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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

£565K

+2% vs 2023

Net assets

£2M

+416.1% vs 2023

Employees

36

-5.3% vs 2023

Profit before tax

-£174K

-13.7% vs 2023

Name history

Renamed 1 time since incorporation

  1. INTERFIT LIMITED 2010-02-16 → present
  2. WATTS INDUSTRIAL TYRE SERVICES LIMITED 2001-12-14 → 2010-02-16

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £7,932,000£7,510,000
Operating profit £70,000£48,000
Profit before tax -£153,000-£174,000
Net profit -£125,000-£145,000
Cash £554,000£565,000
Total assets less current liabilities £465,000£2,400,000
Net assets £465,000£2,400,000
Equity £465,000£2,400,000
Average employees 3836
Wages £1,371,000£1,330,000

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 2023-12-312024-12-31
Operating margin 0.9%0.6%
Net margin -1.6%-1.9%
Return on capital employed 15.1%2.0%
Gearing (liabilities / total assets) 91.8%50.6%
Current ratio 1.07x1.94x
Interest cover 0.29x0.20x

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

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

People

3 active · 20 resigned

Name Role Appointed Born Nationality
ZIMA, Jan Secretary 2023-04-20
BARTOLI, Elio Director 2013-09-11 Feb 1977 Italian
MARINO, Salvatore Director 2018-09-26 Oct 1964 Italian
Show 20 resigned officers
Name Role Appointed Resigned
ELCOCK, Ian Secretary 2011-02-04 2023-04-20
FULLER, Margaret Anne Secretary 2001-12-14 2009-10-20
ROTHWELL, David Allen Secretary 2009-10-20 2011-02-04
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2001-12-14 2001-12-14
CHARTERS, Stewart Director 2007-03-29 2009-10-20
COOK, Paul Gavin Director 2014-05-14 2017-06-30
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 2012-05-03 2017-06-30
MINDERMANN, Jean Paul Director 2007-03-29 2011-02-04
MOREY, Paul John Director 2003-08-22 2013-07-30
PEARSON, Douglas Director 2001-12-14 2007-03-07
PERRY, Phillip James Director 2001-12-14 2006-05-11
RUCK, Mark Anthony Director 2015-06-03 2022-01-11
THURSTON, John Campbell Director 2001-12-14 2009-10-20
THURSTON, Jonathan Piers Director 2007-03-29 2009-10-20
TOMASELLI, Andrea Director 2011-02-04 2012-05-03
WOOLLEY, Edward David Director 2008-03-03 2010-02-28

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 114 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-12-12 RESOLUTIONS Resolution
Date Type Category Description
2026-03-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-03 AA accounts Accounts with accounts type full
2025-03-18 CS01 confirmation-statement Confirmation statement with updates PDF
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 PDF
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 PDF
2023-04-27 TM02 officers Termination secretary company with name termination date PDF
2023-04-20 AP03 officers Appoint person secretary company with name date PDF
2023-03-31 TM01 officers Termination director company with name termination date PDF
2023-03-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-04 AA accounts Accounts with accounts type full
2022-03-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-04 AP01 officers Appoint person director company with name date PDF
2022-01-17 TM01 officers Termination director company with name termination date PDF
2021-09-22 AA accounts Accounts with accounts type full
2021-04-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-07 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
1

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page