T & N Tyre Supplies Limited

POWER SEARCH PRICING

SOLUTIONS

t & n tyre supplies limited Company Information

Live

EstablishedSmallHealthy

Company Number

06236418

Website

www.tntyres.com

Registered Address

58 cannock street, cannock street, leicester, LE4 9HR

Industry

Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres

Telephone

01162769201

Next Accounts Due

May 2024

Group Structure

View All

Directors

Noreen Taylor17 Years

Anthony Smithson6 Years

Shareholders

noreen taylor 50%

anthony smithson 50%

t & n tyre supplies limited Estimated Valuation

£697.9k

Pomanda estimates the enterprise value of T & N TYRE SUPPLIES LIMITED at £697.9k based on Net Assets of £414.7k and 1.68x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

T & N Tyre Supplies Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

T & N Tyre Supplies Limited is a live company located in leicester, LE4 9HR with a Companies House number of 06236418. It operates in the manufacture of rubber tyres and tubes sector, SIC Code 22110. Founded in May 2007, it's largest shareholder is noreen taylor with a 50% stake. T & N Tyre Supplies Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded T & N Tyre Supplies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

2 Regular

4 Weak

Size

annual sales of £2.3m, make it smaller than the average company (£41.4m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (-5.6%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for t & n tyre supplies limited. Get real-time insights into t & n tyre supplies 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 t & n tyre supplies limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

T & N TYRE SUPPLIES LIMITED group structure

T & N Tyre Supplies Limited has no subsidiary companies.

Ultimate parent company

T & N TYRE SUPPLIES LIMITED

06236418

T & N TYRE SUPPLIES LIMITED Shareholders

noreen taylor	50%
anthony smithson	50%

T & N Tyre Supplies Limited currently has 2 directors. The longest serving directors include Mrs Noreen Taylor (May 2007) and Mr Anthony Smithson (May 2018).

officer	country	age	start	end	role
Mrs Noreen Taylor	England	64 years	May 2007	-	Director
Mr Anthony Smithson	England	59 years	May 2018	-	Director

EXPORT

T & N Tyre Supplies Limited's latest turnover from August 2022 is estimated at £2.3 million and the company has net assets of £414.7 thousand. According to their latest financial statements, T & N Tyre Supplies Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2022	Aug 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	2,296,765	1,357,824	2,596,232	1,996,702	1,523,435	1,241,834	744,368	780,055	961,296	758,361	532,513	597,334	551,811
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,997,345	1,215,129	2,324,925	1,891,446	1,412,829	1,154,394	681,662	686,076	842,612	652,098	456,875	514,442	472,489
Gross Profit	299,420	142,696	271,307	105,256	110,606	87,440	62,706	93,979	118,684	106,263	75,637	82,891	79,322
Admin Expenses	204,356	118,959	255,275	71,986	84,776	77,661	60,052	36,607	53,026	61,010	27,778	64,929	-12,406
Operating Profit	95,064	23,737	16,032	33,270	25,830	9,779	2,654	57,372	65,658	45,253	47,859	17,962	91,728
Interest Payable	0	0	0	0	0	0	0	0	0	0	1,625	1,625	0
Interest Receivable	0	0	0	0	0	86	307	313	431	378	233	234	125
Pre-Tax Profit	95,064	23,737	16,032	33,270	25,830	9,865	2,961	57,685	66,090	45,631	46,467	16,570	91,853
Tax	-18,062	-4,510	-3,046	-6,321	-4,908	-1,874	-592	-11,537	-13,879	-10,495	-11,152	-4,308	-25,719
Profit After Tax	77,002	19,227	12,986	26,949	20,922	7,991	2,369	46,148	52,211	35,136	35,315	12,262	66,134
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	77,002	19,227	12,986	26,949	20,922	7,991	2,369	46,148	52,211	35,136	35,315	12,262	66,134
Employee Costs	450,364	470,354	680,118	519,423	408,861	416,449	90,305	86,040	127,038	117,759	78,208	67,784	100,471
Number Of Employees	8	11	14	11	9	9	2	2	3	3	2	2	3
EBITDA*	95,064	23,737	16,032	33,270	25,830	9,779	47,198	75,658	79,878	58,621	54,174	28,311	98,036

