THE HIRE SERVICE COMPANY TRADING LIMITED

• ⚠

  Material uncertainty over going concern

  The outcome of the transactions noted above involve an anticipated change of ownership and control of the Company. This transaction means that decisions regarding the future operations of the Company could be taken by the new owners and directors who are not currently shareholders or directors at the signing date. The anticipated change of control and associated potential changes to operations for the Company indicates that a material uncertainty exists which may cast significant doubt on the company's ability to continue as a going concern and the Company may be unable to realise its assets and discharge its liabilities in its ordinary course of business.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. THE HIRE SERVICE COMPANY TRADING LIMITED 2025-12-18 → present
2. HSS SERVICE GROUP LIMITED 2024-09-27 → 2025-12-18
3. HSS HIRE SERVICE GROUP LIMITED 2004-01-13 → 2024-09-27
4. HSS HIRE SERVICE GROUP PLC 1991-07-12 → 2004-01-13
5. HSS HIRE GROUP LIMITED 1978-12-31 → 1991-07-12
6. HIRE SERVICE SHOPS LIMITED 1959-12-15 → 1978-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The outcome of the transactions noted above involve an anticipated change of ownership and control of the Company. This transaction means that decisions regarding the future operations of the Company could be taken by the new owners and directors who are not currently shareholders or directors at the signing date. The anticipated change of control and associated potential changes to operations for the Company indicates that a material uncertainty exists which may cast significant doubt on the company's ability to continue as a going concern and the Company may be unable to realise its assets and discharge its liabilities in its ordinary course of business.”

Group structure

1. THE HIRE SERVICE COMPANY TRADING LIMITED · parent
   1. 1st Collection Services Limited 1% · United Kingdom · Dormant
   2. HSS Hire Limited 1% · United Kingdom · Dormant

Significant events

• “Subsequent to the period end, the Group announced that it has entered into a new five-year commercial supplier agreement (Commercial Agreement) with Speedy Hire (Speedy), with an option to extend for three years, resulting in Speedy Hire becoming the principal equipment supply partner to ProService replacing The Hire Service Company ("THSC") which is the trading name used by the Company. Additionally, the Group announced the disposal of the entire issued share capital of HSS Service Group Limited, trading under the brand The Hire Service Company to a third party, a newly formed company indirectly owned by investment funds advised by Endless LLP.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.