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Tyrez Limited

00826678

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

GONERBY ROAD, GRANTHAM, NG31 8HF
Incorporated 10/11/1964

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22110
Manufacture of rubber tyres and tubes

Officers

Mr Harjeev Singh Kandhari

director · Since 17/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 14 other boards

Persons with Significant Control

Mr Harjeev Singh Kandhari

75–100% shares

British · England · Age 51

Gonerby Road, Grantham, NG31 8HF

Notified 20/04/2023

Former PSCs

Mrs Diana Jean Parker

Ceased 27/06/2018

Vaculug Limited

Ceased 01/10/2020

Mr Harjeev Singh Kandhari

Ceased 14/10/2020

Mrs Manika Kaur Kandhari

Ceased 20/04/2023

Charges0 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 26/09/1980Registered 13/10/1980Satisfied 24/02/1995

CompanyRankvs 760+ SIC 22110 peers
55

Financial strength20th percentile among SIC peers · 5/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£398k

Working capital

Current Assets

£3.5M

Current Liabilities

£3.9M

Fixed Assets

£181k

Debtors

£2.9M

Profit After Tax

-£22k

9avg. employees+6

Balance Sheet

Assets less current liabilities-£217k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.90
20231.09

Derived from filed accounts. Not audited figures.