MODERN HIRE UK LIMITED Financials
- Company number
- 09471890CopyCopy
- Registered office
- 12 New Fetter Lane, London, United Kingdom EC4A 1JP
- Incorporated
- 05/03/2015
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
6.97%vs 20232023: £-728.60K
Total Assets
-61.34%vs 20232023: £858.34K
Cash in Bank
-43.66%vs 20232023: £537.17K
Total Liabilities
-36.24%vs 20232023: £1.58M
Employees
0vs 20232023: 3
In 2024, MODERN HIRE UK LIMITED reported net assets of £-677.81K. The same filing shows total assets of £331.83K, cash in bank of £302.62K and total liabilities of £1.01M. Reported headcount was 3 in 2024. Total Liabilities fell from £1.58M in 2023 to £1.01M in 2024 (-36.24%). 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
6.97%from £-728.60K 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 MODERN HIRE UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+195%vs 2022+71.6% a year compound (CAGR)
Total Assets
-29.8%vs 2022-16.2% a year compound (CAGR)
Total Liabilities
-18.2%vs 2022-9.6% a year compound (CAGR)
Employees
-25%vs 2022-1Biggest increase
Cash in Bank+195%
£102.75K in 2022 to £302.62K in 2024
Biggest decrease
Total Assets-29.8%
£472.95K in 2022 to £331.83K in 2024
MODERN HIRE UK 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 total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MODERN HIRE UK 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
- -204.27%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
- 304.27%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
- 29.97%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
- 91.20%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 MODERN HIRE UK 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£ | -782.27K | -762.04K | -728.60K | -677.81K |
| Total Assets£ | 397.61K | 472.95K | 858.34K | 331.83K |
| Cash in Bank£ | 110.77K | 102.75K | 537.17K | 302.62K |
| Total Liabilities£ | 1.18M | 1.23M | 1.58M | 1.01M |
| Employees | 4 | 4 | 3 | 3 |
MODERN HIRE UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MODERN HIRE UK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MODERN HIRE UK LIMITED reported net assets of £-677.81K for 2024. That compares with £-728.60K in 2023, a change of 6.97%.
MODERN HIRE UK LIMITED reported total assets of £331.83K for 2024. That compares with £858.34K in 2023, a change of -61.34%.
MODERN HIRE UK LIMITED reported cash in bank of £302.62K for 2024. That compares with £537.17K in 2023, a change of -43.66%.
MODERN HIRE UK LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, MODERN HIRE UK LIMITED's cash in bank rose by 195%, total assets fell by 29.8%, total liabilities fell by 18.2% and employee numbers fell by 25%. Cash in bank compounded at 71.6% a year across the two years to 2024, from £102.75K to £302.62K. Reported headcount went from 4 in 2022 to 3 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.