Mr Tyre (motor Sport) Limited

Mr Tyre Motor Sport Ltd from Lichfield UK: a small, active company founded 23 years ago in 2002, employs six people, and holds £5,065,233 in assets. It has a real address, four directors, and two owners, boasting a perfect 5.0 Google rating from eight reviews. The company is an irregular importer, with its top import category being Paper and Paperboard Products, totaling 2 months of imports. The company operates in the retail trade of motor vehicle parts and accessories industries.

While the company’s website isn’t available, it’s likely they operate an online store, selling motor vehicle parts and accessories. Given the import activity, they may also supply local garages or workshops. It’s probable they have a physical presence too, perhaps a small showroom or warehouse.

Financially, Mr Tyre Motor Sport Ltd shows some interesting trends. Current assets decreased by 3.1% to £5,100,000, while net assets remained steady at £4,000,000. Bank borrowings decreased by 12% to £25,000, and cash reserves fell 55% to £71,000. Creditors decreased by 12% to £1,400,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the cash reserve drop could be a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's retained earnings accumulated losses are steady at £4,000,000. The company is holding steady, but facing pressures.

Registered in England/Wales under the registration number 04370705, with a registered address at WS13 6HX, England, Lichfield, 2 Station Road.

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