SPEEDY HIRE PLC
Trading as Speedy Hire, this London Stock Exchange-listed company provides tool and equipment hire services to the construction, infrastructure, and industrial sectors across the United Kingdom and Ireland.
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Cash
£14m
0% vs 2025
Net assets
£151m
-18.7% lowest in 3 filed years
Employees
3,310
-0.7% lowest in 3 filed years
Profit before tax
—
Period ending 2026-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Notwithstanding the material uncertainty, the Directors have concluded that there is a reasonable expectation that the Company will be able to continue in operation and meet its liabilities as they fall due over the period to March 2029.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| 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 | — | — | -£26,600,000 | — | |
| Cash | £2,100,000 | £14,400,000 | £14,400,000 | 0% | |
| Total assets less current liabilities | £363,300,000 | £271,400,000 | £277,100,000 | +2.1% | |
| Net assets | £165,200,000 | £185,300,000 | £150,600,000 | -18.7% | |
| Equity | £165,200,000 | £185,300,000 | £150,600,000 | -18.7% | |
| Average employees | 3,409 | 3,335 | 3,310 | -0.7% | |
| Wages | £114,100,000 | £120,500,000 | £120,400,000 | -0.1% | |
| Directors' remuneration | £1,091,000 | £1,271,000 | £1,371,000 | +7.9% | |
| Directors' pension contributions | £22,000 | £23,000 | £27,000 | +17.4% | |
| Highest paid director | £492,000 | £368,000 | £511,000 | +38.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 5.6% | 9.3% | — | |
| Return on capital employed | 6.3% | 14.2% | — | |
| Gearing (liabilities / total assets) | 65.9% | 52.8% | 66.6% | |
| Current ratio | 0.69x | 0.88x | 0.42x | |
| 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.
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
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Notwithstanding the material uncertainty, the Directors have concluded that there is a reasonable expectation that the Company will be able to continue in operation and meet its liabilities as they fall due over the period to March 2029.”
Group structure
- SPEEDY HIRE PLC · parent
- Allen Concremix Limited 100%
- Allen Concremix 2 Limited 100%
- Asset Access Rentals Limited 100%
- Crewe Plant Hire Limited 100%
- Drains Technology Limited 100%
- Green & Smart Site Ltd 100%
- Hire-A-Tool Limited 100%
- Hire-A-Tool 2 Limited 100%
- Liftura (Scot) Limited 100%
- Mobilytix Limited 100%
- Platform Sales & Hire Limited 100%
- Rail Hire (UK) Limited 100%
- SafeSite Limited 100%
- Speedy Asset Leasing Limited 100%
- Speedy Construction Solutions Limited 100%
- Speedy Hire (UK) Limited 100%
- Speedy Hire Ireland Limited 100%
- Speedy Hire Holdings Limited 100%
- Speedy Hire Centres Limited 100%
- Speedy Hydrogen Solutions Limited 50%
- Speedy International Asset Services LLC 100%
- Speedy LCH Generators Limited 100%
- Speedy Lifting Limited 100%
- Speedy Piling Limited 100%
- Speedy Pumps Limited 100%
- Speedy Spares Limited 100%
- Speedy Space Limited 100%
- Speedy Survey Limited 100%
- Speedy Technologies Limited 100%
- Speedyvision Limited 100%
- Tolcis Group Holdings (North East) Limited 100%
- Tidy Group Limited 100%
- TVMS Limited 100%
- Waterfold Hire Services Limited 100%
Significant events
- “Business disposal led to a £2.8m adjustment in FY2026 and £1.0m in FY2025.”
- “Transformation costs amounted to £3.0m in FY2026 and £5.6m in FY2025.”
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 745 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-19 RESOLUTIONS Resolution
- 2024-09-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-08-13 | AA | accounts | Accounts with accounts type group | |
| 2026-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-09 | TM01 | officers | Termination director company with name termination date | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.