tyre city (uk) limited
tyre city (uk) limited Company Information
Company Number
09211681
Website
www.citytyresuk.comRegistered Address
lawrence house, 5 st andrews hill, norwich, norfolk, NR2 1AD
Industry
Retail trade of motor vehicle parts and accessories
Wholesale trade of motor vehicle parts and accessories
Telephone
01384257230
Next Accounts Due
1208 days late
Group Structure
View All
Directors
Hamza Raja10 Years
Shareholders
mohammed ikraam 70%
hamza hassan suhail raja 30%
tyre city (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of TYRE CITY (UK) LIMITED at £122.7k based on a Turnover of £431.1k and 0.28x industry multiple (adjusted for size and gross margin).
tyre city (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of TYRE CITY (UK) LIMITED at £0 based on an EBITDA of £-3.5k and a 3.68x industry multiple (adjusted for size and gross margin).
tyre city (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of TYRE CITY (UK) LIMITED at £956 based on Net Assets of £358 and 2.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tyre City (uk) Limited Overview
Tyre City (uk) Limited is a live company located in norwich, NR2 1AD with a Companies House number of 09211681. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in September 2014, it's largest shareholder is mohammed ikraam with a 70% stake. Tyre City (uk) Limited is a established, micro sized company, Pomanda has estimated its turnover at £431.1k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tyre City (uk) Limited Health Check
Pomanda's financial health check has awarded Tyre City (Uk) 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
2 Strong
2 Regular
7 Weak
Size
annual sales of £431.1k, make it smaller than the average company (£7.6m)
- Tyre City (uk) Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (4.6%)
- Tyre City (uk) Limited
4.6% - Industry AVG
Production
with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)
- Tyre City (uk) Limited
30.9% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (4.2%)
- Tyre City (uk) Limited
4.2% - Industry AVG
Employees
with 6 employees, this is below the industry average (57)
6 - Tyre City (uk) Limited
57 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)
- Tyre City (uk) Limited
£28.5k - Industry AVG
Efficiency
resulting in sales per employee of £71.9k, this is less efficient (£166.9k)
- Tyre City (uk) Limited
£166.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tyre City (uk) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (51 days)
- Tyre City (uk) Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 114 days, this is more than average (86 days)
- Tyre City (uk) Limited
86 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is more cash available to meet short term requirements (5 weeks)
9 weeks - Tyre City (uk) Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (61.4%)
99.8% - Tyre City (uk) Limited
61.4% - Industry AVG
TYRE CITY (UK) LIMITED financials
Tyre City (Uk) Limited's latest turnover from September 2019 is estimated at £431.1 thousand and the company has net assets of £358. According to their latest financial statements, Tyre City (Uk) Limited has 6 employees and maintains cash reserves of £12.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|
| 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 | 6 | 6 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | 18,851 | 19,459 | 23,547 | 16,199 | 6,892 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,851 | 19,459 | 23,547 | 16,199 | 6,892 |
| Stock & work in progress | 93,422 | 68,504 | 70,417 | 79,282 | 55,124 |
| Trade Debtors | 0 | 0 | 0 | 0 | 10,308 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 33,150 | 69,181 | 4,281 | 32,647 | 0 |
| Cash | 12,785 | 29,687 | 55,485 | 24,115 | 9,552 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 139,357 | 167,372 | 130,183 | 136,044 | 74,984 |
| total assets | 158,208 | 186,831 | 153,730 | 152,243 | 81,876 |
| Bank overdraft | 4,217 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,920 | 43,085 | 13,590 | 44,431 | 86,791 |
| Group/Directors Accounts | 25,000 | 23,000 | 0 | 87,619 | 0 |
| other short term finances | 6,737 | 0 | 1,487 | 0 | 0 |
| hp & lease commitments | 917 | 3,117 | 5,317 | 7,028 | 0 |
| other current liabilities | 6,778 | 11,526 | 5,814 | 18,023 | 0 |
| total current liabilities | 66,569 | 80,728 | 26,208 | 157,101 | 86,791 |
| loans | 91,281 | 91,791 | 112,081 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 91,281 | 91,791 | 112,081 | 0 | 0 |
| total liabilities | 157,850 | 172,519 | 138,289 | 157,101 | 86,791 |
| net assets | 358 | 14,312 | 15,441 | -4,858 | -4,915 |
| total shareholders funds | 358 | 14,312 | 15,441 | -4,858 | -4,915 |
| Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 4,052 | 4,088 | 5,571 | 2,890 | 1,248 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 24,918 | -1,913 | -8,865 | 24,158 | 55,124 |
| Debtors | -36,031 | 64,900 | -28,366 | 22,339 | 10,308 |
| Creditors | -20,165 | 29,495 | -30,841 | -42,360 | 86,791 |
| Accruals and Deferred Income | -4,748 | 5,712 | -12,209 | 18,023 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,000 | 23,000 | -87,619 | 87,619 | 0 |
| Other Short Term Loans | 6,737 | -1,487 | 1,487 | 0 | 0 |
| Long term loans | -510 | -20,290 | 112,081 | 0 | 0 |
| Hire Purchase and Lease Commitments | -2,200 | -2,200 | -1,711 | 7,028 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -16,902 | -25,798 | 31,370 | 14,563 | 9,552 |
| overdraft | 4,217 | 0 | 0 | 0 | 0 |
| change in cash | -21,119 | -25,798 | 31,370 | 14,563 | 9,552 |
tyre city (uk) limited Credit Report and Business Information
Tyre City (uk) Limited Competitor Analysis
Perform a competitor analysis for tyre city (uk) 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 NR2 area or any other competitors across 12 key performance metrics.
tyre city (uk) limited Ownership
TYRE CITY (UK) LIMITED group structure
Tyre City (Uk) Limited has no subsidiary companies.
Ultimate parent company
TYRE CITY (UK) LIMITED
09211681
tyre city (uk) limited directors
Tyre City (Uk) Limited currently has 1 director, Mr Hamza Raja serving since Sep 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hamza Raja | England | 33 years | Sep 2014 | - | Director |
P&L
September 2019turnover
431.1k
-7%
operating profit
-7.6k
0%
gross margin
31%
+1.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
358
-0.97%
total assets
158.2k
-0.15%
cash
12.8k
-0.57%
net assets
Total assets minus all liabilities
Similar Companies
tyre city (uk) limited company details
company number
09211681
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
September 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2019
previous names
N/A
accountant
DKR
auditor
-
address
lawrence house, 5 st andrews hill, norwich, norfolk, NR2 1AD
Bank
-
Legal Advisor
-
tyre city (uk) 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 tyre city (uk) limited.
tyre city (uk) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
