Plantforce Rentals Ltd

Plantforce Rentals Ltd, based in Weston-super-Mare, UK, is a substantial player in the construction equipment rental industry. Founded 33 years ago in 1992, this holding company employs 177 people and boasts impressive assets of £16,554,926. With an annual revenue of £57,785,425, it’s a significant contributor to the local economy. The company has nine directors and a single owner, and maintains a perfect 5.0-star rating on Google based on 16 reviews.

The business specializes in renting construction and civil engineering machinery and equipment, offering a wide range of options from tracked excavators to crushing and screening solutions. They also provide digital GPS solutions and attachments, catering to diverse project needs. Plantforce actively exports vehicles, parts, and accessories – irregularly, with the last export operation occurring two months ago in October 2023.

Financially, Plantforce shows a mixed picture. While turnover increased by 35%, to £58 million, net assets have decreased by 22% to £6.8 million. Bank borrowings have risen sharply by 1700%, reaching £9.1 million, while cash reserves have fallen by 60% to £1.6 million. Creditors have also increased by 30%, suggesting a greater reliance on short-term financing. The company’s large size (meeting two of three criteria for a large company) and the increase in borrowings, could be a sign of expansion or investment, but the drop in cash reserves warrants closer attention. The accounts are unaudited, and Bishop Fleming Bath Limited is the auditor.

Despite these financial fluctuations, Plantforce’s strong Google rating and focus on innovation – including simulators and digital solutions – suggest a commitment to customer service and technological advancement. The company’s emphasis on sustainability, skills development, and mental health support further strengthens its reputation and positions it for continued success.

Registered in England/Wales under the registration number 02677625, with a registered address at BS23 3YW, England, Weston Super Mare, Plantforce Rentals Ltd Bristol Depot, Winterstoke Road.

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