King David Tyres Limited
01219477
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2017
OFFICE MANAGER
BRITISH · ENGLAND · Age 36
Also on 19 other boards
director · Since 02/01/2018
RETAIL MANAGER
BRITISH · ENGLAND · Age 64
Also on 5 other boards
director · Since 20/03/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 4 other boards
director · Since 15/02/2024
DIRECTOR
BRITISH · WALES · Age 42
Also on 1 other board
director · Since 01/10/2025
CFO
BRITISH · ENGLAND · Age 46
Also on 5 other boards
Persons with Significant Control
The Tyre Group Holdings Limited
Malvern House, Priory Road, Gloucester, Gloucester, GL1 2RQ
Reg: 12952186 · Register Of Companies For England And Wales · Private Limited Company
Notified 11/01/2024
Former PSCs
Mr Robert Malcolm Freeman
Ceased 29/04/2021
Malvern Tyres Holdings Limited
Ceased 11/01/2024
Charges3 outstanding
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CompanyRankvs 2154+ SIC 45200 peers62
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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
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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 30/11/2024
Turnover
£17.6M
Annual revenue
Net Worth
£6.3M
Balance sheet strength
Cash
£851k
Cash in the bank
Profit Before Tax
£49k
Bottom line earnings
Net Current Assets
£5.7M
Working capital
Current Assets
£17.9M
Current Liabilities
£12.1M
Fixed Assets
£2.2M
Debtors
£10.6M
Cost of Sales
£12.3M
Admin Expenses
£5.2M
Operating Profit
£112k
Profit After Tax
£439k
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.47 | +£0 |
| 2024 | 1.47 | -£73k |
| 2023 | 1.39 | +£738k |
| 2022 | 1.49 | +£696k |
| 2021 | 1.63 | +£528k |
| 2020 | 1.43 | +£371k |
| 2019 | 1.03 | — |
Derived from filed accounts. Not audited figures.