How much does Exhaust Tyres and Batteries (Worcester) Limited make?

Exhaust Tyres and Batteries (Worcester) Limited reported revenue of £75.3m and £546k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Exhaust Tyres and Batteries (Worcester) Limited have?

Exhaust Tyres and Batteries (Worcester) Limited reported an average of 507 employees in the year to 31 Dec 2024.

Is Exhaust Tyres and Batteries (Worcester) Limited profitable?

Yes — Exhaust Tyres and Batteries (Worcester) Limited reported a profit of £546k in the year to 31 Dec 2024.

Company No. 01532384 · Incorporated 4 Dec 1980

Exhaust Tyres and Batteries (Worcester) Limited

Registered name: EXHAUST TYRES AND BATTERIES (WORCESTER) LIMITED

Part of Oak Group Holdings Limited group

Exhaust Tyres and Batteries (Worcester) Limited made £75.3m revenue and £546k profit in the year to 31 Dec 2024.

Exhaust Tyres and Batteries (Worcester) Limited’s revenue grew 9% to £75.3m in the year to 31 Dec 2024, with £546k profit and 507 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Worcester; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles SIC 45310Wholesale trade of motor vehicle parts and accessories SIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Worcester, West Midlands
Age: 45 yrs · since 1980
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2024

Key figures

Boring industry

Revenue

£75.3m

Growth ▲8.6%

Profit

£546k

Growth ▼41.5%

Profit margin

0.7%

Gross 42.6%

Employees

507

Change ▲12.4%

Profit / employee

£1.1k

Revenue/employee £149k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£64.2m	£69.4m	£75.3m
Cost of sales	£42.6m	£41.4m	£43.2m
Gross profit	£21.5m	£28m	£32.1m
Operating profit	£82.9k	£2.1m	£1.5m
Profit before tax	−£71.6k	£1.6m	£1.1m
Profit after tax	−£368k	£934k	£546k
Profit (best available)	−£368k	£934k	£546k
Staff costs	£11.9m	£14.5m	£18m
Employees (average)	390	451	507
Ratios
Profit margin	−0.6%	1.4%	0.7%
Gross margin	33.6%	40.3%	42.6%
Revenue per employee	£165k	£154k	£149k
Profit per employee	−£945	£2.1k	£1.1k
Growth (year on year)
Revenue growth	—	▲8.1%	▲8.6%
Profit growth	—	—	▼41.5%
Headcount growth	—	▲15.6%	▲12.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.2m	£1.6m	£656k
Net assets	£11.7m	£12.6m	£13.1m
Fixed assets	£8.6m	£10.6m	£10.3m
Current assets	£21.4m	£18m	£21.9m
Debtors	£4.3m	£4.7m	£6.3m
Deferred income	£1m	£789k	£570k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 42.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £149k; Revenue ÷ average employees.
Profit per employee: £1.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲4%; Now £13.1m
Cash at bank: ▼58%; Now £656k
Headcount: ▲12%; Now 507
Deferred income: ▼28%; Now £570k
Fixed assets: ▼3%; Now £10.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Oak Group Holdings Limitedultimate parent75–100%
Oak Tyres UK Limited75–100%
Exhaust Tyres and Batteries (Worcester) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Ostles (Scotland) LtdRev. — · Profit £174k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £546k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.