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Horndean Tyres Ltd

07515476

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNITS 8 & 9, WATERLOOVILLE, PO8 9JX
Incorporated 03/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mrs Patricia Mary Ann Michie

director · Since 03/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 75

Mr Peter Michie

director · Since 03/02/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr Ronald Arthur Michie

director · Since 03/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 79

Persons with Significant Control

Mr Peter Michie

25–50% shares

British · United Kingdom · Age 51

Units 8, & 9, Waterlooville, PO8 9JX

Notified 03/02/2017

Mrs Patricia Mary Ann Michie

25–50% shares

British · England · Age 75

Units 8, & 9, Waterlooville, PO8 9JX

Notified 03/02/2017

Mr Ronald Arthur Michie

25–50% shares

British · England · Age 79

Units 8, & 9, Waterlooville, PO8 9JX

Notified 03/02/2017

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 13/08/2025Registered 14/08/2025
charge
outstanding

HSBC BANK PLC

Created 11/04/2011Registered 13/04/2011

CompanyRankvs 653+ SIC 45320 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.87× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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653Horndean Tyres Ltd
81
How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 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 31/03/2026

Net Worth

£1.4M

Balance sheet strength

Cash

£482k

Cash in the bank

Net Current Assets

£866k

Working capital

Current Assets

£1.9M

Current Liabilities

£999k

Fixed Assets

£951k

Debtors

£933k

48avg. employees+8

Tax at Year End

Corp tax£135k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20261.87+£248k
20251.90+£53k
20241.74+£299k
20231.59—

Derived from filed accounts. Not audited figures.