GITI TIRE (UK) LIMITED
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Cash
£2.2m
+33.4% highest in 3 filed years
Net assets
£4.1m
+15.2% highest in 3 filed years
Employees
20
-13% lowest in 3 filed years
Profit before tax
£689k
-9.8% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £13,294,930 | £13,367,158 | £13,505,025 | +1% | |
| Operating profit | £619,543 | £767,894 | £691,848 | -9.9% | |
| Profit before tax | £615,299 | £763,501 | £689,023 | -9.8% | |
| Net profit | £450,205 | £567,169 | £533,837 | -5.9% | |
| Cash | £1,447,215 | £1,679,038 | £2,239,033 | +33.4% | |
| Total assets less current liabilities | £3,093,863 | £3,660,963 | £4,208,162 | +14.9% | |
| Net assets | £2,952,005 | £3,519,174 | £4,053,011 | +15.2% | |
| Equity | £2,952,005 | £3,519,174 | £4,053,011 | +15.2% | |
| Average employees | 25 | 23 | 20 | -13% | |
| Wages | £1,712,308 | £1,627,911 | £1,382,843 | -15.1% | |
| Directors' remuneration | — | — | — | — |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.7% | 5.7% | 5.1% | |
| Net margin | 3.4% | 4.2% | 4.0% | |
| Return on capital employed | 20.0% | 21.0% | 16.4% | |
| Gearing (liabilities / total assets) | 70.2% | 57.8% | 57.1% | |
| Current ratio | 1.44x | 1.77x | 1.78x |
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
- Standalone (parent only)
- Auditor
- Mitchell Charlesworth (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Therefore, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a minimum of 12 months from the date of these Financial Statements. Accordingly, they continue to adopt the going concern basis in preparing the Annual Report and Financial Statements.”
Significant events
- “On 1st August 2025 the UK's TRA introduced anti-dumping & countervailing duties on Chinese made Truck & Bus tyres with an increase of 174% totalling £110.12 per tyre from the previous tariff of £40.13.”
- “The current geopolitical situation will not help the UK economy in the short term, as the global price for a barrel of oil increases the UK are already seeing huge increases in the cost of fuel at the pump, these increases will feed through to all areas of the UK economy and help to fuel higher inflation.”
- “New EU regulation on the sourcing of Natural Rubber from sustainable sources was delayed from 1st January 2026 to 1st January 2027. This will most likely result in the price of sustainable Natural Rubber increasing in 2026 as demand to buy from certified suppliers increases.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEI, Huai Chin | Director | 2009-01-23 | Aug 1964 | Chinese |
| TAN, Chia Hoong | Director | 2009-01-23 | Feb 1972 | Malaysian |
| TAN, Enk Ee, Dr | Director | 2009-01-23 | Mar 1968 | Malaysian |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LYONS, Richard Andrew | Director | 2009-02-06 | 2015-09-15 |
| RICHERT, Herve Frederic | Director | 2009-01-23 | 2014-12-31 |
| WITHENSHAW, Robert Martin | Director | 2009-01-22 | 2009-02-16 |
| WU, Zhi Min | Director | 2009-01-23 | 2018-12-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Giti Tire Global Enterprise Pte. Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
| Ms Mei Fung Michelle Liem | Individual | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 56 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-26 | AA | accounts | Accounts with accounts type full | |
| 2026-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-21 | AA | accounts | Accounts with accounts type full | |
| 2025-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-29 | AA | accounts | Accounts with accounts type full | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-13 | AA | accounts | Accounts with accounts type full | |
| 2023-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-21 | CH01 | officers | Change person director company with change date | |
| 2022-08-08 | AA | accounts | Accounts with accounts type full | |
| 2022-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-02 | AA | accounts | Accounts with accounts type full | |
| 2021-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-01 | AA | accounts | Accounts with accounts type full | |
| 2020-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2019-11-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2019-06-17 | AA | accounts | Accounts with accounts type full | |
| 2019-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-12-19 | TM01 | officers | Termination director company with name termination date |
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.