capital hire limited
capital hire limited Company Information
Company Number
03665780
Next Accounts
Jan 2026
Directors
Shareholders
karen patel
mahash patel
View AllGroup Structure
View All
Industry
Renting and leasing of cars and light motor vehicles
Registered Address
30 totteridge common, london, N20 8NE
Website
www.capitalhire.co.ukcapital hire limited Estimated Valuation
Pomanda estimates the enterprise value of CAPITAL HIRE LIMITED at £2.3m based on a Turnover of £3.7m and 0.64x industry multiple (adjusted for size and gross margin).
capital hire limited Estimated Valuation
Pomanda estimates the enterprise value of CAPITAL HIRE LIMITED at £0 based on an EBITDA of £-163.8k and a 2.32x industry multiple (adjusted for size and gross margin).
capital hire limited Estimated Valuation
Pomanda estimates the enterprise value of CAPITAL HIRE LIMITED at £1m based on Net Assets of £429.8k and 2.43x industry multiple (adjusted for liquidity).
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Capital Hire Limited Overview
Capital Hire Limited is a live company located in london, N20 8NE with a Companies House number of 03665780. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in November 1998, it's largest shareholder is karen patel with a 25% stake. Capital Hire Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with healthy growth in recent years.
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Capital Hire Limited Health Check
Pomanda's financial health check has awarded Capital Hire Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£14.1m)
- Capital Hire Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (12.4%)
- Capital Hire Limited
12.4% - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (29.2%)
- Capital Hire Limited
29.2% - Industry AVG
Profitability
an operating margin of -5.8% make it less profitable than the average company (11.8%)
- Capital Hire Limited
11.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (35)
4 - Capital Hire Limited
35 - Industry AVG
Pay Structure
on an average salary of £44.1k, the company has an equivalent pay structure (£44.1k)
- Capital Hire Limited
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £913.6k, this is more efficient (£303k)
- Capital Hire Limited
£303k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (33 days)
- Capital Hire Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (23 days)
- Capital Hire Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Capital Hire Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (3 weeks)
2 weeks - Capital Hire Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a similar level of debt than the average (78.8%)
76% - Capital Hire Limited
78.8% - Industry AVG
CAPITAL HIRE LIMITED financials
Capital Hire Limited's latest turnover from April 2024 is estimated at £3.7 million and the company has net assets of £429.8 thousand. According to their latest financial statements, Capital Hire Limited has 4 employees and maintains cash reserves of £24.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,107,315 | 3,134,071 | 2,422,328 | 2,983,401 | 2,551,855 | 2,473,221 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 979,743 | 738,159 | 1,161,517 | 1,177,338 | 885,378 | 825,844 | |||||||||
| Gross Profit | 2,127,572 | 2,395,912 | 1,260,811 | 1,806,063 | 1,666,477 | 1,647,377 | |||||||||
| Admin Expenses | 1,961,147 | 1,637,269 | 1,021,837 | 1,448,953 | 1,225,528 | 1,332,454 | |||||||||
| Operating Profit | 166,425 | 758,643 | 238,974 | 357,110 | 440,949 | 314,923 | |||||||||
| Interest Payable | 230,700 | 345,987 | 114,796 | 243,859 | 182,467 | 161,383 | |||||||||
| Interest Receivable | 12,969 | 18,686 | |||||||||||||
| Pre-Tax Profit | -64,275 | 412,656 | 124,178 | 113,251 | 271,451 | 172,226 | |||||||||
| Tax | 25,948 | -59,275 | -27,309 | -21,817 | -159,150 | -10,927 | |||||||||
| Profit After Tax | -38,327 | 353,381 | 96,869 | 91,434 | 112,301 | 161,299 | |||||||||
| Dividends Paid | 120,000 | 120,000 | |||||||||||||
