Tyre-line Original Equipment Limited

Tyre Line Original Equipment Ltd, based in Northamptonshire, UK, is a large company holding a significant position in the automotive parts industry. Established 41 years ago, in 1983, it employs 35 people and boasts assets of £6,164,466, generating an annual revenue of £13,085,976. With four directors and one owner, the company maintains a respectable Google rating of 4.0 based on 37 reviews. It’s an active business, regularly importing and exporting vehicles, parts, and accessories – a total of 191 months of imports and 53 months of exports, with the latest activity in January 2025.

The company's website showcases a broad range of products, from Alcoa wheels to Carlisle tyres and Michelin X Tweel airless tyres, catering to various sectors including aftermarket, ATV, turf, industrial, and automotive. It’s clear they operate as a distributor and supplier, offering both retail and contract assembly services. They even have a dedicated section for news and updates, including collaborations and industry events, like Groundsfest 2024.

Financially, Tyre Line Original Equipment Ltd shows some interesting trends. Accrued liabilities decreased by 24%, while depreciation on leased assets increased significantly – plant machinery up 42% and leased assets up 92%. Bank borrowings decreased by 33%, which is positive, but cash bank on hand plummeted 84%, a concerning drop. Turnover remained stable at £13 million, but net assets increased by 11%, suggesting improved equity. The company’s tax expenses increased by 50%, which could be due to increased profitability or changes in tax regulations. The lack of an auditor is not surprising given its size.

Overall, Tyre Line Original Equipment Ltd appears to be a stable, well-established business. While the drop in cash reserves warrants attention, the company’s strong revenue and asset base, coupled with its diverse product range and active import/export operations, indicate a healthy position in the market. The increase in depreciation on leased assets could suggest investment in new equipment, a sign of ongoing growth, but it’s something to monitor closely.

Registered in England/Wales under the registration number 01720035, with a registered address at NN11 8PB, Northamptonshire, Cedar House, Sopwith Way, Daventry.

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