BANDVULC TYRES LTD
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Cash
£457K
Latest balance sheet
Net assets
£34M
Equity attributable
Employees
274
Average over period
Profit before tax
£3.3M
Period ending 2023-12-31
Net assets
1-year trend · vs Basic Materials median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £109,823,000 | — | |
| Operating profit | £2,460,000 | — | |
| Profit before tax | £3,324,000 | — | |
| Net profit | £2,534,000 | — | |
| Cash | £457,000 | — | |
| Total assets less current liabilities | £36,042,000 | — | |
| Net assets | £34,015,000 | — | |
| Equity | £34,015,000 | — | |
| Average employees | 274 | — | |
| Wages | £8,091,000 | — | |
| Directors' remuneration | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | 2.2% | |
| Net margin | 2.3% | |
| Return on capital employed | 6.8% | |
| Gearing (liabilities / total assets) | 33.2% | |
| Current ratio | 2.82x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- BANDVULC TYRES LTD 1998-01-19 → present
- BANDVULC REMOULDS LIMITED 1980-12-31 → 1998-01-19
- AEROFLO (R.W. DEVON) LIMITED 1978-01-30 → 1980-12-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “Sales turnover decrease of (6) % reflects the drop in volumes compared with 2024 which decreased by (14) %. Operating profit also decreased due mainly to the volume decrease. 2025 experienced an increase in overheads in the year, up 8% over last year.”
- “Further investment in automated technologies in the Factory in 2025 lie behind the increase in net assets in the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHOUDHURY, Nafaz | Secretary | 2025-02-21 | — | — |
| BUDAY, Martin | Director | 2025-05-01 | Nov 1977 | Slovak |
| CHOUDHURY, Nafaz | Director | 2025-02-21 | Aug 1982 | British |
| MORTIMER, Tracey | Director | 2024-12-31 | Mar 1971 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FUSSELL, Jane | Secretary | 1994-11-23 | 2008-07-10 |
| INGRAM, Mark | Secretary | 2018-09-24 | 2020-09-30 |
| OWEN, Matthew | Secretary | 2020-09-30 | 2025-02-21 |
| OWEN, Matthew | Secretary | 2016-07-01 | 2018-09-24 |
| WILLS, Joanne | Secretary | 2008-07-10 | 2016-06-30 |
| WILLS, Joanne | Secretary | — | 1994-11-23 |
| FRICKE, Lutz | Director | 2017-05-31 | 2023-05-31 |
| FUSSELL, Jane | Director | 1994-07-11 | 2016-06-30 |
| GORGUN, Tarik | Director | 2022-03-31 | 2024-12-31 |
| GREGG, Arthur | Director | 2016-07-02 | 2020-09-30 |
| ISIK, Tansu | Director | 2023-05-31 | 2025-05-01 |
| KÖLLER, Burkhardt | Director | 2016-07-02 | 2017-05-31 |
| O'CONNELL, John | Director | — | 2016-06-30 |
| O'CONNELL, Patrick | Director | — | 2016-07-02 |
| O'CONNELL, Richard Charles | Director | — | 2016-06-30 |
| O'CONNELL, Ryan | Director | 2009-08-06 | 2016-07-02 |
| OWEN, Matthew | Director | 2020-09-30 | 2025-02-21 |
| SMITH, David | Director | 2016-07-02 | 2022-03-31 |
| SUTTMEYER, Johannes | Director | 2016-07-02 | 2019-08-22 |
| WILLS, Joanne | Director | — | 2016-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Continental Uk Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-12-15 | Active |
| Bv Environmental Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-12-15 |
Filing timeline
Last 20 of 158 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-26 | AA | accounts | Accounts with accounts type full | |
| 2025-08-28 | AA | accounts | Accounts with accounts type full | |
| 2025-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-02-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-08-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-07 | AA | accounts | Accounts with accounts type full | |
| 2022-07-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-04 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.