Company Overview
Kmc Tyres Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Wednesday 29 January 2014, so this is a well established company. Kmc Tyres Limited has been in business for 12 years and 2 months. The accounts status is unaudited abridged and the accounts are next due on Monday 30 September 2024.
Registered Address

C/O Mccambridge Duffy Llp, 101 Spencer Road, Derry, BT47 6AE
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Companies House Data
Company NameKMC TYRES LIMITED
Company NumberNI622546
Registered Office AddressC/O Mccambridge Duffy Llp
 101 Spencer Road
 BT47 6AE
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date29/01/2014
Accounting Reference Date Day30
Accounting Reference Date Month12
Accounts Next Due Date30/09/2024
Accounts Last Made Up Date31/12/2022
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date26/02/2017
Returns Last Made Up Date29/01/2016
Directors & Members
Show Resigned
Kevin McCool - Director
(Northern Irish, 43 years old, born January 1983)
Appointed 01 December 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Kevin McCool
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 44,952 44,952 46,458
Current Assets 287,303 287,303 182,946
Creditors Due Within One Year 246,160 246,160 132,906
Working Cap 41,143 41,143 50,040
Total Assets Less Current Liabilities 86,095 86,095 96,498
Long-term Liabilities 50,380 50,380 64,906
Net Assets 35,715 35,715 31,592
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 35,715 35,715 31,592
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 13.5% 13.5% 20.3%
Stocks Inventory - - -
Debtors 44.0% 44.0% 55.4%
Cash Bank In Hand 2.7% 2.7% 2.4%
Current Assets 86.5% 86.5% 79.7%
Creditors Due Within One Year 74.1% 74.1% 57.9%
Net Current Assets Liabilities 12.4% 12.4% 21.8%
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 10.7% 10.7% 13.8%
Capital Employed - - -
Total Assets Less Current Liabilities 25.9% 25.9% 42.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Liquidity Ratio 1.2 1.2 1.4
Solvency Ratio 1.1 1.1 1.2
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-Dec-2022 31-Dec-2021 31-Dec-2020
Assets 332,255 332,255 229,404
Debt 296,540 296,540 197,812
Net Assets/Debt 35,715 35,715 31,592

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 balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. 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 balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. 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 balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. 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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Document Filings
Statement of receipts and payments to 4 March 2026
Statement of receipts and payments to 4 March 2025
Statement of affairs
Appointment of a liquidator
Resolutions
Registered office address changed from 17 Springtown Road Londonderry BT48 0LY Northern Ireland to C/O Mccambridge Duffy Llp 101 Spencer Road Derry BT47 6AE on 5 March 2024
Confirmation statement made on 29 January 2024 with no updates
Previous accounting period shortened from 31 December 2022 to 30 December 2022
Confirmation statement made on 29 January 2023 with no updates
Confirmation statement made on 29 January 2022 with no updates
Confirmation statement made on 29 January 2021 with no updates
Confirmation statement made on 29 January 2020 with no updates
Confirmation statement made on 29 January 2019 with no updates
Confirmation statement made on 29 January 2018 with no updates
Previous accounting period shortened from 31 January 2017 to 31 December 2016
Confirmation statement made on 29 January 2017 with updates
Registered office address changed from 35 Papworth Avenue Culmore Road Londonderry BT48 8PT to 17 Springtown Road Londonderry BT48 0LY on 9 February 2017
Termination of appointment of Anne Mccool as a director on 2 December 2016
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