Prestige Tyres Limited

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prestige tyres limited Company Information

Live

Mature

Company Number

SC253386

Next Accounts

Sep 2025

Industry

Dormant Company

Non-specialised wholesale trade

Directors

Will Goring

Graham Mitchell

Shareholders

micheldever tyre services ltd

Group Structure

View All

Contact

Registered Address

1st floor 1 atlantic quay, 1 robertson street, glasgow, G2 8JB

Website

www.prestigetyres.co.uk

prestige tyres limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRESTIGE TYRES LIMITED at £0 based on a Turnover of £0 and 0.16x industry multiple (adjusted for size and gross margin).

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Prestige Tyres Limited is a live company located in glasgow, G2 8JB with a Companies House number of SC253386. It operates in the dormant company sector, SIC Code 99999. Founded in July 2003, it's largest shareholder is micheldever tyre services ltd with a 100% stake. Prestige Tyres Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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There is insufficient data available to calculate a health check for Prestige Tyres Limited. Company Health Check FAQs

Health Rating0out of 5

0 Strong

0 Regular

1 Weak

Size

There is insufficient data available for this Key Performance Indicator!

Growth

There is insufficient data available for this Key Performance Indicator!

EXPORT

Prestige Tyres Limited's latest turnover from December 2023 is 0 and the company has net assets of 0. According to their latest financial statements, we estimate that Prestige Tyres Limited has 1 employee 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	Jun 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	0	0	0	0	0	649,980	792,932	832,966	296,947	306,795	324,859	394,678	522,788	450,058	420,237	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	0	0	0	0	0	540,200	656,705	678,353	243,603	253,223	268,938	328,759	434,854	376,739	352,311	0
Gross Profit	0	0	0	0	0	109,780	136,228	154,613	53,344	53,571	55,922	65,919	87,933	73,319	67,927	0
Admin Expenses	0	0	0	0	0	150,123	141,456	162,152	58,335	60,913	97,652	48,937	47,999	42,980	67,775	-201,148
Operating Profit	0	0	0	0	0	-40,343	-5,228	-7,539	-4,991	-7,342	-41,730	16,982	39,934	30,339	152	201,148
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	113	239	361	319	339	255	284	273	116
Pre-Tax Profit	0	0	0	0	0	-40,343	-5,228	-7,426	-4,753	-6,981	-41,411	17,321	40,189	30,623	425	201,264
Tax	0	0	0	0	0	0	0	0	0	0	0	-3,984	-9,645	-7,962	-119	-56,354
Profit After Tax	0	0	0	0	0	-40,343	-5,228	-7,426	-4,753	-6,981	-41,411	13,337	30,544	22,661	306	144,910
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	0	0	0	0	0	-40,343	-5,228	-7,426	-4,753	-6,981	-41,411	13,337	30,544	22,661	306	144,910
Employee Costs	0	0	0	0	0	213,247	205,266	231,257	32,397	31,967	31,483	30,995	61,581	61,366	59,760	0
Number Of Employees	1	1	1	1	1	6	6	7	1	1	1	1	2	2	2	0
EBITDA*	0	0	0	0	0	-40,343	-5,228	-7,539	696	-914	-32,257	29,284	53,839	45,659	14,476	216,387

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Jun 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	0	0	0	0	0	0	29,316	36,557	17,065	19,280	28,412	36,903	54,214	45,962	42,961	45,709
Intangible Assets	0	0	0	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	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	0	0	0	0	0	29,316	36,557	17,065	19,280	28,412	36,903	54,214	45,962	42,961	45,709
Stock & work in progress	0	0	0	0	0	0	0	0	113,433	122,500	150,430	169,883	185,712	166,224	96,954	101,685
Trade Debtors	0	0	2,100	2,100	2,100	161,190	216,330	221,313	49,151	44,861	52,748	61,288	89,344	73,113	82,358	100,705
Group Debtors	0	0	0	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	7,027	17,541	0
Cash	0	0	0	0	0	0	0	0	90,060	100,741	43,519	84,093	51,307	50,867	62,746	46,385
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	0	0	2,100	2,100	2,100	161,190	216,330	221,313	252,644	268,102	246,697	315,264	326,363	297,231	259,599	248,775
total assets	0	0	2,100	2,100	2,100	161,190	245,646	257,870	269,709	287,382	275,109	352,167	380,577	343,193	302,560	294,484
Bank overdraft	0	0	0	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	0	0	0
Trade Creditors	0	0	0	0	0	55,574	99,687	97,553	105,609	118,180	97,800	131,947	170,954	165,191	140,230	137,059
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	7,027	5,325
other short term finances	0	0	0	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	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	0	0	0	0	0	55,574	99,687	97,553	105,609	118,180	97,800	131,947	170,954	165,191	147,257	142,384
loans	0	0	0	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	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	9,130	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	3,387	3,736	4,862	6,362	9,102	8,025	7,987	5,090
total long term liabilities	0	0	0	0	0	0	0	9,130	3,387	3,736	4,862	6,362	9,102	8,025	7,987	5,090
total liabilities	0	0	0	0	0	55,574	99,687	106,683	108,996	121,916	102,662	138,309	180,056	173,216	155,244	147,474
net assets	0	0	2,100	2,100	2,100	105,616	145,959	151,187	160,713	165,466	172,447	213,858	200,521	169,977	147,316	147,010
total shareholders funds	2,100	2,100	2,100	2,100	2,100	105,616	145,959	151,187	160,713	165,466	172,447	213,858	200,521	169,977	147,316	147,010

