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Medway Industrial Tyres Limited

01490140

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 167+ 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+£63k
20221.73+£64k
20211.74+£89k
20201.73-£21k
20191.68

Derived from filed accounts. Not audited figures.