TYRES1ST LTD

Active
Company number 12971875Private limited companyIncorporated 2020

Key figures

£56,209+35.4%
Net assets 2024/25
+55.3%
Average annual growth 2020/21–2024/25
020 k40 k60 k2020/212021/222022/232023/242024/25

Like most small UK companies, TYRES1ST LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 45320

Where the company stands among the 7,734 active companies whose first SIC code is 45320 (Retail trade of motor vehicle parts and accessories).

Net assets£56,209
Higher than 71% · median £8,774
Total assets£251,896
Higher than 75% · median £56,430
Employees1
Around the median · median 1
Company age6.0 years
Older than 56% · median 4.8 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 7,734. The line on each bar marks the median.

Summary: TYRES1ST LTD

What kind of company is it?

TYRES1ST LTD is a private limited company registered with Companies House under company number 12971875. It was incorporated on 23 Oct 2020. Its status is active. The registered office is in Dagenham (RM8). Its nature of business (SIC 2007) is retail trade of motor vehicle parts and accessories (45320).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Oct 2025); the company files micro-entity accounts. Net assets were £56,209, up 35.4% on the previous year. Total assets were £251,896 and total liabilities £195,687. The company had an average of 1 employee. Figures are available for 5 financial years (2020/21–2024/25).

How does it compare with similar companies?

Compared with 7,734 active companies whose first SIC code is 45320: By net assets it ranks higher than 71% of them (median £8,774). By total assets it ranks higher than 75% of them (median £56,430). By number of employees it is around the median of them (1). It is older than 56% of them (median age 4.8 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly rubber.

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Jul 2027. The next confirmation statement is due by 5 Nov 2027.

Filed accounts2020/21–2024/25
2020/212021/222022/232023/242024/25
Total assets14,59647,81060,156176,370251,896
Total liabilities24,25555,20538,623134,848195,687
Net assets / total equity9,6597,39521,53341,52256,209
Average number of employees11111

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.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 1 of the last 12 months on record, most recently October 2025. Main goods: 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

8 events
  1. Financial year 2024/25 endedAccounts: net assets £56.2k, 1 employee
  2. Financial year 2023/24 endedAccounts: net assets £41.5k, 1 employee
  3. Financial year 2022/23 endedAccounts: net assets £21.5k, 1 employee
  4. Financial year 2021/22 endedAccounts: net assets £7,395, 1 employee
  5. Financial year 2020/21 endedAccounts: net assets £9,659, 1 employee
  6. Joseph Chinasa Olabami Dele IZU appointedDirector
  7. Mr Joseph Chinasa Olabami Dele Izu registered as a person with significant control
  8. 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.