Redpath Tyres Limited
Registered name: REDPATH TYRES LIMITED
Part of Redpath Tyres Holdings Limited groupRedpath Tyres Limited made £15.4m revenue and £355k profit in the year to 30 Apr 2025.
Redpath Tyres Limited’s revenue grew 9% to £15.4m in the year to 30 Apr 2025, with £355k profit and 69 employees. The company is classified under “wholesale trade of motor vehicle parts and accessories” and is based in Kelso; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Kelso, Scotland
- Age
- 47 yrs · since 1979
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13.1m | £14.2m | £14.2m | £15.4m |
| Cost of sales | £8.8m | £9.4m | £9.1m | £9.9m |
| Gross profit | £4.3m | £4.8m | £5.1m | £5.6m |
| Operating profit | £497k | £650k | £376k | £543k |
| Profit before tax | £454k | £602k | £660k | £498k |
| Profit after tax | £365k | £459k | £493k | £355k |
| Profit (best available) | £365k | £459k | £493k | £355k |
| Staff costs | — | £2.3m | £2.5m | £2.8m |
| Employees (average) | 57 | 61 | 64 | 69 |
| Ratios | ||||
| Profit margin | 2.8% | 3.2% | 3.5% | 2.3% |
| Gross margin | 32.8% | 33.9% | 35.7% | 36% |
| Revenue per employee | £230k | £233k | £222k | £224k |
| Profit per employee | £6.4k | £7.5k | £7.7k | £5.1k |
| Cash conversion | 84.2% | −98.1% | −314.5% | −131.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲8.7% | ▼0.4% | ▲8.9% |
| Profit growth | — | ▲25.6% | ▲7.5% | ▼28% |
| Headcount growth | — | ▲7% | ▲4.9% | ▲7.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £47.5k | £36k | £45.4k | £134k |
| Net assets | £786k | £1.1m | £1.7m | £1.8m |
| Fixed assets | £643k | £750k | £1.6m | £1.5m |
| Current assets | £5.2m | £5m | £4.9m | £5.3m |
| Debtors | £2.7m | £2.6m | £2.7m | £2.7m |
| Cash from operations | £419k | −£637k | −£1.2m | −£715k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 36%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £224k
- Revenue ÷ average employees.
- Profit per employee
- £5.1k
- Profit ÷ average employees.
- Cash conversion
- −131.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.5%
- 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
- ▲7%
- Now £1.8m
- Cash at bank
- ▲195%
- Now £134k
- Headcount
- ▲8%
- Now 69
- Deferred income
- —
- Now —
- Fixed assets
- ▼7%
- Now £1.5m
Group structure
Ownership chain
- Redpath Tyres Holdings Limitedultimate parent75–100%
- Redpath Tyres Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Rocklug Tyres LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £355k), from the Companies House accounts bulk data published Jan 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.