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Malvern Tyres (Wholesale) Limited

04066994

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

MALVERN HOUSE, GLOUCESTER, GL1 2RQ
Incorporated 07/09/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Michael William Craddock

director · Since 04/01/2006

NON EXECUTIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Mr Alan Mark Stenning

director · Since 08/01/2014

RETAIL MANAGER

BRITISH · ENGLAND · Age 64

Also on 5 other boards

Mr Christopher David Freeman

director · Since 29/06/2016

OFFICE MANAGER

BRITISH · ENGLAND · Age 36

Also on 19 other boards

Mrs Claire Marguerite Freeman

director · Since 01/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 4 other boards

Mr Thomas Edward Guy Elliston

director · Since 01/10/2025

CFO

BRITISH · ENGLAND · Age 46

Also on 5 other boards

Persons with Significant Control

The Tyre Group Holdings Limited

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

Malvern House, Priory Road, Gloucester, Gloucester, GL1 2RQ

Reg: 12952186 · Register Of Companies For England And Wales · Private Limited Company

Notified 11/01/2024

Former PSCs

Mr Robert Malcolm Freeman

Ceased 29/04/2021

Malvern Tyres Holdings Limited

Ceased 11/01/2024

Charges2 outstanding

Charge
outstanding

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HSBC UK BANK PLC

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HSBC UK BANK PLC

Created 21/11/2019Registered 28/11/2019Satisfied 28/05/2025
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outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 01/10/2019Registered 01/10/2019
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satisfied

BARCLAYS BANK PLC

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BARCLAYS BANK PLC

Created 17/05/2016Registered 18/05/2016Satisfied 29/05/2025
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BARCLAYS BANK PLC

Created 06/05/2016Registered 10/05/2016Satisfied 22/06/2020
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BARCLAYS BANK PLC

Created 20/01/2015Registered 23/01/2015Satisfied 29/05/2025
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satisfied

HSBC BANK PLC

Created 06/03/2013Registered 11/03/2013Satisfied 29/05/2025
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satisfied

HSBC BANK PLC

Created 06/03/2013Registered 08/03/2013Satisfied 29/05/2025
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satisfied

HSBC BANK PLC

Created 06/03/2013Registered 08/03/2013Satisfied 29/05/2025
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satisfied

BARCLAYS BANK PLC

Created 29/02/2012Registered 10/03/2012Satisfied 23/06/2020
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satisfied

BARCLAYS BANK PLC

Created 24/01/2011Registered 27/01/2011Satisfied 18/02/2015
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satisfied

BARCLAYS BANK PLC

Created 05/07/2010Registered 07/07/2010Satisfied 29/05/2025
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satisfied

BARCLAYS BANK PLC

Created 19/04/2010Registered 22/04/2010Satisfied 19/04/2021
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satisfied

BARCLAYS BANK PLC

Created 15/03/2004Registered 20/03/2004Satisfied 29/05/2025
charge
satisfied

BARCLAYS BANK PLC

Created 29/09/2003Registered 30/09/2003Satisfied 29/05/2025
charge
satisfied

BARCLAYS BANK PLC

Created 02/07/2003Registered 05/07/2003Satisfied 29/05/2025
charge
satisfied

FIVE ARROWS COMMERCIAL FINANCE LIMITED

Created 25/09/2002Registered 09/10/2002Satisfied 07/06/2005
charge
satisfied

FIVE ARROWS COMMERCIAL FINANCE LIMITED

Created 25/09/2002Registered 09/10/2002Satisfied 07/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 26/09/2002Registered 02/10/2002Satisfied 29/05/2025
charge
satisfied

BARCLAYS BANK PLC

Created 26/09/2002Registered 02/10/2002Satisfied 07/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 26/09/2002Registered 02/10/2002Satisfied 29/05/2025
charge
satisfied

BARCLAYS BANK PLC

Created 26/09/2002Registered 02/10/2002Satisfied 29/05/2025
charge
satisfied

KWIK-FIT PROPERTIES LIMITED

Created 01/12/2000Registered 09/12/2000Satisfied 07/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 03/10/2000Registered 18/10/2000Satisfied 22/06/2020
charge
satisfied

THE HSBC UK ENTERPRISE FUND FOR THE MIDLANDS

Created 03/10/2000Registered 14/10/2000Satisfied 21/04/2012
charge
satisfied

BARCLAYS BANK PLC

Created 28/09/2000Registered 05/10/2000Satisfied 23/06/2020

CompanyRankvs 358+ SIC 45310 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.23× · 12/20
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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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 30/11/2024

Turnover

£27.6M

Annual revenue

Net Worth

£4.1M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

-£268k

Bottom line earnings

Net Current Assets

£3.8M

Working capital

Current Assets

£20.2M

Current Liabilities

£16.4M

Fixed Assets

£3.1M

Debtors

£9.8M

Cost of Sales

£17.5M

Admin Expenses

£10.2M

Operating Profit

-£152k

Profit After Tax

£162k

222avg. employees

Tax at Year End

Dividends paid-£547k

People Costs

Wages & salaries£5.8M
NI contributions£485k

Balance Sheet

Intangible assets£160
Bank loans & overdrafts£614k
Assets less current liabilities£6.9M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.23+£0
20241.23-£1.1M
20231.03+£260k
20221.03+£461k
20210.97+£2.0M
20200.81+£180k
20190.79

Derived from filed accounts. Not audited figures.