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2022	Aug 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	197,547	235,130	221,624	254,426	273,397	283,135	297,940	287,740	215,955	144,889	136,567	105,332	29,379
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	197,547	235,130	221,624	254,426	273,397	283,135	297,940	287,740	215,955	144,889	136,567	105,332	29,379
Stock & work in progress	0	0	0	0	0	0	36,524	36,227	22,731	27,110	23,203	30,036	27,269
Trade Debtors	695,545	390,806	611,788	534,073	412,369	368,563	199,530	199,512	284,194	222,066	203,027	184,787	176,023
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	68,814	54,035	71,073	101,490	49,784	43,499	49,982
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	695,545	390,806	611,788	534,073	412,369	368,563	304,868	289,774	377,998	350,666	276,014	258,322	253,274
total assets	893,092	625,936	833,412	788,499	685,766	651,698	602,808	577,514	593,953	495,555	412,581	363,654	282,653
Bank overdraft	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
Trade Creditors	423,897	219,661	339,714	301,497	280,258	266,723	218,347	201,172	262,514	217,630	49,291	133,139	125,481
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	126,645	89,884	86,531
other short term finances	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
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	423,897	219,661	339,714	301,497	280,258	266,723	218,347	201,172	262,514	217,630	175,936	223,023	212,012
loans	0	0	0	0	0	0	0	0	0	0	0	50,000	0
hp & lease commitments	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
other liabilities	27,500	37,500	150,545	153,671	106,568	100,000	100,000	100,000	100,000	100,000	100,000	0	0
provisions	27,043	31,125	24,730	27,894	20,452	27,409	34,786	29,036	30,281	28,978	22,834	12,135	4,407
total long term liabilities	54,543	68,625	175,275	181,565	127,020	127,409	134,786	129,036	130,281	128,978	122,834	62,135	4,407
total liabilities	478,440	288,286	514,989	483,062	407,278	394,132	353,133	330,208	392,795	346,608	298,770	285,158	216,419
net assets	414,652	337,650	318,423	305,437	278,488	257,566	249,675	247,306	201,158	148,947	113,811	78,496	66,234
total shareholders funds	414,652	337,650	318,423	305,437	278,488	257,566	249,675	247,306	201,158	148,947	113,811	78,496	66,234

	Aug 2022	Aug 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	95,064	23,737	16,032	33,270	25,830	9,779	2,654	57,372	65,658	45,253	47,859	17,962	91,728
Depreciation	0	0	0	0	0	0	44,544	18,286	14,220	13,368	6,315	10,349	6,308
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-18,062	-4,510	-3,046	-6,321	-4,908	-1,874	-592	-11,537	-13,879	-10,495	-11,152	-4,308	-25,719
Stock	0	0	0	0	0	-36,524	297	13,496	-4,379	3,907	-6,833	2,767	27,269
Debtors	304,739	-220,982	77,715	121,704	43,806	169,033	18	-84,682	62,128	19,039	18,240	8,764	176,023
Creditors	204,236	-120,053	38,217	21,239	13,535	48,376	17,175	-61,342	44,884	168,339	-83,848	7,658	125,481
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-4,082	6,395	-3,164	7,442	-6,957	-7,377	5,750	-1,245	1,303	6,144	10,699	7,728	4,407
Cash flow from operations	-27,583	126,551	-29,676	-66,074	-16,306	-83,605	69,216	72,720	54,437	199,663	-41,534	27,858	-1,087
Investing Activities
capital expenditure	37,583	-13,506	32,802	18,971	9,738	14,805	-54,744	-90,071	-85,286	-21,690	-37,550	-86,302	-35,687
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	37,583	-13,506	32,802	18,971	9,738	14,805	-54,744	-90,071	-85,286	-21,690	-37,550	-86,302	-35,687
Financing Activities
Bank loans	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	-126,645	36,761	3,353	86,531
Other Short Term Loans	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	-50,000	50,000	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-10,000	-113,045	-3,126	47,103	6,568	0	0	0	0	0	100,000	0	0
share issue	0	0	0	0	0	-100	0	0	0	0	0	0	100
interest	0	0	0	0	0	86	307	313	431	378	-1,392	-1,391	125
cash flow from financing	-10,000	-113,045	-3,126	47,103	6,568	-14	307	313	431	-126,267	85,369	51,962	86,756
cash and cash equivalents
cash	0	0	0	0	0	-68,814	14,779	-17,038	-30,417	51,706	6,285	-6,483	49,982
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	-68,814	14,779	-17,038	-30,417	51,706	6,285	-6,483	49,982

P&L

August 2022

turnover

2.3m

+69%

operating profit

95.1k

gross margin

13.1%

+24.05%

turnover

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

Balance Sheet

August 2022

net assets

414.7k

+0.23%

total assets

893.1k

+0.43%

cash

net assets

Total assets minus all liabilities

Similar Companies

Agree?

seatex rubber limited

1.5

maxam tire solutions limited

top treads limited

alterever limited

3.5

statham tyres & co (uk) limited

company number

06236418

Type

Private limited with Share Capital

industry

22110 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres

incorporation date

May 2007

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

58 cannock street, cannock street, leicester, LE4 9HR

last accounts submitted

August 2022

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 t & n tyre supplies limited.

t & n tyre supplies limited Company Information

t & n tyre supplies limited Estimated Valuation

t & n tyre supplies limited Estimated Valuation

t & n tyre supplies limited Estimated Valuation

T & N Tyre Supplies Limited AI Business Plan

T & N Tyre Supplies Limited Overview

T & N Tyre Supplies Limited Health Check

t & n tyre supplies limited Credit Report and Business Information

T & N Tyre Supplies Limited Competitor Analysis

t & n tyre supplies limited Ownership

t & n tyre supplies limited directors

T & N TYRE SUPPLIES LIMITED financials

t & n tyre supplies limited company details

t & n tyre supplies limited Charges & Mortgages

t & n tyre supplies limited Companies House Filings - See Documents