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Economy Car Hire Limited

04507386

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

NELSON HOUSE OLD PHARMACY YARD, DEREHAM, NR19 1DJ
Incorporated 09/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79909
Other reservation service activities

Officers

Mr Rory John Sexton

director · Since 09/08/2002

CAR HIRE BROKER

BRITISH · ENGLAND · Age 46

Mrs Louise Freeman

secretary · Since 04/07/2022

Ms Charlotte Louise Sexton

director · Since 01/02/2024

HR MANAGER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Rory John Sexton

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

British · United Kingdom · Age 46

Nelson House, Old Pharmacy Yard, Dereham, NR19 1DJ

Notified 06/04/2016

Former PSCs

Mrs Pamela Ann Sexton

Ceased 24/10/2024

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 26/01/2022Registered 03/02/2022Satisfied 28/02/2022
charge
satisfied

BRECKLAND DISTRICT COUNCIL

Created 22/11/2004Registered 26/11/2004Satisfied 26/04/2012
charge
satisfied

HSBC BANK PLC

Created 17/11/2002Registered 26/11/2002Satisfied 06/04/2005

CompanyRankvs 107+ SIC 79909 peers
82

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£3.8M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£5.0M

Current Liabilities

£3.4M

Fixed Assets

£146k

Debtors

£687k

29avg. employees+3

Tax at Year End(2018)

Corp tax£91k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46-£2.4M
20232.58+£528k
20182.90

Derived from filed accounts. Not audited figures.