a. l. tyres limited Company Information
Company Number
03980738
Website
www.altyres.co.ukRegistered Address
45-49 greek street, stockport, cheshire, SK3 8AX
Industry
Wholesale trade of motor vehicle parts and accessories
Telephone
01614775813
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
simmat holdings limited 100%
a. l. tyres limited Estimated Valuation
Pomanda estimates the enterprise value of A. L. TYRES LIMITED at £843.8k based on a Turnover of £3.1m and 0.28x industry multiple (adjusted for size and gross margin).
a. l. tyres limited Estimated Valuation
Pomanda estimates the enterprise value of A. L. TYRES LIMITED at £644.1k based on an EBITDA of £175.1k and a 3.68x industry multiple (adjusted for size and gross margin).
a. l. tyres limited Estimated Valuation
Pomanda estimates the enterprise value of A. L. TYRES LIMITED at £4.3m based on Net Assets of £1.8m and 2.41x industry multiple (adjusted for liquidity).
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A. L. Tyres Limited Overview
A. L. Tyres Limited is a live company located in cheshire, SK3 8AX with a Companies House number of 03980738. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in April 2000, it's largest shareholder is simmat holdings limited with a 100% stake. A. L. Tyres Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with healthy growth in recent years.
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A. L. Tyres Limited Health Check
Pomanda's financial health check has awarded A. L. 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
5 Strong
3 Regular
4 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£16.9m)
- A. L. Tyres Limited
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.7%)
- A. L. Tyres Limited
6.7% - Industry AVG
Production
with a gross margin of 28.7%, this company has a comparable cost of product (28.7%)
- A. L. Tyres Limited
28.7% - Industry AVG
Profitability
an operating margin of 4.9% make it as profitable than the average company (5.3%)
- A. L. Tyres Limited
5.3% - Industry AVG
Employees
with 7 employees, this is below the industry average (61)
7 - A. L. Tyres Limited
61 - Industry AVG
Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
- A. L. Tyres Limited
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £436k, this is more efficient (£272.6k)
- A. L. Tyres Limited
£272.6k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (55 days)
- A. L. Tyres Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (44 days)
- A. L. Tyres Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 62 days, this is less than average (105 days)
- A. L. Tyres Limited
105 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 75 weeks, this is more cash available to meet short term requirements (7 weeks)
75 weeks - A. L. Tyres Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (47.7%)
25.9% - A. L. Tyres Limited
47.7% - Industry AVG
a. l. tyres limited Credit Report and Business Information
A. L. Tyres Limited Competitor Analysis
Perform a competitor analysis for a. l. tyres limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
a. l. tyres limited Ownership
A. L. TYRES LIMITED group structure
A. L. Tyres Limited has no subsidiary companies.
Ultimate parent company
A. L. TYRES LIMITED
03980738
a. l. tyres limited directors
A. L. Tyres Limited currently has 2 directors. The longest serving directors include Mr Mathew Lowth (Jul 2000) and Mr Simon Lowth (Jul 2000).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mathew Lowth | 50 years | Jul 2000 | - | Director | |
Mr Simon Lowth | 55 years | Jul 2000 | - | Director |
A. L. TYRES LIMITED financials
A. L. Tyres Limited's latest turnover from July 2023 is estimated at £3.1 million and the company has net assets of £1.8 million. According to their latest financial statements, A. L. Tyres Limited has 7 employees and maintains cash reserves of £890 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 279,527 | 282,192 | 286,970 | 282,076 | 277,900 | 281,962 | 288,104 | 280,576 | 275,761 | 278,180 | 285,030 | 287,343 | 295,705 | 290,351 | 26,998 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 279,527 | 282,192 | 286,970 | 282,076 | 277,900 | 281,962 | 288,104 | 280,576 | 275,761 | 278,180 | 285,030 | 287,343 | 295,705 | 290,351 | 26,998 |
Stock & work in progress | 375,000 | 432,500 | 485,000 | 550,000 | 562,500 | 485,000 | 402,500 | 410,000 | 453,500 | 407,000 | 287,500 | 272,500 | 247,500 | 202,500 | 145,000 |