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Jun 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	0	0	0	0	0	-40,343	-5,228	-7,539	-4,991	-7,342	-41,730	16,982	39,934	30,339	152	201,148
Depreciation	0	0	0	0	0	0	0	0	5,687	6,428	9,473	12,302	13,905	15,320	14,324	15,239
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	0	0	0	0	0	0	0	0	-3,984	-9,645	-7,962	-119	-56,354
Stock	0	0	0	0	0	0	0	-113,433	-9,067	-27,930	-19,453	-15,829	19,488	69,270	-4,731	101,685
Debtors	0	-2,100	0	0	-214,230	-55,140	-4,983	172,162	4,290	-7,887	-8,540	-28,056	9,204	-19,759	-806	100,705
Creditors	0	0	0	0	-99,687	-44,113	2,134	-8,056	-12,571	20,380	-34,147	-39,007	5,763	24,961	3,171	137,059
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	-3,387	-349	-1,126	-1,500	-2,740	1,077	38	2,897	5,090
Cash flow from operations	0	2,100	0	0	114,543	-29,316	1,889	-77,711	-7,447	54,157	-39,911	27,438	22,342	13,185	25,962	99,792
Investing Activities
capital expenditure	0	0	0	0	29,316	29,316	7,241	-19,492	-3,472	2,704	-982	5,009	-22,157	-18,321	-11,576	-60,948
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	29,316	29,316	7,241	-19,492	-3,472	2,704	-982	5,009	-22,157	-18,321	-11,576	-60,948
Financing Activities
Bank loans	0	0	0	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	0	0	0	0	-7,027	1,702	5,325
Other Short Term Loans	0	0	0	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	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	-9,130	9,130	0	0	0	0	0	0	0	0
share issue	0	0	0	0	-143,859	0	0	-2,100	0	0	0	0	0	0	0	2,100
interest	0	0	0	0	0	0	0	113	239	361	319	339	255	284	273	116
cash flow from financing	0	0	0	0	-143,859	0	-9,130	7,143	239	361	319	339	255	-6,743	1,975	7,541
cash and cash equivalents
cash	0	0	0	0	0	0	0	-90,060	-10,681	57,222	-40,574	32,786	440	-11,879	16,361	46,385
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-90,060	-10,681	57,222	-40,574	32,786	440	-11,879	16,361	46,385

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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PRESTIGE TYRES LIMITED group structure

Prestige Tyres Limited has no subsidiary companies.

Ultimate parent company

SUMITOMO RUBBER INDUSTRIES LTD

#0057287

MICHELDEVER TYRE SERVICES LIMITED

01817398

2 parents

PRESTIGE TYRES LIMITED

SC253386

PRESTIGE TYRES LIMITED Shareholders

micheldever tyre services ltd

100%

Prestige Tyres Limited currently has 2 directors. The longest serving directors include Mr Will Goring (May 2020) and Mr Graham Mitchell (Oct 2024).

officer	country	age	start	end	role
Mr Will Goring		41 years	May 2020	-	Director
Mr Graham Mitchell		47 years	Oct 2024	-	Director

P&L

December 2023

turnover

operating profit

gross margin

turnover

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

Balance Sheet

December 2023

net assets

total assets

cash

net assets

Total assets minus all liabilities

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company number

SC253386

Type

Private limited with Share Capital

industry

99999 - Dormant Company

46900 - Non-specialised wholesale trade

incorporation date

July 2003

ultimate parent company

SUMITOMO RUBBER INDUSTRIES LTD

previous names

N/A

address

1st floor 1 atlantic quay, 1 robertson street, glasgow, G2 8JB

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 found 1 charges/mortgages relating to prestige tyres limited. Currently there are 0 open charges and 1 have been satisfied in the past.

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prestige tyres limited Company Information

prestige tyres limited Estimated Valuation

prestige tyres limited Estimated Valuation

prestige tyres limited Estimated Valuation

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PRESTIGE TYRES LIMITED financials

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