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Plant Hire (Midlands) Limited

05630907

active
ltd
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Synergy House 7 Acorn Business Park, Commercial Gate, Mansfield, NG18 1EX
Incorporated 21/11/2005

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/09/2025

Due 10/10/2026

On track

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Kenneth Merritt

director · Since 21/11/2005

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 1 other board

Richard Merritt

secretary · Since 21/11/2005

DIRECTOR

BRITISH · Age 49

Also on 1 other board

Richard Merritt

secretary · Since 21/11/2005

British

Kenneth Merritt

director · Since 21/11/2005

British · England · Age 78

Former

Creditreform Limited

corporate director · Resigned 21/11/2005

Creditreform (Secretaries) Limited

corporate secretary · Resigned 21/11/2005

Richard Merritt

director · Resigned 05/02/2013

James Kenneth Merritt

director · Resigned 05/02/2013

Kim Merritt

director · Resigned 05/09/2025

Persons with Significant Control

Mr Kenneth Merritt

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

British · England · Age 78

Synergy House, 7 Acorn Business Park, Mansfield, NG18 1EX

Notified 06/04/2016

Former PSCs

Mrs Kim Merritt

Ceased 26/09/2025

Charges1 outstanding

charge
outstanding

STATE SECURITIES PLC

Created 20/12/2012Registered 03/01/2013

Change History

statusactive
2026-08-15

Active

typeltd
2026-08-15

Private Limited Company

address line1Synergy House 7 Acorn Business Park
2026-08-15

SYNERGY HOUSE 7 ACORN BUSINESS PARK

post townMansfield
2026-08-15

MANSFIELD

officer appointedMERRITT, Richard
2026-08-15
officer appointedMERRITT, Kenneth
2026-08-15

CompanyRankvs 2761+ SIC 77320 peers
29

Financial strength5th percentile among SIC peers · 1/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength1/25 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.

Liquidity6/20 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

-£37k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£47k

Current Liabilities

£85k

Fixed Assets

£896

0avg. employees-2

Tax at Year End(2023)

Corp tax£16k

Balance Sheet

Assets less current liabilities-£37k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55+£273
20230.49

Derived from filed accounts. Not audited figures.