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Hoist Hire Services Limited

02398442

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
56 / 100

Notable Risks

30/30
Filing
10/30
Financial
16/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

UNIT 115 SOUTH LIBERTY LANE, BRISTOL, BS3 2SZ
Incorporated 26/06/1989

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

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

Officers

Mr Richard John Palk

secretary · Since 02/10/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 13 other boards

Mr Jeremy Paul Douce

director · Since 02/10/1996

DIRECTOR AND CHAIRMAN

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Mr Richard John Palk

director · Since 02/10/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 13 other boards

Mr Shawn Williamson

director · Since 03/01/2017

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mrs Katy Williamson

director · Since 13/10/2017

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Mr Christopher Peter Douce

director · Since 01/12/2023

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Hoist Hire Holdings Limited

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

Mardle Way, Buckfastleigh, TQ11 0NR

Reg: 11010369 · Companies House · Limited

Notified 13/10/2017

Former PSCs

Hoist Hire (Uk)2 Limited

Ceased 13/10/2017

Hoist Hire Holdings Limited

Ceased 13/10/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 02/05/2020Registered 11/05/2020
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 18/05/2016Registered 19/05/2016

Insolvency History1 case

corporate voluntary arrangement

Jeremiah Anthony O'Sullivan (practitioner)

CompanyRankvs 645+ SIC 77320 peers
55

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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645Hoist Hire Services Limited
71
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.

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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£3.1M

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

-£102k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.6M

Fixed Assets

£5.5M

Debtors

£1.2M

41avg. employees+3

Balance Sheet

Bank loans & overdrafts£60k
Assets less current liabilities£5.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94+£84k
20241.21+£415k
20231.28—

Derived from filed accounts. Not audited figures.