YOKOHAMA TWS UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-01 (in 11mo)
Last made up 2026-03-18
Watchouts
None on the register
Cash
£2M
+7.2% vs 2023
Net assets
£11M
+125.1% vs 2023
Employees
51
+2% vs 2023
Profit before tax
£1M
-17.6% vs 2023
Name history
Renamed 3 times since incorporation
- YOKOHAMA TWS UK LIMITED 2023-10-26 → present
- TRELLEBORG INDUSTRIAL TYRES UK LIMITED 2012-01-16 → 2023-10-26
- WATTS INDUSTRIAL TYRES LIMITED 2009-02-17 → 2012-01-16
- WATTS INDUSTRIAL TYRES PLC 1979-07-04 → 2009-02-17
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £14,723,000 | £26,646,000 | |
| Operating profit | £1,378,000 | £1,461,000 | |
| Profit before tax | £1,312,000 | £1,081,000 | |
| Net profit | £997,000 | £793,000 | |
| Cash | £2,110,000 | £2,262,000 | |
| Total assets less current liabilities | £4,686,000 | £10,549,000 | |
| Net assets | £4,686,000 | £10,549,000 | |
| Equity | £4,686,000 | £10,549,000 | |
| Average employees | 50 | 51 | |
| Wages | £1,828,000 | £1,989,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 9.4% | 5.5% | |
| Net margin | 6.8% | 3.0% | |
| Return on capital employed | 29.4% | 13.8% | |
| Gearing (liabilities / total assets) | 66.6% | 26.0% | |
| Current ratio | 1.48x | 3.80x | |
| Interest cover | 11.39x | 3.44x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hazlewoods LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis having received a letter of support from the parent undertaking, Yokohama TWS Holding AB, which indicates that it will continue to provide sufficient funds to enable the Company to meet all of its financial obligations as they fall due for the foreseeable future, a period of at least 12 months from the date of signing the financial statements.”
Significant events
- “Sales increase represents the transfer of trading activity from MITAS AG UK Limited.”
- “The year on year increase is largely due to the transfer of trading activity from MITAS AG UK Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ZIMA, Jan | Secretary | 2023-04-20 | — | — |
| BARTOLI, Elio | Director | 2012-05-03 | Feb 1977 | Italian |
| MARINO, Salvatore | Director | 2018-09-26 | Oct 1964 | Italian |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELCOCK, Ian | Secretary | 2011-02-04 | 2023-04-20 |
| FULLER, Margaret Anne | Secretary | 2001-11-01 | 2009-10-20 |
| QUINN, Geoffrey Peter | Secretary | — | 2001-10-31 |
| ROTHWELL, David Allen | Secretary | 2009-10-20 | 2011-02-04 |
| BROWN, Ronald James | Director | 1992-01-23 | 2000-04-04 |
| CHARTERS, Stewart | Director | 2004-07-23 | 2009-10-20 |
| COOK, Paul Gavin | Director | 2012-05-03 | 2017-06-30 |
| COX, Barry James | Director | — | 1992-01-30 |
| DAVIES, Gordon Ellis | Director | — | 1995-07-21 |
| FORTUNATO, Vincenzo | Director | 2011-02-04 | 2018-09-26 |
| FULLER, Margaret Anne | Director | 2007-03-29 | 2009-10-20 |
| KARNEIN, Andreas | Director | 2009-10-20 | 2011-02-04 |
| LYONS, Richard Andrew | Director | 2022-03-02 | 2023-03-31 |
| MINDERMANN, Jean Paul | Director | 2006-07-10 | 2011-02-04 |
| MITCHELL, Michael Ronald | Director | 1993-12-01 | 1995-04-24 |
| MOREY, Paul John | Director | 2007-03-29 | 2012-05-03 |
| PEARSON, Douglas | Director | — | 2007-03-07 |
| PERRY, Philip James | Director | 1996-01-25 | 2006-05-11 |
| PICCIRILLI, Carlo | Director | 1996-01-25 | 2011-02-18 |
| RODERICK, Christopher John | Director | — | 1999-11-01 |
| RUCK, Mark Anthony | Director | 2015-06-03 | 2022-01-11 |
| TAYLOR, Michael | Director | — | 2001-12-07 |
| THURSTON, John Campbell | Director | — | 2009-10-20 |
| THURSTON, Jonathan Piers | Director | 2008-03-03 | 2009-10-20 |
| TOMASELLI, Andrea | Director | 2011-02-04 | 2012-05-03 |
| TOVEY, Robert Frederick | Director | — | 1998-10-31 |
| WOODCRAFT, David George | Director | 1996-01-25 | 1996-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Watts Tyres Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 182 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-12 RESOLUTIONS Resolution
- 2023-10-26 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-07 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-07-03 | AA | accounts | Accounts with accounts type full | |
| 2025-03-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-12 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-12 | SH01 | capital | Capital allotment shares | |
| 2024-07-18 | AA | accounts | Accounts with accounts type full | |
| 2024-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-26 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-08-09 | AA | accounts | Accounts with accounts type full | |
| 2023-05-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-04-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-04 | AA | accounts | Accounts with accounts type full | |
| 2022-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-17 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-22 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+81%
£14,723,000 £26,646,000
-
Cash
+7.2%
£2,110,000 £2,262,000
-
Net assets
+125.1%
£4,686,000 £10,549,000
-
Employees
+2%
50 51
-
Operating profit
+6%
£1,378,000 £1,461,000
-
Profit before tax
-17.6%
£1,312,000 £1,081,000
-
Wages
+8.8%
£1,828,000 £1,989,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers