PALMER & MARTIN VEHICLE HIRE LTD Financials
- Company number
- 04166902CopyCopy
- Registered office
- The Octagon Suite E2, 2nd Floor, Middleborough, Colchester, Essex CO1 1TG
- Incorporated
- 23/02/2001
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-52.73%vs 20242024: £457.70K
Total Assets
12.38%vs 20242024: £5.16M
Cash in Bank
-41.13%vs 20242024: £260.08K
Total Liabilities
18.56%vs 20242024: £2.54M
Employees
0vs 20242024: 0
In 2025, PALMER & MARTIN VEHICLE HIRE LTD reported net assets of £216.35K. The same filing shows total assets of £5.79M, cash in bank of £153.11K and total liabilities of £3.01M. Reported headcount was 0 in 2025. Total Assets rose from £5.16M in 2024 to £5.79M in 2025 (12.38%). Okredo holds filed figures for 2021–2025; 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
-52.73%from £457.70K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures PALMER & MARTIN VEHICLE HIRE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-55.5%vs 2023-33.3% a year compound (CAGR)
Cash in Bank
-54.1%vs 2023-32.3% a year compound (CAGR)
Total Assets
+74.7%vs 2023+32.2% a year compound (CAGR)
Total Liabilities
+97.4%vs 2023+40.5% a year compound (CAGR)
Employees
-100%vs 2023-11Biggest increase
Total Liabilities+97.4%
£1.53M in 2023 to £3.01M in 2025
Biggest decrease
Employees-100%
11 in 2023 to 0 in 2025
PALMER & MARTIN VEHICLE HIRE LTD's filings pull in both directions between 2023 and 2025. 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 PALMER & MARTIN VEHICLE 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
- 3.73%2025
- 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
- 51.99%2025
- 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
- 5.08%2025
- 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
- 2.64%2025
- 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 PALMER & MARTIN VEHICLE HIRE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 155.77K | 228.43K | 485.71K | 457.70K | 216.35K |
| Total Assets£ | 1.83M | 2.20M | 3.32M | 5.16M | 5.79M |
| Cash in Bank£ | 186.57K | 204.93K | 333.83K | 260.08K | 153.11K |
| Total Liabilities£ | 986.05K | 1.10M | 1.53M | 2.54M | 3.01M |
| Employees | 11 | 10 | 11 | 0 | 0 |
PALMER & MARTIN VEHICLE HIRE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PALMER & MARTIN VEHICLE HIRE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PALMER & MARTIN VEHICLE HIRE LTD reported net assets of £216.35K for 2025. That compares with £457.70K in 2024, a change of -52.73%.
PALMER & MARTIN VEHICLE HIRE LTD reported total assets of £5.79M for 2025. That compares with £5.16M in 2024, a change of 12.38%.
PALMER & MARTIN VEHICLE HIRE LTD reported cash in bank of £153.11K for 2025. That compares with £260.08K in 2024, a change of -41.13%.
PALMER & MARTIN VEHICLE HIRE LTD reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, PALMER & MARTIN VEHICLE HIRE LTD's net assets fell by 55.5%, cash in bank fell by 54.1%, total assets rose by 74.7% and total liabilities rose by 97.4%. Net assets contracted at 33.3% a year across the two years to 2025, from £485.71K to £216.35K. Reported headcount went from 11 in 2023 to 0 in 2025 (-11).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.