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Nat1onal Equipment Rental Ltd

06884817

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

940 GREEN LANES, LONDON, N21 2AD
Incorporated 22/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Lee Quinn

secretary · Since 22/04/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 13 other boards

Mr Mark Philpin

director · Since 22/04/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 7 other boards

Lee Quinn

director · Since 22/04/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 13 other boards

Mr Sarwan Singh Johal

director · Since 28/11/2025

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Mr Harry Frederick Philpin

director · Since 28/11/2025

BRITISH · UNITED KINGDOM · Age 36

Mr Jack Sidney Philpin

director · Since 28/11/2025

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Mark Philpin

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

British · United Kingdom · Age 68

940 Green Lanes, London, N21 2AD

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

SHAWBROOK BANK LTD

Created 07/06/2017Registered 13/06/2017Satisfied 06/12/2023
charge
outstanding

ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 30/01/2013Registered 06/02/2013
charge
satisfied

HSBC BANK PLC

Created 09/11/2010Registered 12/11/2010Satisfied 02/04/2014
charge
satisfied

HSBC BANK PLC

Created 02/02/2010Registered 03/02/2010Satisfied 24/02/2015
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 18/12/2009Registered 22/12/2009Satisfied 24/02/2015

CompanyRankvs 858+ SIC 77320 peers
58

Financial strength89th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.33× · 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 strength22/25 pts

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

Employees14/15 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 30/04/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

£1.0M

Current Liabilities

£3.1M

Fixed Assets

£5.9M

Debtors

£987k

Profit After Tax

£518k

25avg. employees+3

Tax at Year End

Dividends paid£442k

Balance Sheet

Assets less current liabilities£3.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33+£76k
20240.27+£341k
20230.46+£90k
20220.37+£180k
20210.37+£250k
20200.29-£73k
20190.49

Derived from filed accounts. Not audited figures.