Marubeni-itochu Tubulars Europe Plc

POWER SEARCH PRICING

SOLUTIONS

marubeni-itochu tubulars europe plc Company Information

Company Number

03630754

Next Accounts

Sep 2025

Directors

Eiichi Fuji

Kentaro Hirahara

View All

Shareholders

marubeni-itochu steel inc.

Group Structure

View All

Industry

Agents specialised in the sale of other particular products

Registered Address

the broadgate tower, 20 primrose street, london, EC2A 2EW

Website

https://www.benichu.com

marubeni-itochu tubulars europe plc Estimated Valuation

£247.8m

Pomanda estimates the enterprise value of MARUBENI-ITOCHU TUBULARS EUROPE PLC at £247.8m based on a Turnover of £354.2m and 0.7x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Marubeni-itochu Tubulars Europe Plc is a live company located in london, EC2A 2EW with a Companies House number of 03630754. It operates in the agents specialized in the sale of other particular products sector, SIC Code 46180. Founded in September 1998, it's largest shareholder is marubeni-itochu steel inc. with a 100% stake. Marubeni-itochu Tubulars Europe Plc is a mature, mega sized company, Pomanda has estimated its turnover at £354.2m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Marubeni-Itochu Tubulars Europe Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

4 Strong

1 Regular

7 Weak

Size

annual sales of £354.2m, make it larger than the average company (£7.5m)

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8.9%)

EXPORT

Marubeni-Itochu Tubulars Europe Plc's latest turnover from March 2024 is £354.2 million and the company has net assets of £53.4 million. According to their latest financial statements, Marubeni-Itochu Tubulars Europe Plc has 52 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Dec 2011	Dec 2010	Dec 2009
Turnover	354,150,552	137,839,932	129,827,767	173,017,895	121,923,839	164,904,636	201,527,866	100,173,024	299,341,714	260,046,110	193,926,481	327,124,667	178,757,764	133,219,448	158,526,427
Other Income Or Grants
Cost Of Sales	332,585,175	121,213,935	123,301,528	155,356,279	110,566,439	151,324,090	190,463,110	96,490,311	291,048,795	249,645,121	184,519,629	304,883,625	160,441,975	123,883,987	148,323,476
Gross Profit	21,565,378	16,625,998	6,526,239	17,661,615	11,357,400	13,580,546	11,064,756	3,682,713	8,292,919	10,400,988	9,406,852	22,241,042	18,315,789	9,335,461	10,202,951
Admin Expenses	9,531,922	8,465,317	8,009,218	7,507,657	6,321,814	6,341,696	6,310,164	7,267,764	7,831,003	8,535,200	6,601,565	8,072,845	6,417,783	4,940,242	4,858,370
Operating Profit	12,033,456	8,160,681	-1,482,979	10,153,958	5,035,586	7,238,850	4,754,592	-3,585,051	461,916	1,865,788	2,805,287	14,168,197	11,898,006	4,395,219	5,344,581
Interest Payable	3,136,894	248,619	40,430	71,739	35,219	32,277	33,249	29,222	85,540	57,637	35,510	104,827	162,798	192,103	102,098
Interest Receivable	85,942	116,635	11,320	27,406	276,616	565,580	399,778	282,220	240,255	67,517	101,269	136,215	128,800	178,336	207,931
Pre-Tax Profit	8,773,788	7,439,380	-1,763,564	8,039,658	4,988,627	-2,267,459	3,460,260	-5,310,674	593,573	2,722,931	3,671,336	14,715,428	12,341,942	5,035,354	8,764,863
Tax	-2,236,802	-1,410,374	388,130	-2,004,675	-1,025,020	-1,431,191	-934,927	466,010	-278,935	-406,752	-699,678	-3,461,060	-3,216,737	-1,267,755	-1,542,676
Profit After Tax	6,536,986	6,029,006	-1,375,435	6,034,983	3,963,607	-3,698,650	2,525,332	-4,844,663	314,639	2,316,179	2,971,658	11,254,368	9,125,204	3,767,599	7,222,188
Dividends Paid			6,047,546	4,354,345		2,340,082		163,027	1,017,554	1,860,025	6,247,781	4,133,254	1,968,617	3,629,310	3,610,783
Retained Profit	6,536,986	6,029,006	-7,422,981	1,680,638	3,963,607	-6,038,732	2,525,332	-5,007,690	-702,916	456,155	-3,276,123	7,121,113	7,156,587	138,289	3,611,405
Employee Costs	6,376,611	5,573,972	5,230,048	4,862,163	3,976,080	3,686,913	3,685,877	4,430,944	4,639,244	4,712,227	3,550,996	4,046,195	3,461,262	2,674,426	2,902,322
Number Of Employees	52	48	38	38	41	39	39	43	44	42	39	35	36	34	33
EBITDA*	12,067,986	8,198,281	-1,427,185	10,212,800	5,079,610	7,238,850	4,754,592	-3,585,051	461,916	1,865,788	2,859,867	14,235,712	11,967,310	4,452,162	5,400,610

