Onlinetyres-247 Ltd

Onlinetyres-247 Ltd, based in Burton On Trent, UK, is a small, active company founded just one year ago. With a single employee and £3,310 in assets, it operates as a solo-founded e-commerce site from a virtual address. The company has one director and owner, Irfan Mohammad, and is registered with Companies House. It’s a small company, meeting two of the three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, Trinity Tyres Felixstowe, showcases a full-service tyre retailer. They offer a wide range of tyres—from budget to premium brands—and related services like wheel balancing, alignment, and repairs. The site allows customers to search for tyres by vehicle registration or tyre size, and offers online ordering with fitting appointments. They also provide advice on tyre pressure, labelling, and safe driving practices. The website also offers a range of services, including air conditioning recharge and battery checks.

Financially, Onlinetyres-247 Ltd presents a mixed picture. Current assets are at £3,300, but net assets are a negative £2,600. Bank borrowings are at £5,900, and cash reserves are at a modest £1,300. Creditors are also at £5,900. The company's small size and negative equity suggest it's likely burning through cash, a common occurrence for new e-commerce ventures. There's no auditor mentioned, which is typical for small, exempt companies.

The business seems to be focused on online tyre sales, but the financial data suggests it’s facing challenges in managing its cash flow. Whether the company can sustain its growth and profitability remains to be seen, but its online presence and range of services offer a solid foundation.

Registered in England/Wales under the registration number 14870770, with a registered address at DE14 3BT, England, Burton On Trent, Staffordshire, 222 Branston Road.

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