Greater London Hire Limited in London, N11 2UT

Description

Data updated on: 01-11-2023

Greater London Hire Limited can be reached at London at 14-15 Gateway Mews, Bounds Green. You can look up the company using the area code - N11 2UT. The firm has been in business on the English market for 50 years. This business is registered under the number 01156173 and company's current state is active. This company's SIC and NACE codes are 53202 meaning Unlicensed carrier. 2022-04-30 is the last time when company accounts were reported.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Barnet London Borough, with over 1 transactions from worth at least 500 pounds each, amounting to £1,262 in total. The company also worked with the Department for Transport (1 transaction worth £1,104 in total). Greater London Hire was the service provided to the Department for Transport Council covering the following areas: Vehicle Hire was also the service provided to the Barnet London Borough Council covering the following areas: Hire Charges.

Due to this company's growth, it became necessary to acquire new directors, to name just a few: Tomasz S., Juana S., Zoe W. who have been collaborating since 2021 to promote the success of this firm. Moreover, the director's efforts are constantly aided with by a secretary - Neil M., who was chosen by this firm in 1998.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2022-04-30	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	256 182	294 306
Current Assets	3 258 247	3 985 874
Debtors	3 002 065	3 691 568
Net Assets Liabilities	1 917 962	1 990 309
Property Plant Equipment	2 096 155	3 006 820

Other Financial Data
Audit Fees Expenses	28 750	29 000
Fees For Non-audit Services	8 251	8 500
Accrued Pension Period End Directors	3 075	3 200
Amount Specific Advance Or Credit Directors	606 641	8 253
Amount Specific Advance Or Credit Made In Period Directors		8 253
Amount Specific Advance Or Credit Repaid In Period Directors		1 170
Director Remuneration	411 762	380 887
Accrued Liabilities Deferred Income	237 308	126 914
Accumulated Amortisation Impairment Intangible Assets	201 201	229 184
Accumulated Depreciation Impairment Property Plant Equipment	1 700 233	1 460 182
Additional Provisions Increase From New Provisions Recognised		-8 430
Administrative Expenses	3 733 608	4 156 312
Amortisation Expense Intangible Assets	5 453	27 983
Average Number Employees During Period	68	78
Bank Borrowings	40 247	235 108
Bank Borrowings Overdrafts	1 048 566	935 707
Bank Overdrafts		667 274
Cash Cash Equivalents Cash Flow Value	256 182	-372 968
Cash Receipts From Government Grants	-146 423
Comprehensive Income Expense	200 797	72 347
Cost Sales	7 557 198	8 836 261
Creditors	1 227 960	1 725 015
Deferred Tax Asset Debtors	29 751	38 181
Depreciation Amortisation Expense	342 578	337 420
Depreciation Expense Property Plant Equipment	400 971	309 436
Disposals Decrease In Depreciation Impairment Property Plant Equipment		549 487
Disposals Property Plant Equipment		695 654
Finance Lease Liabilities Present Value Total	238 654	560 717
Fixed Assets	2 151 944	3 078 096
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	159 624	-139 523
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-412 176	-661 774
Gain Loss On Disposals Property Plant Equipment	40 920	205 259
Government Grants Payable	10 938
Gross Profit Loss	3 789 714	4 115 812
Income Taxes Paid Refund Classified As Operating Activities	58 485
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 458	-629 150
Increase From Amortisation Charge For Year Intangible Assets		27 983
Increase From Depreciation Charge For Year Property Plant Equipment		309 436
Intangible Assets	55 789	71 276
Intangible Assets Gross Cost	256 990	300 460
Interest Expense On Bank Loans Similar Borrowings	33 401	82 518
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	15 129	30 570
Interest Paid Classified As Operating Activities	-33 401	-82 518
Interest Payable Similar Charges Finance Costs	48 530	113 088
Net Cash Flows From Used In Financing Activities	-88 271	-1 034 381
Net Cash Flows From Used In Investing Activities	283 820	1 251 325
Net Cash Flows From Used In Operating Activities	-197 007	412 206
Net Cash Generated From Operations	-187 052	299 118
Net Current Assets Liabilities	1 053 604	725 618
Net Interest Received Paid Classified As Investing Activities	-12 252	-12 246
Number Shares Issued Fully Paid		2
Operating Profit Loss	202 529	-40 500
Other Creditors	211 139	388 128
Other Deferred Tax Expense Credit	6 374	-8 430
Other Interest Receivable Similar Income Finance Income	12 252	12 246
Other Operating Income Format1	146 423
Other Taxation Social Security Payable	79 540	78 419
Par Value Share		1
Payments Finance Lease Liabilities Classified As Financing Activities	81 483	942 915
Pension Other Post-employment Benefit Costs Other Pension Costs	75 099	80 889
Prepayments	468 397	419 789
Proceeds From Borrowings Classified As Financing Activities		935 707
Proceeds From Sales Property Plant Equipment	-93 225	-146 167
Profit Loss	200 797	72 347
Profit Loss On Ordinary Activities Before Tax	207 171	63 917
Property Plant Equipment Gross Cost	3 796 388	4 467 002
Provisions	-29 751	-38 181
Provisions For Liabilities Balance Sheet Subtotal	59 626	88 390
Purchase Intangible Assets	-34 317	-43 470
Purchase Property Plant Equipment	-354 980	-1 366 268
Repayments Borrowings Classified As Financing Activities		1 046 472
Social Security Costs	255 226	286 849
Staff Costs Employee Benefits Expense	2 722 004	3 005 863
Tax Tax Credit On Profit Or Loss On Ordinary Activities	6 374	-8 430
Total Additions Including From Business Combinations Intangible Assets		43 470
Total Additions Including From Business Combinations Property Plant Equipment		1 366 268
Total Assets Less Current Liabilities	3 205 548	3 803 714
Total Borrowings	40 247	902 382
Total Operating Lease Payments	15 683	16 488
Trade Creditors Trade Payables	709 794	607 305
Trade Debtors Trade Receivables	1 687 884	2 411 734
Turnover Revenue	11 346 912	12 952 073
Wages Salaries	2 391 679	2 638 125