County Tyre (Holdings) Limited(The)
Registered name: COUNTY TYRE (HOLDINGS) LIMITED(THE)
Part of Malvern Tyres Holdings Limited groupCounty Tyre (Holdings) Limited(The) made £41.2m revenue and a £1.1m loss in the year to 30 Nov 2024.
County Tyre (Holdings) Limited(The)’s revenue fell 4% to £41.2m in the year to 30 Nov 2024, with a loss of £1.1m and 222 employees. The company is classified under “wholesale trade of motor vehicle parts and accessories” and is based in Gloucester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Gloucester, South West
- Age
- 65 yrs · since 1961
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Tyre Group Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £42.5m | £42.8m | £41.2m |
| Cost of sales | £31.6m | £31.4m | £31.9m |
| Gross profit | £10.9m | £11.5m | — |
| Operating profit | £1m | £841k | −£2.2m |
| Profit before tax | £805k | £404k | −£2.5m |
| Profit after tax | £703k | £300k | −£1.1m |
| Profit (best available) | £703k | £300k | −£1.1m |
| Staff costs | £6.5m | £7m | £7m |
| Employees (average) | 223 | 234 | 222 |
| Ratios | |||
| Profit margin | 1.7% | 0.7% | −2.5% |
| Gross margin | 25.6% | 26.8% | — |
| Revenue per employee | £190k | £183k | £186k |
| Profit per employee | £3.2k | £1.3k | −£4.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.9% | ▼3.8% |
| Profit growth | — | ▼57.3% | ▼451.1% |
| Headcount growth | — | ▲4.9% | ▼5.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £757k | £29.7k | £3.4k |
| Net assets | £6.2m | £6.5m | £4.4m |
| Fixed assets | £10.1m | £10.1m | £3.8m |
| Current assets | £21.4m | £22.2m | £25.4m |
| Debtors | £5.9m | £6.5m | £5.5m |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −2.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £186k
- Revenue ÷ average employees.
- Profit per employee
- −£4.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼33%
- Now £4.4m
- Cash at bank
- ▼89%
- Now £3.4k
- Headcount
- ▼5%
- Now 222
- Deferred income
- —
- Now —
- Fixed assets
- ▼63%
- Now £3.8m
Group structure
Ownership chain
- Malvern Tyres Holdings Limitedultimate parent75–100%
- The Tyre Group Holdings Limited75–100%
- County Tyre (Holdings) Limited(The)this company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- B.i.t.s. LimitedFigures not disclosed
- County Otr LimitedFigures not disclosed
- County Tyres LimitedFigures not disclosed
- Europa Tyres LimitedFigures not disclosed
- Mohawk Tyres (U.K.) LimitedFigures not disclosed
Sister companies (5)
- Malvern Tyres (Wholesale) LimitedRev. £27.6m · Profit £162k
- The Tyre Store LimitedRev. £19.6m · Profit £2.2m
- King David Tyres LimitedRev. £17.6m · Profit £439k
- HC 1113 LimitedFigures not disclosed
- Value Tyres.co.uk LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Revenue
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- Profit
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- Group Tyre Wholesale LimitedAylesbury · Wholesale trade of motor vehicle parts and accessories
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- The Tibbetts Group LimitedBanbury · Wholesale trade of motor vehicle parts and accessories
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit −£1.1m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.