PHILS TOOL HIRE LIMITED
Company number 04091759 · Monitor this company
Executive summary
Phils Tool Hire Limited is a solvent but cash-starved business: it holds £1.0m of largely tangible assets and 59% equity funding, yet carries just £860 in the bank, a quick ratio of 0.06, and negative working capital for the first time. Net assets have fallen for three consecutive years from a 2023 peak of £735,891 to £592,478 — an implied loss of roughly £72,600 in the latest year — driven by thin profitability, a 73%-depreciated hire fleet receiving only 57% of its depreciation charge in reinvestment, and suppliers being paid more slowly to fund the gap. The bank is comfortably secured and creditor risk is low, so the erosion falls almost entirely on the shareholder; the condition is highly treatable if cash forecasting, pricing and utilisation discipline, and a decision on the £372k investment property are addressed within the next 12 months.
Shareholders' funds
£592,378
Balance sheet as at 2026-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2000-10-17
- Employees
- 9 (2026 accounts · was 8 in 2025)
- Registered office
- Severn Road Industrial Estate, Welshpool, Powys, SY21 7DF
- Postcode
- SY21 7DF
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2026-01-31
- Next due by
- 2027-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-10-17
- Next due by
- 2027-10-31
Nature of business (SIC)
- 77320 Renting and leasing of construction and civil engineering machinery and equipment
Officers 2 current · 3 resigned
Contact details
- Website
- philstoolhire.co.uk
- Phone
- 015960785, 02233374943
Phil’s Tool Hire provides trusted plant hire across Shrewsbury. From mini diggers to dumpers, we’ve got you covered. Get a quick quote now!
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 25 HILL ROAD, THEYDON BOIS, EPPING, ESSEX CM16 7LX | 2000-10-19 |
Among its peers
Top 25%
by shareholders' funds, of 21 similar companies in SY
3rd largest employer among its local peers (9 staff).
3rd oldest of its local peers, trading since 2000.
Competitors Shrewsbury
This company ranks 5 among renting and leasing of construction and civil engineering machinery and equipment in Shrewsbury.
The class of 2000
41%
of the 75,535 companies incorporated in 2000 are still active today; 56% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 3 titles
- Freehold
- 3
- Most recent registration
- 2016-05-18
- Where
- Powys (3)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| WA611866 | Powys | Freehold | 2016-05-18 | — |
| WA789214 | Powys | Freehold | 2016-05-18 | — |
| WA795004 | Powys | Freehold | 2016-05-18 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.