TYRE SPOT LIMITED

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

Xeinadin 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.”

Group structure

1. TYRE SPOT LIMITED · parent
   1. Stag Tyres Limited 100% · England & Wales

Significant events

• “2024-2025 was another year of increased sales for the Company enabling the business to grow its market share in the local area. The first half of the year was especially good with record profitability. ... However, the second half of the year was much more challenging in our sector with supply chain issues, the UK market being overstocked therefore impacting demand, sales and margin.”
• “The increased business has allowed us to invest in the company's properties, increasing storage capacity, allowing us to hold more tyres and meet the demands of increases in the number of sizes of tyres that need to be stocked.”
• “The company enters 2025-26 well prepared for both national and global uncertainty and any challenges these bring. The strategic planning which started in Q4 2024 to prepare for the rising costs that we would face in the next financial year has paid off.”

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

Filings

2

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

  +12.3%

  £31,175,829 → £35,017,125

• Cash

  -43.6%

  £53,336 → £30,108

• Net assets

  +6.9%

  £6,288,573 → £6,720,862

• Employees

  +4%

  149 → 155

• Operating profit

  -8.3%

  £820,975 → £753,121

• Profit before tax

  +7.8%

  £564,699 → £608,480

• Wages

  +12%

  £4,595,650 → £5,145,596

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