Active02602575Private limited companyLichfield

MR. TYRE LIMITED

B75/100

Owned by M T Developments Ltd (75–100%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

MR. TYRE LIMITED is an active private limited company (company number 02602575) incorporated on 18 April 1991, registered in Lichfield. Its registered activity is retail trade of motor vehicle parts and accessories (SIC 45320). Latest full accounts cover the period ending 31 December 2024, showing net assets of £7.65m and cash of £588k, with 218 employees on average. Turnover was £25.21m and profit for the year £1.62m. Net assets fell 3% on the prior period (£7.92m).

Peer position · net assets

By net assets it sits in the top quarter of 441 comparable companies in Birmingham (median £1,731, upper quartile £30k).

02

Key dates

Incorporated
18 April 199135 yrs ago
Next accounts due
30 September 202622 days overdue
Confirmation statement due
2 May 2027in 192 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 45320
Retail trade of motor vehicle parts and accessories
Accounts type
Full
Size band
MediumCompanies Act thresholds
04

Financials

3 periods on record · latest ending 31 December 2024
Net assets
£7.65m
−3%vs Dec 2023
Cash at bank
£588k
−18%vs Dec 2023
Turnover
£25.21m
+6%vs Dec 2023
Employees
218
+5%vs Dec 2023
Net assets
£7.65m
Cash at bank
£588k
Turnover
£25.21m
Profit for the year
£1.62m
Average employees
218
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 December 2024£7.65m£588k—£7.49m£25.21m£1.62m218
31 December 2023£7.92m£718k—£7.92m£23.75m£1.50m207
1 January 2023———————
Current ratio1.78Comfortable
Net margin6.4%Profit for the year ÷ turnover
Cash per employee£2,697Cash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

05

Firmoscan score

Rules-based · every point shows its evidence
75 / 100 · grade B
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
+10Positive net assetsNet assets £7,647,001 at 2024-12-31
+8Comfortable liquidityCurrent ratio 1.78
+4Cash reservesCash £588,019
+5Multi-year filing history3 periods on record
+8EstablishedIncorporated 1991-04-18 (35 years)
−10Accounts overdueDue 2026-09-30
75Score, grade B

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active
  • M T Developments Ltd
    corporate entity, England · since 18 April 2017
    • owns 75–100% of shares

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Confirmation statement duein 192 days
  2. Next accounts due22 days overdue
  3. Accounts period endNet assets £7.65m · full accounts
  4. Accounts period endNet assets £7.92m · full accounts
  5. Accounts period end
  6. Incorporated
08

Similar companies in Birmingham

Same activity (retail trade of motor vehicle parts and accessories), closest in incorporation date
09

Reminders for MR. TYRE LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.