TIA WHEELS LTD
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Cash
£142K
Latest balance sheet
Net assets
£4M
+28.6% highest in 6 filed years
Employees
14
+16.7% highest in 6 filed years
Profit before tax
£1.2M
-13% lowest in 3 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £13,524,119 | £12,811,571 | -5.3% | |
| Operating profit | — | — | — | — | £1,346,728 | £1,187,834 | -11.8% | |
| Profit before tax | — | — | — | £1,190,717 | £1,346,728 | £1,171,311 | -13% | |
| Net profit | — | — | — | £953,180 | £998,932 | £878,449 | -12.1% | |
| Cash | £7,986 | £2,477 | £1,893 | £17,347 | £0 | £142,346 | — | |
| Total assets less current liabilities | £127,804 | £598,468 | £1,130,892 | £2,083,951 | £3,083,573 | £3,959,162 | +28.4% | |
| Net assets | £129,837 | £598,468 | £1,123,607 | £2,076,787 | £3,075,719 | £3,954,168 | +28.6% | |
| Equity | £129,837 | £598,468 | £1,123,607 | £2,076,787 | £3,075,719 | £3,954,168 | +28.6% | |
| Average employees | 5 | 4 | 7 | 10 | 12 | 14 | +16.7% | |
| Wages | — | — | — | £387,043 | £500,883 | £494,926 | -1.2% | |
| 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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 10.0% | 9.3% | |
| Net margin | — | — | — | — | 7.4% | 6.9% | |
| Return on capital employed | — | — | — | — | 43.7% | 30.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | 57.7% | 51.7% | |
| Current ratio | — | — | — | — | 1.73x | 1.93x | |
| Interest cover | — | — | — | — | — | 52.74x |
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
- CK Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “Currency fluctuations remain one of the biggest challenges, this has become more prevalent since the Brexit vote and ongoing negotiations”
- “COVID19 - as with many businesses during the pandemic, we have been impacted both financially and personally.”
- “The Group began operating in the Agricultural sector in 2023 and we expect this to develop and grow in the next 12 - 18 months.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Matthew James | Director | 2014-02-06 | Apr 1972 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRAHAM, Geoffrey | Director | 2012-07-12 | 2014-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tia (Gb) Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-29 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-14 | AA | accounts | Accounts with accounts type small | |
| 2023-09-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-12 | AA | accounts | Accounts with accounts type small | |
| 2022-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-17 | AA | accounts | Accounts with accounts type small | |
| 2021-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-09 | AA | accounts | Accounts with accounts type small | |
| 2020-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-12 | AA | accounts | Accounts with accounts type small | |
| 2019-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-12-21 | AA | accounts | Accounts with accounts type small | |
| 2018-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2017-12-18 | AA | accounts | Accounts with accounts type small | |
| 2017-07-10 | 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.