Eco Tyres Global Limited

Eco Tyres Global Ltd, based in Southampton, UK, is a small holding company with an active status. Founded ten years ago in 2014, the company employs seven people and holds £541,531 in assets. It operates from a virtual address, a detail that’s worth noting as 542 companies are registered at the same location. The business is managed by two directors and has one owner, although the list of owners changed six years ago and isn’t exhaustive. Google users rate it 4.0 out of 5 based on 608 reviews. The company regularly imports rubber and rubber products, with its last import operation recorded seven months ago in October 2022.

Eco Tyres Global Ltd operates in the retail trade of motor vehicle parts and accessories industries. Its website, ecotyres.co.uk, showcases a wide range of tyres from budget brands like Aplus to premium options like Toyo, catering to diverse vehicle types. The site functions as an e-commerce platform, allowing customers to search for tyres by vehicle registration, size, or brand. It offers mobile tyre fitting services and even provides a search function to find tyres by size. The website also offers a variety of services including MOTs, wheel balancing, and exhaust repairs.

Financially, Eco Tyres Global Ltd’s report reveals a mixed picture. Current assets have decreased by 5.5% to £510,000, while net assets have increased by 4.3% to £140,000. Bank borrowings have decreased by 29% to £44,000. Creditors have decreased by 43% to £19,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. However, a significant increase in trade debtors (6,500%) suggests potential issues with customer payments. The company is exempt from an audit as a small company, so the figures are unaudited.

The company's financial data also indicates a decrease in other creditors, which could be a positive sign of improved financial management. The increase in net assets, despite the decrease in current assets, suggests a shift in the company's asset composition. The company's reliance on a virtual address and the large number of companies registered at the same location raise questions about its operational structure.

Registered in England/Wales under the registration number 09216564, with a registered address at SO14 3TJ, United Kingdom, Southampton, Hampshire, Tagus House, 9 Ocean Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.