Mike Wood Tyres Limited
05510333
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 26/01/2022
Persons with Significant Control
Mrs Annette Louise Lambourne
British · United Kingdom · Age 57
The Old Post Office, 41-43 Market Place, Chippenham, SN15 3HR
Notified 06/04/2016
Former PSCs
Mr Ian Lambourne
Ceased 20/08/2017
Charges2 outstanding
LLOYDS BANK PLC
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 4025+ SIC 47789 peers51
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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 30/09/2025
Net Worth
£1k
Balance sheet strength
Cash
£22k
Cash in the bank
Net Current Assets
-£118k
Working capital
Current Assets
£230k
Current Liabilities
£349k
Fixed Assets
£172k
Debtors
£124k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.66 | -£1k |
| 2024 | 0.71 | -£9k |
| 2023 | 0.81 | +£8k |
| 2022 | 0.80 | -£71 |
| 2021 | 0.89 | -£20k |
| 2020 | 0.98 | — |
| 2019 | 0.64 | — |
| 2018 | 0.71 | — |
Derived from filed accounts. Not audited figures.