| Retained Profit | -38,327 | 353,381 | 96,869 | 91,434 | -7,699 | 41,299 | |||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 10 | 10 | 10 | 10 | ||||||||||
| EBITDA* | 1,268,141 | 1,551,620 | 900,484 | 1,128,516 | 874,921 | 882,528 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 569,806 | 408,916 | 525,539 | 793,155 | 2,811,561 | 4,358,960 | 7,801,488 | 4,326,619 | 4,965,056 | 5,889,620 | 3,073,137 | 2,982,501 | 3,449,012 | 2,366,036 | 2,443,972 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 75,000 | 75,000 | 75,000 | 75,000 | |||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 569,806 | 408,916 | 525,539 | 793,155 | 2,811,561 | 4,358,960 | 7,801,488 | 4,326,619 | 4,965,056 | 5,889,620 | 3,073,137 | 3,057,501 | 3,524,012 | 2,441,036 | 2,518,972 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,196,783 | 1,795,779 | 889,800 | 1,078,835 | 1,036,171 | 480,889 | 657,041 | 541,590 | 447,707 | 1,308,838 | 945,044 | 1,290,425 | 83,296 | 259,999 | 1,459,323 |
| Group Debtors | 235,332 | 503,946 | 666,735 | ||||||||||||
| Misc Debtors | 1,590,303 | 1,472,634 | 243,576 | 1,161,387 | 976,577 | 972,683 | 694,644 | 663,377 | 647,797 | 73,234 | |||||
| Cash | 24,882 | 15,411 | 23,704 | 294,935 | 28,614 | 509,165 | 47 | 387 | |||||||
| misc current assets | 250 | ||||||||||||||
| total current assets | 1,221,665 | 1,811,190 | 2,503,807 | 2,551,469 | 1,515,079 | 1,642,276 | 1,928,553 | 1,514,273 | 1,142,351 | 1,337,452 | 1,454,209 | 1,290,425 | 1,250,619 | 1,574,578 | 1,533,194 |
| total assets | 1,791,471 | 2,220,106 | 3,029,346 | 3,344,624 | 4,326,640 | 6,001,236 | 9,730,041 | 5,840,892 | 6,107,407 | 7,227,072 | 4,527,346 | 4,347,926 | 4,774,631 | 4,015,614 | 4,052,166 |
| Bank overdraft | 243,635 | 108,913 | 141,923 | 40,971 | 79,623 | 12,730 | 460,331 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 498,287 | 577,433 | 614,635 | 441,457 | 9,041 | 208,092 | 175,683 | 19,494 | 1,448 | 1,064,378 | 1,580,449 | 1,449,736 | 1,653,166 | 1,446,898 | |
| Group/Directors Accounts | 176,362 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 602,156 | ||||||||||||||
| other current liabilities | 278,605 | 701,608 | 273,203 | 2,055,222 | 1,299,448 | 766,764 | 731,448 | 496,740 | |||||||
| total current liabilities | 498,287 | 577,433 | 1,136,875 | 1,251,978 | 424,167 | 2,304,285 | 1,475,131 | 865,881 | 745,626 | 1,064,378 | 1,580,449 | 1,449,736 | 1,829,528 | 1,559,227 | 1,446,898 |
| loans | 450,000 | 547,097 | 297,097 | 333,240 | 369,276 | 405,311 | 500,000 | 651,000 | |||||||
| hp & lease commitments | 1,394,232 | 5,807,225 | 2,778,977 | 1,089,749 | 459,862 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 821,666 | 959,260 | 509,260 | 1,695,155 | 3,617,707 | 4,471,871 | 1,478,004 | 1,550,331 | 1,208,191 | ||||||
| provisions | 41,703 | 41,703 | 41,703 | 82,078 | 273,734 | 334,083 | 393,251 | 398,946 | 389,166 | 367,349 | 260,310 | 247,231 | 253,738 | 236,210 | 329,061 |
| total long term liabilities | 863,369 | 1,000,963 | 1,000,963 | 629,175 | 2,265,986 | 2,061,555 | 6,569,752 | 3,583,234 | 4,006,873 | 4,839,220 | 1,738,314 | 1,797,562 | 1,843,487 | 1,347,072 | 1,537,252 |
| total liabilities | 1,361,656 | 1,578,396 | 2,137,838 | 1,881,153 | 2,690,153 | 4,365,840 | 8,044,883 | 4,449,115 | 4,752,499 | 5,903,598 | 3,318,763 | 3,247,298 | 3,673,015 | 2,906,299 | 2,984,150 |
| net assets | 429,815 | 641,710 | 891,508 | 1,463,471 | 1,636,487 | 1,635,396 | 1,685,158 | 1,391,777 | 1,354,908 | 1,323,474 | 1,208,583 | 1,100,628 | 1,101,616 | 1,109,315 | 1,068,016 |
| total shareholders funds | 429,815 | 641,710 | 891,508 | 1,463,471 | 1,636,487 | 1,635,396 | 1,685,158 | 1,391,777 | 1,354,908 | 1,323,474 | 1,208,583 | 1,100,628 | 1,101,616 | 1,109,315 | 1,068,016 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 166,425 | 758,643 | 238,974 | 357,110 | 440,949 | 314,923 | |||||||||
| Depreciation | 49,158 | 19,595 | 49,289 | 197,282 | 448,532 | 1,101,716 | 792,977 | 661,510 | 771,406 | 579,529 | 465,514 | 524,169 | 433,972 | 567,605 | 945,750 |
