Company Overview
Uskip Hire Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 25 June 2007, so this is a well established company. Uskip Hire Limited has been in business for 18 years and 9 months. The accounts status is micro entity and the accounts are next due on Tuesday 28 February 2023.
Registered Address

5 Hunting Gate, Hitchin, SG4 0TJ
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Companies House Data
Company NameUSKIP HIRE LIMITED
Company Number06291533
Registered Office Address5 Hunting Gate
 SG4 0TJ
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date25/06/2007
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2023
Accounts Last Made Up Date31/05/2021
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date28/07/2016
Returns Last Made Up Date30/06/2015
Previous Company NameChanged Date
WINTERS RECYCLING LIMITED26 Mar 2019
WINTERS SKIP HIRE LTD23 Jun 2009
Directors & Members
Show Resigned
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-May-2021 31-May-2019 31-May-2018
Balance Sheet
Fixed Assets 600,778 805,038 776,043
Current Assets 457,206 468,548 531,389
Creditors Due Within One Year 754,928 422,825 605,474
Working Cap -297,722 45,723 -74,085
Total Assets Less Current Liabilities 303,056 850,761 701,958
Long-term Liabilities 276,374 628,318 577,078
Net Assets 26,682 222,443 124,880
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 26,682 222,443 124,880
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2019 31-May-2018
Tangible Fixed Assets - - -
Fixed Assets 56.8% 63.2% 59.4%
Stocks Inventory - - -
Debtors - 41.5% 31.2%
Cash Bank In Hand - 6.3% 9.4%
Current Assets 43.2% 36.8% 40.6%
Creditors Due Within One Year 71.4% 33.2% 46.3%
Net Current Assets Liabilities -28.1% 3.6% -5.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 2.5% 17.5% 9.6%
Capital Employed - - -
Total Assets Less Current Liabilities 28.6% 66.8% 53.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2019 31-May-2018
Liquidity Ratio 0.6 1.1 0.9
Solvency Ratio 1.0 1.2 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2019 31-May-2018
Assets 1,057,984 1,273,586 1,307,432
Debt 1,031,302 1,051,143 1,182,552
Net Assets/Debt 26,682 222,443 124,880
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Order of court to wind up
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Termination of appointment of Lee Hayhow as a director on 10 September 2023
Registered office address changed from 82 st John’S Street 82 at Johns Street London London EC2M 4JN England to 5 Hunting Gate Hitchin SG4 0TJ on 6 September 2023
Registered office address changed from 5 Hunting Gate Hitchin SG4 0TJ England to 82 st John’S Street 82 at Johns Street London London EC2M 4JN on 3 September 2023
Director's details changed for Mr Lee Hayhow on 17 August 2023
Registered office address changed from Moorfields Advisory Ltd 82 at Johns Street London EC1M 4JN United Kingdom to 5 Hunting Gate Hitchin SG4 0TJ on 17 August 2023
Registered office address changed from Moorfields Advisory Ltd 82 at Johns Street London EC1M 4JN United Kingdom to Moorfields Advisory Ltd 82 at Johns Street London EC1M 4JN on 7 June 2023
Registered office address changed from 5 Hunting Gate Hitchin SG4 0TJ England to Moorfields Advisory Ltd 82 at Johns Street London EC1M 4JN on 7 June 2023
Appointment of Mr Lee Hayhow as a director on 7 June 2023
Termination of appointment of Lee Hayhow as a director on 1 April 2023
Resolutions
Registration of charge 062915330003, created on 23 December 2022
Satisfaction of charge 062915330002 in full
Termination of appointment of Mark Robinson as a director on 30 November 2022
Confirmation statement made on 30 September 2022 with no updates
Registration of charge 062915330002, created on 3 May 2022
Director's details changed for Mr Lee Hayhow on 2 February 2022
Termination of appointment of Neil George Hobbs as a director on 19 November 2021
Appointment of Mr Mark Robinson as a director on 27 October 2021
Confirmation statement made on 30 September 2021 with updates
Change of details for The Rubbish Company Ltd as a person with significant control on 1 June 2021
Previous accounting period extended from 31 December 2020 to 31 May 2021
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