South Tire Ltd
Registered name: SOUTH TIRE LTD
South Tire Ltd made £40k revenue and £2.5k profit in the year to 28 Jun 2026.
South Tire Ltd’s revenue grew 130% to £40k in the year to 28 Jun 2026, with £2.5k profit and 1 employee. The company is classified under “buying and selling of own real estate” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Jun 2023 | 28 Jun 2024 | 28 Jun 2025 | 28 Jun 2026 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £43.2k | £17.4k | £40k |
| Gross profit | — | £43.2k | £17.4k | £40k |
| Operating profit | £240 | £21.7k | £434 | £2.5k |
| Profit before tax | £240 | £21.7k | £434 | £2.5k |
| Profit after tax | £240 | £21.7k | £434 | £2.5k |
| Profit (best available) | £240 | £21.7k | £434 | £2.5k |
| Employees (average) | 1 | 0 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | 50.3% | 2.5% | 6.3% |
| Gross margin | — | 100% | 100% | 100% |
| Revenue per employee | — | — | £17.4k | £40k |
| Profit per employee | £240 | — | £434 | £2.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼59.7% | ▲130.2% |
| Profit growth | — | ▲8960% | ▼98% | ▲482.7% |
| Headcount growth | — | ▼100% | — | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £16.2k | £15.8k | £18.4k |
| Net assets | £45.2k | £23.5k | £23k | £25.6k |
| Fixed assets | — | £2.3m | £2.3m | £2.3m |
| Current assets | £45.5k | £58.9k | £58.5k | £61.1k |
| Debtors | £45.5k | £42.7k | £42.7k | £42.7k |
| Deferred income | £240 | £601 | £600 | £600 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 6.3%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £40k
- Revenue ÷ average employees.
- Profit per employee
- £2.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5772%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 106.7%
- 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
- ▲11%
- Now £25.6k
- Cash at bank
- ▲16%
- Now £18.4k
- Headcount
- 0%
- Now 1
- Deferred income
- 0%
- Now £600
- Fixed assets
- 0%
- Now £2.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 28 Jun 2026 (profit £2.5k), 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.