SPEEDY HIRE PLC
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-02 (in 4mo)
Last made up 2025-08-19
Watchouts
None on the register
Cash
£3M
+33.3% vs 2024
Net assets
£170M
+2.8% vs 2024
Employees
3,335
-2.2% vs 2024
Profit before tax
£24M
+121.3% vs 2024
Name history
Renamed 3 times since incorporation
- SPEEDY HIRE PLC 2001-09-03 → present
- ALLEN PLC 1989-05-31 → 2001-09-03
- ALLEN HOLDINGS (UK) LIMITED 1984-07-20 → 1989-05-31
- ALLEN BROTHERS (LANCASHIRE) LIMITED 1968-02-22 → 1984-07-20
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £411,500,000 | £416,600,000 | |
| Operating profit | £23,000,000 | £38,600,000 | |
| Profit before tax | £10,800,000 | £23,900,000 | |
| Net profit | £2,700,000 | -£1,100,000 | |
| Cash | £2,100,000 | £2,800,000 | |
| Total assets less current liabilities | £363,300,000 | £381,300,000 | |
| Net assets | £165,200,000 | £169,900,000 | |
| Equity | £165,200,000 | £169,900,000 | |
| Average employees | 3,409 | 3,335 | |
| Wages | £114,100,000 | £120,100,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 5.6% | 9.3% | |
| Net margin | 0.7% | -0.3% | |
| Return on capital employed | 6.3% | 10.1% | |
| Gearing (liabilities / total assets) | 65.9% | 66.2% | |
| Current ratio | 0.69x | 0.62x | |
| Interest cover | 1.74x | 2.43x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors' preparation of the financial statements on the going concern basis is appropriate, and state that they have a reasonable expectation that the parent company and the group will have adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of these financial statements. No material uncertainties are present.”
Group structure
- SPEEDY HIRE PLC · parent
- Allen Contracts Limited 100%
- Allen Investments Limited 100%
- Chelwest Limited 100%
- Cheshire (North East) Limited 100%
- Crescentspeedy Hire Plc 100%
- Drayn Technologies Limited 100%
- Hire Asset Limited 100%
- Hire-A-Tool Limited 100%
- Lifterz Limited 100%
- Lifterz Limited 100%
- OHP Limited 100%
- Power Plant & Hire Limited 100%
- Profit Access Limited 100%
- Protek Limited 100%
- Speedy Asset Leasing Limited 100%
- Speedy Construction Limited 100%
- Speedy Engineering Services Limited 100%
- Speedy Hire (Ireland) Limited 100%
- Speedy Hire Centres (Midlands) Limited 100%
- Speedy Hire Direct Limited 100%
- Speedy Power Limited 100%
- Speedy International Asset Services (Holdings) Limited 100%
- Speedy International Asset Services LLC 100%
- Speedy International Leasing Limited 100%
- Speedy Lifting Limited 100%
- Speedy Plant Limited 100%
- Speedy Power Limited 100%
- Speedy Rail Services Limited 100%
- Speedy Services Limited 100%
- Speedy Support Services Limited 100%
- Speedy Transport Limited 100%
- Speedy Ukraine Limited 100%
- Stockton Investments (North East) Limited 100%
- Turner & Hickman Limited 50%
- Turner & Hickman (Ireland) Limited 50%
Significant events
- “The Group revenue decreased by 1.2% to £416.6m (FY2024: £411.5m), impacted by macro-economic factors and slower than anticipated expansion of markets. Group profit before tax was a loss of £1.0m (FY2024: £14.7m) due to reduced revenue, increased interest costs and investment in people and transformation.”
