
Company Number
09320369
Next Accounts
May 2025
Directors
Shareholders
wahidurhman rasolee
Group Structure
View All
Industry
Maintenance and repair of motor vehicles
Registered Address
5 elmdale road, london, N13 4UN
Website
www.dattyres.co.ukPomanda estimates the enterprise value of LONDON TYRE SHOP LTD at £61.5k based on a Turnover of £292.8k and 0.21x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of LONDON TYRE SHOP LTD at £0 based on an EBITDA of £-27.9k and a 3.05x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of LONDON TYRE SHOP LTD at £0 based on Net Assets of £-169.5k and 2.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
London Tyre Shop Ltd is a dissolved company that was located in london, N13 4UN with a Companies House number of 09320369. It operated in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in November 2014, it's largest shareholder was wahidurhman rasolee with a 100% stake. The last turnover for London Tyre Shop Ltd was estimated at £292.8k.
Pomanda's financial health check has awarded London Tyre Shop Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £292.8k, make it smaller than the average company (£424.7k)
- London Tyre Shop Ltd
£424.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8%)
- London Tyre Shop Ltd
8% - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (35.8%)
- London Tyre Shop Ltd
35.8% - Industry AVG
Profitability
an operating margin of -9.5% make it less profitable than the average company (5.8%)
- London Tyre Shop Ltd
5.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - London Tyre Shop Ltd
6 - Industry AVG
Pay Structure
on an average salary of £27.7k, the company has an equivalent pay structure (£27.7k)
- London Tyre Shop Ltd
£27.7k - Industry AVG
Efficiency
resulting in sales per employee of £73.2k, this is less efficient (£100.1k)
- London Tyre Shop Ltd
£100.1k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (35 days)
- London Tyre Shop Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (42 days)
- London Tyre Shop Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- London Tyre Shop Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - London Tyre Shop Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 280.4%, this is a higher level of debt than the average (67.1%)
280.4% - London Tyre Shop Ltd
67.1% - Industry AVG
London Tyre Shop Ltd's latest turnover from November 2023 is estimated at £292.8 thousand and the company has net assets of -£169.5 thousand. According to their latest financial statements, London Tyre Shop Ltd has 4 employees and maintains cash reserves of 0 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 | |
---|---|---|---|---|---|---|---|---|---|
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 | 4 | 4 | 3 | 3 | 5 | 4 | |||
EBITDA* |
* 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 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 186 | 232 | 290 | 362 | 452 | 565 | 706 | 882 | 1,102 |
Intangible Assets | |||||||||
Investments & Other | |||||||||
Debtors (Due After 1 year) | |||||||||
Total Fixed Assets | 186 | 232 | 290 | 362 | 452 | 565 | 706 | 882 | 1,102 |
Stock & work in progress | 55,654 | 49,401 | 39,040 | 32,301 | |||||
Trade Debtors | 93,750 | 150,766 | 122,969 | 75,427 | 61,272 | 25,612 | |||
Group Debtors | |||||||||
Misc Debtors | |||||||||
Cash | 5,581 | 5,605 | 2,786 | 2,734 | |||||
misc current assets | |||||||||
total current assets | 93,750 | 150,766 | 122,969 | 75,427 | 61,272 | 86,847 | 55,006 | 41,826 | 35,035 |
total assets | 93,936 | 150,998 | 123,259 | 75,789 | 61,724 | 87,412 | 55,712 | 42,708 | 36,137 |
Bank overdraft | |||||||||
Bank loan | |||||||||
Trade Creditors | 1,333 | 31,785 | 28,251 | 2,903 | 3,336 | 3,709 | 4,273 | ||
Group/Directors Accounts | |||||||||
other short term finances | |||||||||
hp & lease commitments | |||||||||
other current liabilities | 2,734 | 2,622 | |||||||
total current liabilities | 1,333 | 31,785 | 28,251 | 2,903 | 3,336 | 3,709 | 4,273 | 2,734 | 2,622 |
loans | 77,923 | 49,800 | |||||||
hp & lease commitments | |||||||||
Accruals and Deferred Income | 973 | 553 | 270 | ||||||
other liabilities | 261,084 | 260,221 | 223,753 | 196,998 | 165,499 | 149,829 | 108,581 | ||
provisions | |||||||||
total long term liabilities | 262,057 | 260,774 | 224,023 | 196,998 | 165,499 | 149,829 | 108,581 | 77,923 | 49,800 |
total liabilities | 263,390 | 292,559 | 252,274 | 199,901 | 168,835 | 153,538 | 112,854 | 80,657 | 52,422 |
net assets | -169,454 | -141,561 | -129,015 | -124,112 | -107,111 | -66,126 | -57,142 | -37,949 | -16,285 |
total shareholders funds | -169,454 | -141,561 | -129,015 | -124,112 | -107,111 | -66,126 | -57,142 | -37,949 | -16,285 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 220 | 275 | |||||||
Amortisation | |||||||||
Tax | |||||||||
Stock | -55,654 | 6,253 | 10,361 | 6,739 | 32,301 | ||||
Debtors | -57,016 | 27,797 | 47,542 | 14,155 | 35,660 | 25,612 | |||
Creditors | -30,452 | 3,534 | 25,348 | -433 | -373 | -564 | 4,273 | ||
Accruals and Deferred Income | 420 | 283 | 270 | -2,734 | 112 | 2,622 | |||
Deferred Taxes & Provisions | |||||||||
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | |||||||||
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | |||||||||
Group/Directors Accounts | |||||||||
Other Short Term Loans | |||||||||
Long term loans | -77,923 | 28,123 | 49,800 | ||||||
Hire Purchase and Lease Commitments | |||||||||
other long term liabilities | 863 | 36,468 | 26,755 | 31,499 | 15,670 | 41,248 | 108,581 | ||
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | -5,581 | -24 | 2,819 | 52 | 2,734 | ||||
overdraft | |||||||||
change in cash | -5,581 | -24 | 2,819 | 52 | 2,734 |
Perform a competitor analysis for london tyre shop ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in N13 area or any other competitors across 12 key performance metrics.
LONDON TYRE SHOP LTD group structure
London Tyre Shop Ltd has no subsidiary companies.
Ultimate parent company
LONDON TYRE SHOP LTD
09320369
London Tyre Shop Ltd currently has 1 director, Wahidurhman Rasolee serving since Nov 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Wahidurhman Rasolee | England | 41 years | Nov 2014 | - | Director |
P&L
November 2023turnover
292.8k
-30%
operating profit
-27.9k
0%
gross margin
22.5%
+5.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-169.5k
+0.2%
total assets
93.9k
-0.38%
cash
0
0%
net assets
Total assets minus all liabilities
company number
09320369
Type
Private limited with Share Capital
industry
45200 - Maintenance and repair of motor vehicles
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
5 elmdale road, london, N13 4UN
Bank
-
Legal Advisor
-
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 london tyre shop ltd.
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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