HIRE STATION LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-26 (in 8mo)
Last made up 2026-01-12
Watchouts
None on the register
Cash
£13M
+18.2% vs 2024
Net assets
£80M
-9.6% vs 2024
Employees
1,623
-0.8% vs 2024
Profit before tax
£2M
-67.1% vs 2024
Name history
Renamed 2 times since incorporation
- HIRE STATION LIMITED 2002-03-28 → present
- DOMINDO TOOL HIRE LIMITED 1997-10-28 → 2002-03-28
- NEW ADVENTURES LIMITED 1997-09-03 → 1997-10-28
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 | £180,162,000 | £181,713,000 | |
| Operating profit | £9,664,000 | £5,167,000 | |
| Profit before tax | £6,808,000 | £2,237,000 | |
| Net profit | £4,716,000 | £1,533,000 | |
| Cash | £11,001,000 | £13,007,000 | |
| Total assets less current liabilities | £157,914,000 | £145,337,000 | |
| Net assets | £88,161,000 | £79,662,000 | |
| Equity | £88,161,000 | £79,662,000 | |
| Average employees | 1,636 | 1,623 | |
| Wages | £51,299,000 | £54,920,000 |
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 | 5.4% | 2.8% | |
| Net margin | 2.6% | 0.8% | |
| Return on capital employed | 6.1% | 3.6% | |
| Gearing (liabilities / total assets) | 55.0% | 56.6% | |
| Current ratio | 1.55x | 1.50x | |
| Interest cover | 3.38x | 1.76x |
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
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as the Company's parent, Vp plc, has indicated that it will provide financial support to the company for a period of at least one year from the date of the approval of the financial statements to enable it to discharge its liabilities as they fall due.”
Group structure
- HIRE STATION LIMITED · parent
- MEP Hire Limited 100%
- Arcotherm (UK) Limited 100%
- Test & Measurement Hire Group Limited 100%
- Zenith Survey Equipment Limited 100%
- Survey Connection Scotland Limited 100%
- M&S Hire Limited 100%
Significant events
- “During the year the branch footprint was rationalised through a series of closures and merges, incurring restructuring costs.”
- “Post year-end, MEP made its first move within the Irish market with an acquisition of a specialist M&E tool hire business located within close proximity to Dublin.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Sarah Elizabeth | Secretary | 2023-09-19 | — | — |
| PILKINGTON, Jeremy Frederic George | Director | 1997-09-25 | Mar 1951 | British |
| WINSTANLEY, Keith John | Director | 2024-01-01 | Oct 1982 | British |
| WOODWARK, Alice Elizabeth | Director | 2026-02-02 | Nov 1977 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAINBRIDGE, Allison Margaret | Secretary | 2011-03-01 | 2023-01-01 |
| BIELBY, Anna Catherine | Secretary | 2023-01-01 | 2023-09-19 |
| HOLT, Michael John | Secretary | 2004-07-05 | 2010-11-19 |
| OLDROYD, Claire Louise | Secretary | 1997-09-25 | 1997-10-13 |
| STOTHARD, Neil Andrew | Secretary | 1997-10-13 | 2004-07-05 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 1997-09-03 | 1997-09-25 |
| BAINBRIDGE, Allison Margaret | Director | 2011-03-01 | 2023-01-01 |
| BIELBY, Anna Catherine | Director | 2023-01-01 | 2026-02-02 |
| HOLT, Michael John | Director | 2004-07-05 | 2010-11-19 |
| STOTHARD, Neil Andrew | Director | 1997-09-25 | 2023-09-30 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 1997-09-03 | 1997-09-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vp Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 122 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-20 | CH01 | officers | Change person director company with change date | |
| 2025-08-28 | AA | accounts | Accounts with accounts type full | |
| 2025-08-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-23 | AA | accounts | Accounts with accounts type full | |
| 2024-08-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-10 | CH01 | officers | Change person director company with change date | |
| 2024-01-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-09-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-06 | AA | accounts | Accounts with accounts type full | |
| 2023-01-04 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-01-04 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-04 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- 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
+0.9%
£180,162,000 £181,713,000
-
Cash
+18.2%
£11,001,000 £13,007,000
-
Net assets
-9.6%
£88,161,000 £79,662,000
-
Employees
-0.8%
1,636 1,623
-
Operating profit
-46.5%
£9,664,000 £5,167,000
-
Profit before tax
-67.1%
£6,808,000 £2,237,000
-
Wages
+7.1%
£51,299,000 £54,920,000
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