JOHN LAWRIE TUBULARS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-17 (in 1mo)
Last made up 2025-06-03
Watchouts
None on the register
Cash
£1M
+154.5% vs 2023
Net assets
£10M
+17.8% vs 2023
Employees
43
+2.4% vs 2023
Profit before tax
£2M
-70.9% vs 2023
Name history
Renamed 1 time since incorporation
- JOHN LAWRIE TUBULARS LIMITED 2018-06-11 → present
- THUNDERBIRD TUBULARS LIMITED 2018-06-04 → 2018-06-11
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £37,461,374 | £25,836,458 | |
| Operating profit | £6,767,497 | £2,412,658 | |
| Profit before tax | £6,345,349 | £1,846,836 | |
| Net profit | £4,883,085 | £1,512,748 | |
| Cash | £494,616 | £1,258,661 | |
| Total assets less current liabilities | £14,619,007 | £21,077,861 | |
| Net assets | £8,514,252 | £10,027,000 | |
| Equity | £8,514,252 | £10,027,000 | |
| Average employees | 42 | 43 | |
| Wages | £2,054,524 | £1,834,649 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 18.1% | 9.3% | |
| Net margin | 13.0% | 5.9% | |
| Return on capital employed | 46.3% | 11.4% | |
| Gearing (liabilities / total assets) | 67.7% | 62.3% | |
| Current ratio | 1.57x | 3.40x | |
| Interest cover | 7.34x | 2.10x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, having made due and careful enquiry and preparing forecasts, are of the opinion that the company have adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the company have adequate resources to continue in operational existence for the foreseeable future. As a result, the directors have continued to adopt a going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “The company has had a satisfactory trading year.”
- “The company is continuing to seek new opportunities at home and overseas to maintain and improve upon our current operating activities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLARK, Jonathan James | Secretary | 2022-03-08 | — | — |
| APPLETON, Andrew | Director | 2025-01-13 | Nov 1986 | American |
| CLARK, Jonathan James | Director | 2021-01-04 | Apr 1985 | British |
| CONWAY, Matthew | Director | 2025-01-13 | Sep 1990 | American |
| KIRSON, Ian Matthew | Director | 2022-11-07 | Sep 1965 | American |
| LAING, Iain Kevin | Director | 2018-06-04 | Apr 1977 | British |
| NEWMAN, John | Director | 2022-11-07 | Jan 1975 | American |
| THEODORE, Terry Michael | Director | 2022-11-07 | Jul 1963 | American |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PARKER, Charles David | Secretary | 2018-06-04 | 2022-03-08 |
| BOUCHER, Joseph | Director | 2018-06-04 | 2022-11-07 |
| CONWAY, Matthew | Director | 2022-11-07 | 2024-10-01 |
| FISCHER, Andrew Olaf | Director | 2018-06-04 | 2022-11-07 |
| FISHER, Ian | Director | 2018-06-04 | 2022-11-07 |
| GRANT, Raymond | Director | 2018-06-04 | 2021-01-04 |
| MATTHEWS, David | Director | 2022-11-07 | 2025-01-13 |
| PARKER, Charles David | Director | 2018-06-04 | 2022-11-07 |
| RHEINNECKER, Alfred | Director | 2022-12-15 | 2024-10-01 |
| SINCLAIR, Victor Arthur | Director | 2018-06-04 | 2025-01-13 |
| VIRDI, Balraj Singh | Director | 2018-06-04 | 2022-11-07 |
| WESTON, David Norman | Director | 2018-06-04 | 2021-01-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| John Lawrie Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-06-04 | Active |
Filing timeline
Last 20 of 82 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-09-24 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2024-09-24 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2024-09-24 | 466(Scot) | mortgage | Mortgage alter floating charge with number |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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 2024-12-31 vs 2023-12-31
-
Turnover
-31%
£37,461,374 £25,836,458
-
Cash
+154.5%
£494,616 £1,258,661
-
Net assets
+17.8%
£8,514,252 £10,027,000
-
Employees
+2.4%
42 43
-
Operating profit
-64.3%
£6,767,497 £2,412,658
-
Profit before tax
-70.9%
£6,345,349 £1,846,836
-
Wages
-10.7%
£2,054,524 £1,834,649
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