OAK TYRES UK LIMITED

1. OAK TYRES UK LIMITED 1997-11-24 → present
2. OAK TYRE SERVICES LIMITED 1986-03-17 → 1997-11-24

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing the ability of the company to continue to operate as a going concern for the foreseeable future, the directors have considered scenarios which have involved a degree of judgement based upon experience of the sector, forecast activity and the cash resources available to ensure that the financial statements can be prepared on the going concern basis. The directors continue to review in detail the company's position and the appropriate basis on which to prepare the financial statements. The directors have considered detailed projections to July 2026 together with a longer-term assessment, to stress test the financial resilience of the company which take into account both a potential decline in income and increase in costs over this period. The company meets its day to day working capital requirements via a bank overdraft facility. At the year end and the date of signing, the directors are satisfied that there is sufficient headroom available. To the date of approval of the financial statements, consideration of the possible future impact on the customer base and available facilities, the directors consider that it remains appropriate to prepare the financial statements on a going concern basis. The stress testing of the company's financial position has satisfied the directors that it has adequate reserves and mitigation strategies available to deal with reasonable downside scenarios.”

Group structure

1. OAK TYRES UK LIMITED · parent
   1. Ostles (Scotland) Ltd 100% · UK · Dormant

Significant events

• “On 31 March 2026 the company acquired the entire share capital of Exhaust Tyres and Batteries (Worcester).”
• “On 15th December 2025, the company entered into a lease agreement for a warehouse located at Newport, with a lease term of 15 years commencing. The lease gives rise to future minimum lease payments, of which £400k is payable within one year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +5.3%

  £140,924,773 → £148,399,645

• Cash

  -21.6%

  £2,925,521 → £2,294,421

• Net assets

  -0.8%

  £40,253,023 → £39,934,237

• Employees

  +12%

  384 → 430

• Operating profit

  -11.3%

  £10,313,652 → £9,150,659

• Profit before tax

  -14.2%

  £10,488,465 → £9,002,558

• Wages

  +9.7%

  £14,234,333 → £15,611,456

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