asset hire ltd
asset hire ltd Company Information
Company Number
13814719
Website
-Registered Address
winton house winton square, basingstoke, hampshire, RG21 8EN
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Paul Carr2 Years
Shareholders
peter carr 26%
paul carr 26%
View Allasset hire ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSET HIRE LTD at £500.6k based on a Turnover of £383.7k and 1.3x industry multiple (adjusted for size and gross margin).
asset hire ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSET HIRE LTD at £1.7m based on an EBITDA of £339.6k and a 4.95x industry multiple (adjusted for size and gross margin).
asset hire ltd Estimated Valuation
Pomanda estimates the enterprise value of ASSET HIRE LTD at £0 based on Net Assets of £-140.5k and 1.71x industry multiple (adjusted for liquidity).
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Asset Hire Ltd Overview
Asset Hire Ltd is a live company located in hampshire, RG21 8EN with a Companies House number of 13814719. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2021, it's largest shareholder is peter carr with a 26% stake. Asset Hire Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £383.7k with unknown growth in recent years.
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Asset Hire Ltd Health Check
Pomanda's financial health check has awarded Asset Hire Ltd a 1.5 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
2 Regular
6 Weak
Size
annual sales of £383.7k, make it smaller than the average company (£18.1m)
- Asset Hire Ltd
£18.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Asset Hire Ltd
- - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Asset Hire Ltd
36.1% - Industry AVG
Profitability
an operating margin of -20.2% make it less profitable than the average company (5.1%)
- Asset Hire Ltd
5.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (106)
- Asset Hire Ltd
106 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Asset Hire Ltd
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £127.9k, this is less efficient (£178.7k)
- Asset Hire Ltd
£178.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (47 days)
- Asset Hire Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 239 days, this is slower than average (48 days)
- Asset Hire Ltd
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Asset Hire Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Asset Hire Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.4%, this is a higher level of debt than the average (69.9%)
110.4% - Asset Hire Ltd
69.9% - Industry AVG
asset hire ltd Credit Report and Business Information
Asset Hire Ltd Competitor Analysis
Perform a competitor analysis for asset hire ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
asset hire ltd Ownership
ASSET HIRE LTD group structure
Asset Hire Ltd has no subsidiary companies.
Ultimate parent company
ASSET HIRE LTD
13814719
asset hire ltd directors
Asset Hire Ltd currently has 1 director, Mr Paul Carr serving since Dec 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Carr | United Kingdom | 56 years | Dec 2021 | - | Director |
ASSET HIRE LTD financials
Asset Hire Ltd's latest turnover from December 2022 is estimated at £383.7 thousand and the company has net assets of -£140.5 thousand. According to their latest financial statements, we estimate that Asset Hire Ltd has 3 employees and maintains cash reserves of £25.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | |
|---|---|
| Tangible Assets | 1,235,984 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 1,235,984 |
| Stock & work in progress | 0 |
| Trade Debtors | 13,458 |
| Group Debtors | 0 |
| Misc Debtors | 1 |
| Cash | 25,236 |
| misc current assets | 78,943 |
| total current assets | 117,638 |
| total assets | 1,353,622 |
| Bank overdraft | 1,042,016 |
| Bank loan | 0 |
| Trade Creditors | 161,071 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 1,203,087 |
| loans | 291,000 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 291,000 |
| total liabilities | 1,494,087 |
| net assets | -140,465 |
| total shareholders funds | -140,465 |
| Dec 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 417,168 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 13,459 |
| Creditors | 161,071 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 291,000 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 25,236 |
| overdraft | 1,042,016 |
| change in cash | -1,016,780 |
P&L
December 2022turnover
383.7k
0%
operating profit
-77.6k
0%
gross margin
36.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-140.5k
0%
total assets
1.4m
0%
cash
25.2k
0%
net assets
Total assets minus all liabilities
Similar Companies
asset hire ltd company details
company number
13814719
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2021
age
3
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
winton house winton square, basingstoke, hampshire, RG21 8EN
last accounts submitted
December 2022
asset hire 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 did not find charges/mortgages relating to asset hire ltd.
asset hire ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
