Ski Tyres Limited

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ski tyres limited Company Information

Company Number

02986214

Next Accounts

Aug 2025

Directors

Oliver Kusznierski

Edward Kusznierski

Shareholders

ski tyres (holdings) limited

Group Structure

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Industry

Maintenance and repair of motor vehicles

Registered Address

unit 4405 oakfield close, tewkesbury business park, tewkesbury, gloucestershire, GL20 8PF

Website

www.skityres.com

ski tyres limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of SKI TYRES LIMITED at £2.6m based on Net Assets of £979.9k and 2.65x industry multiple (adjusted for liquidity).

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Ski Tyres Limited is a live company located in tewkesbury, GL20 8PF with a Companies House number of 02986214. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in November 1994, it's largest shareholder is ski tyres (holdings) limited with a 100% stake. Ski Tyres Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with low growth in recent years.

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Pomanda's financial health check has awarded Ski Tyres Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

5 Strong

3 Regular

4 Weak

Size

annual sales of £1.9m, make it larger than the average company (£1.4m)

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.5%)

EXPORT

Ski Tyres Limited's latest turnover from November 2023 is estimated at £1.9 million and the company has net assets of £979.9 thousand. According to their latest financial statements, Ski Tyres Limited has 15 employees and maintains cash reserves of £292.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	1,859,630	1,929,151	1,923,199	1,670,925	1,792,159	1,103,699	1,155,820	934,826	2,187,640	2,775,016	3,431,242	3,233,516	3,369,636	3,383,753
Other Income Or Grants
Cost Of Sales	1,490,508	1,571,927	1,541,576	1,340,243	1,397,565	851,376	881,636	712,500	1,716,471	2,196,702	2,675,645	2,434,367	2,515,835	2,486,415
Gross Profit	369,122	357,224	381,623	330,682	394,593	252,323	274,184	222,326	471,169	578,314	755,597	799,150	853,801	897,338
Admin Expenses	306,295	229,734	343,748	270,341	457,368	204,371	179,482	179,469	439,711	538,577	688,235	676,506	803,490	785,783	-528,998
Operating Profit	62,827	127,490	37,875	60,341	-62,775	47,952	94,702	42,857	31,458	39,737	67,362	122,644	50,311	111,555	528,998
Interest Payable					3,088	8,368	11,454	7,835	4,713	7,131	9,686	11,380	13,902	17,145	9,133
Interest Receivable	22,049	11,322	259	230	1,390	1,279	507	295	999	849	740	580	619	851	309
Pre-Tax Profit	84,876	138,811	38,133	60,572	-64,473	40,863	83,754	35,318	27,744	33,454	58,416	111,845	37,028	95,261	520,174
Tax	-21,219	-26,374	-7,245	-11,509		-7,764	-15,913	-7,063	-5,549	-7,025	-13,436	-26,843	-9,627	-26,673	-145,649
Profit After Tax	63,657	112,437	30,888	49,063	-64,473	33,099	67,841	28,254	22,195	26,429	44,980	85,002	27,401	68,588	374,525
Dividends Paid
Retained Profit	63,657	112,437	30,888	49,063	-64,473	33,099	67,841	28,254	22,195	26,429	44,980	85,002	27,401	68,588	374,525
Employee Costs	428,782	342,100	341,604	404,991	407,388	381,362	174,499	178,094	280,746	332,533	400,499	408,162	414,798	463,858
Number Of Employees	15	13	13	15	15	14	7	7	11	13	16	17	18	20
EBITDA*	120,870	170,859	74,697	98,206	-22,604	84,936	133,891	76,856	62,865	70,210	98,832	153,371	82,994	143,502	566,356

