Formby Tool Hire Limited

POWER SEARCH PRICING

SOLUTIONS

formby tool hire limited Company Information

Company Number

01942844

Next Accounts

Nov 2025

Directors

Thomas Smith

David Smith

Shareholders

smiths equipment hire (holdings) limited

Group Structure

View All

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

Registered Address

de havilland house, 15 - 16 avroe crescent, blackpool, lancashire, FY4 2DP

Website

www.formbytoolhire.co.uk

formby tool hire limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FORMBY TOOL HIRE LIMITED at £0 based on a Turnover of £0 and 0.51x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Formby Tool Hire Limited is a live company located in blackpool, FY4 2DP with a Companies House number of 01942844. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in August 1985, it's largest shareholder is smiths equipment hire (holdings) limited with a 100% stake. Formby Tool Hire Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

There is insufficient data available to calculate a health check for Formby Tool Hire Limited. Company Health Check FAQs

Health Rating0out of 5

0 Strong

0 Regular

0 Weak

Size

There is insufficient data available for this Key Performance Indicator!

Growth

There is insufficient data available for this Key Performance Indicator!

EXPORT

Formby Tool Hire Limited's latest turnover from February 2024 is estimated at 0 and the company has net assets of 0. According to their latest financial statements, we estimate that Formby Tool Hire Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover					591,785	1,114,890	1,075,523	739,129	700,001	526,659	439,062	579,488	419,613	320,769
Other Income Or Grants
Cost Of Sales					395,178	738,405	714,300	499,872	471,989	354,012	295,641	385,396	270,397	203,275
Gross Profit					196,606	376,485	361,223	239,257	228,012	172,646	143,421	194,092	149,216	117,494
Admin Expenses	188,519	295	32	-69	-35,987	355,849	284,430	228,083	204,806	179,355	137,614	218,568	142,181	96,964	-77,306
Operating Profit	-188,519	-295	-32	69	232,593	20,636	76,793	11,174	23,206	-6,709	5,807	-24,476	7,035	20,530	77,306
Interest Payable				88	98	1,666	2,355	2,466	1,472
Interest Receivable	85	295	33	19	136	548	295	111	189	98	216	265	106	159	104
Pre-Tax Profit	-188,434				232,632	19,519	74,733	8,819	21,924	-6,611	6,023	-24,211	7,141	20,689	77,410
Tax					-44,200	-3,709	-14,199	-1,764	-4,385		-1,385		-1,857	-5,793	-21,675
Profit After Tax	-188,434				188,432	15,810	60,534	7,055	17,539	-6,611	4,638	-24,211	5,284	14,896	55,735
Dividends Paid
Retained Profit	-188,434				188,432	15,810	60,534	7,055	17,539	-6,611	4,638	-24,211	5,284	14,896	55,735
Employee Costs					537,732	535,808	479,580	389,632	380,085	114,111	110,934	145,291	107,713	103,992
Number Of Employees					13	13	12	10	10	3	3	4	3	3
EBITDA*	-188,519	-295	-32	69	281,043	94,211	149,578	63,225	92,577	61,235	54,227	20,716	37,447	47,084	103,902

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets					163,465	161,707	104,382	105,434	75,805	83,004	63,487	46,264	32,429	41,778
Intangible Assets
Investments & Other												2,057
Debtors (Due After 1 year)
Total Fixed Assets					163,465	161,707	104,382	105,434	75,805	83,004	63,487	48,321	32,429	41,778
Stock & work in progress					21,265	24,776	21,639	21,865	20,662	23,164	25,930	22,665	19,143	25,319
Trade Debtors				12,481	195,671	200,048	103,773	103,097	95,785	84,006	77,913	80,980	62,340	54,913
Group Debtors	185,197	176,931	152,297	292,507
Misc Debtors			34,642	7,628	1,832	1,693	2,730	2,067
Cash	3,237	11,503	1,495	36,371	79,368	66,752	51,429	37,494	38,172	889	85,605	20,342	21,856	41,619
misc current assets
total current assets	188,434	188,434	188,434	348,987	298,136	293,269	179,571	164,523	154,619	108,059	189,448	123,987	103,339	121,851
total assets	188,434	188,434	188,434	348,987	461,601	454,976	283,953	269,957	230,424	191,063	252,935	172,308	135,768	163,629
Bank overdraft						28,443	11,366	11,622
Bank loan				2,894	10,539
Trade Creditors				498	71,094	79,743	49,847	27,992	98,887	67,517	149,028	68,053	48,858	89,686
Group/Directors Accounts				56,604
other short term finances
hp & lease commitments				24,481	22,450
other current liabilities				52,603	110,025	84,861	66,060	60,649
total current liabilities				137,080	214,108	193,047	127,273	100,263	98,887	67,517	149,028	68,053	48,858	89,686
loans						10,376	22,274	33,655
hp & lease commitments				23,473	44,054
Accruals and Deferred Income
other liabilities					21,588	85,563	35,567	48,784	67,954	52,970	47,793	28,338	16,277	18,206
provisions					31,180	31,129	24,512	19,983	13,850	14,232	4,408
total long term liabilities				23,473	96,822	127,068	82,353	102,422	81,804	67,202	52,201	28,338	16,277	18,206
total liabilities				160,553	310,930	320,115	209,626	202,685	180,691	134,719	201,229	96,391	65,135	107,892
net assets	188,434	188,434	188,434	188,434	150,671	134,861	74,327	67,272	49,733	56,344	51,706	75,917	70,633	55,737
total shareholders funds	188,434	188,434	188,434	188,434	150,671	134,861	74,327	67,272	49,733	56,344	51,706	75,917	70,633	55,737

