Trenchless Plant Hire Ltd

Trenchless Plant Hire Ltd, based in Barnsley, UK, is a small, holding company with an active status, established twelve years ago in 2013. The company holds £194,451 in assets, operates from a real address, and is managed by one director and one owner. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with the last import operation occurring two months ago in August 2023.

The company’s website showcases a specialized business focused on trenchless plant hire, offering equipment for guided auger and thrust boring. It caters to construction projects, providing machinery for installing various pipe types and offering services like training and support. The site also highlights its accreditation and testimonials from satisfied customers, emphasizing its commitment to quality and customer service. The company's website also has a mailing list for customers to sign up.

Financially, Trenchless Plant Hire Ltd’s recent performance shows some concerning trends. While current assets increased slightly to £190,000, net assets took a significant dip, falling 6.8% to £450,000. Cash bank on hand decreased by 41%, settling at £2,900. Creditors, however, saw a substantial rise of 210%, reaching £190,000—a potential sign of increased borrowing. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity and cash reserves warrants attention. The company is exempt from audit, so the figures are unaudited.

The company’s financial data suggests a period of tightening, with increased reliance on credit. While the core business appears to be thriving—specializing in a niche market—the company needs to manage its debt and maintain a healthy cash flow to ensure long-term stability.

Registered in England/Wales under the registration number 08374317, with a registered address at S71 3HS, Barnsley,, Shawfield Road, Carlton Industrial Estate,.

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