MR. Tyre Limited
Registered name: MR. TYRE LIMITED
Part of M.T. Developments Limited groupMR. Tyre Limited made £25.7m revenue and £1.8m profit in the year to 31 Dec 2025.
MR. Tyre Limited’s revenue grew 2% to £25.7m in the year to 31 Dec 2025, with £1.8m profit and 222 employees. The company is classified under “retail trade of motor vehicle parts and accessories” and is based in Lichfield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lichfield, West Midlands
- Age
- 35 yrs · since 1991
- Type
- Private Limited Company
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £20.8m | £23.8m | £25.2m | £25.7m |
| Cost of sales | £10.2m | £11.2m | £11.7m | £10.8m |
| Gross profit | £10.6m | £12.5m | £13.5m | £14.9m |
| Operating profit | £1.4m | £2.1m | £2.3m | £2.4m |
| Profit before tax | £1.2m | £2m | £2.2m | £2.4m |
| Profit after tax | £971k | £1.5m | £1.6m | £1.8m |
| Profit (best available) | £971k | £1.5m | £1.6m | £1.8m |
| Staff costs | £6.3m | £7.1m | £7.9m | £8.7m |
| Employees (average) | 201 | 207 | 218 | 222 |
| Ratios | ||||
| Profit margin | 4.7% | 6.3% | 6.4% | 6.9% |
| Gross margin | 50.8% | 52.8% | 53.4% | 57.9% |
| Revenue per employee | £103k | £115k | £116k | £116k |
| Profit per employee | £4.8k | £7.3k | £7.4k | £7.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲14.2% | ▲6.1% | ▲2.1% |
| Profit growth | — | ▲54.7% | ▲7.8% | ▲9% |
| Headcount growth | — | ▲3% | ▲5.3% | ▲1.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £732k | £718k | £588k | £14.9k |
| Net assets | £7.9m | £7.9m | £7.6m | £7.4m |
| Fixed assets | £3.5m | £2.2m | £2.2m | £2.5m |
| Current assets | £13.1m | £14.2m | £13.4m | £12.8m |
| Debtors | £147k | £131k | £78.3k | £95k |
| Deferred income | £309k | £337k | £404k | £314k |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 6.9%
- Profit ÷ revenue.
- Gross margin
- 57.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £116k
- Revenue ÷ average employees.
- Profit per employee
- £7.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- 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
- ▼4%
- Now £7.4m
- Cash at bank
- ▼97%
- Now £14.9k
- Headcount
- ▲2%
- Now 222
- Deferred income
- ▼22%
- Now £314k
- Fixed assets
- ▲18%
- Now £2.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- M.T. Developments Limitedultimate parent75–100%
- MR. Tyre Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- N.e. Truck Spares LimitedHoughton Le Spring · Retail trade of motor vehicle parts and accessories
- Revenue
- £24.8m
- Profit
- £424k
- Staff
- 88
- Autoparts & Diagnostics LimitedTewkesbury · Retail trade of motor vehicle parts and accessories
- Revenue
- £24.8m
- Profit
- £1.6m
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- The Tyre Store LimitedGloucester · Retail trade of motor vehicle parts and accessories
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- £19.6m
- Profit
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- Trailer Resources LimitedHemel Hempstead · Retail trade of motor vehicle parts and accessories
- Revenue
- £18.1m
- Profit
- £967k
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- Cooper Bros Ltd.Wishaw · Retail trade of motor vehicle parts and accessories
- Revenue
- £18.1m
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- £265k
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- Kerr's Tyres LimitedAntrim · Retail trade of motor vehicle parts and accessories
- Revenue
- £17.9m
- Profit
- £675k
- Staff
- 123
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.8m), from the Companies House accounts bulk data published Sep 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.