Blitz Hire Limited

Blitz Hire Ltd, based in Welham Green, UK, is a large, holding company with an active status. Founded 22 years ago in 2002, the company employs 21 people and boasts assets of £3,750,063. It has a real address, four directors, and one owner, and enjoys a stellar 5.0 Google rating based on seven reviews. Blitz Hire is an irregular importer, specializing in machinery, boilers, and mechanical appliances; parts, with the last import operation occurring in January 01, 1925.

The company operates in the other business support service activities n.e.c. industries, providing film, TV, and event rigging and structures solutions. Its website highlights its role as the UK's undisputed leader in equipment provision to these sectors, boasting an extensive inventory and action-oriented culture. Blitz Hire has a headquarters in Hatfield, UK, and caters to a wide range of projects.

Financially, Blitz Hire Ltd shows some concerning trends. Accrued liabilities decreased by 23%, while administrative expenses increased by 52%. Staff costs rose by 36%, and net assets increased by 36%, but cash bank on hand fell by 55%. Bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The company’s size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) suggests a robust operation, but the decline in cash and rise in debt raise questions. The company’s auditor is BHP LLP, and the financial statements are audited.

In short, Blitz Hire Ltd is a well-regarded player in its niche, but the recent financial data suggests it’s burning through money like a startup, and it’s important to keep an eye on its debt levels.

Registered in England/Wales under the registration number 04592160, with a registered address at AL9 7HN, United Kingdom, Welham Green, Hertfordshire, Welham Distribution Centre, 172 Travellers Lane.

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