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Medway Industrial Tyres Limited

01490140

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

10 REGENT BUSINESS CENTRE, CHATHAM, ME5 8UD
Incorporated 10/04/1980

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/05/2026

Due 28/05/2027

On track

Industry

45310
Wholesale trade of motor vehicle parts and accessories
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Peter John Watts

secretary · Since 30/04/1991

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Mr Peter John Watts

director · Since 30/04/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Persons with Significant Control

Mr Peter John Watts

75–100% shares
75–100% votes
Appoint directors

British · England · Age 65

Lambs Cross House, Chart Hill Road, Maidstone, ME17 3EX

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/06/1997Registered 25/06/1997

CompanyRankvs 173+ SIC 45310 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.17× · 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 strength22/25 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 31/03/2025

Net Worth

£641k

Balance sheet strength

Cash

£339k

Cash in the bank

Net Current Assets

£460k

Working capital

Current Assets

£854k

Current Liabilities

£394k

Fixed Assets

£222k

Debtors

£363k

16avg. employees

Balance Sheet

Assets less current liabilities£682k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.17+£26k
20241.93+£190k
20231.72

Derived from filed accounts. Not audited figures.