Company Overview
Think Hire Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 22 May 2018, so this is a well established company. Think Hire Ltd has been in business for 7 years and 10 months. The accounts status is small and the accounts are next due on Tuesday 31 March 2026.
Registered Address

Waldron House Drury Lane, Chadderton, Oldham, OL9 8EU
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Companies House Data
Company NameTHINK HIRE LTD
Company Number11375414
Registered Office AddressWaldron House Drury Lane
 Chadderton
 OL9 8EU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date22/05/2018
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategorySMALL
Returns Next Due Date19/06/2019
Directors & Members
Show Resigned
Peter Clarkson - Director
(British, 48 years old, born May 1978)
Appointed 09 December 2022
 Active
Christopher Dickinson - Director
(British, 39 years old, born July 1987)
Appointed 03 September 2024
 Active
James Gabbott - Director
(British, 43 years old, born December 1983)
Appointed 03 September 2024
 Active
Neil Richardson - Director
(British, 43 years old, born April 1983)
Appointed 27 December 2019
 Active
Paul Willis - Director
(British, 63 years old, born December 1963)
Appointed 01 April 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Peter Clarkson
CNG (GROUP) LIMITED
CNG CENTRAL SERVICES CO LIMITED
CNG EBT LIMITED
CNG ELECTRICITY LIMITED
CNG ENERGY LIMITED
CNG MERCHANT SERVICES LIMITED
CNG RETAIL HOLDCO LIMITED
CNG RETAIL UK LIMITED
CNG SWITCH LIMITED
CNG TRUSTEES LIMITED
CONTRACT NATURAL GAS 2 LIMITED
CONTRACT NATURAL GAS LIMITED
CONTRACT NATURAL GAS SOFTWARE LIMITED
MENZIES DISTRIBUTION LOGISTICS LIMITED
MENZIES DISTRIBUTION SERVICES LIMITED
MENZIES DISTRIBUTION SOLUTIONS LIMITED
THINK ENERGY GROUP LIMITED
Christopher Dickinson
THINK ENERGY GROUP LIMITED
James Gabbott
THINK ENERGY GROUP LIMITED
Neil Richardson
EDWARD BARNES LIMITED
EVOLUTION BUSINESS DEVELOPMENT LTD
GARIC LIMITED
KENSITE SERVICES LIMITED
THINK ENERGY GROUP LIMITED
Paul Willis
THINK ENERGY GROUP LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 2,923,637 2,923,637 1,983,313
Current Assets 1,460,679 1,460,679 879,768
Creditors Due Within One Year 3,113,957 3,113,957 2,484,742
Working Cap -1,653,278 -1,653,278 -1,604,974
Total Assets Less Current Liabilities 1,270,359 1,270,359 378,339
Long-term Liabilities 587,732 587,732 356,474
Net Assets 682,627 682,627 21,865
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 682,627 682,627 21,865
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 66.7% 66.7% 69.3%
Stocks Inventory - - -
Debtors 32.0% 32.0% 29.2%
Cash Bank In Hand 1.1% 1.1% 1.5%
Current Assets 33.3% 33.3% 30.7%
Creditors Due Within One Year 71.0% 71.0% 86.8%
Net Current Assets Liabilities -37.7% -37.7% -56.1%
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 15.6% 15.6% 0.8%
Capital Employed - - -
Total Assets Less Current Liabilities 29.0% 29.0% 13.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Liquidity Ratio 0.5 0.5 0.4
Solvency Ratio 1.2 1.2 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Assets 4,384,316 4,384,316 2,863,081
Debt 3,701,689 3,701,689 2,841,216
Net Assets/Debt 682,627 682,627 21,865

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. 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.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. 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.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. 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.

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
Confirmation statement made on 19 May 2025 with no updates
Director's details changed for Mr Christopher Adam Dickinson on 6 September 2024
Appointment of Mr Christopher Adam Dickinson as a director on 3 September 2024
Appointment of Mr James Gabbott as a director on 3 September 2024
Confirmation statement made on 19 May 2024 with no updates
Confirmation statement made on 19 May 2023 with updates
Termination of appointment of Craig Stephen Ainscough as a director on 9 December 2022
Termination of appointment of Aidan John Grimshaw as a director on 9 December 2022
Appointment of Mr Peter James Clarkson as a director on 9 December 2022
Resolutions
Cancellation of shares. Statement of capital on 7 December 2022
Purchase of own shares.
Resolutions
Memorandum and Articles of Association
Cessation of Craig Stephen Ainscough as a person with significant control on 9 December 2022
Registered office address changed from Unit 9 Chanters Industrial Estate Tyldesley Old Road Atherton Manchester M46 9BE England to Waldron House Drury Lane Chadderton Oldham OL9 8EU on 19 December 2022
Cessation of Neil Robert Richardson as a person with significant control on 9 December 2022
Cessation of Kensite Holdings Ltd as a person with significant control on 9 December 2022
Notification of Think Energy Group Limited as a person with significant control on 9 December 2022
Registration of charge 113754140006, created on 9 December 2022
Satisfaction of charge 113754140002 in full
Registration of charge 113754140005, created on 9 December 2022
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