Magowan Tyres (N.I.) Limited
ActiveNI019865Wholesale & retailIncorporated 22 Sept 1986 · Newtownabbey
The principal activity of the company is the sale and distribution of tyres and associated products
Revenue
£36.4m
▲ +5.3% vs prior ~12m period
Profit after tax
£2.1m
Margin 8.6%
Employees
92
▲ +5.8% vs prior ~12m period
Net assets
£18.5m
Total assets £26.5m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£30.5m
Dec 2021
£30.0m▼ -1.5%
Dec 2022
£30.6m▲ +1.9%
Dec 2023
£34.6m▲ +13.1%
Dec 2024
£36.4m▲ +5.3%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £36.4m | ▲ +5.3% | £2.8m | 92 | £18.5m |
| 31 Dec 2023 | £34.6m | ▲ +13.1% | £2.1m | 87 | £16.8m |
| 31 Dec 2022 | £30.6m | ▲ +1.9% | £1.5m | 81 | £15.6m |
| 31 Dec 2021 | £30.0m | ▼ -1.5% | £2.2m | 71 | £14.9m |
| 31 Dec 2020 | £30.5m | — | £1.9m | 77 | £13.5m |
| 31 Dec 2019 | — | — | — | — | £12.1m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £36.4m
- Gross profit
- £9.8m
- Operating profit
- £3.1m
- Profit before tax
- £2.8m
- Profit after tax
- £2.1m
Balance sheet
- Total assets
- £26.5m
- Cash
- £1.5m
- Total liabilities
- £8.0m
- Net assets
- £18.5m
- Revenue per employee
- £396k
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