easy hire services limited
easy hire services limited Company Information
Group Structure
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Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered Address
10 sylvan way, grange estate, ch, 10 sylvan way, grange estate, fleet, hampshire, GU52 6QP
Website
www.easyhireservices.comeasy hire services limited Estimated Valuation
Pomanda estimates the enterprise value of EASY HIRE SERVICES LIMITED at £62.9k based on a Turnover of £93.5k and 0.67x industry multiple (adjusted for size and gross margin).
easy hire services limited Estimated Valuation
Pomanda estimates the enterprise value of EASY HIRE SERVICES LIMITED at £0 based on an EBITDA of £-729 and a 3.02x industry multiple (adjusted for size and gross margin).
easy hire services limited Estimated Valuation
Pomanda estimates the enterprise value of EASY HIRE SERVICES LIMITED at £0 based on Net Assets of £-27.9k and 2.38x industry multiple (adjusted for liquidity).
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Easy Hire Services Limited Overview
Easy Hire Services Limited is a live company located in fleet, GU52 6QP with a Companies House number of 06679572. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in August 2008, it's largest shareholder is gerald ford with a 100% stake. Easy Hire Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £93.5k with declining growth in recent years.
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Easy Hire Services Limited Health Check
Pomanda's financial health check has awarded Easy Hire Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £93.5k, make it smaller than the average company (£9.2m)
- Easy Hire Services Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (5.8%)
- Easy Hire Services Limited
5.8% - Industry AVG
Production
with a gross margin of 46.4%, this company has a comparable cost of product (46.4%)
- Easy Hire Services Limited
46.4% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (11.5%)
- Easy Hire Services Limited
11.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
1 - Easy Hire Services Limited
38 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Easy Hire Services Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £93.5k, this is less efficient (£207.2k)
- Easy Hire Services Limited
£207.2k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (61 days)
- Easy Hire Services Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (51 days)
- Easy Hire Services Limited
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Easy Hire Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Easy Hire Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 216%, this is a higher level of debt than the average (63.1%)
216% - Easy Hire Services Limited
63.1% - Industry AVG
EASY HIRE SERVICES LIMITED financials
Easy Hire Services Limited's latest turnover from August 2023 is estimated at £93.5 thousand and the company has net assets of -£27.9 thousand. According to their latest financial statements, Easy Hire Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 133,817 | 115,850 | 60,499 | 33,176 | 36,299 | 43,727 | 10,370 | 58,930 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 119,434 | 94,945 | 47,408 | 17,780 | 27,141 | 24,334 | 6,437 | 52,613 | |||||||
| Gross Profit | 14,383 | 20,905 | 13,091 | 15,396 | 9,158 | 19,393 | 3,933 | 6,317 | |||||||
| Admin Expenses | -8,611 | 5,462 | 4,856 | 7,757 | 8,274 | 20,265 | 6,213 | 4,256 | |||||||
| Operating Profit | 22,994 | 15,443 | 8,235 | 7,639 | 884 | -872 | -2,280 | 2,061 | |||||||
| Interest Payable | 91 | ||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -8,702 | 5,462 | 4,856 | 7,639 | 884 | -872 | -2,280 | 2,061 | |||||||
| Tax | 71 | -433 | |||||||||||||
| Profit After Tax | -8,702 | 5,462 | 4,856 | 7,639 | 884 | -872 | -2,209 | 1,628 | |||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -8,702 | 5,462 | 4,856 | 7,639 | 884 | -872 | -2,209 | 1,628 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* | 26,015 | 17,782 | 11,432 | 11,393 | 5,048 | 3,830 | 764 | 2,173 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,858 | 17,971 | 12,637 | 12,030 | 13,616 | 15,459 | 17,618 | 20,160 | 20,948 | 23,287 | 26,484 | 29,398 | 31,562 | 26,895 | 338 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 15,858 | 17,971 | 12,637 | 12,030 | 13,616 | 15,459 | 17,618 | 20,160 | 20,948 | 23,287 | 26,484 | 29,398 | 31,562 | 26,895 | 338 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 8,222 | 7,165 | 4,273 | 6,534 | 7,618 | 22,115 | 41,243 | 19,501 | 10,967 | 15,743 | 5,279 | 4,271 | 3,847 | 14,184 | 2,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 889 | 585 | 2,940 | 4,607 | 5,462 | 1,107 | |||||||||
| Cash | 159 | 48 | 646 | 862 | 21,039 | 301 | |||||||||
| misc current assets | 1 | ||||||||||||||
| total current assets | 8,222 | 7,165 | 4,273 | 6,534 | 8,508 | 22,115 | 41,243 | 19,501 | 11,126 | 15,743 | 5,912 | 7,857 | 9,316 | 40,685 | 3,408 |
