Attachment Hire Limited

Attachment Hire Ltd, based in Chatham, UK, is a small, active company founded 15 years ago. With 14 employees and £2,390,373 in assets, it operates from a real address and is managed by one director and owner. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with its last import activity occurring two months ago in October 2021.

The company’s website highlights Attachment Hire Ltd as a rapidly growing business specializing in hydraulic and mechanical attachments for excavators. It offers a full range of specialist equipment and provides expert advice, site visits, and fitting services. The company operates from Wakeley Yard in Rainham, Kent, and its website design was completed in 2016. It’s clear that the business is focused on providing equipment rental and related services to the construction and civil engineering industries.

Financially, Attachment Hire Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased significantly by 270%, while bank borrowings surged by 420%, reaching £310,000. Cash reserves decreased by 32% to £90,000. Creditors, however, rose dramatically by 71%, and current assets increased by 91% to £2,400,000. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible. The rise in creditors, however, could indicate some strain on working capital. As a small company, it’s likely exempt from an external audit, so the financial information is unaudited. The company’s growth in bank borrowings may suggest a need for additional capital to support its expansion, or perhaps a temporary setback.

Registered in England/Wales under the registration number 07106011, with a registered address at ME4 6AE, Chatham, 1-3 Manor Road.

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