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Machine Hire Limited

04329574

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

UNIT 1 HAMMONDS FARM HAMMONDS ROAD, CHELMSFORD, CM3 4BJ
Incorporated 27/11/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33200
Installation of industrial machinery and equipment
68209
Other letting and operating of own or leased real estate
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Jason Edward Clarke

director · Since 27/11/2001

FURNITURE MANUFACTURER

ENGLISH · UNITED KINGDOM · Age 57

Also on 1 other board

Persons with Significant Control

Jason Edward Clarke

75–100% shares
75–100% votes

British · England · Age 57

23, New Road, Chelmsford, CM1 7AN

Notified 06/04/2016

Charges4 outstanding

A registered charge
outstanding

SM1 CAPITAL & SECURITY LIMITED

Created 18/06/2026Registered 29/06/2026
A registered charge
outstanding

SM1 CAPITAL & SECURITY LIMITED

Created 18/06/2026Registered 29/06/2026
Charge
outstanding

SM1 CAPITAL & SECURITY LIMITED

Created 23/01/2026Registered 29/01/2026
Charge
outstanding

SM1 CAPITAL & SECURITY LIMITED

Created 23/01/2026Registered 29/01/2026
Charge
satisfied

SENECA BRIDGING LTD

Created 27/09/2024Registered 11/10/2024Satisfied 23/05/2026
Charge
satisfied

SENECA BRIDGING LTD

Created 27/09/2024Registered 11/10/2024Satisfied 23/05/2026

CompanyRankvs 1974+ SIC 33200 peers
47

Financial strength92th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£881k

Balance sheet strength

Cash

£287

Cash in the bank

Net Current Assets

-£190k

Working capital

Current Assets

£17k

Current Liabilities

£207k

Fixed Assets

£1.2M

Debtors

£17k

Profit After Tax

£281k

0avg. employees

Tax at Year End

Corp tax£11k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with Sage Accounts Production 25.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£67k
20240.14+£281k
20230.08

Derived from filed accounts. Not audited figures.