Guildford Tyre Company Limited

Guildford Tyre Company Ltd, based in Guildford, UK, is a well-established small company with an active status. Founded 48 years ago in 1976, it’s a family-run business employing 44 people and holding assets valued at £909,154. The company has a real address and is overseen by four directors, with Sunderland Charles William Leslie as the sole owner. It boasts a solid 4.0 Google rating from 323 reviews and regularly imports rubber and rubber products, with the latest import activity recorded three months ago.

The company's website reveals a comprehensive range of services, going beyond just tyre sales. Guildford Tyre Company operates five retail car sites, a specialist motorcycle site, and two distribution centres across Surrey and West Sussex. It offers tyre fitting, MOTs, servicing, wheel alignment, and diagnostics, catering to cars, vans, and motorcycles. The website also highlights a commitment to customer satisfaction and a wide selection of tyre brands, from budget options to premium labels. It’s a full-service autocare facility.

Financially, the company shows some concerning trends. Current assets have decreased by 8.5% to £910,000, while net assets have fallen by 6.5% to £1,700,000. Bank borrowings have increased significantly by 31%, reaching £30,000, and cash reserves have declined by 100%, leaving just £100. Creditors have also decreased by 8.3%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash reserves is a worry. There's no auditor mentioned, so the figures are unaudited.

Overall, Guildford Tyre Company Ltd appears to be a well-regarded business with a long history, but the recent financial data suggests it’s facing some challenges. The company’s ability to navigate these pressures will be key to its continued success.

Registered in England/Wales under the registration number 01265969, with a registered address at GU1 1BA, Guildford, Surrey, 13-14 Woodbridge Meadows.

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