LAV-HIRE LIMITED Financials
- Company number
- 05991222CopyCopy
- Industry
- Renting and leasing of other machinery equipment and tangible goods n.e.c. (77.39 - SIC 2007)
- Registered office
- 14 Millfield Road, West Kingsdown, Kent TN15 6BS
- Incorporated
- 07/11/2006
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-68.31%vs 20232023: £35.96K
Total Assets
85.17%vs 20232023: £81.81K
Total Liabilities
205.51%vs 20232023: £45.86K
Employees
-6vs 20232023: 12
In 2024, LAV-HIRE LIMITED reported net assets of £11.40K. The same filing shows total assets of £151.50K and total liabilities of £140.10K. Reported headcount was 6 in 2024. Total Liabilities rose from £45.86K in 2023 to £140.10K in 2024 (205.51%). 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
-68.31%from £35.96K 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 LAV-HIRE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-53%vs 2022-31.4% a year compound (CAGR)
Total Assets
+21.8%vs 2022+10.4% a year compound (CAGR)
Total Liabilities
+39.9%vs 2022+18.3% a year compound (CAGR)
Employees
-60%vs 2022-9Biggest increase
Total Liabilities+39.9%
£100.17K in 2022 to £140.10K in 2024
Biggest decrease
Employees-60%
15 in 2022 to 6 in 2024
LAV-HIRE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 LAV-HIRE 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
- 7.52%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
- 92.48%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 LAV-HIRE 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£ | 66.02K | 24.23K | 35.96K | 11.40K |
| Total Assets£ | 151.66K | 124.40K | 81.81K | 151.50K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 85.64K | 100.17K | 45.86K | 140.10K |
| Employees | 1 | 15 | 12 | 6 |
LAV-HIRE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LAV-HIRE LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
LAV-HIRE LIMITED reported net assets of £11.40K for 2024. That compares with £35.96K in 2023, a change of -68.31%.
LAV-HIRE LIMITED reported total assets of £151.50K for 2024. That compares with £81.81K in 2023, a change of 85.17%.
LAV-HIRE LIMITED reported total liabilities of £140.10K for 2024. That compares with £45.86K in 2023, a change of 205.51%.
LAV-HIRE LIMITED reported 6 employees in 2024, compared with 12 in 2023.
Between 2022 and 2024, LAV-HIRE LIMITED's net assets fell by 53%, total assets rose by 21.8%, total liabilities rose by 39.9% and employee numbers fell by 60%. Net assets contracted at 31.4% a year across the two years to 2024, from £24.23K to £11.40K. Reported headcount went from 15 in 2022 to 6 in 2024 (-9).
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.