Creative Hire Limited

Creative Hire Ltd, based in Coventry, UK, is a small, active company established 14 years ago. With £2,507,582 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports furniture, lighting, and prefabricated buildings – a consistent activity spanning six months, with the last import in July 2022 – and occasionally exports vehicles, parts, and accessories, though this activity is less frequent, with just one month of exports recorded as of October 2020. It's a private limited company registered in England and Wales, and operates in the renting and leasing of machinery and equipment.

The company's website, Hire Furniture, showcases a wide range of designer and bespoke furniture for events and exhibitions. It caters to organisers, exhibitors, and stand builders, offering a “Biggest Furniture Stock” and a calendar of events. The site highlights new products, including chairs, tables, and sofas, and provides CAD images on request. It’s clearly focused on the event and exhibition industry, offering a one-stop shop for furniture rental needs.

Financially, Creative Hire Ltd presents a mixed picture. Current assets have grown significantly, up 46% to £2,500,000, while net assets have doubled to £1,400,000. However, bank borrowings have decreased by 36%, reaching £180,000, and cash reserves have increased by 53% to £350,000. Creditors have also fallen, down 28%, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the sharp increase in debtors, up 64%, might indicate challenges in collecting payments. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Creative Hire Ltd appears to be financially stable, with growing assets and improved cash flow. However, the rising debt and increased debtors warrant close monitoring. The company’s focus on the event and exhibition sector, combined with its wide range of furniture offerings, positions it well for continued success, though the economic climate could impact the events industry.

Registered in England/Wales under the registration number 07462400, with a registered address at CV7 8HN, England, Coventry, 2-3 Arley Industrial Park Colliers Way, Arley.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.