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Smiths Equipment Hire Limited

00992884

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

DE HAVILLAND HOUSE, BLACKPOOL, FY4 2DP
Incorporated 28/10/1970

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr David Waldo Smith

director · Since 23/04/1991

MANAGER

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Mr Thomas Geoffrey Smith

director · Since 23/04/1991

MANAGER

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Smiths Equipment Hire (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

De Havilland House, 15-16 Avroe Crescent, Blackpool, FY4 2DP

Reg: 05048553 · Register Of Companies In England And Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

ING LEASE (UK) LIMITED

Created 24/05/2010Registered 26/05/2010Satisfied 25/10/2021
charge
satisfied

YORKSHIRE BANK PLC

Created 29/11/2002Registered 30/11/2002Satisfied 25/10/2021
charge
satisfied

YORKSHIRE BANK PLC

Created 17/08/1998Registered 18/08/1998Satisfied 25/10/2021
charge
satisfied

YORKSHIRE BANK PLC

Created 09/07/1993Registered 22/07/1993Satisfied 29/02/1996
charge
satisfied

YORKSHIRE BANK PLC

Created 16/04/1993Registered 19/04/1993Satisfied 25/10/2021
charge
satisfied

YORKSHIRE BANK PLC

Created 30/03/1990Registered 31/03/1990Satisfied 25/10/2021
charge
satisfied

YORKSHIRE BANK PLC

Created 29/03/1990Registered 30/03/1990Satisfied 24/10/2021
charge
outstanding

YORKSHIRE BANK PLC

Created 26/07/1989Registered 01/08/1989
charge
satisfied

YORKSHIRE BANK PLC

Created 19/05/1989Registered 23/05/1989Satisfied 24/10/2021
charge
satisfied

YORKSHIRE BANK PLC

Created 19/05/1989Registered 23/05/1989Satisfied 24/10/2021
charge
satisfied

YORKSHIRE BANK PLC

Created 19/05/1989Registered 23/05/1989Satisfied 19/03/1999
charge
satisfied

YORKSHIRE BANK PLC

Created 19/05/1989Registered 23/05/1989Satisfied 27/12/1990
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/07/1988Registered 05/08/1988Satisfied 07/07/1989
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/04/1988Registered 21/04/1988Satisfied 07/07/1989
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/09/1987Registered 15/09/1987Satisfied 07/07/1989
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/04/1986Registered 28/04/1986Satisfied 07/07/1989
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/11/1985Registered 13/11/1985Satisfied 31/08/1989
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/10/1985Registered 04/11/1985Satisfied 07/07/1989
charge
satisfied

YORKSHIRE BANK PLC

Created 03/06/1984Registered 06/06/1984
charge
satisfied

YORKSHIRE BANK PLC

Created 12/10/1983Registered 19/10/1983

CompanyRankvs 7152+ SIC 43999 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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7152Smiths Equipment Hire Limited
72
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 28/02/2025

Turnover

£19.9M

Annual revenue

Net Worth

£11.1M

Balance sheet strength

Cash

£52k

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

-£2.5M

Working capital

Current Assets

£4.0M

Current Liabilities

£6.5M

Fixed Assets

£16.7M

Debtors

£3.3M

Cost of Sales

£11.0M

Gross Profit

£9.0M

Admin Expenses

£7.4M

Operating Profit

£1.6M

Profit After Tax

£919k

191avg. employees+5

Tax at Year End

Corp tax£246k
Dividends paid£1.2M

People Costs

Wages & salaries£6.4M
NI contributions£645k

Balance Sheet

Assets less current liabilities£14.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62+£919k
20240.56+£179k
20230.79+£1.6M
20220.71+£615k
20210.93+£2.7M
20190.55+£1.4M
20170.56—

Derived from filed accounts. Not audited figures.