Blackcircles, the online tyre retailer, has seen revenues growth 30% to £23.2m in the last year.
The company, which uses a network of 1,700 independent tyre workshops and also operates Tesco Tyres for the supermarket group, also doubled its earnings to £600,000.
The BBC reports that it may extend its association with Tesco by piloting a tyre fitting service in its supermarket car parks.
Michael Welch, managing director of Blackcircles, said: "Our success comes down to understanding what our customers want and delivering it, it's as simple as that."
He added: "30% of our customers each month are returning customers - that's a legacy of what we have been building painstakingly for 10 years and the reason we are prospering in the worst three-year period the tyre market has ever seen."
He added: "Across the group as a whole, the aim is to get to £100m of sales over the next five years, which represents 10% of the UK market.