Company Overview
Network Tyres Limited is a Dissolved Private Limited Company.
Registered Address

185 Manor Road, Erith, Kent, DA8 2AD
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Companies House Data
Company NameNETWORK TYRES LIMITED
Company Number08637470
Registered Office Address185 Manor Road
 DA8 2AD
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date05/08/2013
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2020
Accounts Last Made Up Date31/08/2018
Returns Next Due Date02/09/2016
Returns Last Made Up Date05/08/2015
Directors & Members
Show Resigned
Robert Evans - Director
(British, 72 years old, born May 1954)
Appointed 05 August 2013
 Active
Secretaries
Evita Evans - Secretary
Appointed 05 August 2013
 Active
Other Company Directorships
Robert Evans
AVANTEE LOGISTICS LIMITED
BLUE ANCHOR VEHICLE LOGISTICS LIMITED
CAMBRIDGE FLEET LIMITED
HEART COMMUNITY SERVICES C.I.C.
HEART RENTAL LIMITED
HEART RENTAL LIMITED
INVERDON LIMITED
LONDON HIRE CONTRACTS LIMITED
LONDON HIRE LIMITED
LONDON HIRE SERVICES LIMITED
LONDON HIRE TEMPERATURE CONTROLLED SERVICES LIMITED
MULTICORE CONSTRUCTION LTD
MULTICORE CONTRACTORS LTD
NETWORK TYRES (WHOLESALE) LIMITED
SWAYLANDS ESTATE MANAGEMENT LIMITED
THE SOUTH EASTERN BODY SHOP LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Aug-2018 31-Aug-2017 31-Aug-2016
Balance Sheet
Fixed Assets 1,000 21,664 41,305
Current Assets 39 135,922 102,496
Creditors Due Within One Year 404,639 364,830 261,626
Working Cap -404,600 -228,908 -142,668
Total Assets Less Current Liabilities -403,600 -207,244 -117,825
Long-term Liabilities 0 6,049 1,323
Net Assets -403,600 -213,293 -119,148
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -403,600 -213,293 -119,148
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2018 31-Aug-2017 31-Aug-2016
Tangible Fixed Assets - - -
Fixed Assets 96.2% 13.7% 28.7%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 3.8% 86.3% 71.3%
Creditors Due Within One Year 38945.0% 231.5% 181.9%
Net Current Assets Liabilities -38941.3% -145.3% -99.2%
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 -38845.0% -135.4% -82.9%
Capital Employed - - -
Total Assets Less Current Liabilities -38845.0% -131.5% -81.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2018 31-Aug-2017 31-Aug-2016
Liquidity Ratio 0.0 0.4 0.4
Solvency Ratio 0.0 0.4 0.5
Reserves to Assets - - -
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-Aug-2018 31-Aug-2017 31-Aug-2016
Assets 1,039 157,586 143,801
Debt 404,639 370,879 262,949
Net Assets/Debt -403,600 -213,293 -119,148
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
Final Gazette dissolved via voluntary strike-off
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Cessation of Nigel Colin Farr as a person with significant control on 9 May 2019
Confirmation statement made on 5 August 2019 with no updates
Termination of appointment of Nigel Colin Farr as a director on 9 May 2019
Confirmation statement made on 5 August 2018 with no updates
Registered office address changed from Burts Wharf Crabtree Manor Way North Belvedere Kent DA17 6LJ to 185 Manor Road Erith Kent DA8 2AD on 19 September 2018
Confirmation statement made on 5 August 2017 with updates
Termination of appointment of Jason Colin Harding as a director on 7 July 2016
Miscellaneous
Confirmation statement made on 5 August 2016 with updates
Director's details changed for Mr Nigel Colin Farr on 5 August 2013
Annual return made up to 5 August 2015 with full list of shareholders
Annual return made up to 5 August 2014 with full list of shareholders
Register(s) moved to registered inspection location 31 Dugdale Hill Lane Potters Bar Herts EN6 2DP
Appointment of Mr Jason Colin Harding as a director
Register inspection address has been changed
Statement of capital following an allotment of shares on 9 August 2013
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