nat1onal equipment rental ltd Company Information
Company Number
06884817
Next Accounts
Jan 2026
Shareholders
mark philpin & debra philpin
lee quinn
View AllGroup Structure
View All
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Registered Address
940 green lanes, london, N21 2AD
Website
rentnational.comnat1onal equipment rental ltd Estimated Valuation
Pomanda estimates the enterprise value of NAT1ONAL EQUIPMENT RENTAL LTD at £2.1m based on a Turnover of £3.7m and 0.58x industry multiple (adjusted for size and gross margin).
nat1onal equipment rental ltd Estimated Valuation
Pomanda estimates the enterprise value of NAT1ONAL EQUIPMENT RENTAL LTD at £5m based on an EBITDA of £1.6m and a 3.07x industry multiple (adjusted for size and gross margin).
nat1onal equipment rental ltd Estimated Valuation
Pomanda estimates the enterprise value of NAT1ONAL EQUIPMENT RENTAL LTD at £3.1m based on Net Assets of £1.4m and 2.21x industry multiple (adjusted for liquidity).
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Nat1onal Equipment Rental Ltd Overview
Nat1onal Equipment Rental Ltd is a live company located in london, N21 2AD with a Companies House number of 06884817. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in April 2009, it's largest shareholder is mark philpin & debra philpin with a 80% stake. Nat1onal Equipment Rental Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.7m with low growth in recent years.
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Nat1onal Equipment Rental Ltd Health Check
Pomanda's financial health check has awarded Nat1Onal Equipment Rental Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
7 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£13.5m)
- Nat1onal Equipment Rental Ltd
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (11.5%)
- Nat1onal Equipment Rental Ltd
11.5% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Nat1onal Equipment Rental Ltd
36.1% - Industry AVG
Profitability
an operating margin of 12.6% make it as profitable than the average company (11.4%)
- Nat1onal Equipment Rental Ltd
11.4% - Industry AVG
Employees
with 22 employees, this is below the industry average (63)
22 - Nat1onal Equipment Rental Ltd
63 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- Nat1onal Equipment Rental Ltd
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £166.5k, this is less efficient (£231.7k)
- Nat1onal Equipment Rental Ltd
£231.7k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (59 days)
- Nat1onal Equipment Rental Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is quicker than average (45 days)
- Nat1onal Equipment Rental Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nat1onal Equipment Rental Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Nat1onal Equipment Rental Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.5%, this is a higher level of debt than the average (57.8%)
77.5% - Nat1onal Equipment Rental Ltd
57.8% - Industry AVG
NAT1ONAL EQUIPMENT RENTAL LTD financials
Nat1Onal Equipment Rental Ltd's latest turnover from April 2024 is estimated at £3.7 million and the company has net assets of £1.4 million. According to their latest financial statements, Nat1Onal Equipment Rental Ltd has 22 employees and maintains cash reserves of £113.4 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 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 22 | 22 | 20 | 20 | 20 | 19 | 10 | ||||||||
EBITDA* |
* 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 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 5,468,065 | 4,804,696 | 4,782,360 | 4,148,876 | 3,198,454 | 2,829,902 | 2,264,415 | 1,891,474 | 1,508,132 | 943,479 | 522,859 | 197,482 | 1,767 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 5,468,065 | 4,804,696 | 4,782,360 | 4,148,876 | 3,198,454 | 2,829,902 | 2,264,415 | 1,891,474 | 1,508,132 | 943,479 | 522,859 | 197,482 | 1,767 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 623,730 | 1,158,736 | 740,918 | 799,423 | 420,108 | 861,460 | 869,545 | 864,112 | 754,128 | 712,925 | 572,614 | 496,448 | 205,006 | 72,044 | 115,023 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,400 | 0 | 0 | 0 | 0 | 0 | 12,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 113,412 | 192,868 | 181,306 | 270,625 | 220,913 | 279,140 | 114,363 | 13,510 | 552 | 28,525 | 4,226 | 1,668 | 76 | 1,203 | 28 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 738,542 | 1,351,604 | 922,224 | 1,070,048 | 641,021 | 1,140,600 | 996,308 | 877,622 | 754,680 | 741,450 | 576,840 | 498,116 | 205,082 | 73,247 | 115,051 |
total assets | 6,206,607 | 6,156,300 | 5,704,584 | 5,218,924 | 3,839,475 | 3,970,502 | 3,260,723 | 2,769,096 | 2,262,812 | 1,684,929 | 1,099,699 | 695,598 | 206,849 | 73,247 | 115,051 |
