Hankook Tyre U.K. Limited
Registered name: HANKOOK TYRE U.K. LIMITED
Hankook Tyre U.K. Limited made £164m revenue and £3.4m profit in the year to 31 Dec 2025.
Hankook Tyre U.K. Limited’s revenue grew 4% to £164m in the year to 31 Dec 2025, with £3.4m profit and 45 employees. The company is classified under “manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres” and is based in Daventry; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Daventry, East Midlands
- Age
- 33 yrs · since 1993
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £165m | £158m | £164m |
| Cost of sales | £155m | £147m | £156m |
| Gross profit | £9.6m | £10.5m | £8m |
| Operating profit | £459k | £947k | £5.9m |
| Profit before tax | −£967k | −£1m | £3.9m |
| Profit after tax | −£967k | −£1m | £3.4m |
| Profit (best available) | −£967k | −£1m | £3.4m |
| Staff costs | £3.1m | £3.2m | £3.4m |
| Employees (average) | 43 | 45 | 45 |
| Ratios | |||
| Profit margin | −0.6% | −0.6% | 2.1% |
| Gross margin | 5.8% | 6.7% | 4.9% |
| Revenue per employee | £3.8m | £3.5m | £3.7m |
| Profit per employee | −£22.5k | −£22.6k | £75.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼4.2% | ▲4.1% |
| Headcount growth | — | ▲4.7% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.9m | £2.5m | £4.5m |
| Net assets | £16.6m | £15.6m | £19m |
| Fixed assets | £197k | £5.7m | £6.3m |
| Current assets | £105m | £105m | £137m |
| Debtors | £54.2m | £50.5m | £59.2m |
| Deferred income | £8.3m | £11m | £12.9m |
| Source | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 2.1%
- Profit ÷ revenue.
- Gross margin
- 4.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.7m
- Revenue ÷ average employees.
- Profit per employee
- £75.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 36%
- Money owed by customers. Low = customers pay quickly.
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
- ▲22%
- Now £19m
- Cash at bank
- ▲83%
- Now £4.5m
- Headcount
- 0%
- Now 45
- Deferred income
- ▲17%
- Now £12.9m
- Fixed assets
- ▲9%
- Now £6.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.4m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 25 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.