Tia Tyres Limited
Registered name: TIA TYRES LIMITED
Part of T I a (GB) Limited groupTia Tyres Limited made £40.8m revenue and £1.1m profit in the year to 31 Mar 2025. read from filing text
Tia Tyres Limited’s revenue grew 117% to £40.8m in the year to 31 Mar 2025, with £1.1m profit and 38 employees. The company is classified under “wholesale trade of motor vehicle parts and accessories” and is based in Telford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Telford, West Midlands
- Age
- 3 yrs · since 2023
- 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.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £18.8m | £40.8m |
| Cost of sales | £16.5m | £37.7m |
| Gross profit | £2.3m | £3.1m |
| Operating profit | — | £1.4m |
| Profit before tax | £1.2m | £1.4m |
| Profit after tax | £887k | £1.1m |
| Profit (best available) | £887k | £1.1m |
| Staff costs | £565k | £1.4m |
| Employees (average) | 34 | 38 |
| Ratios | ||
| Profit margin | 4.7% | 2.6% |
| Gross margin | 12.3% | 7.6% |
| Revenue per employee | £554k | £1.1m |
| Profit per employee | £26.1k | £27.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲116.8% |
| Profit growth | — | ▲18.7% |
| Headcount growth | — | ▲11.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £199k | £950k |
| Net assets | £888k | £1.9m |
| Current assets | £21m | £24.5m |
| Debtors | £9.8m | £8.2m |
| Deferred income | £727k | £1.2m |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 7.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £27.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.1%
- 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
- ▲119%
- Now £1.9m
- Cash at bank
- ▲377%
- Now £950k
- Headcount
- ▲12%
- Now 38
- Deferred income
- ▲58%
- Now £1.2m
- Fixed assets
- —
- Now —
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
- T I a (GB) Limitedultimate parent75–100%
- Tia Tyres Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Homeland Tires LimitedFigures not disclosed
- Homeland Tyres LimitedFigures not disclosed
- Tia Agri LimitedFigures not disclosed
- Tia UK Tyres LimitedFigures not disclosed
- Vanlead LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1m), 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.