HIRE ACCESS PLATFORMS LIMITED
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Cash
£178K
-62% lowest in 6 filed years
Net assets
£1.5M
-7.1% vs 2024
Employees
13
-7.1% vs 2024
Profit before tax
£11K
-94.8% lowest in 5 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2019-11-30 | 2020-11-30 | 2022-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £1,594,259 | £2,924,562 | £2,179,791 | £2,679,758 | £2,467,982 | -7.9% | |
| Operating profit | — | £237,225 | £509,163 | £277,258 | £290,259 | £117,893 | -59.4% | |
| Profit before tax | — | £221,750 | £474,946 | £243,609 | £221,232 | £11,477 | -94.8% | |
| Net profit | — | £180,214 | £342,738 | — | £170,117 | -£117,138 | -168.9% | |
| Cash | £434,125 | £843,662 | £546,607 | £321,689 | £469,191 | £178,363 | -62% | |
| Total assets less current liabilities | £1,389,696 | £1,391,223 | £1,880,003 | £2,204,767 | £3,234,977 | £2,942,466 | -9% | |
| Net assets | £930,410 | £1,029,526 | £1,227,264 | £1,478,735 | £1,648,852 | £1,531,714 | -7.1% | |
| Equity | £930,410 | £1,029,526 | £1,227,264 | £1,478,735 | £1,648,852 | £1,531,714 | -7.1% | |
| Average employees | 11 | 12 | 14 | 11 | 14 | 13 | -7.1% | |
| Wages | — | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — | — |
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 | 2019-11-30 | 2020-11-30 | 2022-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 14.9% | 17.4% | 12.7% | 10.8% | 4.8% | |
| Net margin | — | 11.3% | 11.7% | — | 6.3% | -4.7% | |
| Return on capital employed | — | 17.1% | 27.1% | 12.6% | 9.0% | 4.0% | |
| Current ratio | — | — | — | — | 0.81x | 0.76x | |
| Interest cover | — | 14.88x | 14.85x | 8.24x | 4.21x | 1.11x |
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 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Kreston Reeves Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On 17 December 2024, an unlimited composite company guarantee was given by Hire Access Platforms Limited and other companies within the Heathcote Holdings group to HSBC Plc. At 30 April 2025 the total exposure amounted to £20,900,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HEATHCOTE, Nathan Robert | Director | 2024-03-01 | Mar 1997 | British |
| WILLY, Stuart | Director | 2021-12-20 | Jan 1969 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AINSWORTH, Julie Sarah Tracy | Director | 2014-02-04 | 2021-12-20 |
| AINSWORTH, Philip John | Director | 2014-02-04 | 2021-12-20 |
| SOLOMON, David | Director | 2014-05-20 | 2021-12-20 |
| WHELAN, Emma | Director | 2013-11-25 | 2014-02-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| F.G.S. Plant Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-20 | Active |
| Mrs Julie Sarah Tracy Ainsworth | Individual | Shares 25–50% | 2016-04-06 | Ceased 2021-12-20 |
| Mr Philip John Ainsworth | Individual | Shares 25–50% | 2016-04-06 | Ceased 2021-12-20 |
Filing timeline
Last 20 of 58 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-30 RESOLUTIONS Resolution
- 2024-12-30 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-27 | AA | accounts | Accounts with accounts type full | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-30 | AA | accounts | Accounts with accounts type full | |
| 2024-12-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-30 | MA | incorporation | Memorandum articles | |
| 2024-12-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-24 | AA | accounts | Accounts with accounts type full | |
| 2023-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-13 | AD03 | address | Move registers to sail company with new address | |
| 2023-07-11 | AD02 | address | Change sail address company with new address | |
| 2023-05-22 | CH01 | officers | Change person director company with change date | |
| 2023-05-22 | CH01 | officers | Change person director company with change date | |
| 2023-01-27 | AA | accounts | Accounts with accounts type full | |
| 2022-12-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-12-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-07 | AA01 | accounts | Change account reference date company current extended | |
| 2021-12-21 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.