Action Plant Hire Ltd

Action Plant Hire Ltd, based in Swindon, UK, is a small, active company founded seven years ago. With twelve employees and £714,325 in assets, it’s a modest operation run by two directors and owners. The company has a real address and regularly imports miscellaneous manufactured goods, with its last import activity occurring three months ago. It operates within the construction and civil engineering machinery and equipment rental industries.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. However, the company’s core business appears to be plant and machinery hire in Swindon, England.

Financially, Action Plant Hire Ltd presents a mixed picture. While bank borrowings decreased by 21%, dropping to £280,000, cash reserves increased significantly, soaring 420% to £34,000. Creditors decreased slightly, falling by 1.8% to £1,400,000, suggesting improved debt management. However, net assets liabilities increased by 95%, reaching £360,000, and net current assets liabilities decreased by 13% to -£690,000. The company’s employee numbers have risen by 33%, now standing at sixteen, which may reflect increased business activity or expansion plans. The increase in property, plant, and equipment gross cost by 22% to £1,800,000 also suggests investment in its core machinery.

As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), Action Plant Hire Ltd benefits from agility. However, the increase in net assets liabilities and the decrease in net current assets liabilities indicate potential financial strain. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It’s possible the company is investing heavily in its machinery, which could explain the increase in property, plant, and equipment.

Registered in England/Wales under the registration number 11177828, with a registered address at SN5 7EX, Swindon, Wiltshire, C/O NIGEL B BUTLER LTD, Basepoint Business Centre Rivermead Drive Westlea.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.