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Treads Tyres & Autos Limited

10429185

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

TREADS TYRES UNIT 3, TORQUAY, TQ2 7NS
Incorporated 14/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Antony James Hickey

director · Since 14/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 5 other boards

Miss Sadie Dorrell

director · Since 13/02/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Persons with Significant Control

Mr Antony James Hickey

75–100% shares
75–100% votes
Appoint directors

British · England · Age 40

Wessex House, Teign Road, Newton Abbot, TQ12 4AA

Notified 14/10/2016

Charges1 outstanding

Charge
outstanding

MICHELDEVER TYRE SERVICES LIMITED

Created 26/10/2021Registered 26/10/2021

CompanyRankvs 25163+ SIC 45200 peers
34

Financial strength13th percentile among SIC peers · 3/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/12/2022

Net Worth

-£8k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£34k

Current Liabilities

£86k

Fixed Assets

£91k

Debtors

£20k

10avg. employees

Tax at Year End

VAT£9k

Director Loans

Company owes directors£68k

Balance Sheet

Assets less current liabilities£39k
Signed by Mr Antony Hickey 27th September 2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20220.39-£47k£177k
20210.70+£9k£204k
20201.29-£10k£61k
20192.40-£3k

Derived from filed accounts. Not audited figures.