ARDENT HIRE SOLUTIONS LIMITED

1. ARDENT HIRE SOLUTIONS LIMITED 2016-02-29 → present
2. ONE CALL HIRE LIMITED 2000-05-18 → 2016-02-29
3. DIGGERS.NET LIMITED 2000-05-08 → 2000-05-18

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

Affirmed

“The Directors have considered the financial position of the Company and the Group and the Group's forecast and concluded that it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. ARDENT HIRE SOLUTIONS LIMITED · parent
   1. One Call Hire Ltd 1% · England · Dormant

Significant events

• “During the year, the Company completed a significant transformation, with a shift from being a multi-category equipment rental specialist (Ardent 1.0), to being the leading specialist rental provider of material handling, lifting equipment and innovative solutions, dedicated to delivering spectacular customer service and value (Ardent 2.0).”
• “The Group entered into a new asset based lending (ABL) facility on 19 June 2025, which replaced the previous facility provided by HSBC.”
• “The Company disposed of almost its entire earthmoving fleet (excavators, rollers, dumpers and access platforms) and invested £40 million in its fleet of telehandlers, roto-telehandlers and innovative Fuel-IT smart fuel management systems.”
• “The cash generated from selling the earthmoving fleet allowed the Group to deleverage, with the ABL falling 22% compared to the end of the previous financial year. In line with the strategy, this also allowed the Group to return £14.5 million to the shareholders by way of a capital reduction, completed in December 2024.”
• “On 19 June 2025 the Group re-financed its operations through entering into a new ABL arrangement, secured on the plant and machinery and trade receivables of the Group, with revolving credit facilities of £110m over a five year term.”
• “The Company has placed orders for the delivery of 666 machines of which 459 were scheduled for delivery post financial year end. These machines will all be delivered by the end of September.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -20%

  £70,006,000 → £56,030,000

• Cash

  -87.7%

  £438,000 → £54,000

• Net assets

  -26.6%

  £59,773,000 → £43,883,000

• Employees

  -23.6%

  237 → 181

• Operating profit

  -46.9%

  £13,012,000 → £6,907,000

• Profit before tax

  -137.5%

  £2,791,000 → -£1,047,000

• Wages

  -28.6%

  £10,875,000 → £7,764,000

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