T I A (GB) LIMITED
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-14 (in 2mo)
Last made up 2025-06-30
Watchouts
None on the register
Cash
£4M
-7.5% vs 2024
Net assets
£37M
+10.3% vs 2024
Employees
84
-1.2% vs 2024
Profit before tax
£5M
-30.5% vs 2024
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £167,070,701 | £182,821,938 | |
| Operating profit | — | — | — | — | — | £7,348,241 | £5,203,525 | |
| Profit before tax | — | — | — | — | — | £6,829,196 | £4,749,671 | |
| Net profit | — | — | — | — | — | £5,185,510 | £3,482,407 | |
| Cash | £490,420 | £706,856 | £1,502,388 | £185,279 | £2,242,913 | £3,798,579 | £3,513,268 | |
| Total assets less current liabilities | — | — | — | — | — | £33,857,107 | £37,361,574 | |
| Net assets | — | — | — | — | — | £33,685,186 | £37,167,593 | |
| Equity | — | — | — | — | — | £33,685,186 | £37,167,593 | |
| Average employees | — | — | — | — | — | 85 | 84 | |
| Wages | — | — | — | — | — | £3,169,152 | £3,622,794 | |
| Directors' remuneration | — | — | — | — | — | £734,177 | £310,808 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+9.4%
£167,070,701 £182,821,938
-
Cash
-7.5%
£3,798,579 £3,513,268
-
Net assets
+10.3%
£33,685,186 £37,167,593
-
Employees
-1.2%
85 84
-
Operating profit
-29.2%
£7,348,241 £5,203,525
-
Profit before tax
-30.5%
£6,829,196 £4,749,671
-
Wages
+14.3%
£3,169,152 £3,622,794
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 4.4% | 2.8% | |
| Net margin | — | — | — | — | — | 3.1% | 1.9% | |
| Return on capital employed | — | — | — | — | — | 21.7% | 13.9% | |
| Current ratio | — | — | — | — | — | 2.07x | 2.08x | |
| Interest cover | — | — | — | — | — | 13.16x | 9.68x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- CK Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- T I A (GB) LIMITED · parent
- TIA Do Brasil Consultoria Limitada 100%
- TIA (Wheels) Limited 100%
- TIA Publishing Limited 100%
- Veetireco UK Limited 100%
- EniPrint Limited 100%
- TIA Mexico 90%
- TIA Agri Limited 100%
- Vanlead Limited 100%
- TIA Tyres Limited 90%
- TIA UK Tyres Limited 100%
- TIA GmbH 85%
- Homeland Tires 100%
- Homeland Tyres 100%
Significant events
- “The group's turnover for the year increased, and amounted to £182.8m (2024: £167.1m) which reflects an increase of £15.7m (9.4%).”
- “Gross Profit has increased due to the increase in turnover, from £14.8m (8.86% Gross Profit Margin) in 2024 to £15.2m (8.32% Gross Profit Margin) in 2025, although the GPM has reduced slightly.”
- “The operating profit of the group was £5.2 million (2024: £7.3m) for the current year. The decrease has been driven by fluctuating foreign exchange rates in the market, especially GBP against USD, and the reduced GPM. It has also attributable to the current economic situation, which has led to increases in administrative expenses of the company, including the rise of the national minimum wage and an overall general increase in costs.”
- “Currency fluctuations remain one of the biggest challenges, this has become more prevalent since the Brexit vote and ongoing negotiations, this is something many small and medium-sized entities (SMEs) are not entirely comfortable with. We have hedged against a sudden depreciation in sterling and have managed to mitigate our risk by being able to rely upon our internal systems and controls, as well as our market knowledge and experience.”
- “An Anti Dumping Duty (ADD) on Chinese Tyre & Bus Radial Tyres has been in operation in Europe since 2018, although this led to great uncertainty in the market this has now stabilised within the market.”
- “We believe that there will be further duties imposed on Chinese products in the future, including Passenger Car Radial Tyres. This will impact the market immensely and could lead to an overall increase in tyre prices.”
- “This had led us to slightly diversify our supplier base, although the large majority of our purchases still do come from China and will continue to do so in the future, we have looked at sourcing products from different markets during the period. This process has led us towards other supply markets and we are confident that this will help our business in the future.”
- “COVID19 – as with many businesses during the pandemic, we have been impacted both financially and personally. This has been very closely managed by the management team and we will continue to do so while the risk remains, although the risk has reduced year on year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Matthew James | Secretary | 2001-05-03 | — | British |
| PEI, Hong | Director | 2011-01-01 | Aug 1968 | British |
| SMITH, Matthew James | Director | 2009-10-01 | Apr 1972 | British |
| SMITH, Peter James | Director | 2009-10-01 | Jun 1945 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PETERS, Roger Malcolm | Secretary | 1999-11-09 | 2001-04-12 |
| CORPORATE ADMINISTRATION SECRETARIES LIMITED | Corporate Nominee Secretary | 1999-11-09 | 1999-11-09 |
| BICHARD, Norma Doris | Director | 1999-11-09 | 2001-04-12 |
| DAVIS, Timothy Matthew Stephen | Director | 2009-10-01 | 2016-03-29 |
| GRAHAM, Geoffrey | Director | 2009-10-01 | 2013-12-18 |
| JONES, Trefor | Director | 2001-05-03 | 2017-11-27 |
| CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Nominee Director | 1999-11-09 | 1999-11-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Peter James Smith | Individual | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 121 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-09-16 RESOLUTIONS Resolution
- 2021-09-16 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-29 | AA | accounts | Accounts with accounts type group | |
| 2025-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | AA | accounts | Accounts with accounts type group | |
| 2024-10-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-14 | AA | accounts | Accounts with accounts type group | |
| 2023-09-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-12 | AA | accounts | Accounts with accounts type group | |
| 2022-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-20 | AA | accounts | Accounts with accounts type group | |
| 2021-09-16 | RESOLUTIONS | resolution | Resolution | |
| 2021-09-16 | MA | incorporation | Memorandum articles | |
| 2021-09-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-28 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2021-06-26 | SH08 | capital | Capital name of class of shares | |
| 2021-01-09 | AA | accounts | Accounts with accounts type group | |
| 2020-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.