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-188,519	-295	-32	69	232,593	20,636	76,793	11,174	23,206	-6,709	5,807	-24,476	7,035	20,530	77,306
Depreciation					48,450	73,575	72,785	52,051	69,371	67,944	48,420	45,192	30,412	26,554	26,596
Amortisation
Tax					-44,200	-3,709	-14,199	-1,764	-4,385		-1,385		-1,857	-5,793	-21,675
Stock						-3,511	3,137	-226	1,203	-2,502	-2,766	3,265	3,522	-6,176	25,319
Debtors	-185,197	8,266	-10,008	-125,677	312,616	-4,238	95,238	1,339	9,379	11,779	6,093	-3,067	18,640	7,427	54,913
Creditors				-498	498	-8,649	29,896	21,855	-70,895	31,370	-81,511	80,975	19,195	-40,828	89,686
Accruals and Deferred Income				-52,603	52,603	25,164	18,801	5,411	60,649
Deferred Taxes & Provisions						51	6,617	4,529	6,133	-382	9,824	4,408
Cash flow from operations	-3,322	-8,561	9,976	72,645	-22,672	114,817	92,318	92,143	73,497	82,946	-22,172	105,901	32,623	-788	91,681
Investing Activities
capital expenditure					-48,450	-75,333	-130,110	-50,999	-99,000	-60,745	-67,937	-62,415	-44,247	-17,205	-68,374
Change in Investments												-2,057	2,057
cash flow from investments					-48,450	-75,333	-130,110	-50,999	-99,000	-60,745	-67,937	-60,358	-46,304	-17,205	-68,374
Financing Activities
Bank loans				-2,894	2,894	10,539
Group/Directors Accounts				-56,604	56,604
Other Short Term Loans
Long term loans						-10,376	-11,898	-11,381	33,655
Hire Purchase and Lease Commitments				-47,954	47,954	66,504
other long term liabilities						-63,975	49,996	-13,217	-19,170	14,984	5,177	19,455	12,061	-1,929	18,206
share issue					2										2
interest	85	295	33	-69	38	-1,118	-2,060	-2,355	-1,283	98	216	265	106	159	104
cash flow from financing	85	295	33	-107,521	107,492	1,574	36,038	-26,953	13,202	15,082	5,393	19,720	12,167	-1,770	18,312
cash and cash equivalents
cash	-3,237	-8,266	10,008	-34,876	36,371	12,616	15,323	13,935	-678	37,283	-84,716	65,263	-1,514	-19,763	41,619
overdraft						-28,443	17,077	-256	11,622
change in cash	-3,237	-8,266	10,008	-34,876	36,371	41,059	-1,754	14,191	-12,300	37,283	-84,716	65,263	-1,514	-19,763	41,619

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for formby tool hire limited. Get real-time insights into formby tool hire limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for formby tool hire limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mature companies, companies in FY4 area or any other competitors across 12 key performance metrics.

FORMBY TOOL HIRE LIMITED group structure

Formby Tool Hire Limited has no subsidiary companies.

Ultimate parent company

SMITHS EQUIPMENT HIRE (HOLDINGS) LIMITED

05048553

1 parent

FORMBY TOOL HIRE LIMITED

01942844

FORMBY TOOL HIRE LIMITED Shareholders

smiths equipment hire (holdings) limited

100%

Formby Tool Hire Limited currently has 2 directors. The longest serving directors include Mr Thomas Smith (Aug 2019) and Mr David Smith (Aug 2019).

officer	country	age	start	end	role
Mr Thomas Smith	England	61 years	Aug 2019	-	Director
Mr David Smith	England	60 years	Aug 2019	-	Director

P&L

February 2024

turnover

operating profit

-188.5k

gross margin

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

-1%

total assets

-1%

cash

-1%

net assets

Total assets minus all liabilities

Similar Companies

norfolk plant hire ltd

2.5

wordingham plant hire limited

mjl plant hire (cornwall) limited

3.5

cj wood plant hire limited

central tool hire limited

company number

01942844

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

August 1985

ultimate parent company

SMITHS EQUIPMENT HIRE (HOLDINGS) LIMITED

previous names

s & j thomson power services limited (June 2012)

address

de havilland house, 15 - 16 avroe crescent, blackpool, lancashire, FY4 2DP

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 1 charges/mortgages relating to formby tool hire limited. Currently there are 0 open charges and 1 have been satisfied in the past.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for FORMBY TOOL HIRE LIMITED. This can take several minutes, an email will notify you when this has completed.

formby tool hire limited Company Information

formby tool hire limited Estimated Valuation

formby tool hire limited Estimated Valuation

formby tool hire limited Estimated Valuation

Formby Tool Hire Limited Overview

Formby Tool Hire Limited Health Check

FORMBY TOOL HIRE LIMITED financials

formby tool hire limited Credit Report and Business Information

Formby Tool Hire Limited Competitor Analysis

formby tool hire limited Ownership

formby tool hire limited directors

formby tool hire limited company details

formby tool hire limited Charges & Mortgages

formby tool hire limited Capital Raised & Share Issues BETA

formby tool hire limited Companies House Filings - See Documents