Company Overview
European Tyre Enterprise Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 28 February 2011, so this is a well established company. European Tyre Enterprise Limited has been in business for 15 years and 1 month. The accounts status is full and the accounts are next due on Thursday 31 December 2026.
Registered Address

Etel House, Avenue One, Letchworth Garden City, Hertfordshire, SG6 2HU
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Companies House Data
Company NameEUROPEAN TYRE ENTERPRISE LIMITED
Company Number07545003
Registered Office AddressEtel House
 Avenue One
 SG6 2HU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/02/2011
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryFULL
Returns Next Due Date07/04/2017
Returns Last Made Up Date10/03/2016
Previous Company NameChanged Date
BIDCO TYCHE LIMITED23 Aug 2011
Directors & Members
Show Resigned
Jin Asada - Director
(Japanese, 55 years old, born January 1971)
Appointed 10 June 2022
 Active
Andrew Fern - Director
(British, 49 years old, born May 1977)
Appointed 01 April 2020
 Active
Takeshi Fukuda - Director
(Japanese, 52 years old, born October 1974)
Appointed 01 May 2018
 Active
Daisaku Itami - Director
(Japanese, 55 years old, born June 1971)
Appointed 15 April 2024
 Active
Yutaka Kimbara - Director
(Japanese, 56 years old, born October 1970)
Appointed 30 June 2011
 Active
Hajime Mori - Director
(Japanese, 49 years old, born June 1977)
Appointed 24 May 2024
 Active
Stephen Parker - Director
(British, 58 years old, born May 1968)
Appointed 01 August 2020
 Active
Toki Shimizu - Director
(Japanese, 50 years old, born September 1976)
Appointed 25 September 2025
 Active
Mark Slade - Director
(British, 51 years old, born December 1975)
Appointed 01 April 2013
 Active
Secretaries
Show Resigned
Paul Dempsey - Secretary
Appointed 04 July 2025
 Active
Other Company Directorships
Jin Asada
ITOCHU FIBRE LIMITED
Andrew Fern
STAPLETON'S (TYRE SERVICES) LIMITED
TYRE CALL LIMITED
Takeshi Fukuda
ANGLO-DUTCH PROPERTY (UK) HOLDING LIMITED
DETAILAGENT LIMITED
EBLEY TYRE SERVICES LIMITED
KWIK-FIT (NL) LIMITED
KWIK-FIT 2003 LIMITED
KWIK-FIT EURO LIMITED
KWIK-FIT FINANCE LIMITED
KWIK-FIT GROUP LIMITED
KWIK-FIT HOLDINGS LIMITED
NORTH EASTERN TYRE & EXHAUSTS LIMITED
SPEEDY 1 LIMITED
SUPERDRIVE MOTORING CENTRES LIMITED
TYRE & EXHAUST WORLD LIMITED
Daisaku Itami
I-ENVIRONMENT INVESTMENTS LIMITED
I-ENVIRONMENT INVESTMENTS MIDDLE EAST LIMITED
ITOCHU EUROPE PLC
ITOCHU TREASURY CENTRE EUROPE PLC
Yutaka Kimbara
ITOCHU FIBRE LIMITED
MELBOURNE HOLDINGS (NORTHERN) LIMITED
NORTH EASTERN TYRE & AUTOCARE LIMITED
NORTH EASTERN TYRE & EXHAUSTS LIMITED
STAPLETON'S (TYRE SERVICES) LIMITED
TYRE & AUTOCARE LIMITED
Hajime Mori
No companies found
Stephen Parker
CENTRAL TYRE (COMMERCIAL) LIMITED
HTGSS LIMITED
J B S DEVELOPERS LIMITED
KWIK-FIT (GB) LIMITED
MELBOURNE HOLDINGS (NORTHERN) LIMITED
NORTH EASTERN TYRE & AUTOCARE LIMITED
NORTH EASTERN TYRE & EXHAUSTS LIMITED
SPEEDY 1 LIMITED
STAPLETON'S (TYRE SERVICES) LIMITED
TPAS (UK) LIMITED
TYRE & AUTOCARE LIMITED
TYRE CALL LIMITED
Toki Shimizu
No companies found
Mark Slade
AUTOSPEED TYRES (WESTERN) LIMITED
BUDGET EXHAUSTS & TYRES LIMITED
CENTRAL TYRE (COMMERCIAL) LIMITED
DETAILAGENT LIMITED
EBLEY TYRE AND AUTO CENTRES (SOUTH EAST) LIMITED
EBLEY TYRE SERVICES LIMITED
FETTLE BIKE REPAIR LTD
HUMPHRIES TYRE & EXHAUST CENTRES LIMITED
KWIK FIT (NI) LIMITED
KWIK-FIT (GB) LIMITED
KWIK-FIT (IS) LEASING LIMITED
KWIK-FIT (NL) LIMITED
KWIK-FIT 2003 LIMITED
KWIK-FIT DEVELOPMENTS LIMITED
KWIK-FIT EURO LIMITED
KWIK-FIT FINANCE LIMITED
KWIK-FIT GROUP LIMITED
KWIK-FIT HOLDINGS LIMITED
KWIK-FIT PROPERTIES LIMITED
MELBOURNE HOLDINGS (NORTHERN) LIMITED
NORTH EASTERN TYRE & EXHAUSTS LIMITED
SPEEDY 1 LIMITED
STAPLETON'S (TYRE SERVICES) LIMITED
SUPERDRIVE MOTORING CENTRES LIMITED
