Company Overview
Tyres On The Drive Ltd is a Dissolved Private Limited Company.
Registered Address

Grant Thornton Uk Llp 4 Hardman Square, Spinningfields, Manchester, M3 3EB
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Companies House Data
Company NameTYRES ON THE DRIVE LTD
Company Number07615202
Registered Office AddressGrant Thornton Uk Llp 4 Hardman Square
 Spinningfields
 M3 3EB
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date27/04/2011
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2018
Accounts Last Made Up Date31/12/2016
Accounts Account CategoryFULL
Returns Next Due Date25/05/2017
Returns Last Made Up Date27/04/2016
Directors & Members
Show Resigned
Richard Clarke - Director
(British, 49 years old, born October 1977)
Appointed 03 December 2012
 Active
Ray Fernandez - Director
(British, 56 years old, born May 1970)
Appointed 22 August 2017
 Active
Robert Gorrie - Director
(British, 67 years old, born April 1959)
Appointed 01 October 2013
 Active
Bruce MacFarlane - Director
(British, 74 years old, born December 1952)
Appointed 25 June 2015
 Active
Martin McCormick - Director
(British, 64 years old, born April 1962)
Appointed 01 June 2018
 Active
Matthew Truman - Director
(British, 47 years old, born May 1979)
Appointed 24 October 2014
 Active
Secretaries
Show Resigned
Martin McCormick - Secretary
Appointed 01 June 2018
 Active
Other Company Directorships
Richard Clarke
ASK INTERACTIVE LIMITED
VICTOR HOLDINGS LIMITED
WEBKEG INTERNET SOLUTIONS LIMITED
Ray Fernandez
ALDERBROOK CARE LIMITED
FIKZR LIMITED
GLINTEG INTERNATIONAL LIMITED
TRAX RETAIL LIMITED
VICTOR HOLDINGS LIMITED
W. WING YIP & BROTHERS TRADING GROUP LIMITED
W. WING YIP (LONDON) LIMITED
W. WING YIP (MANCHESTER) LIMITED
W.WING YIP PLC
Robert Gorrie
CROUCH END FESTIVAL CHORUS
HORNSEY TOWN HALL TRUST
OCADO GROUP PLC
OCADO RETAIL LIMITED
OCADO SOLUTIONS LIMITED
ROBERT GORRIE LIMITED
Bruce MacFarlane
THE EIS ASSOCIATION LIMITED
Martin McCormick
HOME-START FLINTSHIRE
VICTOR HOLDINGS LIMITED
Matthew Truman
A.T. SHOP LIMITED
R N VENTURES LIMITED
SARAH TRUMAN LIMITED
THE BLOGGER PROGRAMME LIMITED
TRUE CAPITAL LTD
TRUE CAPITAL ONE LIMITED
TRUESTART LIMITED
WAVENEY RUSH LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 2,546,000 2,107,000 740,000
Current Assets 2,559,000 4,803,000 4,653,000
Creditors Due Within One Year 7,723,000 2,406,000 911,000
Working Cap -5,164,000 2,397,000 3,742,000
Total Assets Less Current Liabilities -2,618,000 4,504,000 4,482,000
Long-term Liabilities 672,000 749,000 210,000
Net Assets -3,290,000 3,755,000 4,272,000
Share Capital & Reserves
Share Cap 221,000 221,000 221,000
Profit & Loss Reserves -15,254,000 -8,220,000 -3,682,000
Other Reserves 11,743,000 11,754,000 7,733,000
Shareholders Funds -3,290,000 3,755,000 4,272,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 49.9% 30.5% 13.7%
Stocks Inventory 6.2% 4.0% 0.8%
Debtors 0.0% 0.3% 0.2%
Cash Bank In Hand 28.5% 58.2% 83.6%
Current Assets 50.1% 69.5% 86.3%
Creditors Due Within One Year 151.3% 34.8% 16.9%
Net Current Assets Liabilities -101.2% 34.7% 69.4%
Creditors Due After One Year 13.2% 10.8% 3.9%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -64.4% 54.3% 79.2%
Called Up Share Capital 4.3% 3.2% 4.1%
Share Capital Allotted Called Up Paid 4.3% 3.2% 4.1%
Profit Loss Account Reserve -298.8% -119.0% -68.3%
Shareholder Funds -64.4% 54.3% 79.2%
Capital Employed - - -
Total Assets Less Current Liabilities -51.3% 65.2% 83.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2016 31-Dec-2015 31-Dec-2014
Liquidity Ratio 0.3 2.0 5.1
Solvency Ratio 0.6 2.2 4.8
Reserves to Assets -3.0 -1.2 -0.7
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-Dec-2016 31-Dec-2015 31-Dec-2014
Assets 5,105,000 6,910,000 5,393,000
Debt 8,395,000 3,155,000 1,121,000
Net Assets/Debt -3,290,000 3,755,000 4,272,000
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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ILFORD IMAGING UK LIMITED
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AL REALISATIONS LIMITED
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Document Filings
Final Gazette dissolved following liquidation
Notice of move from Administration to Dissolution
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Notice of deemed approval of proposals
Notice of deemed approval of proposals
Statement of affairs with form AM02SOA/AM02SOC
Statement of administrator's proposal
Registered office address changed from Cotton Court Middlewich Road Holmes Chapel Crewe CW4 7ET England to Grant Thornton Uk Llp 4 Hardman Square Spinningfields Manchester M3 3EB on 22 February 2019
Appointment of an administrator
Statement of capital following an allotment of shares on 2 October 2018
Resolutions
Resolutions
Resolutions
Resolutions
Statement of capital following an allotment of shares on 3 September 2018
Statement of capital following an allotment of shares on 18 June 2018
Statement of capital following an allotment of shares on 7 June 2018
Second filing of a statement of capital following an allotment of shares on 28 March 2018
Appointment of Mr Martin Mccormick as a secretary on 1 June 2018
Appointment of Mr Martin Mccormick as a director on 1 June 2018
Termination of appointment of William Newton as a director on 31 May 2018
Termination of appointment of William Newton as a secretary on 31 May 2018
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