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M2 Tyres Ltd

14735086

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

GOODGER HOUSE, RAINHAM, ME9 7UY
Incorporated 16/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr David Leonard Goodger

director · Since 16/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 6 other boards

Mr Shane Harris

director · Since 16/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Persons with Significant Control

Mr David Leonard Goodger

25–50% shares
25–50% votes

British · England · Age 60

1-3 Manor Road, Chatham, ME4 6AE

Notified 16/03/2023

Mr Shane Harris

25–50% shares
25–50% votes

British · United Kingdom · Age 44

1-3 Manor Road, Chatham, ME4 6AE

Notified 16/03/2023

CompanyRankvs 241310+ SIC 45200 peers
45

Financial strength79th percentile among SIC peers · 20/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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24131M2 Tyres Ltd
41
How is this score calculated?
Financial strength20/25 pts

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

Employees1/15 pts

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

Liquidity6/20 pts

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

Longevity3/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£66k

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£394k

Current Liabilities

£456k

Fixed Assets

£129k

Debtors

£173k

0avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£66k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86+£7k
20241.00—

Derived from filed accounts. Not audited figures.