THE TYRE SHOP (SCOTLAND) LIMITED Financials
- Company number
- SC477817CopyCopy
- Registered office
- 2 Orchard Grove, Kilmacolm, Renfrewshire PA13 4HQ
- Incorporated
- 16/05/2014
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
34.60%vs 20232023: £9.59K
Total Assets
13.40%vs 20232023: £19.33K
Cash in Bank
First reported yearTotal Liabilities
-7.50%vs 20232023: £9.74K
Employees
0vs 20232023: 3
In 2024, THE TYRE SHOP (SCOTLAND) LIMITED reported net assets of £12.91K. The same filing shows total assets of £21.92K, cash in bank of £8.07K and total liabilities of £9.01K. Reported headcount was 3 in 2024. Net Assets rose from £9.59K in 2023 to £12.91K in 2024 (34.60%). 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
34.60%from £9.59K in 2023Year-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 THE TYRE SHOP (SCOTLAND) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+38.2%vs 2022+17.6% a year compound (CAGR)
Total Assets
+14.1%vs 2022+6.8% a year compound (CAGR)
Total Liabilities
-8.7%vs 2022-4.5% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+38.2%
£9.34K in 2022 to £12.91K in 2024
Biggest decrease
Total Liabilities-8.7%
£9.87K in 2022 to £9.01K in 2024
THE TYRE SHOP (SCOTLAND) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE TYRE SHOP (SCOTLAND) 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
- 58.91%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
- 41.09%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
- 60.26%2021
- 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
- 35.27%2021
- 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 THE TYRE SHOP (SCOTLAND) 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£ | 9.48K | 9.34K | 9.59K | 12.91K |
| Total Assets£ | 22.87K | 19.21K | 19.33K | 21.92K |
| Cash in Bank£ | 8.07K | – | – | – |
| Total Liabilities£ | 13.38K | 9.87K | 9.74K | 9.01K |
| Employees | 3 | 3 | 3 | 3 |
THE TYRE SHOP (SCOTLAND) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE TYRE SHOP (SCOTLAND) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE TYRE SHOP (SCOTLAND) LIMITED reported net assets of £12.91K for 2024. That compares with £9.59K in 2023, a change of 34.60%.
THE TYRE SHOP (SCOTLAND) LIMITED reported total assets of £21.92K for 2024. That compares with £19.33K in 2023, a change of 13.40%.
THE TYRE SHOP (SCOTLAND) LIMITED reported cash in bank of £8.07K for 2021. There is no earlier filing to compare it against.
THE TYRE SHOP (SCOTLAND) LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, THE TYRE SHOP (SCOTLAND) LIMITED's net assets rose by 38.2%, total assets rose by 14.1%, total liabilities fell by 8.7% and employee numbers was unchanged. Net assets compounded at 17.6% a year across the two years to 2024, from £9.34K to £12.91K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.