Economy Hire Limited in Wallsend, NE28 6SU

Description

Data updated on: 01-11-2023

Economy Hire started conducting its business in 2004 as a Private Limited Company registered with number: 05097136. This particular firm has been active for 20 years and the present status is active. The company's head office is based in Wallsend at Marine House Norman Terrace. You could also find the firm by the area code of NE28 6SU. The enterprise's Standard Industrial Classification Code is 77110 - Renting and leasing of cars and light motor vehicles. Economy Hire Ltd reported its latest accounts for the financial year up to Sunday 30th April 2023. The business most recent annual confirmation statement was filed on Thursday 6th April 2023.

In order to satisfy their clientele, the following company is constantly controlled by a unit of two directors who are John B. and Austin B.. Their successful cooperation has been of cardinal use to this company since Tuesday 6th April 2004. Additionally, the managing director's tasks are constantly helped with by a secretary - Austin B., who was selected by this company 20 years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency
Net Worth	110 732	119 798	109 294

Balance Sheet
Cash Bank In Hand	818	1 752	3 793
Cash Bank On Hand			3 793	3 362	1 752	1 730	688	9 685	11 744	2 336
Current Assets	104 060	123 608	137 958	133 337	120 529	123 025	119 696	134 074	132 573	118 142
Debtors	103 242	121 856	134 165	129 975	107 221	121 089	118 889	124 389	120 829	115 429
Net Assets Liabilities				98 652	87 237	87 636	80 804	79 179	80 557	77 584
Other Debtors				25 459	26 559	40 427	38 227	43 727	40 167	37 667
Property Plant Equipment			10 567	15 056	13 236	9 927	5 657	10 172	10 688	16 516
Tangible Fixed Assets	16 231	9 837	10 567

Capital & Reserves
Called Up Share Capital	4	4	4
Profit Loss Account Reserve	110 728	119 794	109 290
Shareholder Funds	110 732	119 798	109 294

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal				1 725	758	951	882	906	930	990
Accumulated Depreciation Impairment Property Plant Equipment			19 635	16 234	18 054	21 363	19 737	17 058	11 206	14 651
Bank Borrowings Overdrafts								16 700	12 272	8 466
Creditors			39 231	48 016	43 753	42 479	42 592	16 700	12 272	8 466
Creditors Due Within One Year	9 559	13 647	39 231
Disposals Decrease In Depreciation Impairment Property Plant Equipment				8 088			3 512	4 452	8 325
Disposals Property Plant Equipment				10 781			5 896	4 629	8 896
Increase From Depreciation Charge For Year Property Plant Equipment				4 687	1 820	3 309	1 886	1 773	2 473	3 445
Net Current Assets Liabilities	94 501	109 961	98 727	85 321	76 776	80 546	77 104	88 546	85 102	73 789
Number Shares Allotted		1	1
Other Creditors				41 703	36 703	35 203	35 203	35 203	35 003	33 003
Other Taxation Social Security Payable				388		25	288		1 004	-99
Par Value Share		1	1
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal				23 014	11 556	206	119			377
Property Plant Equipment Gross Cost			30 202	31 290	31 290	31 290	25 394	27 230	21 894	31 167
Provisions For Liabilities Balance Sheet Subtotal					2 017	1 886	1 075	1 933	2 031	3 265
Share Capital Allotted Called Up Paid	1	1	1
Tangible Fixed Assets Additions			5 896
Tangible Fixed Assets Cost Or Valuation	30 199	30 199	30 202
Tangible Fixed Assets Depreciation	13 968	20 362	19 635
Tangible Fixed Assets Depreciation Charged In Period		6 394	5 166
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			5 893
Tangible Fixed Assets Disposals			5 893
Total Additions Including From Business Combinations Property Plant Equipment				11 869				6 465	3 560	9 273
Total Assets Less Current Liabilities	110 732	119 798	109 294	100 377	90 012	90 473	82 761	98 718	95 790	90 305
Trade Creditors Trade Payables				5 925	7 050	7 251	7 101	7 025	7 364	7 496
Trade Debtors Trade Receivables				81 502	80 662	80 662	80 662	80 662	80 662	77 762

Company staff

John B.

Role: Director

Appointed: 06 April 2004

Latest update: 15 November 2023

Austin B.

Role: Director

Appointed: 06 April 2004

Latest update: 15 November 2023

Austin B.

Role: Secretary

Appointed: 06 April 2004

Latest update: 15 November 2023

People with significant control

Austin B. is the individual with significant control over this firm, owns 1/2 or less of company shares.

Austin B.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 January 2025
Account last made up date	30 April 2023
Confirmation statement next due date	20 April 2024
Confirmation statement last made up date	06 April 2023

Annual Accounts 14 September 2015
Start Date For Period Covered By Report	01 May 2014
End Date For Period Covered By Report	30 April 2015
Date Approval Accounts	14 September 2015
Annual Accounts 15 September 2016
Start Date For Period Covered By Report	01 May 2015
End Date For Period Covered By Report	30 April 2016
Date Approval Accounts	15 September 2016
Annual Accounts
Start Date For Period Covered By Report	01 May 2016
End Date For Period Covered By Report	30 April 2017
Annual Accounts
Start Date For Period Covered By Report	01 May 2017
End Date For Period Covered By Report	30 April 2018
Annual Accounts
Start Date For Period Covered By Report	01 May 2018
End Date For Period Covered By Report	30 April 2019
Annual Accounts
Start Date For Period Covered By Report	01 May 2019
End Date For Period Covered By Report	30 April 2020
Annual Accounts
Start Date For Period Covered By Report	01 May 2020
End Date For Period Covered By Report	30 April 2021
Annual Accounts
Start Date For Period Covered By Report	01 May 2021
End Date For Period Covered By Report	30 April 2022
Annual Accounts
Start Date For Period Covered By Report	01 May 2022
End Date For Period Covered By Report	30 April 2023

Economy Hire Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

John B.

Austin B.

Austin B.

Jl Nominees Two Limited

Jl Nominees One Limited

People with significant control

Austin B.

Accounts Documents

Company filings

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