Ermine Tyres Limited

Ermine Tyres Ltd, based in Basildon, UK, is a small, active company founded ten years ago in 2015. With three employees and £126,970 in assets, it operates from a virtual address shared by fifty-seven other companies, a bit unusual. The company is led by one director and one owner, and boasts a perfect 5.0 Google rating based on two reviews. It’s a regular importer of rubber and rubber products, with its last import operation recorded in February 2025.

The company’s website is currently under construction, but it does provide contact details and a phone number. It’s clear that Ermine Tyres Ltd is primarily focused on tyre sales and related services, although the site’s simplicity suggests a more traditional, less e-commerce driven approach. The "Website template by Google Sites" note indicates a cost-effective, basic online presence.

Financially, Ermine Tyres Ltd shows a mixed picture. Current assets have increased by 32%, reaching £130,000, while net assets remain steady at £13,000. Bank borrowings have decreased by 30%, and cash reserves have fallen by 29%, sitting at £10,000. Creditors have increased significantly by 72%, reaching £110,000, which could indicate increased purchasing activity or perhaps some payment delays. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the rise in creditors warrants a closer look. With no auditor mentioned, the financial statements are unaudited.

Overall, Ermine Tyres Ltd appears to be a small, established business facing typical challenges for a company its size. While the rise in creditors is a concern, the increase in assets suggests continued activity and a focus on maintaining operations.

Registered in England/Wales under the registration number 09547308, with a registered address at SS14 3WR, England, Basildon, Essex, 4 Chester Court, Chester Hall Lane.

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