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R. Savage Plant Hire Co. Limited

02304174

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

222 ST. MARGARETS ROAD, BIRMINGHAM, B8 2BG
Incorporated 12/10/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Paul Savage

director · Since 12/10/1991

JOINT MD

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mrs Joy Smith

director · Since 12/10/1991

JOINT MD

BRITISH · UNITED KINGDOM · Age 64

Also on 9 other boards

Mrs Joy Smith

secretary · Since 01/04/2006

BRITISH · UNITED KINGDOM · Age 64

Also on 9 other boards

Mr Benjamin George Savage

director · Since 01/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 32

Mrs Amy Elizabeth Stride

director · Since 11/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Savage Plant Ltd

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

222, St. Margarets Road, Birmingham, B8 2BG

Reg: 01048171 · England & Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 12/04/2021Registered 14/04/2021
charge
outstanding

R SAVAGE PLANT HIRE CO LIMITED

Created 02/01/1991Registered 04/01/1991

CompanyRankvs 82+ SIC 77320 peers
76

Financial strength92th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.3× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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82R. Savage Plant Hire Co. Limited
86
How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£510k

Fixed Assets

£1.7M

Debtors

£1.5M

10avg. employees

Balance Sheet

Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.30+£84k
20233.63+£87k
20223.94—

Derived from filed accounts. Not audited figures.