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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-09-30

Confirmation statement due

2026-11-05 (in 6mo)

Last made up 2025-10-22

Watchouts

None on the register

Cash

£14M

-15.2% vs 2023

Net assets

£30M

-3.7% vs 2023

Employees

57

0% vs 2023

Profit before tax

£3M

+15% vs 2023

Name history

Renamed 1 time since incorporation

  1. TUBE DEVELOPMENTS LIMITED 1992-03-11 → present
  2. TUBE DEVELOPMENTS (GLASGOW) LIMITED 1965-09-16 → 1992-03-11

Accounts

2-year trend · latest reflected 2024-09-30

Metric Trend 2023-09-302024-09-30
Turnover £26,103,503£24,967,183
Operating profit £2,220,197£2,242,905
Profit before tax £2,243,457£2,580,928
Net profit £1,728,832£1,886,438
Cash £16,659,821£14,123,849
Total assets less current liabilities £30,696,774£29,559,602
Net assets £30,696,774£29,559,602
Equity £30,696,774£29,559,602
Average employees 5757
Wages £10,025,549£8,736,066

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-09-302024-09-30
Operating margin 8.5%9.0%
Net margin 6.6%7.6%
Return on capital employed 7.2%7.6%
Current ratio 4.15x4.47x
Interest cover 42696.10x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Clement Millar
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. TUBE DEVELOPMENTS LIMITED · parent
    1. MBT Limited 100% · Building materials suppliers
    2. Hartmann Media Ltd 99% · marketing and sales promotion
    3. Glasgow Animation Limited 100% · Animation production

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

8 active · 7 resigned

Name Role Appointed Born Nationality
KAY, Douglas Secretary 1990-01-01 British
BROWN, George Duncan Director 2011-07-01 Feb 1968 British
CHALMERS, Alexander Dale Director 1990-01-01 Dec 1956 British
FRASER, Gregor Scott Fortune Director 1989-03-01 Mar 1965 British
FRASER, Ian Fortune Director Nov 1955 British
FRASER, Stephen Dawson Director Feb 1960 British
KAY, Douglas Director 2013-03-01 Jun 1957 British
MCLUCKIE, Fiona Marie Dawson Director Oct 1957 British
Show 7 resigned officers
Name Role Appointed Resigned
FRASER, Stephen Dawson Secretary 1990-01-01
CRAIG, William Dickson Director 1997-06-01 1999-08-27
CRAIG, William Dickson Director 1992-11-30
FRASER, John Fortune Director 2019-01-12
FRASER, Theresa Director 2013-03-22
FRASER-HARTMAN, Tessa Megan Fortune Director 1989-03-01 2024-06-19
NELSON, Peter Director 1989-10-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Ian Fortune Fraser Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 160 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-06-25 RESOLUTIONS Resolution
Date Type Category Description
2026-03-31 AD01 address Change registered office address company with date old address new address PDF
2026-03-31 MR04 mortgage Mortgage satisfy charge full PDF
2025-10-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-25 AA accounts Accounts with accounts type full
2024-12-11 CS01 confirmation-statement Confirmation statement with updates PDF
2024-08-01 SH06 capital Capital cancellation shares
2024-07-12 SH03 capital Capital return purchase own shares
2024-07-01 AA accounts Accounts with accounts type full
2024-06-25 RESOLUTIONS resolution Resolution
2024-06-24 TM01 officers Termination director company with name termination date PDF
2023-12-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-28 AA accounts Accounts with accounts type full
2022-12-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-24 AA accounts Accounts with accounts type full
2021-12-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-25 AA accounts Accounts with accounts type full
2020-12-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-06-25 AA accounts Accounts with accounts type full
2019-12-06 CS01 confirmation-statement Confirmation statement with updates PDF
2019-12-06 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
2

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page