How much does Tia Wheels Ltd make?

Tia Wheels Ltd reported revenue of £12.8m and £878k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Tia Wheels Ltd have?

Tia Wheels Ltd reported an average of 14 employees in the year to 31 Mar 2025.

Is Tia Wheels Ltd profitable?

Yes — Tia Wheels Ltd reported a profit of £878k in the year to 31 Mar 2025.

Company No. 08141539 · Incorporated 12 Jul 2012

Tia Wheels Ltd

Registered name: TIA WHEELS LTD

Part of Tia (Gb) Ltd group

Tia Wheels Ltd made £12.8m revenue and £878k profit in the year to 31 Mar 2025. read from filing text

Tia Wheels Ltd’s revenue fell 5% to £12.8m in the year to 31 Mar 2025, with £878k profit and 14 employees. The company is classified under “wholesale trade of motor vehicle parts and accessories” and is based in Telford; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45310Wholesale trade of motor vehicle parts and accessories

Status: Active
Location: Telford, West Midlands
Age: 14 yrs · since 2012
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. From the filing: “The ultimate controlling party is Peter Smith by virtue of his 70% shareholding in the parent company, T.I.A. (GB) Limited.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£12.8m

Growth ▼5.3%

Profit

£878k

Growth ▼12.1%

Profit margin

6.9%

Gross 19.1%

Employees

Change ▲16.7%

Profit / employee

£62.7k

Revenue/employee £915k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£10.5m	£13.5m	£12.8m
Cost of sales	—	£8.6m	£10.9m	£10.4m
Gross profit	—	£1.9m	£2.6m	£2.4m
Operating profit	—	—	—	£1.2m
Profit before tax	—	£1.2m	£1.3m	£1.2m
Profit after tax	—	£953k	£999k	£878k
Profit (best available)	—	£953k	£999k	£878k
Staff costs	—	£446k	£563k	£582k
Employees (average)	7	10	12	14
Ratios
Profit margin	—	9.1%	7.4%	6.9%
Gross margin	—	17.8%	19.6%	19.1%
Revenue per employee	—	£1m	£1.1m	£915k
Profit per employee	—	£95.3k	£83.2k	£62.7k
Growth (year on year)
Revenue growth	—	—	▲28.8%	▼5.3%
Profit growth	—	—	▲4.8%	▼12.1%
Headcount growth	—	▲42.9%	▲20%	▲16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9k	£17.3k	£0	£142k
Net assets	£1.1m	£2.1m	£3.1m	£4m
Fixed assets	£55.1k	£42.8k	£43.3k	£22.3k
Current assets	£3.9m	£10.1m	£7.2m	£8.2m
Debtors	£1.5m	£2.2m	£3m	£2.3m
Deferred income	—	£392k	£301k	£330k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 6.9%; Profit ÷ revenue.
Gross margin: 19.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £915k; Revenue ÷ average employees.
Profit per employee: £62.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲29%; Now £4m
Cash at bank: —; Now £142k
Headcount: ▲17%; Now 14
Deferred income: ▲10%; Now £330k
Fixed assets: ▼48%; Now £22.3k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Tia (Gb) Ltd (registered outside the UK register)ultimate parent75–100%
Tia Wheels Ltdthis 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £878k), from the Companies House accounts bulk data published Dec 2025. 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.