Trade Debtors | 868,940 | 933,668 | 907,607 | 683,288 | 855,042 | 809,239 | 872,780 | 675,202 | 646,648 | 813,402 | 740,390 | 486,610 | 565,037 | 501,338 | 465,563 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 17,146 | 21,771 | 18,894 | 13,647 | 13,283 | 8,574 | 5,878 | 10,013 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 889,976 | 683,974 | 449,324 | 559,050 | 255,237 | 315,050 | 188,058 | 268,479 | 405,134 | 325,600 | 343,551 | 345,825 | 279,512 | 130,483 | 385,428 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,151,062 | 2,071,913 | 1,860,825 | 1,805,985 | 1,686,062 | 1,617,863 | 1,469,216 | 1,363,694 | 1,505,282 | 1,546,002 | 1,371,441 | 1,104,935 | 1,092,049 | 834,321 | 995,991 |
total assets | 2,430,589 | 2,354,105 | 2,147,795 | 2,088,061 | 1,963,962 | 1,899,825 | 1,757,320 | 1,644,270 | 1,781,043 | 1,824,182 | 1,656,471 | 1,392,278 | 1,387,754 | 1,124,672 | 1,022,989 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 405,451 | 604,466 | 285,571 | 311,308 | 303,067 | 269,078 | 164,356 | 183,503 | 328,151 | 319,422 | 339,959 | 270,012 | 344,602 | 284,452 | 214,809 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 206,812 | 76,430 | 138,489 | 142,946 | 64,708 | 81,051 | 89,129 | 30,060 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 612,263 | 680,896 | 424,060 | 454,254 | 367,775 | 350,129 | 253,485 | 213,563 | 328,151 | 319,422 | 339,959 | 270,012 | 344,602 | 284,452 | 214,809 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,014 |
provisions | 16,743 | 12,174 | 12,003 | 9,622 | 7,283 | 8,923 | 10,328 | 8,211 | 8,259 | 8,046 | 9,057 | 11,585 | 13,390 | 11,718 | 2,579 |
total long term liabilities | 16,743 | 12,174 | 12,003 | 9,622 | 7,283 | 8,923 | 10,328 | 8,211 | 8,259 | 8,046 | 9,057 | 11,585 | 13,390 | 11,718 | 3,593 |
total liabilities | 629,006 | 693,070 | 436,063 | 463,876 | 375,058 | 359,052 | 263,813 | 221,774 | 336,410 | 327,468 | 349,016 | 281,597 | 357,992 | 296,170 | 218,402 |
net assets | 1,801,583 | 1,661,035 | 1,711,732 | 1,624,185 | 1,588,904 | 1,540,773 | 1,493,507 | 1,422,496 | 1,444,633 | 1,496,714 | 1,307,455 | 1,110,681 | 1,029,762 | 828,502 | 804,587 |
total shareholders funds | 1,801,583 | 1,661,035 | 1,711,732 | 1,624,185 | 1,588,904 | 1,540,773 | 1,493,507 | 1,422,496 | 1,444,633 | 1,496,714 | 1,307,455 | 1,110,681 | 1,029,762 | 828,502 | 804,587 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 27,064 | 26,529 | 26,302 | 22,824 | 19,348 | 19,330 | 19,501 | 15,055 | 14,731 | 15,263 | 17,313 | 16,673 | 19,300 | 18,496 | 7,299 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | -57,500 | -52,500 | -65,000 | -12,500 | 77,500 | 82,500 | -7,500 | -43,500 | 46,500 | 119,500 | 15,000 | 25,000 | 45,000 | 57,500 | 145,000 |
Debtors | -69,353 | 28,938 | 229,566 | -171,390 | 50,512 | -60,845 | 193,443 | 38,567 | -166,754 | 73,012 | 253,780 | -78,427 | 63,699 | 35,775 | 465,563 |
Creditors | -199,015 | 318,895 | -25,737 | 8,241 | 33,989 | 104,722 | -19,147 | -144,648 | 8,729 | -20,537 | 69,947 | -74,590 | 60,150 | 69,643 | 214,809 |
Accruals and Deferred Income | 130,382 | -62,059 | -4,457 | 78,238 | -16,343 | -8,078 | 59,069 | 30,060 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 4,569 | 171 | 2,381 | 2,339 | -1,640 | -1,405 | 2,117 | -48 | 213 | -1,011 | -2,528 | -1,805 | 1,672 | 9,139 | 2,579 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,014 | 1,014 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 206,002 | 234,650 | -109,726 | 303,813 | -59,813 | 126,992 | -80,421 | -136,655 | 79,534 | -17,951 | -2,274 | 66,313 | 149,029 | -254,945 | 385,428 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 206,002 | 234,650 | -109,726 | 303,813 | -59,813 | 126,992 | -80,421 | -136,655 | 79,534 | -17,951 | -2,274 | 66,313 | 149,029 | -254,945 | 385,428 |
P&L
July 2023turnover
3.1m
-13%
operating profit
148k
0%
gross margin
28.8%
+3.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.8m
+0.08%
total assets
2.4m
+0.03%
cash
890k
+0.3%
net assets
Total assets minus all liabilities
a. l. tyres limited company details
company number
03980738
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
April 2000
age
24
accounts
Total Exemption Full
ultimate parent company
previous names
loftwise limited (August 2000)
incorporated
UK
address
45-49 greek street, stockport, cheshire, SK3 8AX
last accounts submitted
July 2023
a. l. tyres limited Charges & Mortgages
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 did not find charges/mortgages relating to a. l. tyres limited.
a. l. tyres limited Companies House Filings - See Documents
date | description | view/download |
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