T.t.s. Truck Tyre Specialists Limited

Tts Truck Tyre Specialists Ltd from Weston-Super-Mare UK: a small, holding company with an active status, was founded 46 years ago in 1978. Employing 47 people, it holds assets totaling £2,785,347. With five directors and two owners, the company maintains a real address and boasts a respectable Google rating of 4.0 based on 18 reviews. Regular importer of rubber and rubber products (37 months imported), it operates in the manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres industries.

The company’s website highlights its services, including tyre inspection, pressure checks, and vulcanisation, all underpinned by state-of-the-art equipment. A blog section showcases recent news, including tenders for a new compressor and announcements about new equipment investments. The website also advertises a wide range of tyres, including a super wide low profile mega cube trailer tyre.

Financially, Tts Truck Tyre Specialists Ltd presents a mixed picture. Property plant and equipment grew by 25%, however, net assets fell 6.7% to £1.5 million. Cash reserves took a hit, decreasing 100% to just £140, while bank borrowings jumped significantly, reaching £370,000. Creditors also increased, rising 17% to £150,000. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited statements. The surge in bank borrowings, combined with the drop in cash, indicates the company may be using debt to finance operations or investments—though the reasons for these changes remain unclear.

Registered in England/Wales under the registration number 01379569, with a registered address at BS23 3UU, England, Weston-Super-Mare, Truck Tyre Specialists Warne Road, Winterstoke Commercial Centre.

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