Tyres Life Uk Ltd

Tyres Life Uk Ltd is a small, active company based in London, UK, founded seven years ago in 2018. Employing twenty-one people and holding assets valued at £4,610,776, it operates from a virtual address – a detail worth noting as 290 companies are registered at the same location. The business is led by one director and has two owners, although it's important to remember that this list may not be exhaustive.

The company's core operations involve importing rubber and rubber products (for seven months, with the last import in January 2025) and exporting wood and wood products (for three months, with the last export in June 2024). It operates within the "other service activities n.e.c." industries. Tyres Life UK is the exclusive distributor of Lassa, Tomket, and Waterfall tyres in the UK, and also partners with top-tier brands like Pirelli, Continental, Goodyear, and Michelin. The company’s website highlights its position as a wholesale tyre supplier and emphasizes its commitment to exceptional customer service and a vast inventory. It boasts same-day or next-day delivery through a network of key dealers across the UK.

Financially, Tyres Life Uk Ltd presents a mixed picture. While current assets decreased by 7.6% to £4,900,000, bank borrowings have surged by a staggering 2,300%, reaching £820,000. Cash reserves, however, have only slightly declined by 1.9% to £220,000. Creditors increased by 33% to £7,300,000. The company’s equity has also seen a dramatic decline, dropping 1300% to -£2,500,000. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the significant equity drop warrants closer attention. As a small company, it’s likely exempt from a full audit, so these figures are unaudited. The increase in bank borrowings could be a sign of growth or perhaps a need to manage cash flow, but the declining equity is a concerning trend.

Registered in England/Wales under the registration number 11243309, with a registered address at SE11 5QU, United Kingdom, London, 239-241 Kennington Lane.

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