{"name":"PHILS TOOL HIRE LIMITED","company_number":"04091759","status":"Active","type":"Private Limited Company","incorporated":"2000-10-17","dissolved":null,"registered_office":"Severn Road Industrial Estate, Welshpool, Powys, SY21 7DF","postcode":"SY21 7DF","sic_codes":[{"code":77320,"description":"Renting and leasing of construction and civil engineering machinery and equipment"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 January","last_made_up_to":"2026-01-31","next_due":"2027-10-31"},"employees":{"count":9,"accounts_date":"2026-01-31"},"financials":[{"financial_date":"2026-01-31","net_assets":592478,"cash":860,"average_employees":9},{"financial_date":"2025-01-31","net_assets":665048,"cash":761,"average_employees":8},{"financial_date":"2024-01-31","net_assets":728678,"cash":1180},{"financial_date":"2023-01-31","net_assets":735891,"cash":2721},{"financial_date":"2022-01-31","net_assets":702514,"cash":200}],"officers":{"current":2,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"https://www.philstoolhire.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/phils-tool-hire","people":"https://www.companiesintheuk.co.uk/company/phils-tool-hire/people","filing_history":"https://www.companiesintheuk.co.uk/company/phils-tool-hire/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04091759","financials":"https://www.companiesintheuk.co.uk/company/phils-tool-hire/financial","control":"https://www.companiesintheuk.co.uk/company/phils-tool-hire/control","charges":"https://www.companiesintheuk.co.uk/company/phils-tool-hire/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/phils-tool-hire/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/phils-tool-hire"}