HIRECO (TL) LIMITED

Active
Company number 03489295Private limited companyIncorporated 1998

Key figures

£22,566,790+6.4%
Net assets 2024/25
+6.4%
Average annual growth 2023/24–2024/25
010 m20 m30 m2023/242024/25

† HIRECO (TL) LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 77120

Where the company stands among the 802 active companies whose first SIC code is 77120 (Renting and leasing of trucks and other heavy vehicles).

Turnover£72,539,473
Higher than 94% · median £11,961,790 among 44 that publish turnover
Net assets£22,566,790
Higher than 98% · median £97,675
Total assets£101,340,385
Higher than 99% · median £284,859
Cash£4,359,834
Higher than 96% · median £55,880
Employees76
Higher than 96% · median 1
Company age28.8 years
Older than 85% · median 9.4 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 802. The line on each bar marks the median.

Summary: HIRECO (TL) LIMITED

What kind of company is it?

HIRECO (TL) LIMITED is a private limited company registered with Companies House under company number 03489295. It was incorporated on 6 Jan 1998. Its status is active. The registered office is in Stanford-le-hope (SS17). Its nature of business (SIC 2007) is renting and leasing of trucks and other heavy vehicles (77120).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 28 Feb 2025); the company files full accounts. Turnover was £72,539,473. Profit for the year was £1,358,161. Net assets were £22,566,790, up 6.4% on the previous year. Cash at bank and in hand was £4,359,834. Total assets were £101,340,385 and total liabilities £45,865,329. The company had an average of 76 employees. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 802 active companies whose first SIC code is 77120: By turnover it ranks higher than 94% of the 44 that publish turnover (median £11,961,790). By net assets it ranks higher than 98% of them (median £97,675). By total assets it ranks higher than 99% of them (median £284,859). By cash it ranks higher than 96% of them (median £55,880). By number of employees it ranks higher than 96% of them (median 1). It is older than 85% of them (median age 9.4 years).

Does it supply the public sector?

The company is named as the supplier in one public contract award notice, from Commercial Services Kent Limited. 1 of the awards is shared with other suppliers, typically framework agreements.

What do public registers and reports show?

HMRC lists it as an exporter of goods, mainly vehicles.

Who runs and controls the company?

One person with significant control is registered. 20 of 21 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Nov 2026. The next confirmation statement is due by 21 Oct 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover65,202,50872,539,473
Profit for the year—1,358,161
Cash at bank and in hand3,898,2014,359,834
Total assets92,552,105101,340,385
Total liabilities43,039,08045,865,329
Net assets / total equity21,208,62922,566,790
Average number of employees7776

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

1 contract

HIRECO (TL) LIMITED is named as a supplier in 1 public contract award notice from Commercial Services Kent Limited. 1 award is shared with other suppliers.

Contract
  1. CSKL & TPPL VEHICLE RENTAL FRAMEWORK 2021‡Commercial Services Kent Limited · shared by 10 suppliers, up to £50,000,000 in total · 2 lots

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Registers and licences

International trade‡

Listed by HMRC as an exporter of goods in 8 of the last 12 months on record, most recently July 2026. Main goods: vehicles.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

6 events
  1. Financial year 2024/25 endedAccounts: turnover £72.5m, net assets £22.6m, 76 employees
  2. Financial year 2023/24 endedAccounts: turnover £65.2m, net assets £21.2m, 77 employees
  3. Mr Patrick Carson registered as a person with significant control
  4. Vehicle Asset Management Ltd ceased to be a person with significant control
  5. Vehicle Asset Management Ltd registered as a person with significant control
  6. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.