TITAN STEEL WHEELS LIMITED

Active
Company number 02593559Private limited companyIncorporated 1991

Key figures

£26,749,000+0.5%
Net assets 2025
+0.5%
Average annual growth 2024–2025
010 m20 m30 m20242025

† TITAN STEEL WHEELS LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025

Sector comparison

SIC 24330

Where the company stands among the 126 active companies whose first SIC code is 24330 (Cold forming or folding).

Net assets£26,749,000
Higher than 97% · median £574,939
Total assets£43,909,000
Higher than 97% · median £1,049,700
Cash£2,084,000
Higher than 91% · median £225,217
Company age35.6 years
Older than 76% · median 24.1 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 126. The line on each bar marks the median.

Summary: TITAN STEEL WHEELS LIMITED

What kind of company is it?

TITAN STEEL WHEELS LIMITED is a private limited company registered with Companies House under company number 02593559. It was incorporated on 20 Mar 1991. Its status is active. The registered office is in Worcestershire (DY10). Its nature of business (SIC 2007) is cold forming or folding (24330).

How is the company doing financially?

The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Turnover was £43,832,000. Profit for the year was £138,000. Net assets were £26,749,000, up 0.5% on the previous year. Cash at bank and in hand was £2,084,000. Total assets were £43,909,000 and total liabilities £17,160,000. Figures are available for 2 financial years (2024–2025).

How does it compare with similar companies?

Compared with 126 active companies whose first SIC code is 24330: By net assets it ranks higher than 97% of them (median £574,939). By total assets it ranks higher than 97% of them (median £1,049,700). By cash it ranks higher than 91% of them (median £225,217). It is older than 76% of them (median age 24.1 years).

Has it received government grants?

It is recorded as the recipient of one central government grant worth £2,000, from Department for Education.

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly iron and steel, machinery, vehicles. HMRC lists it as an exporter of goods, mainly vehicles, machinery, iron and steel articles. In its latest payment practices report it took an average of 47 days to pay suppliers, and 90% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 17.6% higher than for men. It has modern slavery statements on the government registry for 5 years.

Who runs and controls the company?

One person with significant control is registered. 2 of 8 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 3 Apr 2027.

Filed accounts2024–2025
2024 †2025 †
Turnover44,001,00043,832,000
Profit for the year—138,000
Cash at bank and in hand2,209,0002,084,000
Total assets37,957,00043,909,000
Total liabilities11,346,00017,160,000
Net assets / total equity26,611,00026,749,000
Average number of employees355—

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Government grants

1 grant

TITAN STEEL WHEELS LIMITED is recorded as the recipient of 1 central government grant, worth £2,000.

Grant
  1. Apprenticeships Participation 16 - 18Department for Education · £2,000

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Jul 2024 – 31 Dec 2024
Average time taken to pay invoices
47 days
Invoices not paid within agreed terms
90%
Standard payment terms
0–90 days
Member of a payment code
No
  • Within 30 days 27%
  • 31 to 60 days 37%
  • After 60 days 36%
Earlier periods (6)
Period ending
Days to pay
Within 30 days
Late
30 Jun 2024
46
29%
87%
31 Dec 2020
55
14%
91%
30 Jun 2020
49
23%
88%
31 Dec 2019
49
21%
93%
30 Jun 2019
49
24%
87%
31 Dec 2018
49
23%
87%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 17.6% higher
Mean hourly pay
women 3.9% higher
Median bonus pay
women 100% lower
Employer size
250 to 499 employees
Lower pay quarter2.5% womenLower middle0% womenUpper middle3.8% womenUpper pay quarter6.3% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 18.2% higher
women 7.4% higher
2023/24
women 24.7% higher
women 13.7% higher
2022/23
women 23.4% higher
women 12.8% higher
2021/22
women 1% lower
women 1.6% higher
2020/21
women 9.8% lower
women 10.1% lower
2019/20
women 15.1% lower
women 13% lower
2018/19
women 4.9% lower
women 10.8% lower
2017/18
women 9.8% lower
women 17.6% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements5
2026
Statement · summary on GOV.UK · group statement (TITAN EUROPE LIMITED)
2025
Statement · summary on GOV.UK · group statement (TITAN EUROPE LIMITED)
2024
Statement · summary on GOV.UK · group statement (TITAN EUROPE LIMITED)
Earlier years (2)
2021
Statement · summary on GOV.UK · group statement (TITAN EUROPE LIMITED)
2020
Statement · summary on GOV.UK · group statement (TITAN EUROPE LIMITED)

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: iron and steel, machinery, vehicles, glues and enzymes and electrical equipment.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: vehicles, machinery, iron and steel articles and rubber.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

4 events
  1. Financial year 2025 endedAccounts: turnover £43.8m, net assets £26.7m
  2. Financial year 2024 endedAccounts: turnover £44m, net assets £26.6m, 355 employees
  3. Titan Europe Limited registered as a person with significant control
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.