Bank overdraft | 14,873 | 226,659 | 63,195 | 192,828 | 165,634 | 356,866 | 255,864 | 480,925 | 338,802 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 253,171 | 290,310 | 182,663 | 230,782 | 234,097 | 300,011 | 226,589 | 157,379 | 250,889 | 1,246,552 | 772,026 | 476,109 | 97,054 | 72,673 | 112,489 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 1,314,382 | 1,190,289 | 1,077,630 | 1,312,943 | 745,450 | 665,696 | 575,053 | 517,717 | 501,535 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,204,202 | 1,220,034 | 1,189,659 | 1,130,165 | 1,099,767 | 991,364 | 953,223 | 852,304 | 399,637 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,786,628 | 2,927,292 | 2,513,147 | 2,866,718 | 2,244,948 | 2,313,937 | 2,010,729 | 2,008,325 | 1,490,863 | 1,246,552 | 772,026 | 476,109 | 97,054 | 72,673 | 112,489 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 1,093,177 | 1,371,638 | 1,641,722 | 1,022,868 | 681,994 | 651,141 | 695,897 | 514,001 | 564,330 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 39,814 | 116,494 | 138,404 | 230,943 | 202,170 | 273,912 | 0 | 0 | 0 | 270,422 | 169,561 | 86,157 | 0 | 0 | 0 |
provisions | 887,993 | 682,750 | 443,200 | 310,000 | 172,000 | 120,000 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 2,020,984 | 2,170,882 | 2,223,326 | 1,563,811 | 1,056,164 | 1,045,053 | 815,897 | 514,001 | 564,330 | 270,422 | 169,561 | 86,157 | 0 | 0 | 0 |
total liabilities | 4,807,612 | 5,098,174 | 4,736,473 | 4,430,529 | 3,301,112 | 3,358,990 | 2,826,626 | 2,522,326 | 2,055,193 | 1,516,974 | 941,587 | 562,266 | 97,054 | 72,673 | 112,489 |
net assets | 1,398,995 | 1,058,126 | 968,111 | 788,395 | 538,363 | 611,512 | 434,097 | 246,770 | 207,619 | 167,955 | 158,112 | 133,332 | 109,795 | 574 | 2,562 |
total shareholders funds | 1,398,995 | 1,058,126 | 968,111 | 788,395 | 538,363 | 611,512 | 434,097 | 246,770 | 207,619 | 167,955 | 158,112 | 133,332 | 109,795 | 574 | 2,562 |
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 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 1,152,688 | 1,046,862 | 1,018,548 | 808,510 | 688,902 | 537,551 | 331,833 | 247,678 | 127,104 | 48,676 | 7,603 | 233 | 0 | 0 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -533,606 | 417,818 | -58,505 | 379,315 | -441,352 | -20,485 | 17,833 | 109,984 | 41,203 | 140,311 | 76,166 | 291,442 | 132,962 | -42,979 | 115,023 |
Creditors | -37,139 | 107,647 | -48,119 | -3,315 | -65,914 | 73,422 | 69,210 | -93,510 | -995,663 | 474,526 | 295,917 | 379,055 | 24,381 | -39,816 | 112,489 |
Accruals and Deferred Income | -15,832 | 30,375 | 59,494 | 30,398 | 108,403 | 38,141 | 100,919 | 452,667 | 399,637 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 205,243 | 239,550 | 133,200 | 138,000 | 52,000 | 0 | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -154,368 | -157,425 | 383,541 | 908,367 | 110,607 | 45,887 | 239,232 | -34,147 | 1,065,865 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -76,680 | -21,910 | -92,539 | 28,773 | -71,742 | 273,912 | 0 | 0 | -270,422 | 100,861 | 83,404 | 86,157 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -79,456 | 11,562 | -89,319 | 49,712 | -58,227 | 164,777 | 100,853 | 12,958 | -27,973 | 24,299 | 2,558 | 1,592 | -1,127 | 1,175 | 28 |
overdraft | -211,786 | 163,464 | -129,633 | 27,194 | -191,232 | 101,002 | -225,061 | 142,123 | 338,802 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 132,330 | -151,902 | 40,314 | 22,518 | 133,005 | 63,775 | 325,914 | -129,165 | -366,775 | 24,299 | 2,558 | 1,592 | -1,127 | 1,175 | 28 |
nat1onal equipment rental ltd Credit Report and Business Information
Nat1onal Equipment Rental Ltd Competitor Analysis
Perform a competitor analysis for nat1onal equipment rental ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N21 area or any other competitors across 12 key performance metrics.
nat1onal equipment rental ltd Ownership
NAT1ONAL EQUIPMENT RENTAL LTD group structure
Nat1Onal Equipment Rental Ltd has no subsidiary companies.
Ultimate parent company
NAT1ONAL EQUIPMENT RENTAL LTD
06884817
nat1onal equipment rental ltd directors
Nat1Onal Equipment Rental Ltd currently has 2 directors. The longest serving directors include Lee Quinn (Apr 2009) and Mr Mark Philpin (Apr 2009).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Lee Quinn | United Kingdom | 67 years | Apr 2009 | - | Director |
Mr Mark Philpin | United Kingdom | 67 years | Apr 2009 | - | Director |
P&L
April 2024turnover
3.7m
-27%
operating profit
460k
0%
gross margin
36.2%
+4.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
1.4m
+0.32%
total assets
6.2m
+0.01%
cash
113.4k
-0.41%
net assets
Total assets minus all liabilities
nat1onal equipment rental ltd company details
company number
06884817
Type
Private limited with Share Capital
industry
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
April 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
GRAEME BRUCE & PARTNERS LLP
auditor
-
address
940 green lanes, london, N21 2AD
Bank
-
Legal Advisor
-
nat1onal equipment rental ltd 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 5 charges/mortgages relating to nat1onal equipment rental ltd. Currently there are 1 open charges and 4 have been satisfied in the past.
nat1onal equipment rental ltd 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 NAT1ONAL EQUIPMENT RENTAL LTD. This can take several minutes, an email will notify you when this has completed.
nat1onal equipment rental ltd Companies House Filings - See Documents
date | description | view/download |
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