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Ashvale Plant Hire Limited

07684494

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ASHVALE HOUSE, WESTONING, MK45 5AH
Incorporated 27/06/2011

Compliance

Last accounts

30/09/2024

small

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/03/2026

Due 23/03/2027

On track

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Steven Cunningham

secretary · Since 27/06/2011

Mr Steven Cunningham

director · Since 27/06/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Mr Seamus Joseph Cleary

director · Since 24/07/2017

DIRECTOR

IRISH · ENGLAND · Age 44

Also on 2 other boards

Mr Michael Cunningham

director · Since 24/07/2017

DIRECTOR

IRISH · ENGLAND · Age 41

Persons with Significant Control

Mr Steven Cunningham

25–50% shares
25–50% votes

British · England · Age 45

Hill Crest, Harlington Road, Dunstable, LU5 6HD

Notified 01/07/2016

Ashvale Civil Engineering (Holdings) Ltd

75–100% shares

Firbank Trading Estate, Dallow Rd, Luton, LU1 1TD

Reg: 09359129 · Uk · Company Limited By Shares

Notified 24/07/2017

Mr Michael Cunningham

Significant control

Irish · England · Age 41

Ashvale House, Toddington Road, Westoning, MK45 5AH

Notified 24/07/2017

Mr Seamus Joseph Cleary

Significant control

Irish · England · Age 44

Ashvale House, Toddington Road, Westoning, MK45 5AH

Notified 24/07/2017

Former PSCs

Mr Michael Cunningham

Ceased 24/07/2017

Mr Aled Owen

Ceased 24/07/2017

CompanyRankvs 1235+ SIC 77390 peers
63

Financial strength97th percentile among SIC peers · 24/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2024

Turnover

£3.4M

Annual revenue

Net Worth

£4.1M

Balance sheet strength

Cash

£810k

Cash in the bank

Profit Before Tax

£641k

Bottom line earnings

Net Current Assets

-£410k

Working capital

Current Assets

£1.6M

Current Liabilities

£2.0M

Fixed Assets

£5.9M

Debtors

£745k

Cost of Sales

£483k

Gross Profit

£2.9M

Admin Expenses

£2.2M

Operating Profit

£760k

Profit After Tax

£481k

6avg. employees

Tax at Year End

Corp tax£149k

Balance Sheet

Assets less current liabilities£5.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.79

Derived from filed accounts. Not audited figures.