Wilgrave Tyre Services Limited

POWER SEARCH PRICING

SOLUTIONS

wilgrave tyre services limited Company Information

Company Number

04554404

Next Accounts

Sep 2025

Directors

Paul Wilson

Kevin Wilson

Shareholders

paul wilson

kevin wilson

Group Structure

View All

Industry

Maintenance and repair of motor vehicles

Registered Address

107 cleethorpe road, grimsby, north east lincolnshire, DN31 3ER

Website

wilgrave tyre services limited Estimated Valuation

£130.2k

Pomanda estimates the enterprise value of WILGRAVE TYRE SERVICES LIMITED at £130.2k based on Net Assets of £45.9k and 2.84x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Wilgrave Tyre Services Limited is a live company located in north east lincolnshire, DN31 3ER with a Companies House number of 04554404. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in October 2002, it's largest shareholder is paul wilson with a 50% stake. Wilgrave Tyre Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £165.1k with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Wilgrave Tyre Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £165.1k, make it smaller than the average company (£637.8k)

Growth

3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (9.6%)

EXPORT

Wilgrave Tyre Services Limited's latest turnover from December 2023 is estimated at £165.1 thousand and the company has net assets of £45.9 thousand. According to their latest financial statements, Wilgrave Tyre Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	165,078	175,007	160,923	64,773	72,394	121,601	114,976	123,374	62,754	90,674	100,768	141,631	331,289	377,573
Other Income Or Grants
Cost Of Sales	131,163	140,952	129,196	51,028	56,073	92,451	84,724	89,813	46,097	66,755	73,361	101,772	239,618	265,527
Gross Profit	33,915	34,055	31,727	13,745	16,320	29,150	30,252	33,560	16,657	23,919	27,407	39,859	91,671	112,047
Admin Expenses	30,996	25,667	13,454	-18,076	-13,859	24,499	31,679	17,813	10,125	23,746	61,836	57,333	99,103	112,445	-18,958
Operating Profit	2,919	8,388	18,273	31,821	30,179	4,651	-1,427	15,747	6,532	173	-34,429	-17,474	-7,432	-398	18,958
Interest Payable			22	196	556	895	1,186	648
Interest Receivable			49	28	104	81	83	44	42	54	116	71	47	89	42
Pre-Tax Profit	2,919	8,388	18,300	31,653	29,727	3,837	-2,530	15,143	6,574	227	-34,313	-17,403	-7,385	-309	19,000
Tax	-730	-1,594	-3,477	-6,014	-5,648	-729		-3,028	-1,315	-48					-5,320
Profit After Tax	2,189	6,794	14,823	25,639	24,079	3,108	-2,530	12,114	5,259	179	-34,313	-17,403	-7,385	-309	13,680
Dividends Paid
Retained Profit	2,189	6,794	14,823	25,639	24,079	3,108	-2,530	12,114	5,259	179	-34,313	-17,403	-7,385	-309	13,680
Employee Costs	62,448	58,034	57,917	57,092	58,904	117,730	113,193	113,993	27,411	28,010	27,130	26,335	50,697	74,465
Number Of Employees	2	2	2	2	2	4	4	4	1	1	1	1	2	3
EBITDA*	2,919	8,388	21,432	35,493	34,536	9,845	5,029	21,591	8,315	2,060	-31,774	-14,663	-4,416	3,026	22,169

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	8,546	11,456	10,596	10,746	13,408	16,755	20,939	26,385	1,684	2,457	3,334	4,979	6,780	8,786	11,200
Intangible Assets				3,009	4,019	5,029	6,039	7,049	8,059	9,069	10,079	11,089	12,099	13,109	14,119
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	8,546	11,456	10,596	13,755	17,427	21,784	26,978	33,434	9,743	11,526	13,413	16,068	18,879	21,895	25,319
Stock & work in progress				6,000	7,000	7,000	7,000	5,000	5,000	5,392	5,135	7,089	11,648	17,214	20,301
Trade Debtors	49,665	53,249	47,618	5,054	6,287	12,270	11,551	11,284	10,321	18,023	18,009	27,328	72,541	71,539	83,414
Group Debtors
Misc Debtors
Cash				39,199	17,250	10,441	11,110	22,166	13,223	3,516	17,964	28,323		18,604	16,894
misc current assets
total current assets	49,665	53,249	47,618	50,253	30,537	29,711	29,661	38,450	28,544	26,931	41,108	62,740	84,189	107,357	120,609
total assets	58,211	64,705	58,214	64,008	47,964	51,495	56,639	71,884	38,287	38,457	54,521	78,808	103,068	129,252	145,928
Bank overdraft				701	5,000	5,000	5,000	5,000
Bank loan
Trade Creditors	10,275	18,800	18,241	22,602	23,088	25,310	24,341	28,122	26,879	24,309	32,811	30,245	43,814	69,596	79,878
Group/Directors Accounts				6,720	15,935	29,611	36,983	41,754	41,574	58,238	65,979	58,329	51,319	44,086	49,814
other short term finances
hp & lease commitments
other current liabilities				10,667	5,474	12,152	9,001	8,172	8,860
total current liabilities	10,275	18,800	18,241	40,690	49,497	72,073	75,325	83,048	77,313	82,547	98,790	88,574	95,133	113,682	129,692
loans					722	5,756	10,756	15,748
hp & lease commitments
Accruals and Deferred Income	2,012	2,170	3,032
other liabilities
provisions					66	66	66	66	66	261	261	451	749	999	1,356
total long term liabilities	2,012	2,170	3,032		788	5,822	10,822	15,814	66	261	261	451	749	999	1,356
total liabilities	12,287	20,970	21,273	40,690	50,285	77,895	86,147	98,862	77,379	82,808	99,051	89,025	95,882	114,681	131,048
net assets	45,924	43,735	36,941	23,318	-2,321	-26,400	-29,508	-26,978	-39,092	-44,351	-44,530	-10,217	7,186	14,571	14,880
total shareholders funds	45,924	43,735	36,941	23,318	-2,321	-26,400	-29,508	-26,978	-39,092	-44,351	-44,530	-10,217	7,186	14,571	14,880

