8303789falsetyre, exhaust, MOT testing and2025-02-012026-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-01-31http://www.companieshouse.gov.uk/cd:Director12025-02-012026-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2026-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2026-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12025-02-012026-01-31http://www.companieshouse.gov.uk/pt:MotorCars2025-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2026-01-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2026-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2025-02-012026-01-31http://www.companieshouse.gov.uk/pt:MotorCars2026-01-31http://www.companieshouse.gov.uk/pt:NetGoodwill2026-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2025-02-012026-01-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2025-02-012026-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2026-01-31http://www.companieshouse.gov.uk/pt:NetGoodwill2025-02-012026-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-01-31http://www.companieshouse.gov.uk/2025-02-012026-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:FRS1022025-02-012026-01-31http://www.companieshouse.gov.uk/2026-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2025-02-012026-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2025-02-012026-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 8303789
Williams Tyre and Exhaust Services (Ipswich) Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/01/2026
Williams Tyre and Exhaust Services (Ipswich) Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/01/2026
DIRECTORS
D J Guiler
REGISTERED OFFICE
23 Willow Green
Ingatestone
Essex
CM4 0DQ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 8303789
Williams Tyre and Exhaust Services (Ipswich) Ltd
ACCOUNTS
FOR THEYEARENDED31/01/2026
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Williams Tyre and Exhaust Services (Ipswich) Ltd
BALANCE SHEET AT 31/01/2026
20262025
Notes££
FIXED ASSETS
Intangible assets33,778-
Tangible assets460,60880,382
64,38680,382
CURRENT ASSETS
Stock29,86830,974
Debtors6121,876435,967
Cash at bank and in hand167,068107,808
318,812574,749
CREDITORS: Amounts falling due within one year7107,238123,502
NET CURRENT ASSETS211,574451,247
TOTAL ASSETS LESS CURRENT LIABILITIES275,960531,629
PROVISIONS FOR LIABILITIES AND CHARGES811,984-
NET ASSETS263,976531,629
CAPITAL AND RESERVES
Called up share capital91010
Profit and loss account263,966531,619
SHAREHOLDERS' FUNDS263,976531,629
For the year ending 31/01/2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 02/06/2026 and signed on their behalf by
.............................
D J Guiler
Director
Williams Tyre and Exhaust Services (Ipswich) Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2026
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1c. Intangible Assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
Williams Tyre and Exhaust Services (Ipswich) Ltd
2. EMPLOYEES
20262025
No.No.
Average number of employees1010
3. INTANGIBLE FIXED ASSETS
DevelopmentPurchased
CostsGoodwillTotal
£££
Cost
At 01/02/2025-34,00034,000
Additions5,667-5,667
Disposals-(34,000)(34,000)
At 31/01/20265,667-5,667
Depreciation
At 01/02/2025-34,00034,000
Disposals-(34,000)(34,000)
For the year1,889-1,889
At 31/01/20261,889-1,889
Net Book Amounts
At 31/01/20263,778-3,778
4. TANGIBLE FIXED ASSETS
Plant and
MachineryEquipmentMotor CarsTotal
££££
Cost
At 01/02/202538,1201,355198,833238,308
At 31/01/202638,1201,355198,833238,308
Depreciation
At 01/02/202532,766854124,306157,926
For the year1,07110018,60319,774
At 31/01/202633,837954142,909177,700
Net Book Amounts
At 31/01/20264,28340155,92460,608
At 31/01/20255,35450174,52780,382
Williams Tyre and Exhaust Services (Ipswich) Ltd
5. STOCK 20262025
££
Stock comprises:
Stock29,86830,974
29,86830,974
6. DEBTORS 20262025
££
Amounts falling due within one year
Trade debtors15,55213,832
Other debtors94,92596,946
Amounts due from group companies-310,208
Prepayments11,39914,981
121,876435,967
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20262025
££
UK corporation tax8,87212,854
VAT13,64416,444
PAYE control4,8954,569
Directors current account28,15728,640
Trade creditors47,87845,563
Accruals3,79215,432
107,238123,502
8. PROVISIONS FOR LIABILITIES 20262025
££
Deferred taxation11,984-
11,984-
Williams Tyre and Exhaust Services (Ipswich) Ltd
9. SHARE CAPITAL 20262025
££
Allotted, issued and fully paid:
10 Ordinary shares of £1 each1010
1010
10. CONTROLLING PARTY
Guiler Group Holdings Ltd is the ultimate controlling party by virtue of their sole ownership of the company's issued share capital.