Foremost Tyres (Sunderland) Limited
06331213
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Ian Douglas
British · England · Age 72
2 Mayfair Gardens, South Shields, NE34 6LZ
Notified 06/04/2016
CompanyRankvs 541+ SIC 52219 peers69
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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 30/11/2025
Net Worth
£18k
Balance sheet strength
Cash
£49k
Cash in the bank
Net Current Assets
-£15k
Working capital
Current Assets
£79k
Current Liabilities
£94k
Fixed Assets
£33k
Debtors
£5k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.84 | +£17k | £191k |
| 2024 | 0.64 | -£14k | £254k |
| 2023 | 0.67 | — | £227k |
Derived from filed accounts. Not audited figures.