Reed Plant Hire Ltd
05210110
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 21/02/2018
Persons with Significant Control
Mr Kevin Reed
British · England · Age 58
Monkhurst House Offices, Sandy Cross Lane, Heathfield, TN21 8QR
Notified 06/04/2016
Former PSCs
Mr Douglas William David Reed
Ceased 21/02/2018
CompanyRankvs 15098+ SIC 43999 peers65
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2025
Net Worth
£70k
Balance sheet strength
Cash
£18k
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£93k
Current Liabilities
£99k
Fixed Assets
£98k
Debtors
£68k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.95 | +£10k |
| 2024 | 0.68 | -£33k |
| 2023 | 0.81 | -£51k |
| 2022 | 1.17 | -£50k |
| 2021 | 2.08 | — |
Derived from filed accounts. Not audited figures.