Greer's Tyre Services Ltd

Greer S Tyre Services Ltd, based in Magherafelt, UK, is a small, family-run business with an active status. Established thirteen years ago in 2011, it employs thirteen people and holds assets valued at £2,031,837. The company has four directors and two owners, and boasts a strong Google rating of 4.0 based on ten reviews. It's a regular importer of rubber and rubber products, with recent activity recorded as of May 2024.

The business operates as a wholesale supplier of car, van, and SUV tyres throughout Northern Ireland, importing from across the world. It caters to both original equipment brands and more affordable options, supplying retail shops, dealerships, and mechanics via its own fleet of vans, offering same-day ordering. The company’s website highlights its commitment to customer service and encourages potential clients to contact them or login if they are already registered.

Financially, Greer’s Tyre Services Ltd appears to be in a relatively healthy position. Cash reserves have increased significantly, jumping 82% to £410,000. Current assets also saw a 23% increase to £2,000,000. However, prepayments and accrued income decreased by a substantial 74%, falling to £81,000. Creditors increased by 21%, reaching £640,000, and bank borrowings have also risen. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the decrease in prepayments warrants further investigation. The accounts are abridged and unaudited, and no auditor is mentioned. Overall, Greer’s Tyre Services Ltd seems to be holding its own, benefiting from a strong local presence and a focus on customer service.

Registered in Northern Ireland under the registration number NI609784, with a registered address at BT45 5EY, Magherafelt, Bt45 5ey, Unit 2 Station Rd Ind Estate, Station Rd.

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