premier tyres (lds) ltd
premier tyres (lds) ltd Company Information
Company Number
10894881
Next Accounts
May 2025
Industry
Retail trade of motor vehicle parts and accessories
Directors
Shareholders
sajid wahid
Group Structure
View All
Contact
Registered Address
3 sunshine mills wortley road, leeds, LS12 3HT
Website
-premier tyres (lds) ltd Estimated Valuation
Pomanda estimates the enterprise value of PREMIER TYRES (LDS) LTD at £3.4k based on a Turnover of £12.7k and 0.27x industry multiple (adjusted for size and gross margin).
premier tyres (lds) ltd Estimated Valuation
Pomanda estimates the enterprise value of PREMIER TYRES (LDS) LTD at £0 based on an EBITDA of £-7.1k and a 3.53x industry multiple (adjusted for size and gross margin).
premier tyres (lds) ltd Estimated Valuation
Pomanda estimates the enterprise value of PREMIER TYRES (LDS) LTD at £0 based on Net Assets of £-4.7k and 2.92x industry multiple (adjusted for liquidity).
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Premier Tyres (lds) Ltd Overview
Premier Tyres (lds) Ltd is a live company located in leeds, LS12 3HT with a Companies House number of 10894881. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in August 2017, it's largest shareholder is sajid wahid with a 100% stake. Premier Tyres (lds) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £12.7k with high growth in recent years.
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Premier Tyres (lds) Ltd Health Check
Pomanda's financial health check has awarded Premier Tyres (Lds) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £12.7k, make it smaller than the average company (£2m)
- Premier Tyres (lds) Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.9%)
- Premier Tyres (lds) Ltd
6.9% - Industry AVG
Production
with a gross margin of 29%, this company has a comparable cost of product (29%)
- Premier Tyres (lds) Ltd
29% - Industry AVG
Profitability
an operating margin of -55.4% make it less profitable than the average company (4.5%)
- Premier Tyres (lds) Ltd
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Premier Tyres (lds) Ltd
17 - Industry AVG
Pay Structure
on an average salary of £29.3k, the company has an equivalent pay structure (£29.3k)
- Premier Tyres (lds) Ltd
£29.3k - Industry AVG
Efficiency
resulting in sales per employee of £12.7k, this is less efficient (£177.7k)
- Premier Tyres (lds) Ltd
£177.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Premier Tyres (lds) Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (46 days)
- Premier Tyres (lds) Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 81 days, this is more than average (63 days)
- Premier Tyres (lds) Ltd
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (16 weeks)
62 weeks - Premier Tyres (lds) Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.5%, this is a higher level of debt than the average (65.8%)
145.5% - Premier Tyres (lds) Ltd
65.8% - Industry AVG
PREMIER TYRES (LDS) LTD financials
Premier Tyres (Lds) Ltd's latest turnover from August 2023 is estimated at £12.7 thousand and the company has net assets of -£4.7 thousand. According to their latest financial statements, we estimate that Premier Tyres (Lds) Ltd has 1 employee and maintains cash reserves of £8.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 2,012 | 1,800 | 1,700 | 1,797 | 547 | 340 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 8,963 | 1,813 | 113 |
| Cash | 8,380 | 14,876 | 12,000 | 13,026 | 1,289 | 222 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,392 | 16,676 | 13,700 | 23,786 | 3,649 | 675 |
| total assets | 10,392 | 16,676 | 13,700 | 23,786 | 3,649 | 675 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,974 | 2,000 | 15,695 | 1,692 | 2,573 | 1,333 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,972 | 12,500 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,946 | 14,500 | 15,695 | 1,692 | 2,573 | 1,333 |
| loans | 8,171 | 0 | 0 | 20,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,171 | 0 | 0 | 20,000 | 0 | 0 |
| total liabilities | 15,117 | 14,500 | 15,695 | 21,692 | 2,573 | 1,333 |
| net assets | -4,725 | 2,176 | -1,995 | 2,094 | 1,076 | -658 |
| total shareholders funds | -4,725 | 2,176 | -1,995 | 2,094 | 1,076 | -658 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 212 | 100 | -97 | 1,250 | 207 | 340 |
| Debtors | 0 | 0 | -8,963 | 7,150 | 1,700 | 113 |
| Creditors | 974 | -13,695 | 14,003 | -881 | 1,240 | 1,333 |
| Accruals and Deferred Income | -8,528 | 12,500 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 8,171 | 0 | -20,000 | 20,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -6,496 | 2,876 | -1,026 | 11,737 | 1,067 | 222 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,496 | 2,876 | -1,026 | 11,737 | 1,067 | 222 |
premier tyres (lds) ltd Credit Report and Business Information
Premier Tyres (lds) Ltd Competitor Analysis
Perform a competitor analysis for premier tyres (lds) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LS12 area or any other competitors across 12 key performance metrics.
premier tyres (lds) ltd Ownership
PREMIER TYRES (LDS) LTD group structure
Premier Tyres (Lds) Ltd has no subsidiary companies.
Ultimate parent company
PREMIER TYRES (LDS) LTD
10894881
premier tyres (lds) ltd directors
Premier Tyres (Lds) Ltd currently has 1 director, Mr Sajid Wahid serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sajid Wahid | United Kingdom | 51 years | Aug 2017 | - | Director |
P&L
August 2023turnover
12.7k
+55%
operating profit
-7.1k
0%
gross margin
29%
-10.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-4.7k
-3.17%
total assets
10.4k
-0.38%
cash
8.4k
-0.44%
net assets
Total assets minus all liabilities
premier tyres (lds) ltd company details
company number
10894881
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
incorporation date
August 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
3 sunshine mills wortley road, leeds, LS12 3HT
Bank
-
Legal Advisor
-
premier tyres (lds) ltd 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 premier tyres (lds) ltd.
premier tyres (lds) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
