Company Overview
Norwich Hire Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 24 October 2019. Norwich Hire Ltd has been in business for 6 years and 5 months. The accounts status is micro entity and the accounts are next due on Friday 31 July 2026.
Registered Address

115B City Road, Norwich, NR1 2HL
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Companies House Data
Company NameNORWICH HIRE LTD
Company Number12279741
Registered Office Address115b City Road
 NR1 2HL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/10/2019
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date21/11/2020
Directors & Members
Show Resigned
Fahad Ahmad - Director
(Pakistani, 26 years old, born November 2000)
Appointed 11 February 2025
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Fahad Ahmad
EAST ANGLIAN MANAGEMENT CONSULTANTS LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 8,383 8,383 9,315
Current Assets 9,689 9,689 10,988
Creditors Due Within One Year 3,184 3,184 2,524
Working Cap 6,505 6,505 8,464
Total Assets Less Current Liabilities 14,888 14,888 17,779
Long-term Liabilities 15,706 15,706 12,203
Net Assets -818 -818 5,576
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -818 -818 5,576
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 46.4% 46.4% 45.9%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 53.6% 53.6% 54.1%
Creditors Due Within One Year 17.6% 17.6% 12.4%
Net Current Assets Liabilities 36.0% 36.0% 41.7%
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 -4.5% -4.5% 27.5%
Capital Employed - - -
Total Assets Less Current Liabilities 82.4% 82.4% 87.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 3.0 3.0 4.4
Solvency Ratio 1.0 1.0 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 18,072 18,072 20,303
Debt 18,890 18,890 14,727
Net Assets/Debt -818 -818 5,576

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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
Other Business around NR1 2HL
EASTERN DAMP SOLUTIONS LTD
115 City Road, Norwich, NR1 2HL
CENTRAL CONSTRUCTION (NORWICH) LIMITED
12 Lancaster Close, Norwich, NR1 2HL
Document Filings
Registered office address changed from 115B City Road Norwich NR1 2HL England to 23 Roundtree Close C/O Bluechip Accountants Norwich NR7 8SX on 25 September 2025
Director's details changed for Mr Fahad Ahmad on 11 February 2025
Confirmation statement made on 11 February 2025 with updates
Termination of appointment of Hyder Ali as a director on 11 February 2025
Cessation of Hyder Ali as a person with significant control on 11 February 2025
Appointment of Mr Fahad Ahmad as a director on 11 February 2025
Notification of Fahad Ahmad as a person with significant control on 11 February 2025
Confirmation statement made on 23 October 2024 with no updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 23 October 2023 with no updates
First Gazette notice for compulsory strike-off
Confirmation statement made on 23 October 2022 with no updates
Confirmation statement made on 23 October 2021 with no updates
Confirmation statement made on 23 October 2020 with no updates
Registered office address changed from 4 Dereham Road Norwich NR2 4HT England to 115B City Road Norwich NR1 2HL on 7 September 2020
Incorporation

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