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Economy Hire (Southern) Limited

06980771

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

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 80

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 80

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 851+ 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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10Piccadilly Motors Limited
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851Economy 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+£199k
20221.29+£309k
20211.49+£140k
20204.25+£6k
20192.60—

Derived from filed accounts. Not audited figures.