| total assets | 24,080 | 25,136 | 16,910 | 18,564 | 22,124 | 37,574 | 58,861 | 39,661 | 32,074 | 39,030 | 32,396 | 37,255 | 40,878 | 67,580 | 3,746 |
| Bank overdraft | 13,150 | 15,168 | 11,192 | 11,187 | 3,873 | 609 | |||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 370 | 40,943 | 45,870 | 18,513 | 1 | 191 | 190 | 190 | |||||||
| Group/Directors Accounts | 21,245 | 735 | 2,283 | 925 | 2,351 | 9,788 | 16,864 | 20,137 | 33,925 | 40,638 | 67,069 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 11,999 | 3,276 | 3,827 | 29,304 | 18,221 | 4,896 | 9,628 | 5,187 | 3,897 | 1,500 | 900 | 1,855 | |||
| total current liabilities | 46,764 | 40,943 | 45,870 | 18,513 | 19,179 | 17,302 | 41,416 | 24,445 | 14,684 | 27,102 | 25,324 | 37,822 | 42,329 | 68,159 | 2,045 |
| loans | 5,250 | 2,521 | 4,700 | 6,528 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 8,250 | 11,250 | 14,250 | ||||||||||||
| provisions | 71 | ||||||||||||||
| total long term liabilities | 5,250 | 8,250 | 11,250 | 14,250 | 2,521 | 4,700 | 6,528 | 71 | |||||||
| total liabilities | 52,014 | 49,193 | 57,120 | 32,763 | 19,179 | 19,823 | 46,116 | 30,973 | 14,684 | 27,102 | 25,324 | 37,822 | 42,329 | 68,159 | 2,116 |
| net assets | -27,934 | -24,057 | -40,210 | -14,199 | 2,945 | 17,751 | 12,745 | 8,688 | 17,390 | 11,928 | 7,072 | -567 | -1,451 | -579 | 1,630 |
| total shareholders funds | -27,934 | -24,057 | -40,210 | -14,199 | 2,945 | 17,751 | 12,745 | 8,688 | 17,390 | 11,928 | 7,072 | -567 | -1,451 | -579 | 1,630 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 22,994 | 15,443 | 8,235 | 7,639 | 884 | -872 | -2,280 | 2,061 | |||||||
| Depreciation | 2,113 | 2,466 | 2,030 | 1,586 | 1,843 | 2,159 | 2,542 | 3,021 | 2,339 | 3,197 | 3,754 | 4,164 | 4,702 | 3,044 | 112 |
| Amortisation | |||||||||||||||
| Tax | 71 | -433 | |||||||||||||
| Stock | |||||||||||||||
| Debtors | 1,057 | 2,892 | -2,261 | -1,973 | -13,608 | -19,128 | 21,742 | 8,534 | -4,776 | 9,879 | -1,347 | -1,243 | -11,192 | 16,539 | 3,107 |
| Creditors | -40,573 | -4,927 | 27,357 | 18,513 | -1 | 1 | -191 | 1 | 190 | ||||||
| Accruals and Deferred Income | 11,999 | -3,276 | -551 | -25,477 | 11,083 | 13,325 | -4,732 | 4,441 | 1,290 | 2,397 | 600 | -955 | 1,855 | ||
| Deferred Taxes & Provisions | -71 | 71 | |||||||||||||
| Cash flow from operations | 30,806 | 17,825 | 5,995 | 14,030 | 8,497 | 15,623 | -16,730 | 749 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 21,245 | -735 | -1,548 | 1,358 | -1,426 | -7,437 | -7,076 | -3,273 | -13,788 | -6,713 | -26,431 | 67,069 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 5,250 | -2,521 | -2,179 | -1,828 | 6,528 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -8,250 | -3,000 | -3,000 | 14,250 | |||||||||||
| share issue | |||||||||||||||
| interest | -91 | ||||||||||||||
| cash flow from financing | -1,000 | -7,076 | -13,788 | -6,713 | -26,431 | 67,069 | 2 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -159 | 159 | -48 | -598 | -216 | -20,177 | 20,738 | 301 | |||||||
| overdraft | 13,150 | -15,168 | 3,976 | 5 | 7,314 | 3,873 | -609 | 609 | |||||||
| change in cash | -13,150 | 15,168 | -3,976 | -5 | -7,314 | -4,032 | 768 | -657 | -598 | -216 | -20,177 | 20,738 | 301 |
easy hire services limited Credit Report and Business Information
Easy Hire Services Limited Competitor Analysis
Perform a competitor analysis for easy hire services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in GU52 area or any other competitors across 12 key performance metrics.
easy hire services limited Ownership
EASY HIRE SERVICES LIMITED group structure
Easy Hire Services Limited has no subsidiary companies.
Ultimate parent company
EASY HIRE SERVICES LIMITED
06679572
easy hire services limited directors
Easy Hire Services Limited currently has 1 director, Ms Virginia Palmer serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Virginia Palmer | United Kingdom | 74 years | Mar 2019 | - | Director |
P&L
August 2023turnover
93.5k
-50%
operating profit
-2.8k
0%
gross margin
46.5%
+1.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-27.9k
+0.16%
total assets
24.1k
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
easy hire services limited company details
company number
06679572
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
August 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
10 sylvan way, grange estate, ch, 10 sylvan way, grange estate, fleet, hampshire, GU52 6QP
Bank
-
Legal Advisor
-
easy hire services 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 did not find charges/mortgages relating to easy hire services limited.
easy hire services 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.
Click to start generating capital raising & share issue transactions for EASY HIRE SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
easy hire services limited Companies House Filings - See Documents
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