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	652,241	1,219,306	2,285,114	2,110,269	3,130,824	2,794,161	13,858,455	14,326,361	17,030,646	14,582,133	149,930	53,301	107,224	147,049	144,431
Intangible Assets	300,798	281,614	112,396	124,133	111,527
Investments & Other				1,226,825	2,835,130	2,566,754	13,193,476	13,022,915	15,868,788	13,934,952	1,090,945	982,529	1,084,668	1,038,108	1,032,808
Debtors (Due After 1 year)	606,200	1,162,523	1,058,462	369,176	97,586	103,433
Total Fixed Assets	953,038	1,500,920	1,339,047	1,865,226	3,144,764	2,794,160	13,858,454	14,326,361	17,030,645	14,582,132	1,240,876	1,035,831	1,191,893	1,185,157	1,177,240
Stock & work in progress	52,522,252	48,398,557	45,920,595	42,537,481	52,670,775	21,375,440	21,921,310	26,571,055	31,539,720	62,343,351	39,200,368	33,409,535	28,824,452	20,714,599	17,207,246
Trade Debtors	66,941,375	18,012,584	61,514,514	6,454,135	18,233,913	28,394,953	16,386,954	6,997,847	20,473,073	15,547,139	37,148,682	26,749,186	23,355,345	55,617,296	24,920,625
Group Debtors	38,208,256	2,487,722	2,054,661	1,740,286	11,867,341	10,715,228	2,118,429	3,605,813	5,362,987	18,932,070	10,706,253	12,825,584	27,594,638	11,865,965	7,509,805
Misc Debtors	1,535,451	5,936,157	4,499,878	1,052,716	1,458,654	2,080,399	7,021,057	2,929,098	965,486	1,007,822	1,930,689	10,887,177	995,096	1,066,891	6,065,492
Cash	3,140,730	7,794,659	5,933,532	31,186,522	1,158,558	25,751,173	15,955,509	32,559,212	877,714	550,843	13,106,464	427,006	2,167,375	2,142,544	652,431
misc current assets
total current assets	162,348,066	83,622,621	120,173,041	82,971,143	85,389,244	88,317,195	63,403,262	72,663,027	59,218,982	98,381,227	102,092,457	84,298,490	82,936,907	91,407,296	56,355,600
total assets	163,301,104	85,123,541	121,512,088	84,836,369	88,534,008	91,111,355	77,261,716	86,989,388	76,249,627	112,963,359	103,333,333	85,334,320	84,128,800	92,592,454	57,532,839
Bank overdraft								4,836,204	8,145,641		1	1			1
Bank loan							2,485,750				11,257,315	7,719,869	27,490,683	43,442,838	5,329,016
Trade Creditors	13,458,410	8,094,690	5,825,989	2,098,178	1,599,530	6,001,320	8,433,344	15,464,472	3,342,755	3,202,964	7,720,786	1,957,951	7,769,859	5,670,484	5,221,939
Group/Directors Accounts	1	1		1	1	1	1	1			34,298,021	26,472,609	902,256	5,938,927	2,531,283
other short term finances	68,998,618	8,857,427	49,983,827	13,112,203	9,447,501	8,578,345				23,964,594
hp & lease commitments	61,387	21,485	21,023
other current liabilities	27,296,653	12,011,969	12,815,557	9,602,610	24,252,695	27,261,588	6,401,201	11,728,697	5,937,220	18,766,569	2,548,826	3,453,953	5,343,576	3,590,513	10,805,578
total current liabilities	109,815,071	28,985,574	68,646,398	24,812,994	35,299,729	41,841,256	17,320,298	32,029,376	17,425,617	45,934,129	55,824,949	39,604,383	41,506,375	58,642,763	23,887,817
loans	122,774	67,526	114,820
hp & lease commitments	61,387	33,763	57,410
Accruals and Deferred Income
other liabilities
provisions					396,212	435,738	538,314	482,928	275,214	279,950
total long term liabilities	61,387	33,763	57,410		198,106	217,869	269,157	241,464	137,607	139,975	63,786	45,603	29,421	16,895	37,975
total liabilities	109,876,458	29,019,337	68,703,808	24,812,994	35,497,835	42,059,125	17,589,455	32,270,840	17,563,224	46,074,104	55,888,735	39,649,985	41,535,796	58,659,658	23,925,792
net assets	53,424,647	56,104,204	52,808,280	60,023,375	53,036,173	49,052,230	59,672,261	54,718,548	58,686,403	66,889,255	47,444,598	45,684,335	42,593,004	33,932,795	33,607,047
total shareholders funds	53,424,647	56,104,205	52,808,280	60,023,376	53,036,173	49,052,230	59,672,261	54,718,548	58,686,403	66,889,255	47,444,598	45,684,335	42,593,004	33,932,795	33,607,047

