TRS TYRES LTD Financials
- Company number
- 02428299CopyCopy
- Registered office
- Whitegate, White Lund Industrial Estate, Morecambe, Lancashire LA3 3BS
- Incorporated
- 02/10/1989
Company snapshot
- Status
- Active
- Employees
- 69 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.44%vs 20232023: £7.67M
Total Assets
-2.20%vs 20232023: £10.39M
Cash in Bank
-1.79%vs 20232023: £4.50M
Total Liabilities
-20.86%vs 20232023: £2.73M
Employees
+12vs 20232023: 57
In 2024, TRS TYRES LTD reported net assets of £8.01M. The same filing shows total assets of £10.17M, cash in bank of £4.42M and total liabilities of £2.16M. Reported headcount was 69 in 2024. Total Liabilities fell from £2.73M in 2023 to £2.16M in 2024 (-20.86%). 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
4.44%from £7.67M 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 TRS TYRES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+15.8%vs 2022+7.6% a year compound (CAGR)
Cash in Bank
+36.2%vs 2022+16.7% a year compound (CAGR)
Total Assets
+18.4%vs 2022+8.8% a year compound (CAGR)
Total Liabilities
+29.3%vs 2022+13.7% a year compound (CAGR)
Employees
+13.1%vs 2022+8Biggest increase
Cash in Bank+36.2%
£3.25M in 2022 to £4.42M in 2024
Every indicator Okredo holds for TRS TYRES LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRS 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
- 78.77%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
- 21.23%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
- 204.99%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
- 43.52%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 TRS TYRES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 6.40M | 6.92M | 7.67M | 8.01M |
| Total Assets£ | 8.82M | 8.59M | 10.39M | 10.17M |
| Cash in Bank£ | 4.36M | 3.25M | 4.50M | 4.42M |
| Total Liabilities£ | 2.42M | 1.67M | 2.73M | 2.16M |
| Employees | 52 | 61 | 57 | 69 |
TRS TYRES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRS TYRES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TRS TYRES LTD reported net assets of £8.01M for 2024. That compares with £7.67M in 2023, a change of 4.44%.
TRS TYRES LTD reported total assets of £10.17M for 2024. That compares with £10.39M in 2023, a change of -2.20%.
TRS TYRES LTD reported cash in bank of £4.42M for 2024. That compares with £4.50M in 2023, a change of -1.79%.
TRS TYRES LTD reported 69 employees in 2024, compared with 57 in 2023.
Between 2022 and 2024, TRS TYRES LTD's net assets rose by 15.8%, cash in bank rose by 36.2%, total assets rose by 18.4% and total liabilities rose by 29.3%. Net assets compounded at 7.6% a year across the two years to 2024, from £6.92M to £8.01M. Reported headcount went from 61 in 2022 to 69 in 2024 (+8).
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.