How much does Philip White Tyres Limited make?

Philip White Tyres Limited reported revenue of £7.9m and £75.7k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Philip White Tyres Limited have?

Philip White Tyres Limited reported an average of 38 employees in the year to 31 Mar 2025.

Is Philip White Tyres Limited profitable?

Yes — Philip White Tyres Limited reported a profit of £75.7k in the year to 31 Mar 2025.

Company No. NI019153 · Incorporated 29 Jan 1986

Philip White Tyres Limited

Registered name: PHILIP WHITE TYRES LIMITED

Part of Philip White Tyres (Holdings) Limited group

Philip White Tyres Limited made £7.9m revenue and £75.7k profit in the year to 31 Mar 2025.

Philip White Tyres Limited’s revenue was £7.9m in the year to 31 Mar 2025, with £75.7k profit and 38 employees. The company is classified under “wholesale trade of motor vehicle parts and accessories” and is based in Armagh; we hold 4 years of its filed accounts.

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

Status: Active
Location: Armagh, Northern Ireland
Age: 40 yrs · since 1986
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 Mar 2025

Key figures

Operating leverage

Revenue

£7.9m

Growth ▲0.2%

Profit

£75.7k

Growth ▲14.8%

Profit margin

Gross 26.4%

Employees

Change ▲11.8%

Profit / employee

£2k

Revenue/employee £207k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£7.9m	£7.9m
Cost of sales	—	—	£5.8m	£5.8m
Gross profit	—	—	£2m	£2.1m
Operating profit	—	—	£181k	£203k
Profit before tax	—	—	£66k	£75.7k
Profit after tax	—	—	£66k	£75.7k
Profit (best available)	—	—	£66k	£75.7k
Staff costs	—	—	£1.1m	£1.2m
Employees (average)	39	34	34	38
Ratios
Profit margin	—	—	0.8%	1%
Gross margin	—	—	25.9%	26.4%
Revenue per employee	—	—	£231k	£207k
Profit per employee	—	—	£1.9k	£2k
Growth (year on year)
Revenue growth	—	—	—	▲0.2%
Profit growth	—	—	—	▲14.8%
Headcount growth	—	▼12.8%	0%	▲11.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£559k	£406k	£205k	£289k
Net assets	£1.5m	£1.4m	£1.4m	£1.3m
Fixed assets	£1.7m	£1.8m	£1.9m	£1.9m
Current assets	£3.6m	£3.3m	£2.8m	£3.1m
Debtors	£1.5m	£1.3m	£1.3m	£1.3m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1%; Profit ÷ revenue.
Gross margin: 26.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £207k; Revenue ÷ average employees.
Profit per employee: £2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 24.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.1%; 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: ▼3%; Now £1.3m
Cash at bank: ▲41%; Now £289k
Headcount: ▲12%; Now 38
Deferred income: —; Now —
Fixed assets: ▲5%; Now £1.9m

Corporate ownership

Group structure

Ownership chain

Philip White Tyres (Holdings) Limitedultimate parent75–100%
Philip White Tyres Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £75.7k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

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