HIRE ASSOCIATION EUROPE LIMITED Financials
- Company number
- 01183652CopyCopy
- Registered office
- 2450 Regents Court, The Crescent Birmingham Business Park, Solihull B37 7YE
- Incorporated
- 10/09/1974
Company snapshot
- Status
- Active
- Employees
- 18 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.90%vs 20232023: £955.33K
Total Assets
-0.39%vs 20232023: £2.74M
Cash in Bank
14.71%vs 20232023: £293.61K
Total Liabilities
-5.24%vs 20232023: £1.09M
Employees
+1vs 20232023: 17
In 2024, HIRE ASSOCIATION EUROPE LIMITED reported net assets of £1.00M. The same filing shows total assets of £2.73M, cash in bank of £336.81K and total liabilities of £1.03M. Reported headcount was 18 in 2024. Total Liabilities fell from £1.09M in 2023 to £1.03M in 2024 (-5.24%). 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
4.90%from £955.33K 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 HIRE ASSOCIATION EUROPE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+14.8%vs 2022+7.2% a year compound (CAGR)
Cash in Bank
+35%vs 2022+16.2% a year compound (CAGR)
Total Assets
+3.3%vs 2022+1.6% a year compound (CAGR)
Total Liabilities
-3.4%vs 2022-1.7% a year compound (CAGR)
Employees
-10%vs 2022-2Biggest increase
Cash in Bank+35%
£249.46K in 2022 to £336.81K in 2024
Biggest decrease
Employees-10%
20 in 2022 to 18 in 2024
HIRE ASSOCIATION EUROPE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HIRE ASSOCIATION EUROPE 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
- 36.75%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
- 37.82%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
- 32.66%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
- 12.35%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £93.34K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for HIRE ASSOCIATION EUROPE 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£ | 1.13M | 872.62K | 955.33K | 1.00M |
| Total Assets£ | 2.92M | 2.64M | 2.74M | 2.73M |
| Cash in Bank£ | 450.04K | 249.46K | 293.61K | 336.81K |
| Total Liabilities£ | 1.09M | 1.07M | 1.09M | 1.03M |
| Employees | 18 | 20 | 17 | 18 |
HIRE ASSOCIATION EUROPE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HIRE ASSOCIATION EUROPE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
HIRE ASSOCIATION EUROPE LIMITED reported net assets of £1.00M for 2024. That compares with £955.33K in 2023, a change of 4.90%.
HIRE ASSOCIATION EUROPE LIMITED reported total assets of £2.73M for 2024. That compares with £2.74M in 2023, a change of -0.39%.
HIRE ASSOCIATION EUROPE LIMITED reported cash in bank of £336.81K for 2024. That compares with £293.61K in 2023, a change of 14.71%.
HIRE ASSOCIATION EUROPE LIMITED reported 18 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, HIRE ASSOCIATION EUROPE LIMITED's net assets rose by 14.8%, cash in bank rose by 35%, total assets rose by 3.3% and total liabilities fell by 3.4%. Net assets compounded at 7.2% a year across the two years to 2024, from £872.62K to £1.00M. Reported headcount went from 20 in 2022 to 18 in 2024 (-2).
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.