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	12,033,456	8,160,681	-1,482,979	10,153,958	5,035,586	7,238,850	4,754,592	-3,585,051	461,916	1,865,788	2,805,287	14,168,197	11,898,006	4,395,219	5,344,581
Depreciation	34,530	37,600	55,794	58,842	44,024						54,580	67,516	69,304	56,943	56,029
Amortisation
Tax	-2,236,802	-1,410,374	388,130	-2,004,675	-1,025,020	-1,431,191	-934,927	466,010	-278,935	-406,752	-699,678	-3,461,060	-3,216,737	-1,267,755	-1,542,676
Stock	4,123,695	2,477,962	3,383,114	-10,133,294	31,295,335	-545,870	-4,649,745	-4,968,665	-30,803,631	23,142,983	5,790,833	33,409,535	8,109,854	3,507,352	17,207,246
Debtors	79,692,295	-41,528,529	59,511,202	-22,041,181	-9,636,518	15,767,573	11,993,681	-13,268,788	-8,685,484	-14,298,594	-676,323	50,461,948	-16,605,073	30,054,231	38,495,922
Creditors	5,363,720	2,268,701	3,727,810	498,648	-4,401,790	-2,432,023	-7,031,129	12,121,717	139,791	-4,517,822	5,762,836	1,957,951	2,099,376	448,545	5,221,939
Accruals and Deferred Income	15,284,684	-803,588	3,212,947	-14,650,085	-3,008,893	20,860,387	-5,327,496	5,791,477	-12,829,349	16,217,743	-905,127	3,453,953	1,753,063	-7,215,065	10,805,578
Deferred Taxes & Provisions				-396,212	-39,526	-102,576	55,386	207,714	-4,736	279,950
Cash flow from operations	-53,336,402	47,303,587	-56,992,614	25,834,951	-25,054,436	8,911,744	-15,827,510	33,239,320	26,977,802	4,594,518	1,903,388	-67,684,926	21,098,231	-37,143,696	-35,817,717
Investing Activities
capital expenditure	513,351	858,990	-218,901	949,106	-492,214	11,064,294	467,906	2,704,285	-2,448,513	-14,432,203	-151,209	-120,817	-29,479	-59,561	-200,460
Change in Investments			-1,226,825	-1,608,305	268,376	-10,626,722	170,561	-2,845,873	1,933,836	12,844,007	108,416	982,529	46,560	5,299	1,032,808
cash flow from investments	513,351	858,990	1,007,924	2,557,411	-760,590	21,691,016	297,345	5,550,158	-4,382,349	-27,276,210	-259,625	-1,103,346	-76,039	-64,860	-1,233,268
Financing Activities
Bank loans						-2,485,750	2,485,750			-11,257,315	3,537,446	7,719,869	-15,952,155	38,113,822	5,329,016
Group/Directors Accounts		1	-1							-34,298,020	7,825,412	26,472,609	-5,036,672	3,407,644	2,531,283
Other Short Term Loans	60,141,191	-41,126,400	36,871,624	3,664,702	869,156	8,578,345			-23,964,594	23,964,594
Long term loans	55,248	-47,294	114,820
Hire Purchase and Lease Commitments	67,526	-23,185	78,433
other long term liabilities
share issue	-9,216,544	-2,733,081	207,885	5,306,565	20,336	-4,581,299	2,428,381	1,039,835	-7,499,936	18,988,502	5,036,386	38,563,222	1,503,622	187,459	29,995,642
interest	-3,050,952	-131,984	-29,110	-44,333	241,397	533,303	366,529	252,998	154,715	9,880	65,759	31,388	-33,998	-13,767	105,833
cash flow from financing	47,996,469	-44,061,943	37,243,651	8,926,934	1,130,889	2,044,599	5,280,660	1,292,833	-31,309,815	-2,592,359	16,465,003	72,787,088	-19,519,203	41,695,158	37,961,774
cash and cash equivalents
cash	-4,653,929	1,861,127	-25,252,990	30,027,964	-24,592,615	9,795,664	-16,603,703	31,681,498	326,871	-12,555,621	12,679,458	427,006	24,831	1,490,113	652,431
overdraft							-4,836,204	-3,309,437	8,145,641	-1		1		-1	1
change in cash	-4,653,929	1,861,127	-25,252,990	30,027,964	-24,592,615	9,795,664	-11,767,499	34,990,935	-7,818,770	-12,555,620	12,679,458	427,005	24,831	1,490,114	652,430

