Trade Tyre Services (Midlands) Limited
04580587
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/04/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 2 other boards
Persons with Significant Control
Mr Jamie Wadlow
British · England · Age 49
Old Bank Chambers, 582-586 Kingsbury Road, Birmingham, B24 9ND
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 35+ SIC 33170 peers79
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£804k
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
£727k
Working capital
Current Assets
£1.4M
Current Liabilities
£703k
Fixed Assets
£103k
Debtors
£280k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.03 | +£84k |
| 2024 | 1.99 | +£68k |
| 2023 | 1.98 | +£58k |
| 2022 | 1.92 | +£52k |
| 2021 | 1.90 | +£6k |
| 2020 | 2.34 | +£28k |
| 2019 | 2.27 | — |
Derived from filed accounts. Not audited figures.