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Economy Hire (Southern) Limited

06980771

active
Private Limited Company
england wales
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

ENDEAVOUR HOUSE, RINGWOOD, BH24 1HP
Incorporated 04/08/2009

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/08/2025

Due 16/08/2026

On track

Industry

45111
Sale of new cars and light motor vehicles
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr David Richard Smith

director · Since 04/08/2009

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 83

Also on 6 other boards

Mrs Eileen Patricia Smith

director · Since 04/08/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 4 other boards

Mr Andrew David Smith

director · Since 01/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Matthew Luke Smith

director · Since 01/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Michelle Elizabeth Smith

director · Since 01/08/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mrs Eileen Patricia Smith

25–50% shares
25–50% votes

British · England · Age 81

Endeavour House, Crow Arch Lane, Ringwood, BH24 1HP

Notified 06/04/2016

Mr David Richard Smith

25–50% shares
25–50% votes

British · England · Age 83

Endeavour House, Crow Arch Lane, Ringwood, BH24 1HP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

DRJC LIMITED

Created 04/02/2026Registered 16/02/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 03/05/2012Registered 04/05/2012Satisfied 05/02/2026

CompanyRankvs 834+ SIC 45111 peers
61

Financial strength87th percentile among SIC peers · 22/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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834Economy Hire (Southern) Limited
67
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.

Employees13/15 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 31/03/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£125k

Cash in the bank

Net Current Assets

-£456k

Working capital

Current Assets

£498k

Current Liabilities

£954k

Fixed Assets

£2.8M

Debtors

£200k

14avg. employees

Balance Sheet

Assets less current liabilities£2.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.52-£33k
20240.85+£152k
20231.08—

Derived from filed accounts. Not audited figures.