| Amortisation | |||||||||||||||
| Tax | 25,948 | -59,275 | -27,309 | -21,817 | -159,150 | -10,927 | |||||||||
| Stock | |||||||||||||||
| Debtors | -598,996 | -684,324 | -71,366 | 1,036,390 | -127,197 | 8,658 | 119,345 | 371,922 | -166,487 | 363,794 | -345,381 | 39,806 | -323,912 | 41,974 | 1,532,557 |
| Creditors | -79,146 | -37,202 | 173,178 | 432,416 | -199,051 | 32,409 | 156,189 | 18,046 | -1,062,930 | -516,071 | 130,713 | -203,430 | 1,653,166 | -1,446,898 | 1,446,898 |
| Accruals and Deferred Income | -278,605 | -423,003 | 428,405 | -1,782,019 | 755,774 | 532,684 | 35,316 | 731,448 | -496,740 | 496,740 | |||||
| Deferred Taxes & Provisions | -40,375 | -191,656 | -60,349 | -59,168 | -5,695 | 9,780 | 21,817 | 107,039 | 13,079 | -6,507 | 17,528 | -92,851 | 329,061 | ||
| Cash flow from operations | 2,014,446 | 2,056,178 | 564,395 | 963,521 | 2,213,637 | -213,382 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -75,000 | 75,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -176,362 | 176,362 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -450,000 | -97,097 | 250,000 | -36,143 | -36,036 | -36,035 | 405,311 | -500,000 | -151,000 | 651,000 | |||||
| Hire Purchase and Lease Commitments | -1,394,232 | -4,412,993 | 3,028,248 | 2,778,977 | -1,089,749 | 27,731 | 1,062,018 | ||||||||
| other long term liabilities | -137,594 | 450,000 | 509,260 | -1,695,155 | 1,695,155 | -3,617,707 | -854,164 | 2,993,867 | -72,327 | 1,550,331 | -1,208,191 | 1,208,191 | |||
| share issue | |||||||||||||||
| interest | -230,700 | -345,987 | -114,796 | -243,859 | -169,498 | -142,697 | |||||||||
| cash flow from financing | -4,691,164 | 2,586,226 | -608,215 | -1,158,023 | -116,405 | 362,130 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 9,471 | -8,293 | 23,704 | -294,935 | 294,935 | -28,614 | -480,551 | 509,165 | -47 | -340 | 387 | ||||
| overdraft | -243,635 | 134,722 | -33,010 | 100,952 | 40,971 | -79,623 | 66,893 | 12,730 | -460,331 | 460,331 | |||||
| change in cash | 9,471 | 235,342 | -111,018 | 33,010 | -100,952 | -335,906 | 374,558 | -66,893 | -41,344 | -480,551 | 509,165 | 460,284 | -460,671 | 387 |
capital hire limited Credit Report and Business Information
Capital Hire Limited Competitor Analysis
Perform a competitor analysis for capital hire limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N20 area or any other competitors across 12 key performance metrics.
capital hire limited Ownership
CAPITAL HIRE LIMITED group structure
Capital Hire Limited has no subsidiary companies.
Ultimate parent company
CAPITAL HIRE LIMITED
03665780
capital hire limited directors
Capital Hire Limited currently has 1 director, Mr Mahash Patel serving since Nov 1998.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mahash Patel | England | 63 years | Nov 1998 | - | Director |
P&L
April 2024turnover
3.7m
-22%
operating profit
-213k
0%
gross margin
18.2%
-4.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
429.8k
-0.33%
total assets
1.8m
-0.19%
cash
24.9k
+0.61%
net assets
Total assets minus all liabilities
capital hire limited company details
company number
03665780
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
November 1998
age
27
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2024
previous names
capital hire plc (October 2008)
accountant
PRICE MANN LIMITED
auditor
-
address
30 totteridge common, london, N20 8NE
Bank
BARCLAYS BANK PLC
Legal Advisor
-
capital hire limited Charges & Mortgages
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 10 charges/mortgages relating to capital hire limited. Currently there are 10 open charges and 0 have been satisfied in the past.
capital hire limited Capital Raised & Share Issues BETA
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.
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capital hire limited Companies House Filings - See Documents
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