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	678,824	215,851	517,951	533,521	495,102	502,911	500,776	532,945	500,990	442,182	441,468	403,423	419,765	434,800	450,819
Intangible Assets
Investments & Other	6,668	6,668	6,668	6,668	6,668	10,002	10,002	10,002	10,002	10,002	10,002	10,002	10,002	10,002	10,002
Debtors (Due After 1 year)
Total Fixed Assets	685,492	222,519	524,619	540,189	501,770	512,913	510,778	542,947	510,992	452,184	451,470	413,425	429,767	444,802	460,821
Stock & work in progress	124,018	211,925	174,940	119,728	145,073	173,545	163,259	101,625	86,253	102,260	199,131	191,981	181,575	137,698	155,995
Trade Debtors	530,287	615,984	636,128	453,692	550,828	253,528	350,103	252,147	532,913	629,128	763,550	682,281	744,099	721,552	704,787
Group Debtors						272,388
Misc Debtors						74,821	342,507	332,293
Cash	292,701	547,263	207,504	309,935	150,553	220,215	120,899	81,762	154,631	245,072	94,400	201,500	30,618	216,921	123,512
misc current assets
total current assets	947,006	1,375,172	1,018,572	883,355	846,454	994,497	976,768	767,827	773,797	976,460	1,057,081	1,075,762	956,292	1,076,171	984,294
total assets	1,632,498	1,597,691	1,543,191	1,423,544	1,348,224	1,507,410	1,487,546	1,310,774	1,284,789	1,428,644	1,508,551	1,489,187	1,386,059	1,520,973	1,445,115
Bank overdraft							27,731	29,604
Bank loan
Trade Creditors	560,126	646,017	699,736	579,205	541,395	408,983	407,980	279,440	408,026	517,945	596,572	606,679	556,390	671,355	623,093
Group/Directors Accounts						59,882
other short term finances
hp & lease commitments						16,992	12,759	18,244
other current liabilities						109,232	116,877	76,100
total current liabilities	560,126	646,017	699,736	579,205	541,395	595,089	565,347	403,388	408,026	517,945	596,572	606,679	556,390	671,355	623,093
loans						91,498	128,710	166,383	54,729	90,296	129,118	168,926	181,217	246,522	281,023
hp & lease commitments						20,816	21,636	35,301
Accruals and Deferred Income
other liabilities	59,669	20,483	25,093	54,403	75,775				149,389	164,476	154,363	140,720	158,976	138,381	143,872
provisions	32,815	14,960	14,568	17,030	7,211	11,691	16,636	18,326	13,523	19,000	18,000	7,344	8,960	11,600	12,600
total long term liabilities	92,484	35,443	39,661	71,433	82,986	124,005	166,982	220,010	217,641	273,772	301,481	316,990	349,153	396,503	437,495
total liabilities	652,610	681,460	739,397	650,638	624,381	719,094	732,329	623,398	625,667	791,717	898,053	923,669	905,543	1,067,858	1,060,588
net assets	979,888	916,231	803,794	772,906	723,843	788,316	755,217	687,376	659,122	636,927	610,498	565,518	480,516	453,115	384,527
total shareholders funds	979,888	916,231	803,794	772,906	723,843	788,316	755,217	687,376	659,122	636,927	610,498	565,518	480,516	453,115	384,527

