Dry Hire Lighting Limited

Dry Hire Lighting Ltd, based in Diss, UK, is a small holding company with an active status, celebrating 21 years since its founding in 2003. Employing five people and holding £1,239,397 in assets, the company operates from a real address shared with two other businesses. It's managed by four directors and owned by one individual, though the owner's identity isn’t fully disclosed. The company regularly imports and exports furniture, lighting, and prefabricated buildings, though only for short periods – two months of import activity and two months of export activity were recorded, with the latest import in October 2024 and the last export in February 2024.

Dry Hire Lighting Ltd functions as a rental company, providing lighting equipment within the entertainment industry on a dry hire only basis. Its website highlights a focus on serving professional lighting hire companies, acting as a neutral partner to fulfil equipment shortfalls. They stock equipment from leading manufacturers, carefully maintained and tested, and supplied for hire in unbranded flightcases. The company doesn’t seek the limelight, preferring to operate discreetly. They even have a trade account registration link to Midwich website.

Financially, Dry Hire Lighting Ltd demonstrates a mixed picture. Cash reserves increased significantly by 56%, reaching £550,000, which is good news. However, net assets increased by 61%, to £1,900,000, which is a positive sign. Bank borrowings decreased by 35%, to £23,000, and bank overdrafts increased by 11%, to £11,000. Creditors increased by 3.5% to £590,000, and trade debtors decreased by 3.1% to £600,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in creditors suggests a need to manage short-term liabilities. As a small company, it’s exempt from an audit, so the figures are unaudited. The company's increased equity, despite a dip in cash, could be due to retained earnings, suggesting a profitable year.

Registered in England/Wales under the registration number 04803429, with a registered address at IP22 4YT, United Kingdom, Diss, Norfolk, Midwich Limited, Vinces Road.

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