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True Plant Hire Ltd

11313801

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

SIXTH FLOOR CAVENDISH BUILDING, DERBY, DE1 1DZ
Incorporated 17/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Thomas David Macfarlane

director · Since 17/04/2018

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Mr Peter John Watson

director · Since 04/01/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Craig Lee Flowers

director · Since 01/10/2025

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Midlands Holdings Limited

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

Sixth Floor, Cavendish Building, Derby, DE1 1DZ

Reg: 09437947 · England · Limited Company

Notified 06/04/2020

Former PSCs

Mr Thomas David Macfarlane

Ceased 06/04/2020

Charges1 outstanding

Charge
outstanding

SME INVOICE FINANCE LIMITED

Created 09/03/2022Registered 14/03/2022

CompanyRankvs 1179+ SIC 77390 peers
59

Financial strength78th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

£260k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£245k

Working capital

Current Assets

£766k

Current Liabilities

£521k

Fixed Assets

£48k

Debtors

£632k

12avg. employees

Balance Sheet

Assets less current liabilities£293k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.47+£46k
20241.33+£65k
20231.34+£83k
20221.18+£36k
20211.17+£21k
2020+£0

Derived from filed accounts. Not audited figures.