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Watling Tyre Service Limited(The)

00842799

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1-3 PELHAM ROAD, GRAVESEND, DA11 0HN
Incorporated 26/03/1965

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/09/2025

Due 08/10/2026

On track

Industry

45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mrs Karen Frances Flury

director · Since 24/09/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 1 other board

Roger James Flury

director · Since 25/03/1998

CHAIRMAN

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Miss Melissa Karen Flury

director · Since 10/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Patrick Gordon Laming

director · Since 10/05/2022

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 66

Mr Nigel Payne

director · Since 10/05/2022

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Watling Holdings Limited

75–100% shares
75–100% votes

1-3 Pelham Road, Gravesend, DA11 0HN

Reg: 12773172 · England And Wales · Limited Company

Notified 28/07/2020

Former PSCs

The Universal Tyre Co (Deptford) Ltd

Ceased 11/10/2017

Mr Norman Frederick Flury

Ceased 28/07/2020

Mrs Karen Frances Flury

Ceased 28/07/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 29/07/2021Registered 02/08/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 11/10/2017Registered 13/10/2017Satisfied 02/09/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 11/10/2017Registered 12/10/2017Satisfied 02/09/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 20/10/2016Registered 22/10/2016Satisfied 02/09/2025
charge
satisfied

MIDLAND BANK PLC

Created 08/11/1993Registered 17/11/1993Satisfied 09/11/2004
charge
satisfied

BURMAH OIL TRADING LTD.

Created 27/02/1990Registered 16/05/1990Satisfied 14/02/2004
charge
satisfied

MIDLAND BANK PLC

Created 07/01/1987Registered 13/01/1987Satisfied 04/12/1989
charge
satisfied

MIDLAND BANK PLC

Created 29/04/1981Registered 08/05/1981Satisfied 14/02/2004
charge
satisfied

MIDLAND BANK PLC

Created 29/04/1981Registered 08/05/1981Satisfied 14/02/2004
charge
satisfied

MIDLAND BANK PLC

Created 29/04/1981Registered 08/05/1981Satisfied 14/02/2004
charge
satisfied

MIDLAND BANK PLC

Created 24/05/1979Registered 04/06/1979Satisfied 09/11/2004
charge
satisfied

FORWARD TRUST LTD

Created 21/11/1974Registered 25/11/1974Satisfied 14/02/2004
charge
satisfied

MIDLAND BANK PLC

Created 27/04/1972Registered 15/05/1972Satisfied 14/02/2004
charge
satisfied

MIDLAND BANK PLC

Created 21/01/1972Registered 02/02/1972Satisfied 14/02/2004
charge
satisfied

MIDLAND BANK LTD

Created 08/11/1971Registered 26/11/1971Satisfied 09/11/2004

CompanyRankvs 19+ SIC 45200 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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90
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90
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8Whartons Garage Limited
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19Watling Tyre Service Limited(The)
90
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£21.3M

Annual revenue

Net Worth

£10.1M

Balance sheet strength

Cash

£3.4M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£9.3M

Working capital

Current Assets

£12.8M

Current Liabilities

£3.6M

Fixed Assets

£1.1M

Debtors

£7.8M

Cost of Sales

£12.6M

Gross Profit

£8.7M

Admin Expenses

£1.6M

Operating Profit

£1.0M

Profit After Tax

£892k

118avg. employees-3

Tax at Year End

Corp tax£290k
Dividends paid£825k

People Costs

Wages & salaries£4.6M
NI contributions£467k

Balance Sheet

Assets less current liabilities£10.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.60+£67k—
20233.78+£489k£4.7M
20223.73+£283k£4.6M
20213.70—£5.0M

Derived from filed accounts. Not audited figures.