Essex Tyre Company Ltd
04524580
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/09/2002
TYRE AND FAST FIT CENTRE
BRITISH · ENGLAND · Age 64
Persons with Significant Control
Mr Stephen Michael Branston
British · England · Age 64
801, London Road, Westcliff-On-Sea, SS0 9SY
Notified 03/09/2016
CompanyRankvs 88137+ SIC 82990 peers52
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£5k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£53k
Current Liabilities
£62k
Fixed Assets
£5k
Debtors
£10k
Tax at Year End
Director Loans(2020)
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.85 | — | £48k |
| 2023 | 0.91 | — | £49k |
| 2022 | 0.88 | — | £43k |
| 2021 | 0.99 | +£952 | £75k |
| 2020 | 0.97 | — | £135k |
| 2019 | 0.82 | — | £61k |
| 2018 | 0.77 | — | — |
Derived from filed accounts. Not audited figures.