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First Industrial Tyres Limited

07175545

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 7 PROGRESS WAY, EYE, IP23 7HU
Incorporated 03/03/2010

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

45200
Maintenance and repair of motor vehicles

Officers

Ms Carmel Frances Swift

secretary · Since 04/12/2019

Mrs Carmel Frances Swift

director · Since 12/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 6 other boards

Miss Daisy Woolley

director · Since 12/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 29

Persons with Significant Control

Ms Carmel Swift

25–50% shares
25–50% votes
Appoint directors

British · England · Age 67

Unit 7, Progress Way, Eye, IP23 7HU

Notified 06/04/2016

Miss Daisy Woolley

50–75% shares

British · England · Age 29

Unit 7, Progress Way, Eye, IP23 7HU

Notified 12/01/2024

Former PSCs

Mr Edward David Woolley

Ceased 14/12/2023

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/10/2014Registered 30/10/2014Satisfied 20/05/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/10/2014Registered 14/10/2014

CompanyRankvs 217+ SIC 45200 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.39× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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217First Industrial Tyres Limited
90
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.

Liquidity20/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£2.4M

Balance sheet strength

Cash

£807k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.5M

Current Liabilities

£734k

Fixed Assets

£662k

Debtors

£794k

25avg. employees

Balance Sheet

Assets less current liabilities£2.4M
Signed by 07175545 2024-05-01 2025-04-30 07175545 2025-04-30 07175545 bus:OrdinaryShareClass1 2025-04-30 07175545 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.39+£252k
20242.29+£461k
20232.28+£513k
20221.53+£345k
20211.29+£222k
20201.23-£15k
20191.19—

Derived from filed accounts. Not audited figures.