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Fairfax Plant Hire Limited

01953454

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

THE OLD BRICKWORKS, SELBY, YO8 6QG
Incorporated 08/10/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Kenneth Love

director · Since 24/09/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Carolyn Love

secretary · Since 09/02/2000

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 7 other boards

Carolyn Love

director · Since 09/02/2000

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 7 other boards

Mr Mark Andrew Love

director · Since 05/02/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Matthew John Love

director · Since 05/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Mark Andrew Love

Significant control

British · England · Age 52

The Old Brickworks, Selby, YO8 6QG

Notified 06/04/2016

Mr Matthew John Love

Significant control

British · England · Age 49

The Old Brickworks, Selby, YO8 6QG

Notified 06/04/2016

K And C Love Limited

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

The Old Brickworks, Hull Road, Selby, YO8 6QG

Reg: 06810543 · England & Wales · Private Limited Company

Notified 14/03/2024

Former PSCs

Carolyn Love

Ceased 14/03/2024

Kenneth Love

Ceased 14/03/2024

Charges4 outstanding

A registered charge
outstanding

HSBC UK BANK PLC

Created 01/07/2026Registered 03/07/2026
Charge
outstanding

HANDELSBANKEN PLC

Created 12/08/2022Registered 12/08/2022
Charge
satisfied

HANDELSBANKEN PLC

Created 01/02/2020Registered 06/02/2020Satisfied 07/02/2020
Charge
satisfied

HANDELSBANKEN PLC

Created 19/06/2019Registered 24/06/2019Satisfied 24/07/2019
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 09/05/2018Registered 09/05/2018Satisfied 02/01/2025
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 31/01/2018Registered 01/02/2018
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 31/01/2018Registered 01/02/2018
Charge
satisfied

CLYDESDALE BANK PLC

Created 29/02/2016Registered 03/03/2016Satisfied 08/04/2020
Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 10/10/2014Registered 10/10/2014Satisfied 30/01/2018
charge
satisfied

CLYDESDALE BANK PLC

Created 21/09/2010Registered 29/09/2010Satisfied 05/05/2015

CompanyRankvs 580+ SIC 77320 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.76× · 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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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

performed, 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 c

Key FinancialsYear ending 30/09/2023

Turnover

£22.4M

Annual revenue

Net Worth

£20.5M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£4.2M

Bottom line earnings

Net Current Assets

-£4.0M

Working capital

Current Assets

£12.8M

Current Liabilities

£16.8M

Fixed Assets

£58.8M

Debtors

£10.6M

Cost of Sales

£12.4M

Gross Profit

£10.0M

Admin Expenses

£6.1M

Operating Profit

£5.5M

Profit After Tax

£3.2M

110avg. employees+17

Tax at Year End

Dividends paid-£244k

People Costs

Wages & salaries£3.6M
NI contributions£370k

Balance Sheet

Bank loans & overdrafts£348k
Assets less current liabilities£54.8M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20230.76+£3.0M
20220.52+£3.8M
20210.40

Derived from filed accounts. Not audited figures.