TPAS (UK) LIMITED
TYRE & EXHAUST WORLD LIMITED
TYRE SALES (BIRMINGHAM) LIMITED
TYREPLUS.CO.UK LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2015 31-Mar-2014
Balance Sheet
Fixed Assets 860,758,000 860,758,000 858,607,000
Current Assets 83,411,000 83,411,000 63,788,000
Creditors Due Within One Year 576,653,000 576,653,000 562,776,000
Working Cap -493,242,000 -493,242,000 -498,988,000
Total Assets Less Current Liabilities 367,516,000 367,516,000 359,619,000
Long-term Liabilities 64,000 64,000 0
Net Assets 367,452,000 367,452,000 359,619,000
Share Capital & Reserves
Share Cap 325,230,000 325,230,000 325,230,000
Profit & Loss Reserves 16,424,000 16,424,000 8,591,000
Other Reserves 25,798,000 25,798,000 25,798,000
Shareholders Funds 367,452,000 367,452,000 359,619,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2015 31-Mar-2014
Tangible Fixed Assets - - -
Fixed Assets 91.2% 91.2% 93.1%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 0.0% 0.0% 0.0%
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 8.8% 8.8% 6.9%
Creditors Due Within One Year 61.1% 61.1% 61.0%
Net Current Assets Liabilities -52.2% -52.2% -54.1%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 38.9% 38.9% 39.0%
Called Up Share Capital 34.4% 34.4% 35.3%
Share Capital Allotted Called Up Paid 34.4% 34.4% 35.3%
Profit Loss Account Reserve 1.7% 1.7% 0.9%
Shareholder Funds 38.9% 38.9% 39.0%
Capital Employed - - -
Total Assets Less Current Liabilities 38.9% 38.9% 39.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2015 31-Mar-2014
Liquidity Ratio 0.1 0.1 0.1
Solvency Ratio 1.6 1.6 1.6
Reserves to Assets 0.0 0.0 0.0
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2015 31-Mar-2014
Assets 944,169,000 944,169,000 922,395,000
Debt 576,717,000 576,717,000 562,776,000
Net Assets/Debt 367,452,000 367,452,000 359,619,000

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 appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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 appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   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 appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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
Other Business around SG6 2HU
KWIK-FIT HOLDINGS LIMITED
ETEL HOUSE, AVENUE ONE, LETCHWORTH GARDEN CITY, HERTFORDSHIRE, SG6 2HU
KWIK-FIT PROPERTIES LIMITED
ETEL HOUSE, AVENUE ONE, LETCHWORTH GARDEN CITY, HERTFORDSHIRE, SG6 2HU
MELBOURNE HOLDINGS (NORTHERN) LIMITED
Etel House, Avenue One, Letchworth, Hertfordshire, SG6 2HU
EBLEY TYRE SERVICES LIMITED
Etel House, Avenue One, Letchworth Garden City, Hertfordshire, SG6 2HU
CENTRAL TYRE (COMMERCIAL) LIMITED
ETEL HOUSE, AVENUE ONE, LETCHWORTH GARDEN CITY, HERTFORDSHIRE, SG6 2HU
TYRE & EXHAUST WORLD LIMITED
Etel House, Avenue One, Letchworth Garden City, Hertfordshire, SG6 2HU
KWIK-FIT DEVELOPMENTS LIMITED
Etel House, Avenue One, Letchworth Garden City, Hertfordshire, SG6 2HU
ANGLO-DUTCH PROPERTY (UK) HOLDING LIMITED
ETEL HOUSE, AVENUE ONE, LETCHWORTH GARDEN CITY, HERTFORDSHIRE, SG6 2HU
TPAS (UK) LIMITED
ETEL HOUSE, AVENUE ONE, LETCHWORTH GARDEN CITY, HERTFORDSHIRE, SG6 2HU
NORTH EASTERN TYRE & EXHAUSTS LIMITED
ETEL HOUSE, AVENUE ONE, LETCHWORTH, HERTFORDSHIRE, SG6 2HU
Document Filings
Termination of appointment of Taro Ikeba as a director on 31 December 2025
Appointment of Mr Toki Shimizu as a director on 25 September 2025
Termination of appointment of Nizar Bahadurali Pabani as a secretary on 4 July 2025
Appointment of Mr Paul Dempsey as a secretary on 4 July 2025
Confirmation statement made on 1 July 2025 with no updates
Termination of appointment of Mark Lynott as a director on 30 June 2025
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so.
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