Century Hire Limited

Century Hire Limited, based in Harrow, UK, is a small, family-run business with an active status, established ten years ago. The company employs three people and holds £151,867 in assets, operating from a virtual address shared by 54 other companies. Two directors and two owners manage the business, which is an irregular importer of basic metal tools and utensils, with one month of imports recorded as of November 2023.

The company’s website, Century Containers, focuses on the sales, hire, repair, and conversion of shipping containers. It operates a national network of depots across the UK, offering a wide range of services from new and used container sales to bespoke conversions and secure self-storage solutions. The site also features an e-commerce section for container parts, and a blog showcasing various applications of shipping containers, including garden sheds and home business use. Century Containers positions itself as a comprehensive provider of container solutions, catering to both trade and domestic customers.

Financially, Century Hire Limited shows some concerning trends. Accumulated depreciation has increased by 17%, and the number of employees has decreased by 33%. Bank borrowings have decreased by 12%, but overdrafts have increased significantly. Creditors have risen dramatically by 63%, while cash bank on hand has only slightly decreased. Debtor levels have increased by 45%, and other taxation social security payable has risen by 75%. Despite these challenges, the company’s net assets have increased by 84%, and its total assets less current liabilities have increased by 22%. The company is a small entity, meeting two of three conditions for classification (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees). As a small company, it is exempt from an audit, and the figures are unaudited. The company’s increased debt and rising creditors suggest it may be burning through cash, but the increased net assets indicate some level of financial stability.

Registered in England/Wales under the registration number 09076390, with a registered address at HA1 1BQ, Harrow, Middlesex, Unit 201, 2nd Floor Metroline House, 118-122 College Road.

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