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Hire Equipment (Ludlow) Limited

02366840

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

HIRE EQUIPMENT (LUDLOW) LTD, PARK, LUDLOW, SY8 1XF
Incorporated 30/03/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mrs Lorraine Elizabeth Jones

secretary · Since 31/05/1991

BRITISH · UNITED KINGDOM · Age 65

Also on 7 other boards

Mrs Lorraine Elizabeth Jones

director · Since 31/05/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 7 other boards

Mr Roger Samuel Jones

director · Since 31/05/1991

MD/HIRE EQUIP (LUDLOW) LT

BRITISH · UNITED KINGDOM · Age 72

Also on 1 other board

Mr Martin William Jones

director · Since 30/01/2020

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Lrcm Limited

75–100% shares

Three Brooks, Harthall, Tenbury Wells, WR15 8HN

Notified 01/05/2016

Charges3 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 28/04/1997Registered 08/05/1997
charge
outstanding

LLOYDS BANK PLC

Created 30/07/1990Registered 13/08/1990
charge
outstanding

LLOYDS BANK PLC

Created 23/05/1989Registered 25/05/1989

CompanyRankvs 118+ SIC 77390 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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118Hire Equipment (Ludlow) Limited
86
How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 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 30/04/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£504k

Cash in the bank

Net Current Assets

£496k

Working capital

Current Assets

£657k

Current Liabilities

£161k

Fixed Assets

£1.8M

Debtors

£142k

5avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20254.07+£80k
20242.67+£50k
20232.62+£118k
20222.59+£22k
20213.78—

Derived from filed accounts. Not audited figures.