Tanvic Group Limited

Active00985614Wholesale & retailIncorporated 28 Jul 1970 · Notts

Operating within the East Midlands, East Anglia and South Yorkshire, the Group's principal activities are organised into 3 Divisions across a total of 19 sites. The Retail Division provide tyre fitment and garage services from 9 centres, some having been established for over 50 years. The Commercial Division provide truck and agricultural tyre services from 6 depots and the Wholesale Division provide a comprehensive wholesale car tyre distribution service from 4 strategically located centres.

Revenue

£70.0m

▲ +1.1% vs prior ~12m period

Profit after tax

£4.8m

Margin 9.0%

Employees

264

▲ +0.8% vs prior ~12m period

Net assets

£15.9m

Total assets £23.9m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Dec 2019
Not available
Dec 2020
£50.4m
Dec 2021
£58.7m▲ +16.5%
Dec 2022
£65.9m▲ +12.3%
Dec 2023
£69.3m▲ +5.2%
Dec 2024
£70.0m▲ +1.1%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£70.0m▲ +1.1%£6.4m264£15.9m
31 Dec 2023£69.3m▲ +5.2%£5.7m262£13.7m
31 Dec 2022£65.9m▲ +12.3%£4.1m262£15.2m
31 Dec 2021£58.7m▲ +16.5%£4.3m261£11.8m
31 Dec 2020£50.4m—£4.0m295£8.2m
31 Dec 2019————£9.8m

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
£70.0m
Gross profit
£19.9m
Operating profit
£6.3m
Profit before tax
£6.4m
Profit after tax
£4.8m

Balance sheet

Total assets
£23.9m
Cash
£1.2m
Total liabilities
£8.0m
Net assets
£15.9m
Revenue per employee
£265k

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