Kings Tyres LimitedDissolved
Kings Tyres Limited made £234k revenue and £10.1k profit in the year to 31 Jul 2024.
Kings Tyres Limited’s revenue grew 10% to £234k in the year to 31 Jul 2024, with £10.1k profit and 3 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £213k | £234k |
| Cost of sales | — | £139k | £147k |
| Gross profit | — | £73.4k | £87.2k |
| Profit after tax | — | £4.4k | £10.1k |
| Profit (best available) | — | £4.4k | £10.1k |
| Employees (average) | 3 | 3 | 3 |
| Ratios | |||
| Profit margin | — | 2.1% | 4.3% |
| Gross margin | — | 34.5% | 37.3% |
| Revenue per employee | — | £70.9k | £78k |
| Profit per employee | — | £1.5k | £3.4k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲10% |
| Profit growth | — | — | ▲128.1% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £35.4k | £43.6k | £16.3k |
| Net assets | £12.7k | £17.1k | £27.3k |
| Fixed assets | £5k | £5.1k | £3.4k |
| Current assets | £46.7k | £55.7k | £62.9k |
| Debtors | £150 | £2.1k | £29.5k |
| Source | FilletedAccounts · bulk data Mar 2024 | FilletedAccounts · bulk data Mar 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 37.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £78k
- Revenue ÷ average employees.
- Profit per employee
- £3.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.6%
- 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
- ▲59%
- Now £27.3k
- Cash at bank
- ▼63%
- Now £16.3k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼33%
- Now £3.4k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2024 (profit £10.1k), from the Companies House accounts bulk data published Oct 2024. 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.