Local Tool Hire Limited, NW2 2DX

Websites

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www.localtoolhire.com

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www.localtoolhire.co.uk

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www.localtoolhirelondon.co.uk

Description

Data updated on: 01-11-2023

Local Tool Hire came into being in 2002 as a company enlisted under no 04445888, located at NW2 2DX Neasden at 180 Cricklewood Lane. This company has been in business for twenty two years and its last known status is active. This company's registered with SIC code 77390: Renting and leasing of other machinery, equipment and tangible goods n.e.c.. Local Tool Hire Ltd filed its account information for the financial period up to 2022-05-31. The company's most recent confirmation statement was filed on 2023-03-25.

Local Tool Hire Ltd is a small-sized vehicle operator with the licence number OK1139848. The firm has one transport operating centre in the country. In their subsidiary in London on Claremont Road, 1 machine is available.

The corporation's trademark number is UK00003165078. They applied to register it on 2016/05/17 and it was obtained three months later. The trademark remains valid until 2026/05/17.

According to the latest data, there seems to be only one director in the company: Mohamed Z. (since 2002-05-23). Since 2007 Hamid Z., had been supervising this specific limited company till the resignation in March 2021. Furthermore another director, including Mohand Z. resigned 19 years ago. To support the directors in their duties, the limited company has been utilizing the expertise of Assia Z. as a secretary for the last 19 years.

Trade marks

Trademark UK00003165078

Trademark UK00003165078

Trademark image:	-
Status:	Registered
Filing date:	2016-05-17
Date of entry in register:	2016-08-19
Renewal date:	2026-05-17
Owner name:	Local Tool Hire Limited
Owner address:	180 Cricklewood Lane, LONDON, United Kingdom, NW2 2DX

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	83 866	106 752	97 607	99 150	112 275	149 876

Balance Sheet
Cash Bank On Hand						80 111	90 206	1 231		82 481	184 477	103 969	46 431
Current Assets	111 363	156 473	210 840	143 120	257 841	233 213	360 544	235 099	249 440	309 600	395 763	293 040	228 201
Debtors	91 799	109 047	163 824	75 811	75 345	50 450	112 991	49 952	67 024	57 330	112 602	90 387	73 860
Net Assets Liabilities						149 876	131 265	108 250	109 613	125 269	136 632	158 352	140 639
Other Debtors							1 580	8 349		1 450		16 594	17 421
Property Plant Equipment						321 177	386 445	421 105	376 334	311 593	256 556	310 141	269 706
Total Inventories						102 652	157 347	183 916	182 416	169 789	98 684	98 684	107 910
Cash Bank In Hand	9 955	37 800	36 096	50 027	120 907	80 111
Net Assets Liabilities Including Pension Asset Liability	83 866	106 752	97 607	99 150	112 275	149 876
Stocks Inventory	9 609	9 626	10 920	17 282	61 589	102 652
Tangible Fixed Assets	158 912	150 709	206 210	229 162	261 058	321 177

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	82 866	105 752	96 607	98 150	111 275	148 876
Shareholder Funds	83 866	106 752	97 607	99 150	112 275	149 876

Other Financial Data
Total Fixed Assets Additions		50 647	119 701	73 181	98 536	129 002
Total Fixed Assets Cost Or Valuation	474 778	510 235	629 936	703 117	801 653	930 655
Total Fixed Assets Depreciation	315 866	359 526	423 726	473 955	540 595	609 478
Total Fixed Assets Depreciation Charge In Period		49 605	64 200	50 229	66 640	68 883
Total Fixed Assets Depreciation Disposals		-5 945
Total Fixed Assets Disposals		-15 190
Version Production Software										2 021	2 021		2 023
Accumulated Depreciation Impairment Property Plant Equipment						609 478	686 144	776 464	862 847	939 686	1 003 004	1 054 990	1 108 228
Additions Other Than Through Business Combinations Property Plant Equipment							164 385	124 980	41 612	12 098	8 281	105 571	12 803
Average Number Employees During Period						16	20	4	15	18	19	19	14
Bank Borrowings							106 290	101 899	55 987	97 370	253 679	162 500	112 500
Bank Borrowings Overdrafts							35 197	72 919	59 136	38 919	77 746	82 245	75 640
Creditors						255 791	378 247	346 088	347 783	334 376	254 576	215 602	208 622
Depreciation Rate Used For Property Plant Equipment							20
Disposals Decrease In Depreciation Impairment Property Plant Equipment							4 490
Disposals Property Plant Equipment							22 450
Finance Lease Liabilities Present Value Total							46 818	55 437	76 589	67 435	28 569	20 220	12 818
Increase From Depreciation Charge For Year Property Plant Equipment							81 157	90 320	86 383	76 839	63 318	51 986	53 238
Loans From Directors							80 982	92 434	70 001	117 337	52 117	55 093	31 806
Net Current Assets Liabilities	-28 533	19 545	-27 225	-41 945	16 483	-22 578	-17 703	-110 989	-98 343	-24 776	141 187	77 438	19 579
Other Creditors							69 422	20 551	6 257		11 765	5 560
Prepayments Accrued Income							4 250	4 250	4 250	4 250	4 250	4 250	4 250
Property Plant Equipment Gross Cost						930 655	1 072 589	1 197 569	1 239 181	1 251 279	1 259 560	1 365 131	1 377 934
Provisions For Liabilities Balance Sheet Subtotal						47 451	57 009
Raw Materials Consumables							157 347	183 916	182 416	169 789
Recoverable Value-added Tax												31 632	35 042
Taxation Social Security Payable							21 474	5 124	23 800	17 228	44 170	3 308	21 814
Total Assets Less Current Liabilities	130 379	170 254	178 985	187 217	277 541	298 599	368 742	310 116	277 991	286 817	397 743	387 579	289 285
Trade Creditors Trade Payables							181 363	99 623	112 000	93 457	40 209	49 176	66 544
Trade Debtors Trade Receivables							107 161	37 353	62 774	51 630	108 352	37 911	17 147
Creditors Due After One Year Total Noncurrent Liabilities	33 648	50 503	59 587	64 926	128 247	101 272
Creditors Due Within One Year Total Current Liabilities	139 896	136 928	238 065	185 065	241 358	255 791
Fixed Assets	158 912	150 709	206 210	229 162	261 058	321 177
Provisions For Liabilities Charges	12 865	12 999	21 791	23 141	37 019	47 451
Tangible Fixed Assets Additions		50 647	119 701	73 181	98 536	129 002
Tangible Fixed Assets Cost Or Valuation	474 778	510 235	629 936	703 117	801 653	930 655
Tangible Fixed Assets Depreciation	315 866	359 526	423 726	473 955	540 595	609 478
Tangible Fixed Assets Depreciation Charge For Period		49 605	64 200	50 229	66 640	68 883
Tangible Fixed Assets Depreciation Disposals		-5 945
Tangible Fixed Assets Disposals		-15 190