MR. TYRE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-02 (in 1y)
Last made up 2026-04-18
Watchouts
None on the register
Cash
£588K
-18.2% lowest in 4 filed years
Net assets
£8M
-3.4% lowest in 4 filed years
Employees
218
+5.3% highest in 4 filed years
Profit before tax
£2M
+12.7% highest in 4 filed years
Name history
Renamed 1 time since incorporation
- MR. TYRE LIMITED 1991-12-30 → present
- INCOMEMAJOR LIMITED 1991-04-18 → 1991-12-30
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £18,010,123 | — | £20,796,008 | — | £23,750,850 | £25,210,007 | |
| Operating profit | — | £1,197,436 | — | £1,359,882 | — | £2,061,998 | £2,258,037 | |
| Profit before tax | — | £1,151,910 | — | £1,236,483 | — | £1,961,665 | £2,210,334 | |
| Net profit | — | £902,612 | — | £970,663 | — | £1,501,384 | £1,619,208 | |
| Cash | — | £700,458 | — | £732,089 | — | £718,478 | £588,019 | |
| Total assets less current liabilities | — | £8,788,706 | — | £9,285,819 | — | £8,490,796 | £8,023,717 | |
| Net assets | — | £7,740,746 | — | £7,921,409 | — | £7,917,793 | £7,647,001 | |
| Equity | £7,528,134 | £7,740,746 | £7,740,746 | £7,921,409 | £7,921,409 | £7,917,793 | £7,647,001 | |
| Average employees | — | 189 | — | 201 | — | 207 | 218 | |
| Wages | — | £4,967,995 | — | £5,569,664 | — | £6,335,030 | £7,063,451 |
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 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 6.6% | — | 6.5% | — | 8.7% | 9.0% | |
| Net margin | — | 5.0% | — | 4.7% | — | 6.3% | 6.4% | |
| Return on capital employed | — | 13.6% | — | 14.6% | — | 24.3% | 28.1% | |
| Current ratio | — | — | — | — | — | 1.79x | 1.78x | |
| Interest cover | — | 26.30x | — | 11.02x | — | 20.09x | 43.55x |
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
- PKF Smith Cooper Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Two new depots have opened in May and June 2025.”
- “Since the year end, £920,000 of interim dividends have been paid.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVY, Jane Catherine | Secretary | 1995-12-15 | — | British |
| BAMFORD, Peter | Director | 2008-05-20 | Jan 1964 | British |
| WILLIAMS, Arwyn Gethin | Director | 1991-04-25 | Oct 1955 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SIMMONS, Colin | Secretary | 1994-03-30 | 1995-12-15 |
| WILLIAMS, Arwyn Gethin | Secretary | 1991-04-25 | 1994-03-30 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1991-04-18 | 1991-04-25 |
| BAMFORD, Peter | Director | 1996-10-24 | 2002-10-04 |
| HAY, Anthony James | Director | 1991-04-25 | 1994-03-30 |
| LARVIN, Loiuse Marjorie | Director | 1996-10-25 | 2017-01-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1991-04-18 | 1991-04-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| M T Developments Ltd | Corporate entity | Shares 75–100% | 2017-04-18 | Active |
Filing timeline
Last 20 of 148 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-16 | AA | accounts | Accounts with accounts type full | |
| 2024-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-04 | AA | accounts | Accounts with accounts type full | |
| 2022-12-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-09-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-09-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-09-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-09-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-07 | AA | accounts | Accounts with accounts type full | |
| 2020-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-07 | AA | accounts | Accounts with accounts type full | |
| 2019-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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
+6.1%
£23,750,850 £25,210,007
highest in 4 filed years
-
Cash
-18.2%
£718,478 £588,019
lowest in 4 filed years
-
Net assets
-3.4%
£7,917,793 £7,647,001
lowest in 4 filed years
-
Employees
+5.3%
207 218
highest in 4 filed years
-
Operating profit
+9.5%
£2,061,998 £2,258,037
highest in 4 filed years
-
Profit before tax
+12.7%
£1,961,665 £2,210,334
highest in 4 filed years
-
Wages
+11.5%
£6,335,030 £7,063,451
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers