ADVANTAGE HIRE LTD Financials
- Company number
- 06820922Copy
Copy - Registered office
- 14 Ensign Drive, Palmers Green, London N13 5AN
- Incorporated
- 17/02/2009
Company snapshot
- Status
- Active
- Employees
- 6 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
140.03%vs 20242024: £-147.69K
Total Assets
237.29%vs 20242024: £95.80K
Cash in Bank
425.29%vs 20242024: £44.16K
Total Liabilities
8.43%vs 20242024: £243.49K
Employees
0vs 20242024: 6
In 2025, ADVANTAGE HIRE LTD reported net assets of £59.12K. The same filing shows total assets of £323.13K, cash in bank of £231.96K and total liabilities of £264.01K. Reported headcount was 6 in 2025. Total Assets rose from £95.80K in 2024 to £323.13K in 2025 (237.29%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
140.03%from £-147.69K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures ADVANTAGE HIRE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-88.8%vs 2023-66.6% a year compound (CAGR)
Cash in Bank
-52%vs 2023-30.7% a year compound (CAGR)
Total Assets
-43.9%vs 2023-25.1% a year compound (CAGR)
Total Liabilities
+460%vs 2023+137% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+460%
£47.12K in 2023 to £264.01K in 2025
Biggest decrease
Net Assets-88.8%
£528.57K in 2023 to £59.12K in 2025
ADVANTAGE HIRE LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ADVANTAGE HIRE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 18.30%2025
- Liabilities to total assets
- 81.70%2025
- Cash to liabilities
- 87.86%2025
- Cash to total assets
- 71.79%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ADVANTAGE HIRE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 703.70K | 725.59K | 528.57K | -147.69K | 59.12K |
| Total Assets£ | 829.33K | 741.73K | 575.70K | 95.80K | 323.13K |
| Cash in Bank£ | 520.13K | 671.31K | 482.78K | 44.16K | 231.96K |
| Total Liabilities£ | 125.63K | 16.15K | 47.12K | 243.49K | 264.01K |
| Employees | 8 | 8 | 6 | 6 | 6 |
ADVANTAGE HIRE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has ADVANTAGE HIRE LTD filed financial statements?
Yes. Okredo holds filed figures for ADVANTAGE HIRE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did ADVANTAGE HIRE LTD report in 2025?
ADVANTAGE HIRE LTD reported net assets of £59.12K for 2025. That compares with £-147.69K in 2024, a change of 140.03%.
What total assets did ADVANTAGE HIRE LTD report in 2025?
ADVANTAGE HIRE LTD reported total assets of £323.13K for 2025. That compares with £95.80K in 2024, a change of 237.29%.
What cash in bank did ADVANTAGE HIRE LTD report in 2025?
ADVANTAGE HIRE LTD reported cash in bank of £231.96K for 2025. That compares with £44.16K in 2024, a change of 425.29%.
How many people does ADVANTAGE HIRE LTD employ?
ADVANTAGE HIRE LTD reported 6 employees in 2025, compared with 6 in 2024.
How have ADVANTAGE HIRE LTD financials changed over the last 3 years?
Between 2023 and 2025, ADVANTAGE HIRE LTD's net assets fell by 88.8%, cash in bank fell by 52%, total assets fell by 43.9% and total liabilities rose by 460%. Net assets contracted at 66.6% a year across the two years to 2025, from £528.57K to £59.12K. Reported headcount went from 6 in 2023 to 6 in 2025.
Which years of ADVANTAGE HIRE LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.