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Hire It Vehicles Limited

10074725

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 2 12 SPRINGFIELD ROAD, BIRMINGHAM, B13 9NY
Incorporated 21/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Haroon Nawaz

director · Since 21/03/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 9 other boards

Persons with Significant Control

Mr Haroon Nawaz

75–100% shares
75–100% votes

British · England · Age 42

Unit 2, 12 Springfield Road, Birmingham, B13 9NY

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

TSB BANK PLC

Created 24/09/2020Registered 25/09/2020
Charge
outstanding

TSB BANK PLC

Created 14/09/2020Registered 23/09/2020

CompanyRankvs 2394+ SIC 77110 peers
46

Financial strength72th percentile among SIC peers · 18/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees7/15 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.

Longevity10/15 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 31/01/2025

Net Worth

£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£68k

Current Liabilities

£103k

Fixed Assets

£278k

1avg. employees

Balance Sheet

Assets less current liabilities£243k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66+£17k
20242.18
20232.22
20222.49
20218.42
20206.62+£8k
20190.28

Derived from filed accounts. Not audited figures.