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	2,919	8,388	18,273	31,821	30,179	4,651	-1,427	15,747	6,532	173	-34,429	-17,474	-7,432	-398	18,958
Depreciation			2,149	2,662	3,347	4,184	5,446	4,834	773	877	1,645	1,801	2,006	2,414	2,201
Amortisation			1,010	1,010	1,010	1,010	1,010	1,010	1,010	1,010	1,010	1,010	1,010	1,010	1,010
Tax	-730	-1,594	-3,477	-6,014	-5,648	-729		-3,028	-1,315	-48					-5,320
Stock			-6,000	-1,000			2,000		-392	257	-1,954	-4,559	-5,566	-3,087	20,301
Debtors	-3,584	5,631	42,564	-1,233	-5,983	719	267	963	-7,702	14	-9,319	-45,213	1,002	-11,875	83,414
Creditors	-8,525	559	-4,361	-486	-2,222	969	-3,781	1,243	2,570	-8,502	2,566	-13,569	-25,782	-10,282	79,878
Accruals and Deferred Income	-158	-862	-7,635	5,193	-6,678	3,151	829	-688	8,860
Deferred Taxes & Provisions				-66					-195		-190	-298	-250	-357	1,356
Cash flow from operations	-2,910	860	-30,605	36,353	25,971	12,517	-190	18,155	26,329	-6,761	-18,125	21,242	-25,884	7,349	-5,632
Investing Activities
capital expenditure	2,910	-860						-29,535							-28,530
Change in Investments
cash flow from investments	2,910	-860						-29,535							-28,530
Financing Activities
Bank loans
Group/Directors Accounts			-6,720	-9,215	-13,676	-7,372	-4,771	180	-16,664	-7,741	7,650	7,010	7,233	-5,728	49,814
Other Short Term Loans
Long term loans				-722	-5,034	-5,000	-4,992	15,748
Hire Purchase and Lease Commitments
other long term liabilities
share issue			-1,200												1,200
interest			27	-168	-452	-814	-1,103	-604	42	54	116	71	47	89	42
cash flow from financing			-7,893	-10,105	-19,162	-13,186	-10,866	15,324	-16,622	-7,687	7,766	7,081	7,280	-5,639	51,056
cash and cash equivalents
cash			-39,199	21,949	6,809	-669	-11,056	8,943	9,707	-14,448	-10,359	28,323	-18,604	1,710	16,894
overdraft			-701	-4,299				5,000
change in cash			-38,498	26,248	6,809	-669	-11,056	3,943	9,707	-14,448	-10,359	28,323	-18,604	1,710	16,894

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for wilgrave tyre services limited. Get real-time insights into wilgrave tyre services limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for wilgrave tyre services limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in DN31 area or any other competitors across 12 key performance metrics.

WILGRAVE TYRE SERVICES LIMITED group structure

Wilgrave Tyre Services Limited has no subsidiary companies.

Ultimate parent company

WILGRAVE TYRE SERVICES LIMITED

04554404

WILGRAVE TYRE SERVICES LIMITED Shareholders

paul wilson	50%
kevin wilson	50%

Wilgrave Tyre Services Limited currently has 2 directors. The longest serving directors include Mr Paul Wilson (Dec 2002) and Mr Kevin Wilson (Dec 2002).

officer	country	age	start	end	role
Mr Paul Wilson		63 years	Dec 2002	-	Director
Mr Kevin Wilson		65 years	Dec 2002	-	Director

P&L

December 2023

turnover

165.1k

-6%

operating profit

2.9k

gross margin

20.6%

+5.58%

turnover

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

Balance Sheet

December 2023

net assets

45.9k

+0.05%

total assets

58.2k

-0.1%

cash

net assets

Total assets minus all liabilities

Similar Companies

hewsons bodyworks limited

morris young motors limited

juj servicing & repairs limited

2.5

gt automotive limited

engine repair centre limited

4.5

company number

04554404

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

October 2002

ultimate parent company

None

previous names

N/A

address

107 cleethorpe road, grimsby, north east lincolnshire, DN31 3ER

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 wilgrave tyre services limited.

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.

Click to start generating capital raising & share issue transactions for WILGRAVE TYRE SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.

wilgrave tyre services limited Company Information

wilgrave tyre services limited Estimated Valuation

wilgrave tyre services limited Estimated Valuation

wilgrave tyre services limited Estimated Valuation

Wilgrave Tyre Services Limited Overview

Wilgrave Tyre Services Limited Health Check

WILGRAVE TYRE SERVICES LIMITED financials

wilgrave tyre services limited Credit Report and Business Information

Wilgrave Tyre Services Limited Competitor Analysis

wilgrave tyre services limited Ownership

wilgrave tyre services limited directors

wilgrave tyre services limited company details

wilgrave tyre services limited Charges & Mortgages

wilgrave tyre services limited Capital Raised & Share Issues BETA

wilgrave tyre services limited Companies House Filings - See Documents