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J B 1 Hire Limited

12472251

active
Private Limited Company
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)

Details

117 UNION STREET, WEST BROMWICH, B70 6BZ
Incorporated 19/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Jaskaran Singh

director · Since 19/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Persons with Significant Control

Mr Jaskaran Singh

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

British · United Kingdom · Age 45

117, Union Street, West Bromwich, B70 6BZ

Notified 01/05/2020

Former PSCs

J B 1 Group Ltd

Ceased 01/05/2020

CompanyRankvs 1626+ SIC 77320 peers
55

Financial strength73th percentile among SIC peers · 18/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

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

Longevity6/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£320k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£475k

Working capital

Current Assets

£359k

Current Liabilities

£834k

Fixed Assets

£795k

Debtors

£354k

13avg. employees+4

Balance Sheet

Assets less current liabilities£320k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43+£105k
20220.33+£46k
20210.24

Derived from filed accounts. Not audited figures.