# Kings Road Tyres and Repairs Limited (00627338)

> Why UK company 00627338 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00627338

- **Status:** Administration ended
- **Administration began:** 2019-06-28
- **Administrators' firm:** KPMG
- **Formerly:** King's Road Tyres and Repairs Limited
- **Incorporated:** 1959-05-04
- **Location:** Birmingham
- **Industry:** 45310 Wholesale trade of motor vehicle parts and accessories

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

The Company was incorporated in 1959 and the business was split into three separate divisions. These included the wholesale trade of commercial van and truck tyres (KRT), a tyre repair services management division (TBS) and a mobile tyre service provider (Kingsbury).

The Company’s head office and main warehouse facility was based in Burton-upon-Trent. KRT also operated three smaller warehouses in Stockton, Taunton and Hayes. The TBS and Kingsbury divisions were both based in Southampton in separate premises.

2.2 Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00627338/filing-history/MzI0MTQxMjU5NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00627338

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.