Company Overview
Tyre Maintenance Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 29 January 1979, so this is a well established company. Tyre Maintenance Limited has been in business for 47 years and 2 months. The accounts status is full and the accounts are next due on Tuesday 30 September 2025.
Registered Address

4 Mount Ephraim Road, Tunbridge Wells, Kent, TN1 1EE
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Companies House Data
Company NameTYRE MAINTENANCE LIMITED
Company Number01412258
Registered Office Address4 Mount Ephraim Road
 TN1 1EE
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date29/01/1979
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategoryFULL
Returns Next Due Date21/08/2016
Returns Last Made Up Date24/07/2015
Previous Company NameChanged Date
TYRE MAINTENANCE (LEEDS) LIMITED02 Sep 2009
Directors & Members
Show Resigned
Matthew Owen - Director
(British, 47 years old, born April 1979)
Appointed 30 September 2020
 Active
Secretaries
Show Resigned
Matthew Owen - Secretary
Appointed 30 September 2020
 Active
Other Company Directorships
Matthew Owen
BANDVULC TYRES LTD
BV ENVIRONMENTAL LIMITED
BV F1RST LIMITED
CONTINENTAL INVESTMENT LIMITED
CONTINENTAL TYRE GROUP LTD.
CONTINENTAL TYRE INVESTMENT UK LIMITED
CONTINENTAL TYRES LIMITED
CONTINENTAL U.K. GROUP HOLDINGS LIMITED
GRANITE INVESTMENTS LTD
KIM HOLDINGS SCOTLAND LIMITED
LIBRA ASSOCIATES (PROPERTIES) LIMITED
R & J STRANG TYRE SERVICES LIMITED
SEMPERIT(U.K.)LIMITED
VANVULC TYRES LIMITED
VIKING TYRES (UK) LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Mar-2016 31-Mar-2015
Balance Sheet
Fixed Assets 1,355,377 1,355,377 1,274,761
Current Assets 6,462,374 6,462,374 5,703,818
Creditors Due Within One Year 5,512,368 5,512,368 5,173,791
Working Cap 950,006 950,006 530,027
Total Assets Less Current Liabilities 2,305,383 2,305,383 1,804,788
Long-term Liabilities 292,055 292,055 164,529
Net Assets 2,013,328 2,013,328 1,640,259
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 2,013,228 2,013,228 1,640,159
Other Reserves 0 0 0
Shareholders Funds 2,013,328 2,013,328 1,640,259
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Mar-2016 31-Mar-2015
Tangible Fixed Assets - - -
Fixed Assets 17.3% 17.3% 18.3%
Stocks Inventory 20.7% 20.7% 21.6%
Debtors 28.2% 28.2% 32.5%
Cash Bank In Hand 10.0% 10.0% 4.7%
Current Assets 82.7% 82.7% 81.7%
Creditors Due Within One Year 70.5% 70.5% 74.1%
Net Current Assets Liabilities 12.2% 12.2% 7.6%
Creditors Due After One Year 3.7% 3.7% 2.4%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 25.8% 25.8% 23.5%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 25.8% 25.8% 23.5%
Shareholder Funds 25.8% 25.8% 23.5%
Capital Employed - - -
Total Assets Less Current Liabilities 29.5% 29.5% 25.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Mar-2016 31-Mar-2015
Liquidity Ratio 1.2 1.2 1.1
Solvency Ratio 1.3 1.3 1.3
Reserves to Assets 0.3 0.3 0.2
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Mar-2016 31-Mar-2015
Assets 7,817,751 7,817,751 6,978,579
Debt 5,804,423 5,804,423 5,338,320
Net Assets/Debt 2,013,328 2,013,328 1,640,259

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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NAPIER HOUSE, 14-16 MOUNT EPHRAIM ROAD, TUNBRIDGE WELLS, KENT,, TN1 1EE
Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a Members' voluntary winding up
Termination of appointment of Tarik Gorgun as a director on 31 December 2024
Register inspection address has been changed to C/O Bandvulc Tyres Ltd Gillard Way, Lee Mill Industrial Estate Ivybridge Devon PL21 9LN
Registered office address changed from C/O Bandvulc Tyres Ltd Gillard Way Lee Mill Industrial Estate Ivybridge Devon PL21 9LN England to 4 Mount Ephraim Road Tunbridge Wells Kent TN1 1EE on 14 August 2024
Declaration of solvency
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 19 July 2024 with no updates
Termination of appointment of Lutz Fricke as a director on 31 May 2023
Confirmation statement made on 19 July 2023 with no updates
Confirmation statement made on 19 July 2022 with no updates
Appointment of Mr Tarik Gorgun as a director on 31 March 2022
Termination of appointment of David Smith as a director on 31 March 2022
Confirmation statement made on 19 July 2021 with no updates
Appointment of Mr Matthew Owen as a secretary on 30 September 2020
Termination of appointment of Mark Ingram as a secretary on 30 September 2020
Appointment of Mr Matthew Owen as a director on 30 September 2020
Termination of appointment of Arthur Gregg as a director on 30 September 2020
Confirmation statement made on 19 July 2020 with no updates
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