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K2 Plant Hire Limited

03013255

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2A EASTLANDS INDUSTRIAL ESTATE, LEISTON, IP16 4LL
Incorporated 24/01/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr William Ernest Drummond

secretary · Since 01/05/1995

MUSICIAN

BRITISH · ENGLAND · Age 73

Also on 9 other boards

Mr James Cauty

director · Since 01/05/1995

MUSICIAN

BRITISH · UNITED KINGDOM · Age 69

Also on 1 other board

Mr William Ernest Drummond

director · Since 01/05/1995

MUSICIAN

BRITISH · ENGLAND · Age 73

Also on 9 other boards

Persons with Significant Control

Mr William Ernest Drummond

25–50% shares
25–50% votes

British · England · Age 73

2a, Eastlands Industrial Estate, Leiston, IP16 4LL

Notified 06/04/2016

CompanyRankvs 53780+ SIC 32990 peers
67

Financial strength69th percentile among SIC peers · 17/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 3.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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5378K2 Plant Hire Limited
67
How is this score calculated?
Financial strength17/25 pts

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

Employees0/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£90k

Balance sheet strength

Cash

£132k

Cash in the bank

Net Current Assets

£90k

Working capital

Current Assets

£132k

Current Liabilities

£42k

Balance Sheet

Assets less current liabilities£90k
Signed by Mr James Cauty 15/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.17+£12k
20244.22+£16k
20220.99—
20210.19-£23k
2020—-£30k

Derived from filed accounts. Not audited figures.