Reflex Vehicle Hire Limited

Reflex Vehicle Hire Ltd, based in Loughborough, UK, is a holding company with an active status, established thirteen years ago in 2011. The company employs 159 people and holds assets valued at £8,252,770. With two directors and one owner, it operates from a real address and boasts a respectable Google rating of 4.0 based on 54 reviews. The business regularly imports optical and medical tools and devices (for five months, with the last import in 2018) and irregularly exports vehicles, parts, and accessories (for one month, with the last export in July 2024).

The company’s website highlights its role as a provider of commercial vehicle rental services, catering to businesses needing flexible transport solutions. They offer a wide range of vehicles, from vans with crew capacity to executive cars, and emphasize tailored services like racking, livery, and technology integration. A key feature is their "Drive with Reflex" safety program, which incorporates tracking, dashcams, and driver risk management technology. The website also promotes their expertise in electric vehicles, offering resources and solutions for businesses transitioning to greener transport.

Financially, Reflex Vehicle Hire Ltd presents a mixed picture. While cash reserves experienced a substantial increase of 500%, reaching £850,000, net assets decreased by 14% to £8.8 million. Bank borrowings increased by 40%, reaching £2.4 million, and current assets declined by 23%, falling to £8.3 million. A significant drop in deferred tax liabilities by 15% to £2.8 million was also noted. Creditors increased by 18%, reaching £1.9 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Reflex Vehicle Hire Ltd appears to be navigating a period of change, with a focus on electric vehicle solutions and a commitment to safety. Whether these initiatives will translate into sustained financial growth remains to be seen.

Registered in England/Wales under the registration number 07813062, with a registered address at LE11 5TR, England, Loughborough, 22 Belton Road West, 22 Belton Road West.

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