CompanyTrack
E

EUROPEAN TYRE ENTERPRISE LIMITED

Active Letchworth Garden City

Activities of head offices

384 employees Website
Supply chain, manufacturing and commerce models Logistics & distribution Activities of head offices
E

EUROPEAN TYRE ENTERPRISE LIMITED

Activities of head offices

Founded 28 Feb 2011 Active Letchworth Garden City, United Kingdom 384 employees etelimited.co.uk
Supply chain, manufacturing and commerce models Logistics & distribution Activities of head offices
Accounts Submitted 22 Oct 2025
Confirmation Statement Submitted 14 Jul 2025
Net assets £525.21M £2.46M 2023 year on year
Total assets £1226.37M £38.62M 2023 year on year
Total Liabilities £701.16M £36.15M 2023 year on year
Charges None No charges registered

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Contact & Details

Registered Address

Etel House Avenue One Letchworth Garden City Hertfordshire SG6 2HU

Credit Report

Discover EUROPEAN TYRE ENTERPRISE LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2013–2023)

Cash in Bank

£400.00k

Decreased by £707.00k (-64%)

Net Assets

£525.21M

Increased by £2.46M (+0%)

Total Liabilities

£701.16M

Increased by £36.15M (+5%)

Turnover

N/A

Employees

384

Increased by 25 (+7%)

Debt Ratio

57%

Increased by 1 (+2%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£9k awarded
Show:

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

4 Allotments 126,000,000 Shares £126.00m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
24 May 201931,500,000£31.50m£1
14 May 201931,500,000£31.50m£1
15 Apr 201931,500,000£31.50m£31.50m
27 Mar 201931,500,000£31.50m£31.50m

Officers

Officers

12 active 29 resigned
Status
Andrew FernDirectorBritishEngland481 Apr 2020Active
Daisaku ItamiDirectorJapaneseEngland5415 Apr 2024Active
Hajime MoriDirectorJapaneseJapan4824 May 2024Active
Jin AsadaDirectorJapaneseEngland5510 Jun 2022Active
Kotaro YamamotoDirectorJapaneseJapan5724 May 2024Active
Mark Richard SladeDirectorBritishEngland501 Apr 2013Active
Paul DempseySecretaryUnknownUnknown4 Jul 2025Active
Stephen Charles ParkerDirectorBritishUnited Kingdom571 Aug 2020Active

Shareholders

Shareholders (2)

Itochu Corporation
75.0%
338,422,70912 Jul 2019
Itochu Europe Plc
25.0%
112,807,57012 Jul 2019

Persons with Significant Control

Persons with Significant Control (4)

4 Active 11 Ceased

Itochu Corporation

Japan

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 50 To 75 Percent
  • Voting Rights 50 To 75 Percent
  • Right To Appoint And Remove Directors

Wataru Goroku

Japanese

Active
Notified 2 Feb 2018
Residence England
DOB August 1974
Nature of Control
  • Significant Influence Or Control

Itochu Europe Plc

United Kingdom

Active
Notified 2 Jul 2018
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Shinjiro Tanaka

Japanese

Active
Notified 1 Mar 2019
Residence England
DOB March 1963
Nature of Control
  • Significant Influence Or Control

Manuba Nishimura

Ceased 15 Apr 2024

Ceased

Stephen Mark Childs

Ceased 3 Jun 2019

Ceased

Kenji Murai

Ceased 31 Mar 2022

Ceased

Kenichi Kijima

Ceased 30 Apr 2021

Ceased

Hidenori Nomi

Ceased 30 Apr 2017

Ceased

Tadahiro Kiyosu

Ceased 31 Mar 2018

Ceased

Hisashi Yajima

Ceased 31 Mar 2017

Ceased

Tetsuji Kawakami

Ceased 31 Mar 2020

Ceased

Mitsutaka Ishida

Ceased 31 Jul 2020

Ceased

Yasuyuki Harada

Ceased 28 Feb 2019

Ceased

Nobuya Urashima

Ceased 31 Mar 2018

Ceased

Group Structure

Group Structure

ITOCHU CORPORATION japan
ITOCHU EUROPE PLC united kingdom shares 75 to 100 percent
EUROPEAN TYRE ENTERPRISE LIMITED Current Company
CREDENTIAL ENVIRONMENTAL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
KWIK-FIT FINANCE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
KWIK-FIT (GB) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
KWIK-FIT GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
KWIK-FIT HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MURFITTS GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MURFITTS INDUSTRIES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SPEEDY 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
STAPLETON'S (TYRE SERVICES) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
TYRE CALL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
TYRE RECOVERY SYSTEMS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
22 Oct 2025AccountsAnnual accounts made up to 2025-03-31View(54 pages)
6 Oct 2025OfficersAppointment of Mr Toki Shimizu as director on 2025-09-25View(2 pages)
15 Jul 2025OfficersAppointment of Mr Paul Dempsey as director on 2025-07-04View(2 pages)
15 Jul 2025OfficersTermination of Nizar Bahadurali Pabani as director on 2025-07-04View(1 page)
14 Jul 2025Confirmation StatementConfirmation statement made on 2025-07-01 with no updatesView(3 pages)
22 Oct 2025 Accounts

Annual accounts made up to 2025-03-31

6 Oct 2025 Officers

Appointment of Mr Toki Shimizu as director on 2025-09-25

15 Jul 2025 Officers

Appointment of Mr Paul Dempsey as director on 2025-07-04

15 Jul 2025 Officers

Termination of Nizar Bahadurali Pabani as director on 2025-07-04

14 Jul 2025 Confirmation Statement

Confirmation statement made on 2025-07-01 with no updates

Recent Activity

Latest Activity

Annual accounts made up to 2025-03-31

3 months ago on 22 Oct 2025

Appointment of Mr Toki Shimizu as director on 2025-09-25

4 months ago on 6 Oct 2025

Appointment of Mr Paul Dempsey as director on 2025-07-04

7 months ago on 15 Jul 2025

Termination of Nizar Bahadurali Pabani as director on 2025-07-04

7 months ago on 15 Jul 2025

Confirmation statement made on 2025-07-01 with no updates

7 months ago on 14 Jul 2025