Midhire Self Drive Rentals Limited in Solihull, B90 4NG

Description

Data updated on: 01-11-2023

The exact date this firm was founded is February 11, 1992. Started under 02686202, the company is considered a Private Limited Company. You may visit the headquarters of the firm during business hours under the following address: Midhire House Drayton Road Shirley, B90 4NG Solihull. This enterprise's SIC and NACE codes are 77110 and their NACE code stands for Renting and leasing of cars and light motor vehicles. Midhire Self Drive Rentals Ltd released its latest accounts for the financial period up to 31st March 2022. Its most recent annual confirmation statement was submitted on 10th March 2023.

Taking into consideration this specific company's constant growth, it became imperative to find further directors: Philip P. and Michael B. who have been working together since February 2013 to promote the success of this company. In order to provide support to the directors, this company has been utilizing the skills of Michael B. as a secretary for the last seven years.

Michael B. is the individual who controls this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand		1 508 985	3 303 018	2 302 658	2 348 437	2 741 281	3 003 804	3 907 181	4 751 391
Current Assets	1 821 055	1 806 545	3 619 578	3 066 123	3 224 393	3 465 555	3 893 502	4 780 248	5 889 719
Debtors	368 401	297 560	316 560	763 465	875 956	724 274	889 698	873 067	1 138 328
Net Assets Liabilities		4 875 676	5 998 806	6 197 461	6 547 994	6 875 291	7 172 144	8 000 857	9 318 050
Other Debtors		151 752	92 320	504 316	516 460	501 378	769 537	728 744	856 861
Property Plant Equipment		2 855 907	2 509 159	2 480 081	2 690 239	2 853 075	3 035 194	2 792 250
Cash Bank In Hand	1 452 654	1 508 985
Net Assets Liabilities Including Pension Asset Liability	4 609 113	4 875 676
Tangible Fixed Assets	2 676 822	2 855 907

Capital & Reserves
Called Up Share Capital	6 427	6 427
Profit Loss Account Reserve	4 305 281	4 571 844

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment		1 281 932	1 219 035	1 354 798	1 360 809	1 469 730	1 526 423	1 925 613	77 348
Additions Other Than Through Business Combinations Property Plant Equipment			1 659 636
Average Number Employees During Period		7	10	7	7	7	8	7	8
Corporation Tax Payable		15 804	180 591
Creditors		148 006	827 026	382 275	508 362	483 406	1 069 119	52 017	741 004
Fixed Assets	3 268 661	3 447 746	3 426 259	3 733 705	4 098 536	4 265 372	4 727 993	4 202 547	4 758 731
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income			182 925
Increase From Depreciation Charge For Year Property Plant Equipment			638 023	662 875	672 465	727 078	773 061	828 636	933 320
Investments Fixed Assets	591 839	591 839	32 100	32 100	32 100	32 100	32 100	32 100	32 100
Net Current Assets Liabilities	1 518 652	1 658 539	2 792 552	2 683 848	2 716 031	2 982 149	2 824 383	4 306 140	5 148 715
Other Creditors		60 739	42 013	36 054	30 238	30 388	319 310	52 017	11 984
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			668 920
Other Disposals Property Plant Equipment			2 065 431
Other Taxation Social Security Payable		4 874	368 411	65 298	50 999	16 357	82 396	49 229	397 357
Property Plant Equipment Gross Cost		4 137 839	3 728 194	3 834 879	4 051 048	4 322 805	4 561 617	4 717 863	5 296 468
Provisions For Liabilities Balance Sheet Subtotal		230 609	220 005	220 092	266 573	372 230	380 232	455 813	589 396
Total Assets Less Current Liabilities	4 787 313	5 106 285	6 218 811	6 417 553	6 814 567	7 247 521	7 552 376	8 508 687	9 907 446
Total Increase Decrease From Revaluations Property Plant Equipment			28 150
Trade Creditors Trade Payables		66 589	370 594	234 915	381 117	390 653	621 405	286 446	285 405
Trade Debtors Trade Receivables		70 509	224 240	259 149	359 496	222 896	120 161	144 323	281 467
Amount Specific Advance Or Credit Directors	2 080	2 861	2 179			1 387
Amount Specific Advance Or Credit Repaid In Period Directors			682				1 387
Amount Specific Advance Or Credit Made In Period Directors						1 387
Accumulated Amortisation Impairment Intangible Assets						1 000	2 000	3 000	4 000
Additions Other Than Through Business Combinations Investment Property Fair Value Model				336 524	154 673		281 502
Amounts Owed To Group Undertakings			46 008	46 008	46 008	46 008	46 008	46 008	46 258
Disposals Decrease In Depreciation Impairment Property Plant Equipment				527 112	666 454	618 157	716 368	429 446	911 899
Disposals Property Plant Equipment				1 485 974	1 851 633	1 587 355	1 696 623	1 794 500	2 334 527
Increase From Amortisation Charge For Year Intangible Assets						1 000	1 000	1 000	1 000
Intangible Assets						4 000	3 000	2 000	1 000
Intangible Assets Gross Cost						5 000	5 000	5 000
Investment Property			885 000	1 221 524	1 376 197	1 376 197	1 657 699	1 376 197	1 376 197
Investment Property Fair Value Model			885 000	1 221 524	1 376 197	1 376 197	1 657 699	1 376 197
Investments In Group Undertakings			32 100	32 100	32 100	32 100	32 100	32 100	32 100
Total Additions Including From Business Combinations Property Plant Equipment				1 592 659	2 067 802	1 859 112	1 935 435	1 950 746	18 252
Disposals Investment Property Fair Value Model								281 502
Total Additions Including From Business Combinations Intangible Assets						5 000
Advances Credits Directors	2 080	2 861
Advances Credits Made In Period Directors		2 861
Advances Credits Repaid In Period Directors		2 080
Capital Employed	4 609 113	4 875 676
Creditors Due Within One Year	302 403	148 006
Number Shares Allotted		6 427
Par Value Share		1
Provisions For Liabilities Charges	178 200	230 609
Revaluation Reserve	212 887	212 887
Share Capital Allotted Called Up Paid	6 427	6 427
Share Premium Account	84 518	84 518
Tangible Fixed Assets Additions		1 558 946
Tangible Fixed Assets Cost Or Valuation	4 075 667	4 137 839
Tangible Fixed Assets Depreciation	1 398 845	1 281 932
Tangible Fixed Assets Depreciation Charged In Period		558 304
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		675 217
Tangible Fixed Assets Disposals		1 496 774