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Tyres2u: The Workshop Ltd

15741365

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

36 STONEBRIDGEGATE, RIPON, HG4 1TP
Incorporated 25/05/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Jamie Michael Twite

director · Since 25/05/2024

MECHANIC

BRITISH · ENGLAND · Age 47

Ms Madeleine Jane Alicia Twite

director · Since 25/05/2024

ADMINISTRATOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Jamie Michael Twite

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

British · England · Age 47

28, King Edward Road, Ripon, HG4 1SB

Notified 25/05/2024

Ms Madeleine Jane Alicia Twite

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

British · England · Age 45

28, King Edward Road, Ripon, HG4 1SB

Notified 25/05/2024

CompanyRankvs 31537+ SIC 45200 peers
39

Financial strength20th percentile among SIC peers · 5/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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4P. Goddard & Sons Limited
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5Leeson'S Garage Limited
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6Hadleigh Tyre Services Limited
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31537Tyres2u: The Workshop Ltd
35
How is this score calculated?
Financial strength5/25 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.

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.

Longevity2/15 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 31/05/2025

Net Worth

£1

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£15k

Current Liabilities

£8k

Fixed Assets

£5k

Debtors

£3k

-2avg. employees
Prepared with v2025.54.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent Ratio
20251.88

Derived from filed accounts. Not audited figures.