Martins Tyres LLP
Registered name: MARTINS TYRES LLP
Martins Tyres LLP made £3.1m revenue and £0 profit in the year to 31 Mar 2025.
Martins Tyres LLP’s revenue grew 2% to £3.1m in the year to 31 Mar 2025, with £0 profit and 17 employees. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £3m | £3.1m |
| Cost of sales | — | £2.1m | £2.1m |
| Gross profit | — | £908k | £1m |
| Operating profit | — | £273k | £365k |
| Profit after tax | — | £0 | £0 |
| Profit (best available) | — | £0 | £0 |
| Employees (average) | 15 | 17 | 17 |
| Ratios | |||
| Profit margin | — | 0% | 0% |
| Gross margin | — | 29.8% | 33.2% |
| Revenue per employee | — | £179k | £184k |
| Profit per employee | — | £0 | £0 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲2.4% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £161k | £271k | £175k |
| Net assets | — | — | — |
| Fixed assets | £168k | £172k | £205k |
| Current assets | £706k | £711k | £544k |
| Debtors | £10.3k | £14.7k | £8.3k |
| Source | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 33.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £184k
- Revenue ÷ average employees.
- Profit per employee
- £0
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- —
- Now —
- Cash at bank
- ▼35%
- Now £175k
- Headcount
- 0%
- Now 17
- Deferred income
- —
- Now —
- Fixed assets
- ▲19%
- Now £205k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £0), 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.