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Network Vehicle Hire Ltd

13477797

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

TRIDENT HOUSE, DIDCOT, OX11 7HJ
Incorporated 25/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Russell John Patrick Hershey

director · Since 25/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 17 other boards

Mr Richard Peter Simmonds

director · Since 25/06/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 18 other boards

Persons with Significant Control

Mr Russell John Patrick Hershey

25–50% shares
25–50% votes

British · United Kingdom · Age 42

Trident House Trident House, Trident Business Park, Didcot, OX11 7HJ

Notified 08/12/2023

Mr Richard Peter Simmonds

25–50% shares
25–50% votes

British · United Kingdom · Age 42

Trident House Trident House, Trident Business Park, Didcot, OX11 7HJ

Notified 08/12/2023

Former PSCs

Mr Russell John Patrick Hershey

Ceased 25/06/2021

Mr Richard Peter Simmonds

Ceased 25/06/2021

One Motion Group Limited

Ceased 08/12/2023

CompanyRankvs 509+ SIC 77110 peers
75

Financial strength94th percentile among SIC peers · 24/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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509Network Vehicle Hire Ltd
74
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.

Employees11/15 pts

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

Liquidity20/20 pts

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

Longevity5/15 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

£610k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£591k

Working capital

Current Assets

£1.1M

Current Liabilities

£483k

Fixed Assets

£19k

Debtors

£1.0M

2avg. employees

Tax at Year End

Corp tax£51k

Balance Sheet

Assets less current liabilities£610k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.22+£157k
20232.23+£276k
20222.98—
20211.12—

Derived from filed accounts. Not audited figures.