- “Significant progress of Velocity strategy and growth strategy, Velocity pipeline generating new opportunities, 100% of our company car fleet is now electric and hybrid.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 41 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUNT, Neil John | Secretary | 2017-03-30 | — | — |
| BARTLETT, Rhian Helen | Director | 2019-06-01 | Jun 1972 | British |
| DASANI, Shatish Damodar | Director | 2021-02-01 | Mar 1962 | British |
| EVANS, Daniel John | Director | 2022-10-01 | Sep 1985 | British |
| GARMAN, David Noel Christopher | Director | 2017-06-01 | Dec 1951 | British |
| KAVANAGH, Carol | Director | 2021-06-01 | Mar 1962 | British |
| RAYNER, Paul Adrian | Director | 2023-07-01 | Nov 1961 | British |
| SHEARER, David James Buchanan | Director | 2016-09-09 | Mar 1959 | British |
Show 41 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAIR, James Edward | Secretary | 2012-04-01 | 2017-03-30 |
| BROWN, John Ernest | Secretary | — | 1995-07-31 |
| KONCAREVIC, Suzana | Secretary | 2009-07-22 | 2012-03-31 |
| MCGRATH, Michael Andrew | Secretary | 2001-08-23 | 2007-01-02 |
| O'BRIEN, Neil Christopher | Secretary | 1999-06-11 | 2001-08-23 |
| RAWNSLEY, Patrick James | Secretary | 2007-01-02 | 2009-07-22 |
| SMITH, Martin Freeman | Secretary | 1995-07-31 | 1999-06-11 |
| ASTRAND, Jan Gunnar | Director | 2014-11-01 | 2018-10-31 |
| ATKINSON, Peter Duncan | Director | 2005-06-01 | 2011-07-13 |
| AVERILL, Michael Charles Edward | Director | 2008-05-01 | 2015-02-26 |
| BARCLAY, Robert | Director | 2016-04-01 | 2025-09-04 |
| BROWN, John Ernest | Director | — | 2005-07-19 |
| BUNN, James Richard | Director | 2020-09-14 | 2022-11-01 |
| CONTRERAS, Robert Leonard | Director | 2015-12-23 | 2021-02-17 |
| CORCORAN, Steven James | Director | 2001-03-02 | 2014-01-27 |
| DAVIES, Nicholas William | Director | 2000-06-06 | 2001-06-08 |
| DEE, Frank Rigby | Director | 2001-04-02 | 2008-03-31 |
| DOWN, Russell | Director | 2015-04-06 | 2022-09-30 |
| FOX, Kenneth | Director | — | 2001-03-02 |
| GALLOWAY, David Allistair | Director | 2001-04-02 | 2009-05-31 |
| GODWIN, Charles Richard | Director | — | 1995-07-26 |
| GREENHALGH, Donald | Director | — | 2001-03-02 |
| GREENOUGH, Michael Robert | Director | — | 2000-03-03 |
| HILTON, Ian John | Director | — | 2000-07-26 |
| KRIGE, Lynette Gillian | Director | 2011-09-29 | 2014-10-16 |
| MACPHERSON, Ishbel Jean Stewart | Director | 2007-07-17 | 2014-11-11 |
| MASTERS, Christopher | Director | 2011-07-13 | 2015-11-18 |
| MCGRATH, Michael Andrew | Director | 2006-04-01 | 2013-12-05 |
| MORGAN, Michael John | Director | — | 2001-08-23 |
| MORGAN, Thomas Christopher | Director | 2016-04-01 | 2020-07-31 |
| MORLEY, James | Director | 2009-04-02 | 2015-11-30 |
| MOWAT, Magnus | Director | — | 2000-07-26 |
| O'BRIEN, Neil Christopher | Director | 1999-06-11 | 2008-05-31 |
| READ, Justin Richard | Director | 2008-04-01 | 2011-08-27 |
| ROGERSON, Mark | Director | 2013-12-02 | 2015-06-30 |
| SIMPSON, Andrew Christopher | Director | 2003-08-11 | 2006-03-31 |
| SMITH, Martin Freeman | Director | 1995-07-31 | 1999-06-11 |
| VERITIERO, Claudio | Director | 2007-11-28 | 2010-10-31 |
| WALLIS, David William | Director | 2000-06-22 | 2010-12-31 |
| WESTON, Roger Jeremy | Director | 1995-11-01 | 2001-08-23 |
| WORMALD, Michael | Director | 1998-09-28 | 2000-07-26 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 740 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-19 RESOLUTIONS Resolution
- 2024-09-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-09 | AA | accounts | Accounts with accounts type group | |
| 2025-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-11 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-27 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2024-08-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-23 | AA | accounts | Accounts with accounts type group | |
| 2023-10-27 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2023-10-18 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+1.2%
£411,500,000 £416,600,000
-
Cash
+33.3%
£2,100,000 £2,800,000
-
Net assets
+2.8%
£165,200,000 £169,900,000
-
Employees
-2.2%
3,409 3,335
-
Operating profit
+67.8%
£23,000,000 £38,600,000
-
Profit before tax
+121.3%
£10,800,000 £23,900,000
-
Wages
+5.3%
£114,100,000 £120,100,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers