Motorway Tyres (Luton) Limited
00881557
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/10/1991
DIRECTOR
BRITISH · ENGLAND · Age 84
Also on 9 other boards
director · Since 26/10/1991
DIRECTOR
BRITISH · ENGLAND · Age 86
Also on 2 other boards
Persons with Significant Control
Mr William Frederick Downer
British · England · Age 86
6 Corunna Court, Warwick, CV34 5HQ
Notified 01/07/2016
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 4595+ SIC 45320 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£5k
Balance sheet strength
Cash
£34k
Cash in the bank
Net Current Assets
-£20k
Working capital
Current Assets
£78k
Current Liabilities
£98k
Fixed Assets
£19k
Debtors
£33k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.80 | -£8k |
| 2024 | 0.84 | -£34k |
| 2023 | 1.86 | -£2k |
| 2022 | 2.15 | -£9k |
| 2021 | 3.30 | — |
Derived from filed accounts. Not audited figures.