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Truckmasters Hire Limited

03311814

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

BOSTON ROAD, SKEGNESS, PE24 4HA
Incorporated 03/02/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77120
Renting and leasing of trucks

Officers

John Aiken

secretary · Since 03/02/1997

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 73

Also on 13 other boards

John Aiken

director · Since 03/02/1997

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 73

Also on 13 other boards

Mr Graham Alan Elsam

director · Since 03/02/1997

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 3 other boards

Persons with Significant Control

Willoughby (30) Limited

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

Boston Road, Wainfleet, Skegness, PE24 4HA

Reg: 02938804 · England And Wales · Private Limited Company

Notified 07/03/2024

Former PSCs

Mr Graham Alan Elsam

Ceased 07/03/2024

Mr John Aiken

Ceased 07/03/2024

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/07/2023Registered 06/07/2023
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 11/02/2021Registered 12/02/2021Satisfied 10/11/2023
Charge
outstanding

LOMBARD NORTH CENTRAL PLC

Created 24/11/2016Registered 28/11/2016
charge
outstanding

JCB FINANCE LTD

Created 02/10/2012Registered 04/10/2012
charge
satisfied

BANK OF IRELAND FINANCE LIMITED

Created 21/04/2004Registered 23/04/2004Satisfied 03/05/2012
charge
satisfied

GE CAPITAL EQUIPMENT FINANCE LTD

Created 02/07/2002Registered 04/07/2002Satisfied 03/05/2012
charge
satisfied

GE CAPITAL EQUIPMENT FINANCE LIMITED

Created 16/03/2001Registered 17/03/2001Satisfied 03/05/2012
charge
satisfied

ROYSCOT TRUST PLC

Created 23/08/2000Registered 24/08/2000Satisfied 03/05/2012
charge
satisfied

ROYSCOT TRUST PLC

Created 10/02/2000Registered 11/02/2000Satisfied 03/05/2012
charge
satisfied

ROYSCOT TRUST PLC

Created 11/11/1998Registered 12/11/1998Satisfied 03/05/2012
charge
satisfied

ROYSCOT TRUST PLC

Created 02/04/1998Registered 03/04/1998Satisfied 03/05/2012
charge
satisfied

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 03/02/1998Registered 04/02/1998Satisfied 03/05/2012
charge
satisfied

ROYSCOT TRUST PLC

Created 18/11/1997Registered 19/11/1997Satisfied 03/05/2012
charge
satisfied

ROYSCOT TRUST PLC

Created 19/09/1997Registered 20/09/1997Satisfied 03/05/2012
charge
satisfied

FORWARD TRUST LIMITED AND VARIOUS OTHER COMPANIES (TOGETHER "THE FINANCE COMPANY")

Created 18/07/1997Registered 22/07/1997Satisfied 03/05/2012
charge
satisfied

ROYSCOT TRUST PLC

Created 12/05/1997Registered 14/05/1997Satisfied 03/05/2012
charge
satisfied

3I GROUP PLC

Created 02/04/1997Registered 04/04/1997Satisfied 15/12/1999
charge
satisfied

ROYSCOT TRUST PLC, ROYSCOT LEASING LIMITED, ROYSCOT INDUSTRIAL LEASING LIMITED, ROYSCOTCOMMERCI

Created 26/03/1997Registered 03/04/1997Satisfied 03/05/2012
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/03/1997Registered 02/04/1997Satisfied 12/02/2021

CompanyRankvs 111+ SIC 77120 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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111Truckmasters Hire Limited
75
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.

Employees2/15 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

£2.3M

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£461k

Fixed Assets

£2.8M

Debtors

£1.6M

0avg. employees

Tax at Year End

Corp tax£29k

Balance Sheet

Assets less current liabilities£4.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.61+£226k—
20231.82+£281k—
20221.08—£666k

Derived from filed accounts. Not audited figures.