MR TYRE (MOTOR SPORT) LIMITED Financials
- Company number
- 04370705CopyCopy
- Registered office
- 2 Station Road, Lichfield WS13 6HX
- Incorporated
- 11/02/2002
Company snapshot
- Status
- Active
- Employees
- 0 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £4.00M
Total Assets
2023: £5.64M
Cash in Bank
2023: £71.10K
Total Liabilities
2023: £1.64M
Employees
2023: 6
In 2024, MR TYRE (MOTOR SPORT) LIMITED reported net assets of £4.15M. The same filing shows total assets of £6.14M, cash in bank of £172.37K and total liabilities of £1.98M. Reported headcount was 0 in 2024. Total Assets rose from £5.64M in 2023 to £6.14M in 2024 (8.76%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MR TYRE (MOTOR SPORT) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+2.5% a year compound (CAGR)
Cash in Bank
+3.9% a year compound (CAGR)
Total Assets
+2.6% a year compound (CAGR)
Total Liabilities
+3% a year compound (CAGR)
Employees
Biggest increase
Cash in Bank+7.9%
£159.70K in 2022 to £172.37K in 2024
Biggest decrease
Employees-100%
6 in 2022 to 0 in 2024
MR TYRE (MOTOR SPORT) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MR TYRE (MOTOR SPORT) LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 67.67%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 32.33%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 8.69%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 2.81%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MR TYRE (MOTOR SPORT) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.28M | 3.96M | 4.00M | 4.15M |
| Total Assets£ | 4.30M | 5.83M | 5.64M | 6.14M |
| Cash in Bank£ | 429.05K | 159.70K | 71.10K | 172.37K |
| Total Liabilities£ | 1.02M | 1.87M | 1.64M | 1.98M |
| Employees | 6 | 6 | 6 | 0 |
MR TYRE (MOTOR SPORT) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MR TYRE (MOTOR SPORT) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MR TYRE (MOTOR SPORT) LIMITED reported net assets of £4.15M for 2024. That compares with £4.00M in 2023, a change of 3.83%.
MR TYRE (MOTOR SPORT) LIMITED reported total assets of £6.14M for 2024. That compares with £5.64M in 2023, a change of 8.76%.
MR TYRE (MOTOR SPORT) LIMITED reported cash in bank of £172.37K for 2024. That compares with £71.10K in 2023, a change of 142.41%.
MR TYRE (MOTOR SPORT) LIMITED reported 0 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, MR TYRE (MOTOR SPORT) LIMITED's net assets rose by 5%, cash in bank rose by 7.9%, total assets rose by 5.4% and total liabilities rose by 6.2%. Net assets compounded at 2.5% a year across the two years to 2024, from £3.96M to £4.15M. Reported headcount went from 6 in 2022 to 0 in 2024 (-6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.