NEXT WHEELS AND TYRES LTD Financials
- Company number
- 12747151CopyCopy
- Registered office
- 231 Bristol Road, Gloucester GL1 5TL
- Incorporated
- 16/07/2020
Company snapshot
- Status
- Active
- Employees
- 18 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
8.19%vs 20242024: £311.57K
Total Assets
16.13%vs 20242024: £1.15M
Cash in Bank
34.34%vs 20242024: £100.57K
Total Liabilities
24.38%vs 20242024: £628.24K
Employees
0vs 20242024: 18
In 2025, NEXT WHEELS AND TYRES LTD reported net assets of £337.07K. The same filing shows total assets of £1.34M, cash in bank of £135.11K and total liabilities of £781.43K. Reported headcount was 18 in 2025. Total Assets rose from £1.15M in 2024 to £1.34M in 2025 (16.13%). Okredo holds filed figures for 2021–2025; 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
8.19%from £311.57K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures NEXT WHEELS AND TYRES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+10.8%vs 2023+5.2% a year compound (CAGR)
Cash in Bank
+7.7%vs 2023+3.8% a year compound (CAGR)
Total Assets
+50.4%vs 2023+22.7% a year compound (CAGR)
Total Liabilities
+61%vs 2023+26.9% a year compound (CAGR)
Employees
+28.6%vs 2023+4Biggest increase
Total Liabilities+61%
£485.26K in 2023 to £781.43K in 2025
Every indicator Okredo holds for NEXT WHEELS AND TYRES LTD rose between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NEXT WHEELS AND TYRES LTD'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
- 25.24%2025
- 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
- 58.51%2025
- 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
- 17.29%2025
- 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
- 10.12%2025
- 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 NEXT WHEELS AND TYRES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 40.90K | 178.40K | 304.32K | 311.57K | 337.07K |
| Total Assets£ | 325.65K | 612.68K | 887.82K | 1.15M | 1.34M |
| Cash in Bank£ | 16.46K | 37.74K | 125.48K | 100.57K | 135.11K |
| Total Liabilities£ | 229.64K | 354.58K | 485.26K | 628.24K | 781.43K |
| Employees | 7 | 12 | 14 | 18 | 18 |
NEXT WHEELS AND TYRES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NEXT WHEELS AND TYRES LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
NEXT WHEELS AND TYRES LTD reported net assets of £337.07K for 2025. That compares with £311.57K in 2024, a change of 8.19%.
NEXT WHEELS AND TYRES LTD reported total assets of £1.34M for 2025. That compares with £1.15M in 2024, a change of 16.13%.
NEXT WHEELS AND TYRES LTD reported cash in bank of £135.11K for 2025. That compares with £100.57K in 2024, a change of 34.34%.
NEXT WHEELS AND TYRES LTD reported 18 employees in 2025, compared with 18 in 2024.
Between 2023 and 2025, NEXT WHEELS AND TYRES LTD's net assets rose by 10.8%, cash in bank rose by 7.7%, total assets rose by 50.4% and total liabilities rose by 61%. Net assets compounded at 5.2% a year across the two years to 2025, from £304.32K to £337.07K. Reported headcount went from 14 in 2023 to 18 in 2025 (+4).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.