Strathclyde Tyre

Strathclyde Tyres is a privately owned business operating in the tyre replacement and associated automotive services market. The company has grown to be one of Scotland's leading independent tyre dealers with a reputation for outstanding service, innovative tyre management programmes and most importantly value for money. The company has seen a steady growth over the past 25 years displaying a strong pattern of success. With an annual turnover in excess of £9 million, we are proud of our achievements and our commitment to all our customers. We are only able to offer the best service with the support of every one of our employees and because of that, we invest both time and resources in training and personal development. With over 20 years experience in the tyre industry we are committed to being straight with you in everything we do. Your safety is our business! Our reputation is crucial to our success and we want you to keep coming back.
Company Growth (employees)
Type
Private
HQ
Coatbridge, GB
Size (employees)
8 (est)
Strathclyde Tyre is headquartered in Coatbridge, GB

Strathclyde Tyre Office Locations

Strathclyde Tyre has offices in Coatbridge, Johnstone, Kilmarnock and Leven
Coatbridge, GB (HQ)
287 Main St
Leven, GB
Riverside Rd
Kilmarnock, GB
10 12 E Shaw St
Johnstone, GB
6 Rankine St

Strathclyde Tyre Data and Metrics

Strathclyde Tyre Financial Metrics

Strathclyde Tyre's revenue was reported to be £8.4 m in FY, 2016 which is a 5% decrease from the previous period.
GBP

Revenue (FY, 2016)

8.4 m

Revenue growth (FY, 2015 - FY, 2016), %

(5%)

Gross profit (FY, 2016)

1.5 m

Gross profit margin (FY, 2016), %

18%

Net income (FY, 2016)

400.1 k

Cash (16-Sep-2016)

1.2 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

8 m9.2 m8.8 m8.4 m

Revenue growth, %

15%(4%)(5%)

Cost of goods sold

6.6 m7.7 m7.3 m6.9 m

Gross profit

1.3 m1.4 m1.5 m1.5 m

Gross profit Margin, %

17%16%17%18%

Operating expense total

1 m998.3 k1.1 m1 m

Pre tax profit

296.5 k423.8 k434.9 k489.4 k

Net Income

233.5 k334.6 k343.6 k400.1 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

213.6 k373.3 k623.3 k1.2 m

Accounts Receivable

1.3 m1.5 m1.4 m1.2 m

Current Assets

2.2 m2.7 m2.8 m3.4 m

PP&E

544.3 k582.4 k515.1 k465.8 k

Goodwill

199.8 k176.3 k152.8 k130.2 k

Total Assets

2.9 m3.4 m3.5 m4 m

Accounts Payable

1.3 m1.4 m1.2 m1.5 m

Current Liabilities

1.9 m2.2 m2 m2.1 m

Total Liabilities

2.1 m2.3 m2.1 m2.2 m

Retained Earnings

133.5 k224.6 k263.6 k400.1 k

Total Equity

856.4 k1.1 m1.3 m1.8 m

Financial Leverage

3.4 x3.2 x2.6 x2.2 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

452.6 k369.4 k582.9 k1 m

Cash From Financing Activities

(145.5 k)(99.7 k)(107 k)(18.7 k)

Income Taxes Paid

(63 k)(89.3 k)(91.3 k)(89.2 k)
Y, 2016

Financial Leverage

2.2 x

Strathclyde Tyre Online and Social Media Presence

Strathclyde Tyre Company Life and Culture

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