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Loughton Tyres Limited

02207831

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
60 / 100

Some Concerns

30/30
Filing
10/30
Financial
20/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

UNIT A4, LANGSTON ROAD, IG10 3TQ
Incorporated 23/12/1987

Compliance

Last accounts

31/01/2026

total exemption full

Next accounts due

31/10/2027

On track

Confirmation statement

Last: 02/05/2025

Due 16/05/2026

Overdue

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Errol Hassan

director · Since 04/05/1991

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 1 other board

Persons with Significant Control

Mr Errol Hassan

75–100% shares
75–100% votes

British · England · Age 71

Suite 501 Unit 2, 94a Wycliffe Road, Northampton, NN1 5JF

Notified 06/04/2016

Insolvency History1 case

members voluntary liquidation02/04/2026

Ninos Koumettou (practitioner) · Constantinos Pedhiou (practitioner)

CompanyRankvs 261+ SIC 45320 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.25× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/01/2026

Net Worth

£302k

Balance sheet strength

Cash

£335k

Cash in the bank

Net Current Assets

£302k

Working capital

Current Assets

£373k

Current Liabilities

£71k

Debtors

£8k

7avg. employees

Tax at Year End(2022)

Corp tax£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20265.25+£0
20265.25+£76k
20255.19-£5k
20244.37+£22k
20233.63+£7k
20224.01+£49k
20212.83-£140k
20204.12+£31k
20193.78+£27k
20183.34

Derived from filed accounts. Not audited figures.