EXPRESS TOOL HIRE LTD Financials
- Company number
- 04816169CopyCopy
- Industry
- Renting and leasing of construction and civil engineering machinery and equipment (77.32 - SIC 2007)
- Registered office
- Globe House, Colwick Road Colwick, Nottingham, Nottinghamshire NG2 4BG
- Incorporated
- 01/07/2003
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-3.00%vs 20232023: £218.19K
Total Assets
8.89%vs 20232023: £394.12K
Total Liabilities
-19.72%vs 20232023: £175.93K
Employees
0vs 20232023: 5
In 2024, EXPRESS TOOL HIRE LTD reported net assets of £211.64K. The same filing shows total assets of £429.17K and total liabilities of £141.24K. Reported headcount was 5 in 2024. Total Assets rose from £394.12K in 2023 to £429.17K in 2024 (8.89%). 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
-3.00%from £218.19K 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 EXPRESS TOOL HIRE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+27.8%vs 2022+13.1% a year compound (CAGR)
Total Assets
+17.8%vs 2022+8.5% a year compound (CAGR)
Total Liabilities
-28.5%vs 2022-15.5% a year compound (CAGR)
Employees
-16.7%vs 2022-1Biggest increase
Net Assets+27.8%
£165.59K in 2022 to £211.64K in 2024
Biggest decrease
Total Liabilities-28.5%
£197.64K in 2022 to £141.24K in 2024
EXPRESS TOOL HIRE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EXPRESS TOOL 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
- 49.31%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
- 32.91%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for EXPRESS TOOL HIRE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 141.69K | 165.59K | 218.19K | 211.64K |
| Total Assets£ | 377.61K | 364.24K | 394.12K | 429.17K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 221.82K | 197.64K | 175.93K | 141.24K |
| Employees | 6 | 6 | 5 | 5 |
EXPRESS TOOL HIRE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for EXPRESS TOOL HIRE LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
EXPRESS TOOL HIRE LTD reported net assets of £211.64K for 2024. That compares with £218.19K in 2023, a change of -3.00%.
EXPRESS TOOL HIRE LTD reported total assets of £429.17K for 2024. That compares with £394.12K in 2023, a change of 8.89%.
EXPRESS TOOL HIRE LTD reported total liabilities of £141.24K for 2024. That compares with £175.93K in 2023, a change of -19.72%.
EXPRESS TOOL HIRE LTD reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, EXPRESS TOOL HIRE LTD's net assets rose by 27.8%, total assets rose by 17.8%, total liabilities fell by 28.5% and employee numbers fell by 16.7%. Net assets compounded at 13.1% a year across the two years to 2024, from £165.59K to £211.64K. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).
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.