HERTZ UK RECEIVABLES LTD

11 VINE STREET, UXBRIDGE, MIDDLESEX, UB8 1QE

Company Number: 08789381
Incorporation date: 25-Nov-2013
Status: Active
Entity type: Private Limited Company

SIC codes:
64992 Factoring





SUMMARY

This company is 10.3 years old and is currently active. It is controlled by Hertz Holdings Iii Uk Limited. The company has positive equity (net assets) of GBP 359.2 thousand which has increased from GBP 318.7 thousand in the previous year. The latest reported revenue figure is GBP 357.8 thousand which is up 40% on previous year's figure of GBP 251.5 thousand. The company has 1 active officers (directors or partners) who are or were officers of 2 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 357,762 357,762 307,762 9,500 40,500
31-Dec-2021 GBP 251,503 247,903 201,503 8,816 37,584
31-Dec-2018 GBP 397,379 347,379 9,500 40,500
31-Dec-2017 GBP 347,238 297,238 9,625 40,375
31-Dec-2016 GBP 382,222 332,222 10,000 40,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 6,609,598 6,250,414 6,250,414 100 359,084 359,184
31-Dec-2021 GBP 1,202,165 6,818,656 6,499,972 6,499,972 100 318,584 318,684
31-Dec-2018 GBP 200,000 200,100
31-Dec-2017 GBP 159,500 159,600
31-Dec-2016 GBP 119,125 119,225

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2021 GBP 100.00% 100 0 100 2,648,954
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active John Christopher FINCH 29 Mar 2018 28 Mar 2024 1 - 0
Resigned Arula Nanthan MOODLIAR 25 Nov 2013 29 Mar 2018 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Bhaven Ashok TAYLOR 22 Dec 2015 30 Mar 2020 Finance Director British 0 - 40 (0.0%)
Active Bryn DAVIES 25 Nov 2013 Treasurer British 3 - 00 (0.0%)
Resigned Ian Geoffrey BILLER 25 Nov 2013 22 Dec 2015 Accountant British 0 - 10 (0.0%)
Number of active directors: 1
Average tenure of active directors: 10.3 years
Average tenure of resigned directors: 3.2 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
DAIMLER HIRE LIMITED (00268439) - Active
HERTZ VEHICLE FINANCING U.K. LIMITED (08779716) - Active
HERTZ UK RECEIVABLES LTD (08789381) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-11-252014-11-25
HERTZ HOLDINGS ITI UK LIMITEDORDINARY100
100%
100
94.3%
HERTZ (U.K.) LIMITEDORDINARY0
0%
6
5.66%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

HERTZ UK RECEIVABLES LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 64992 Factoring)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
MACQUARIE COMMODITIES (UK) LIMITED ROPEMAKER PLACE, 28 ROPEMAKER STREET, LONDON, EC2Y 9HD 05259474 2018-03-31 19,781,087 2,035,906 64999-Financial intermediation not elsewhere classified
APEX FACTORS LTD 15 STRAWBERRY AVENUE, LAWFORD, MANNINGTREE, ENGLAND, CO11 2DR 06695900 2018-03-31 354,915 0
FREELANCER INVOICING SERVICES LIMITED 39 ST ANDREWS ROAD, WARMINSTER, WILTSHIRE, BA12 8ES 05698463 2018-03-31 50,695 0
MEDEX FACTORS LTD 17 SKELTON CLOSE, LAWFORD, MANNINGTREE, ESSEX, ENGLAND, CO11 2HT 04941625 2018-03-31 24,672 0 69202-Bookkeeping activities
BB AUTO SERVICES LIMITED 38 MANNINGTON PARK, SWINDON, UNITED KINGDOM, SN2 2EJ 10265667 2017-07-31 24,009 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
HERTZ UK RECEIVABLES LTD 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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