WIDEOPEN TYRES & EXHAUSTS LTD Financials
- Company number
- 04459763CopyCopy
- Registered office
- 32a The Garth, Front Street, Winlaton, Blaydon-On-Tyne NE21 6DD
- Incorporated
- 12/06/2002
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
260.10%vs 20232023: £8.23K
Total Assets
21.15%vs 20232023: £112.77K
Total Liabilities
2.33%vs 20232023: £104.53K
Employees
0vs 20232023: 6
In 2024, WIDEOPEN TYRES & EXHAUSTS LTD reported net assets of £29.65K. The same filing shows total assets of £136.62K and total liabilities of £106.97K. Reported headcount was 6 in 2024. Total Assets rose from £112.77K in 2023 to £136.62K in 2024 (21.15%). 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
260.10%from £8.23K 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 WIDEOPEN TYRES & EXHAUSTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+36501%vs 2022+1813% a year compound (CAGR)
Total Assets
+27.1%vs 2022+12.7% a year compound (CAGR)
Total Liabilities
-0.4%vs 2022-0.2% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+36501%
£81.00 in 2022 to £29.65K in 2024
Biggest decrease
Total Liabilities-0.4%
£107.40K in 2022 to £106.97K in 2024
WIDEOPEN TYRES & EXHAUSTS LTD'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 WIDEOPEN TYRES & EXHAUSTS 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
- 21.70%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
- 78.30%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WIDEOPEN TYRES & EXHAUSTS 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£ | 213.00 | 81.00 | 8.23K | 29.65K |
| Total Assets£ | 112.25K | 107.48K | 112.77K | 136.62K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 112.04K | 107.40K | 104.53K | 106.97K |
| Employees | 6 | 6 | 6 | 6 |
WIDEOPEN TYRES & EXHAUSTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WIDEOPEN TYRES & EXHAUSTS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
WIDEOPEN TYRES & EXHAUSTS LTD reported net assets of £29.65K for 2024. That compares with £8.23K in 2023, a change of 260.10%.
WIDEOPEN TYRES & EXHAUSTS LTD reported total assets of £136.62K for 2024. That compares with £112.77K in 2023, a change of 21.15%.
WIDEOPEN TYRES & EXHAUSTS LTD reported total liabilities of £106.97K for 2024. That compares with £104.53K in 2023, a change of 2.33%.
WIDEOPEN TYRES & EXHAUSTS LTD reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, WIDEOPEN TYRES & EXHAUSTS LTD's net assets rose by 36501%, total assets rose by 27.1%, total liabilities fell by 0.4% and employee numbers was unchanged. Net assets compounded at 1813% a year across the two years to 2024, from £81.00 to £29.65K. Reported headcount went from 6 in 2022 to 6 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.