Metro Tyres Limited

Metro Tyres Ltd, based in Liverpool, UK, is a small, active company established 20 years ago. Employing eight people, it holds £181,924 in assets and operates from a real address on Pete Best Drive. With one director and one owner, the company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 226 reviews. It regularly imports rubber and rubber products, with the latest import operation occurring in July 2024.

The company’s website, Metro Tyres, focuses on selling tyres online. Customers can search for tyres by registration number or size, with a wide selection of brands available, from budget options like Autogrip to premium brands like Michelin. Services include mobile tyre fitting, safety checks, and advice, all geared toward convenience and customer satisfaction. The site also features a blog with helpful guides on tyre maintenance and safety, reinforcing its position as a trusted source of information.

Financially, Metro Tyres Ltd presents a mixed picture. Current assets have fallen by a significant 41%, dropping to £180,000, while net assets have increased by a remarkable 480%, reaching £1.5 million. Bank borrowings have surged by 1300%, climbing to £21,000, and cash reserves have decreased by 51%, falling to £140,000. Creditors have also increased by 6.5%, reaching £210,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in debt and decrease in cash reserves could indicate a need for careful financial management. As a small company, it is exempt from an audit, so the financial data is unaudited.

The company’s success in maintaining a high Google rating suggests strong customer service and quality products, but the financial data reveals a period of transition. Whether Metro Tyres Ltd can continue its growth trajectory while managing its increasing debt remains to be seen.

Registered in England/Wales under the registration number 05424460, with a registered address at L12 1NN, Liverpool, 50 Pete Best Drive.

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