Industrial Tyre Network Ltd

Industrial Tyre Network Ltd is a small, active company based in Wolverhampton, UK, founded nine years ago in 2015. With £1,683,998 in assets and a real registered address, it employs five people and is managed by two directors and two owners. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 7 months of import activity recorded, the last in March 2025.

The company’s website highlights a nationwide network offering mobile tyre fitting solutions for national contracts. ITN positions itself as a specialist in industrial fleet management, offering comprehensive solutions delivered by experienced business development managers. The site also promotes Sun Tyre Wheel Systems and encourages potential clients to schedule appointments. The website is a sales-focused platform, lacking e-commerce functionality; it's more of a lead generation tool.

Financially, Industrial Tyre Network Ltd presents a mixed picture. Current assets increased by 35% to £1,700,000, while net assets grew by 25% to £540,000. Cash reserves saw a significant jump of 72% to £82,000, a positive sign. However, trade debtors increased substantially by 76%, potentially indicating delayed payments from customers. Creditors also rose by 44%, suggesting increased short-term liabilities. Property, plant, and equipment increased by 56%, possibly due to investments in equipment for mobile fitting operations. 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 agility, but the increase in debtors warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Industrial Tyre Network Ltd appears to be financially stable with growing assets and cash reserves, but the rise in both debtors and creditors suggests a need for careful financial management. The company’s focus on providing mobile tyre fitting services and its strong network position should help it maintain a competitive edge, although it’s important to monitor its debt levels closely.

Registered in England/Wales under the registration number 09711763, with a registered address at WV10 7NZ, England, Wolverhampton, Unit 4 Manor Road, Slade Health.

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