P. Forker Plant Hire Limited

P. Forker Plant Hire Limited, based in West Bromwich, UK, is a small, active company holding company founded 47 years ago in 1977. With 28 employees and £3,407,865 in assets, it’s a well-established player in its field. The company, which has a real address and boasts a stellar 5.0 Google rating from nine reviews, is led by eight directors and owned by Forker Group Holdings Ltd. They regularly import machinery, boilers, and mechanical appliances, with parts imported for the last 11 months.

The company operates in the renting and leasing of construction and civil engineering machinery and equipment industries, offering a comprehensive range of construction services to both public and private sector clients. They have over 50 years of experience and a dedicated team of qualified staff, building a reputation for delivering high-quality projects. Their in-house blend of civil and geotechnical skills allows them to provide a one-stop contracting service for infrastructure, construction, remediation, and ground engineering projects. Recent news highlights include a Christmas raffle for the Lighthouse Club Charity, recognition as Business of the Year, and a Silver Accreditation for Thrive at Work.

Financially, P. Forker Plant Hire Limited presents a mixed picture. Current assets have increased by 33% to £3,400,000, while net assets have increased by 2.9% to £4,100,000. Bank borrowings have increased significantly by 870%, reaching £87,000, and cash reserves have increased by 180% to £2,100,000. Creditors have increased by 66%, suggesting a need to manage debt, and trade debtors have decreased by 61%, which could be a positive sign of efficient collections. 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 agility, but the increase in bank borrowings warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. Overall, P. Forker Plant Hire Limited appears to be a stable, though perhaps slightly stretched, operation, relying on its established reputation and broad range of services to maintain its position in the market.

Registered in England/Wales under the registration number 01326732, with a registered address at B70 0XT, West Bromwich, West Midlands, Golds Green House, Shaw Street.

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