Company Overview
Drawtyre Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 02 August 2000, so this is a well established company. Drawtyre Limited has been in business for 25 years and 8 months. The accounts status is micro entity and the accounts are next due on Sunday 31 May 2026.
Registered Address

31 Cortmalaw Gardens, Glasgow, G33 1TJ
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Companies House Data
Company NameDRAWTYRE LIMITED
Company NumberSC209648
Registered Office Address31 Cortmalaw Gardens
 G33 1TJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/08/2000
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date30/08/2016
Returns Last Made Up Date02/08/2015
Directors & Members
Show Resigned
Jasbir Sandhu - Director
(British, 63 years old, born October 1963)
Appointed 10 November 2000
 Active
Secretaries
Show Resigned
Jasbir Sandhu - Secretary
(British)
Appointed 10 November 2000
 Active
Other Company Directorships
Jasbir Sandhu
BELHAVEN HOTEL (GLASGOW) LIMITED
BELHAVEN HOTEL LIMITED
BHAJI'S LIMITED
EAST SIDE FOODS LTD
FALKIRK OM PAR LIMITED
JAS PRIVATE & EXECUTIVE HIRE LTD
JMB RENEWABLES LIMITED
KELVIN HOTEL (GLASGOW) LIMITED
KIRKY FINE FOODS LTD
KIRKY PROPERTIES LIMITED
KIRPA PROPERTIES LIMITED
LIBERTAY LIMITED
SADHU’S PROPERTIES CO LTD
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 372,248 372,248 371,959
Current Assets 84,835 84,835 82,256
Creditors Due Within One Year 8,564 8,564 11,788
Working Cap 76,271 76,271 70,468
Total Assets Less Current Liabilities 448,519 448,519 442,427
Long-term Liabilities 74,181 74,181 84,818
Net Assets 374,338 374,338 357,609
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 374,338 374,338 357,609
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 81.4% 81.4% 81.9%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 18.6% 18.6% 18.1%
Creditors Due Within One Year 1.9% 1.9% 2.6%
Net Current Assets Liabilities 16.7% 16.7% 15.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 81.9% 81.9% 78.7%
Capital Employed - - -
Total Assets Less Current Liabilities 98.1% 98.1% 97.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 9.9 9.9 7.0
Solvency Ratio 5.5 5.5 4.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 10
Mortgages Outstanding 10
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 457,083 457,083 454,215
Debt 82,745 82,745 96,606
Net Assets/Debt 374,338 374,338 357,609

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around G33 1TJ
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MNP VEHICLES LTD
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A & N INVESTMENTS (GLASGOW) LTD
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PURPLE VENTURE 511 LIMITED
37 Cortmalaw Gardens, Glasgow, Lanarkshire, G33 1TJ
A & A ELECTRICS LIMITED
28 Cortmalaw Gardens, Glasgow, G33 1TJ
FALKIRK OM PAR LIMITED
13 CROMARTY CRESCENT, BEARSDEN, GLASGOW, G33 1TJ
BRS CODESMITHS LIMITED
24 Cortmalaw Gardens, Glasgow, G33 1TJ
HARBUNS LIBERTY LIMITED
31 Cortmalaw Gardens, Glasgow, G33 1TJ
Document Filings
Confirmation statement made on 2 August 2025 with no updates
Confirmation statement made on 2 August 2024 with no updates
Confirmation statement made on 2 August 2023 with no updates
Confirmation statement made on 2 August 2022 with no updates
Confirmation statement made on 2 August 2021 with no updates
Confirmation statement made on 2 August 2020 with no updates
Confirmation statement made on 2 August 2019 with no updates
Confirmation statement made on 2 August 2018 with no updates
Amended micro company accounts made up to 31 August 2017
Confirmation statement made on 2 August 2017 with no updates
Confirmation statement made on 2 August 2016 with updates
Annual return made up to 2 August 2015 with full list of shareholders
Annual return made up to 2 August 2014 with full list of shareholders
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