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Tyre Renewals Limited

00921415

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 5 outstanding charges (-10)

Details

TORBAY ROAD, SOMERSET, BA7 7DT
Incorporated 06/11/1967

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 20/02/2026

Due 06/03/2027

On track

Industry

22190
Manufacture of other rubber products

Officers

Joyce Dix

secretary · Since 20/02/1991

BRITISH · UNITED KINGDOM · Age 80

Also on 7 other boards

Joyce Dix

director · Since 20/02/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 7 other boards

Lewis Alan Dix

director · Since 20/02/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Robert Nicholas Dix

director · Since 20/02/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 2 other boards

Michael John Rees

director · Since 20/02/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Mr Gary John Dix

director · Since 01/04/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Robert Nicholas Dix

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 80

4 King Square, Bridgwater, TA6 3YF

Notified 20/02/2017

Charges5 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/03/2003Registered 01/04/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/02/2003Registered 08/02/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/07/2002Registered 07/08/2002
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/01/2000Registered 31/01/2000
charge
outstanding

BARCLAYS BANK PLC

Created 18/03/1994Registered 05/04/1994
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/04/1977Registered 15/04/1977Satisfied 24/03/1994

CompanyRankvs 15+ SIC 22190 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.58× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£7.0M

Balance sheet strength

Cash

£5.5M

Cash in the bank

Net Current Assets

£5.6M

Working capital

Current Assets

£6.8M

Current Liabilities

£1.2M

Fixed Assets

£1.7M

Debtors

£1.3M

35avg. employees+1

Balance Sheet

Intangible assets£284
Assets less current liabilities£7.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.58+£1.2M
20234.29+£1.5M
20223.07+£1.3M
20212.39

Derived from filed accounts. Not audited figures.