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Mp Hire Limited

03846892

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE ELMS, SHREWSBURY, SY4 5NU
Incorporated 23/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77310
Renting and leasing of agricultural machinery and equipment

Officers

Ernest Bryan Thomas

director · Since 22/06/2005

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 58

Mr Keith William Edwards

director · Since 06/04/2021

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 66

Also on 3 other boards

Mr Keith William Edwards

secretary · Since 07/04/2021

Also on 3 other boards

Persons with Significant Control

E B Thomas Limited

75–100% shares
75–100% votes

The Elms, The Elms, Shrewsbury, SY4 5NU

Reg: 13231152 · Companies House · Private Limited Company

Notified 02/03/2021

Former PSCs

Mr Michael Stanley Powell

Ceased 02/03/2021

Mr Ernest Bryan Thomas

Ceased 02/03/2021

Mrs. Pricilla Anne Curry

Ceased 02/03/2021

Charges1 outstanding

charge
outstanding

JOHN DEERE BANK S.A

Created 28/03/2013Registered 04/04/2013
charge
satisfied

BARCLAYS BANK PLC

Created 03/09/2007Registered 14/09/2007Satisfied 19/10/2016

CompanyRankvs 122+ SIC 77310 peers
48

Financial strength98th percentile among SIC peers · 25/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue . Other information The other information comprises the in

Key FinancialsYear ending 31/12/2024

Net Worth

£6.1M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

-£3.0M

Working capital

Current Assets

£2.7M

Current Liabilities

£5.7M

Fixed Assets

£25.9M

Debtors

£1.5M

3avg. employees-1

Tax at Year End(2018)

Corp tax£8k

Balance Sheet

Assets less current liabilities£22.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48+£791k
20210.64-£699k
20200.71+£458k
20190.63+£127k
20180.86

Derived from filed accounts. Not audited figures.