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	62,827	127,490	37,875	60,341	-62,775	47,952	94,702	42,857	31,458	39,737	67,362	122,644	50,311	111,555	528,998
Depreciation	58,043	43,369	36,822	37,865	40,171	36,984	39,189	33,999	31,407	30,473	31,470	30,727	32,683	31,947	37,358
Amortisation
Tax	-21,219	-26,374	-7,245	-11,509		-7,764	-15,913	-7,063	-5,549	-7,025	-13,436	-26,843	-9,627	-26,673	-145,649
Stock	-87,907	36,985	55,212	-25,345	-28,472	10,286	61,634	15,372	-16,007	-96,871	7,150	10,406	43,877	-18,297	155,995
Debtors	-85,697	-20,144	182,436	-97,136	-49,909	-91,873	108,170	51,527	-96,215	-134,422	81,269	-61,818	22,547	16,765	704,787
Creditors	-85,891	-53,719	120,531	37,810	132,412	1,003	128,540	-128,586	-109,919	-78,627	-10,107	50,289	-114,965	48,262	623,093
Accruals and Deferred Income					-109,232	-7,645	40,777	76,100
Deferred Taxes & Provisions	17,855	392	-2,462	9,819	-4,480	-4,945	-1,690	4,803	-5,477	1,000	10,656	-1,616	-2,640	-1,000	12,600
Cash flow from operations	205,219	74,317	-52,127	256,807	74,477	147,172	115,801	-44,789	54,142	216,851	-2,474	226,613	-110,662	165,623	195,618
Investing Activities
capital expenditure	-521,016	258,731	-21,252	-76,284	-32,362	-39,119	-7,020	-65,954	-90,215	-31,187	-69,515	-14,385	-17,648	-15,928	-488,177
Change in Investments					-3,334										10,002
cash flow from investments	-521,016	258,731	-21,252	-76,284	-29,028	-39,119	-7,020	-65,954	-90,215	-31,187	-69,515	-14,385	-17,648	-15,928	-498,179
Financing Activities
Bank loans
Group/Directors Accounts					-59,882	59,882
Other Short Term Loans
Long term loans					-91,498	-37,212	-37,673	111,654	-35,567	-38,822	-39,808	-12,291	-65,305	-34,501	281,023
Hire Purchase and Lease Commitments					-37,808	3,413	-19,150	53,545
other long term liabilities	39,186	-4,610	-29,310	-21,372	75,775			-149,389	-15,087	10,113	13,643	-18,256	20,595	-5,491	143,872
share issue															10,002
interest	22,049	11,322	259	230	-1,698	-7,089	-10,947	-7,540	-3,714	-6,282	-8,946	-10,800	-13,283	-16,294	-8,824
cash flow from financing	61,235	6,712	-29,051	-21,142	-115,111	18,994	-67,770	8,270	-54,368	-34,991	-35,111	-41,347	-57,993	-56,286	426,073
cash and cash equivalents
cash	-254,562	339,759	-102,431	159,382	-69,662	99,316	39,137	-72,869	-90,441	150,672	-107,100	170,882	-186,303	93,409	123,512
overdraft						-27,731	-1,873	29,604
change in cash	-254,562	339,759	-102,431	159,382	-69,662	127,047	41,010	-102,473	-90,441	150,672	-107,100	170,882	-186,303	93,409	123,512

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for ski tyres limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in GL20 area or any other competitors across 12 key performance metrics.

SKI TYRES LIMITED group structure

Ski Tyres Limited has 4 subsidiary companies.

Ultimate parent company

SKI TYRES (HOLDINGS) LIMITED

15466499

1 parent

SKI TYRES LIMITED

02986214

4 subsidiaries

SKI TYRES BRIDGEND LIMITED

06138037

SKI TYRES (HEREFORD) LIMITED

02617026

SKI TYRES CHELTENHAM LIMITED

02003164

SKI TYRES GLOUCESTER LIMITED

02452232

SKI TYRES LIMITED Shareholders

ski tyres (holdings) limited

100%

Ski Tyres Limited currently has 2 directors. The longest serving directors include Mr Oliver Kusznierski (Apr 2008) and Mr Edward Kusznierski (Nov 2023).

officer	country	age	start	end	role
Mr Oliver Kusznierski	United Kingdom	43 years	Apr 2008	-	Director
Mr Edward Kusznierski	United Kingdom	45 years	Nov 2023	-	Director

P&L

November 2023

turnover

1.9m

-4%

operating profit

62.8k

gross margin

19.9%

+7.19%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

979.9k

+0.07%

total assets

1.6m

+0.02%

cash

292.7k

-0.47%

net assets

Total assets minus all liabilities

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company number

02986214

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

November 1994

ultimate parent company

SKI TYRES (HOLDINGS) LIMITED

previous names

ellenborough 132 limited (March 1995)

address

unit 4405 oakfield close, tewkesbury business park, tewkesbury, gloucestershire, GL20 8PF

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 4 charges/mortgages relating to ski tyres limited. Currently there are 1 open charges and 3 have been satisfied in the past.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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ski tyres limited Company Information

ski tyres limited Estimated Valuation

ski tyres limited Estimated Valuation

ski tyres limited Estimated Valuation

Ski Tyres Limited Overview

Ski Tyres Limited Health Check

SKI TYRES LIMITED financials

ski tyres limited Credit Report and Business Information

Ski Tyres Limited Competitor Analysis

ski tyres limited Ownership

ski tyres limited directors

ski tyres limited company details

ski tyres limited Charges & Mortgages

ski tyres limited Capital Raised & Share Issues BETA

ski tyres limited Companies House Filings - See Documents