EURO HIREDRIVE LIMITED Financials
- Company number
- SC235459CopyCopy
- Registered office
- 2 Fitzroy Place, Glasgow G3 7RH
- Incorporated
- 16/08/2002
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
6.30%vs 20232023: £76.75K
Total Assets
5.42%vs 20232023: £1.47M
Cash in Bank
357.40%vs 20232023: £36.75K
Total Liabilities
8.11%vs 20232023: £837.20K
Employees
+2vs 20232023: 6
In 2024, EURO HIREDRIVE LIMITED reported net assets of £81.59K. The same filing shows total assets of £1.55M, cash in bank of £168.09K and total liabilities of £905.10K. Reported headcount was 8 in 2024. Cash in Bank rose from £36.75K in 2023 to £168.09K in 2024 (357.40%). Okredo holds filed figures for 2021–2024; 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
6.30%from £76.75K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures EURO HIREDRIVE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+47.4%vs 2022+21.4% a year compound (CAGR)
Cash in Bank
+47.6%vs 2022+21.5% a year compound (CAGR)
Total Assets
+50.8%vs 2022+22.8% a year compound (CAGR)
Total Liabilities
+49.2%vs 2022+22.2% a year compound (CAGR)
Employees
+100%vs 2022+4Biggest increase
Employees+100%
4 in 2022 to 8 in 2024
Every indicator Okredo holds for EURO HIREDRIVE LIMITED rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EURO HIREDRIVE LIMITED'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
- 5.25%2024
- 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.
- Liabilities to total assets
- 58.22%2024
- 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.
- Cash to liabilities
- 18.57%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 10.81%2024
- 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 EURO HIREDRIVE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 27.52K | 55.35K | 76.75K | 81.59K |
| Total Assets£ | 470.16K | 1.03M | 1.47M | 1.55M |
| Cash in Bank£ | – | 113.89K | 36.75K | 168.09K |
| Total Liabilities£ | 442.64K | 606.45K | 837.20K | 905.10K |
| Employees | 4 | 4 | 6 | 8 |
EURO HIREDRIVE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for EURO HIREDRIVE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
EURO HIREDRIVE LIMITED reported net assets of £81.59K for 2024. That compares with £76.75K in 2023, a change of 6.30%.
EURO HIREDRIVE LIMITED reported total assets of £1.55M for 2024. That compares with £1.47M in 2023, a change of 5.42%.
EURO HIREDRIVE LIMITED reported cash in bank of £168.09K for 2024. That compares with £36.75K in 2023, a change of 357.40%.
EURO HIREDRIVE LIMITED reported 8 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, EURO HIREDRIVE LIMITED's net assets rose by 47.4%, cash in bank rose by 47.6%, total assets rose by 50.8% and total liabilities rose by 49.2%. Net assets compounded at 21.4% a year across the two years to 2024, from £55.35K to £81.59K. Reported headcount went from 4 in 2022 to 8 in 2024 (+4).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.