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for marubeni-itochu tubulars europe plc. Get real-time insights into marubeni-itochu tubulars europe plc's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for marubeni-itochu tubulars europe plc by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in EC2A area or any other competitors across 12 key performance metrics.

MARUBENI-ITOCHU TUBULARS EUROPE PLC group structure

Marubeni-Itochu Tubulars Europe Plc has no subsidiary companies.

Ultimate parent company

MARUBENI-ITOCHU STEEL INC

#0040081

1 parent

MARUBENI-ITOCHU TUBULARS EUROPE PLC

03630754

MARUBENI-ITOCHU TUBULARS EUROPE PLC Shareholders

marubeni-itochu steel inc.

100%

Marubeni-Itochu Tubulars Europe Plc currently has 7 directors. The longest serving directors include Mr Eiichi Fuji (Mar 2020) and Mr Kentaro Hirahara (Apr 2021).

officer	country	age	start	end	role
Mr Eiichi Fuji	Scotland	55 years	Mar 2020	-	Director
Mr Kentaro Hirahara		53 years	Apr 2021	-	Director
Mr Toru Kojima		56 years	Apr 2024	-	Director
Mr Ken Sakai		47 years	Apr 2024	-	Director
Mr Yoshihisa Kaneko		57 years	Apr 2025	-	Director
Mr Kenta Kuno		55 years	Apr 2025	-	Director
Mr Taro Ikedo		49 years	Apr 2025	-	Director

P&L

March 2024

turnover

354.2m

+157%

operating profit

12m

+47%

gross margin

6.1%

-49.52%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

53.4m

-0.05%

total assets

163.3m

+0.92%

cash

3.1m

-0.6%

net assets

Total assets minus all liabilities

Similar Companies

jkl (wakefield) limited

forum products holdings limited

1.5

northwood paper sales limited

3.5

biogen idec limited

e d & f man fishoils limited

company number

03630754

Type

Public limited with Share Capital

industry

46180 - Agents specialised in the sale of other particular products

incorporation date

September 1998

ultimate parent company

MARUBENI-ITOCHU STEEL INC

previous names

itochu pipe & project management (europe) plc (December 2001)

itochu pipe and project management europe plc (December 1998)

address

the broadgate tower, 20 primrose street, london, EC2A 2EW

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to marubeni-itochu tubulars europe plc.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for MARUBENI-ITOCHU TUBULARS EUROPE PLC. This can take several minutes, an email will notify you when this has completed.

marubeni-itochu tubulars europe plc Company Information

marubeni-itochu tubulars europe plc Estimated Valuation

marubeni-itochu tubulars europe plc Estimated Valuation

marubeni-itochu tubulars europe plc Estimated Valuation

Marubeni-itochu Tubulars Europe Plc Overview

Marubeni-itochu Tubulars Europe Plc Health Check

MARUBENI-ITOCHU TUBULARS EUROPE PLC financials

marubeni-itochu tubulars europe plc Credit Report and Business Information

Marubeni-itochu Tubulars Europe Plc Competitor Analysis

marubeni-itochu tubulars europe plc Ownership

marubeni-itochu tubulars europe plc directors

marubeni-itochu tubulars europe plc company details

marubeni-itochu tubulars europe plc Charges & Mortgages

marubeni-itochu tubulars europe plc Capital Raised & Share Issues BETA

marubeni-itochu tubulars europe plc Companies House Filings - See Documents