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Tyre-Line Original Equipment Limited

01720035

active
Private Limited Company
england wales
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

CEDAR HOUSE, SOPWITH WAY, NORTHAMPTONSHIRE, NN11 8PB
Incorporated 03/05/1983

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Nathan James Burrell

director · Since 19/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 13 other boards

Mr Kym Christopher Ellington

director · Since 19/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 16 other boards

Mr Daniel Norman Thornton

director · Since 19/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr Edward Leslie Ford Musson

director · Since 20/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Toll Bar 1 Limited

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

7, Park Lane Business Centre, Nottingham, NG6 0DW

Reg: 14125335 · Companies House England And Wales · Limited Company

Notified 19/10/2022

Former PSCs

Mr Edward Leslie Ford Musson

Ceased 19/10/2022

Charges4 outstanding

Charge
outstanding

EDWARD LESLIE MUSSON

Created 19/10/2022Registered 31/10/2022
Charge
outstanding

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Created 14/02/2011Registered 15/02/2011Satisfied 17/03/2020
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 29/02/2008Registered 11/03/2008Satisfied 16/12/2016
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satisfied

LLOYDS BANK PLC

Created 07/04/1998Registered 18/04/1998Satisfied 16/12/2016
charge
satisfied

LLOYDS BANK PLC

Created 30/06/1989Registered 01/07/1989Satisfied 17/03/2020
charge
satisfied

LLOYDS BANK PLC

Created 28/04/1986Registered 01/05/1986Satisfied 26/05/2017

CompanyRankvs 165+ SIC 29320 peers
64

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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165Tyre-Line Original Equipment Limited
80
How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 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

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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£11.3M

Annual revenue

Net Worth

£3.5M

Balance sheet strength

Cash

£117k

Cash in the bank

Profit Before Tax

£34k

Bottom line earnings

Net Current Assets

£3.0M

Working capital

Current Assets

£7.0M

Current Liabilities

£4.0M

Fixed Assets

£1.0M

Debtors

£3.8M

Cost of Sales

£8.1M

Gross Profit

£3.2M

Admin Expenses

£2.7M

Operating Profit

£85k

Profit After Tax

£17k

32avg. employees-3

Tax at Year End

Corp tax£45k

People Costs

Wages & salaries£1.0M
NI contributions£103k

Balance Sheet

Bank loans & overdrafts£82k
Interest payable£1k
Assets less current liabilities£4.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.75+£17k
20232.11+£335k
20221.94+£254k
20212.39+£468k
20202.35-£310k
20191.43+£37k
20181.40—

Derived from filed accounts. Not audited figures.