WINGERWORTH TYRES LIMITED
Company number 04361483 · Monitor this company
Executive summary
Wingerworth Tyres Limited is a long-established, profitable tyre retail business with adequate cash reserves but a deeply concerning financial trajectory. Net assets have declined 80% over eight years, driven by the sole director extracting dividends that consistently exceed annual profits, eroding the equity base and pushing the company into negative working capital. A credit facility should only be approved on a conditional basis with personal guarantees from both shareholders, dividend restrictions, and enhanced monitoring covenants to prevent further capital erosion.
Shareholders' funds
£37,763
Balance sheet as at 2026-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2002-01-28
- Employees
- 10 (2026 accounts)
- Registered office
- Wingerworth Service Station, Derby Road, Chesterfield, Derbyshire, S42 6NB
- Postcode
- S42 6NB
- Capital
- 500 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-01-31
- Next due by
- 2027-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-10-10
- Next due by
- 2027-10-24
Nature of business (SIC)
- 45320 Retail trade of motor vehicle parts and accessories
Officers 1 current · 6 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA908191 (Tier 1), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- wingerworth-tyres.co.uk
- Phone
- 01246 203048
Wingerworth Tyres Ltd supply and fit tyres for Wingerworth and the surrounding areas. Same day fitting available. Tyres near me. Book online
Among its peers
Among the biggest employers
of 99 similar companies in S, with 10 staff. Among the oldest 25% of its local peers.
Competitors Sheffield
This company ranks 41 among retail trade of motor vehicle parts and accessories in Sheffield.
The class of 2002
39%
of the 122,928 companies incorporated in 2002 are still active today; 58% have since been dissolved.
A fact about the year, not a forecast for this company.