Hankook Tyre U.K. Limited
02813126
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/11/2023
Persons with Significant Control
Mr Jongho Park
South Korean · Germany · Age 59
Hankook Tyre European Hq, Siemensstrabe 14, 63263 Neu-Isenburg
Notified 01/12/2024
Former PSCs
Mr Han Jun Kim
Ceased 31/12/2019
Mr Sanghoon Lee
Ceased 01/12/2024
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 10+ SIC 22110 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
that the Company will be able to continue in operational existence for the foreseeable future and no material uncertainty has been identified. The Company therefore continues to adopt the going concern basis of accounting in preparing the financial statements. Disclosure of information to auditor Each of the persons who are directors at the time when this Directors' Report is approved
Key FinancialsYear ending 31/12/2024
Turnover
£157.8M
Annual revenue
Net Worth
£15.6M
Balance sheet strength
Cash
£2.5M
Cash in the bank
Profit Before Tax
-£1.0M
Bottom line earnings
Net Current Assets
£9.9M
Working capital
Current Assets
£104.8M
Current Liabilities
£94.9M
Fixed Assets
£5.7M
Debtors
£58.2M
Cost of Sales
£147.3M
Gross Profit
£10.5M
Admin Expenses
£9.6M
Operating Profit
£947k
Profit After Tax
-£1.0M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.10 |
Derived from filed accounts. Not audited figures.