Company Overview
Sheen Tyres & Exhausts Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 05 August 1993, so this is a well established company. Sheen Tyres & Exhausts Limited has been in business for 32 years and 8 months. The accounts status is micro entity and the accounts are next due on Tuesday 30 December 2025.
Registered Address

16 Havelock Terrace, London, SW8 4AL
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Companies House Data
Company NameSHEEN TYRES & EXHAUSTS LIMITED
Company Number02842605
Registered Office Address16 Havelock Terrace
 SW8 4AL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/08/1993
Accounting Reference Date Day30
Accounting Reference Date Month3
Accounts Next Due Date30/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date02/09/2016
Returns Last Made Up Date05/08/2015
Directors & Members
Show Resigned
Sanmeet Patwalia - Director
(British, 53 years old, born October 1973)
Appointed 01 August 2000
 Active
Secretaries
Show Resigned
Raminder Patwalia - Secretary
(Indian)
Appointed 05 August 1993
 Active
Other Company Directorships
Sanmeet Patwalia
ADLER PROPERTY VENTURES LTD
KARANP ENTERPRISES LIMITED
LAINDON NORTH PROPERTY LIMITED
ORMISTON GROVE LIMITED
PATWALIA PROPERTIES LIMITED
SAMSON PROPERTY VENTURES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 249,785 249,785 239,239
Current Assets 107,626 107,626 121,105
Creditors Due Within One Year 245,790 245,790 230,622
Working Cap -138,164 -138,164 -109,517
Total Assets Less Current Liabilities 111,621 111,621 129,722
Long-term Liabilities 40,049 40,049 50,049
Net Assets 71,572 71,572 79,673
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 71,572 71,572 79,673
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 69.9% 69.9% 66.4%
Stocks Inventory - - -
Debtors 5.3% 5.3% 3.8%
Cash Bank In Hand 5.9% 5.9% 14.5%
Current Assets 30.1% 30.1% 33.6%
Creditors Due Within One Year 68.8% 68.8% 64.0%
Net Current Assets Liabilities -38.7% -38.7% -30.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 20.0% 20.0% 22.1%
Capital Employed - - -
Total Assets Less Current Liabilities 31.2% 31.2% 36.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.4 0.4 0.5
Solvency Ratio 1.3 1.3 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 357,411 357,411 360,344
Debt 285,839 285,839 280,671
Net Assets/Debt 71,572 71,572 79,673

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. 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 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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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Document Filings
Confirmation statement made on 27 February 2026 with no updates
Termination of appointment of Raminder Singh Patwalia as a director on 24 March 2025
Confirmation statement made on 27 February 2025 with no updates
Withdraw the company strike off application
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 27 February 2024 with updates
Confirmation statement made on 5 August 2023 with no updates
Termination of appointment of Parminder Singh Patwalia as a director on 25 December 2022
Previous accounting period shortened from 31 March 2022 to 30 March 2022
Confirmation statement made on 5 August 2022 with no updates
Confirmation statement made on 5 August 2021 with no updates
Confirmation statement made on 5 August 2020 with no updates
Director's details changed for Mr Sanmeet Singh Patwalia on 12 November 2019
Confirmation statement made on 5 August 2019 with no updates
Confirmation statement made on 5 August 2018 with no updates
Registered office address changed from C/O 3 Brook Business Centre Cowley Mill Road Uxbridge Middlesex UB8 2FX to 16 Havelock Terrace London SW8 4AL on 8 August 2018
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