Company Overview
Will Hire Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 30 June 2004, so this is a well established company. Will Hire Limited has been in business for 21 years and 9 months. The accounts status is total exemption full and the accounts are next due on Sunday 31 May 2026.
Registered Address

Nicklin Llp, Church Court Stourbridge Road, Halesowen, West Midlands, B63 3TT
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Companies House Data
Company NameWILL HIRE LIMITED
Company Number05167498
Registered Office AddressNicklin Llp
 Church Court Stourbridge Road
 B63 3TT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/06/2004
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/07/2017
Returns Last Made Up Date29/06/2016
Directors & Members
Show Resigned
William Gough - Director
(British, 78 years old, born July 1948)
Appointed 30 June 2004
 Active
William Gough - Director
(British, 46 years old, born March 1980)
Appointed 27 November 2014
 Active
Secretaries
Show Resigned
Claire Lloyd - Secretary
Appointed 27 November 2014
 Active
Other Company Directorships
William Gough
COX HIRE LIMITED
William Gough
WILL HIRE SALES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2023 31-Aug-2022
Balance Sheet
Fixed Assets 159,403 159,403 137,016
Current Assets 1,256,725 1,256,725 1,246,519
Creditors Due Within One Year 807,134 807,134 814,233
Working Cap 449,591 449,591 432,286
Total Assets Less Current Liabilities 608,994 608,994 569,302
Long-term Liabilities 250,793 250,793 239,396
Net Assets 358,201 358,201 329,906
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 358,201 358,201 329,906
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2023 31-Aug-2022
Tangible Fixed Assets - - -
Fixed Assets 11.3% 11.3% 9.9%
Stocks Inventory - - -
Debtors 34.2% 34.2% 32.8%
Cash Bank In Hand 6.9% 6.9% 10.3%
Current Assets 88.7% 88.7% 90.1%
Creditors Due Within One Year 57.0% 57.0% 58.9%
Net Current Assets Liabilities 31.7% 31.7% 31.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 25.3% 25.3% 23.8%
Capital Employed - - -
Total Assets Less Current Liabilities 43.0% 43.0% 41.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2023 31-Aug-2022
Liquidity Ratio 1.6 1.6 1.5
Solvency Ratio 1.3 1.3 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2023 31-Aug-2022
Assets 1,416,128 1,416,128 1,383,535
Debt 1,057,927 1,057,927 1,053,629
Net Assets/Debt 358,201 358,201 329,906

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Information not on the register a statement of satisfaction for a charge was removed on 27/03/2026 as it is no longer considered to form part of the register.
Secretary's details changed for Mrs Claire Esther Watkins on 18 October 2025
Director's details changed for William John Gough on 20 October 2025
Director's details changed for William John Gough on 20 October 2025
Change of details for Mr William John Gough as a person with significant control on 20 October 2025
Secretary's details changed for Mrs Claire Esther Watkins on 20 October 2025
Change of details for Mrs Angela Mary Gough as a person with significant control on 20 October 2025
Registered office address changed from , Nicklin Llp, Church Court Stourbridge Road, Halesowen, West Midlands, B63 3TT to Church Court Stourbridge Road Halesowen B63 3TT on 20 October 2025
Confirmation statement made on 29 June 2025 with updates
Registration of charge 051674980007, created on 12 June 2025
Registration of charge 051674980006, created on 12 June 2025
Satisfaction of charge 2 in full
Satisfaction of charge 3 in full
Satisfaction of charge 4 in full
Confirmation statement made on 29 June 2024 with updates
Registration of charge 051674980005, created on 12 February 2024
Confirmation statement made on 29 June 2023 with updates
Confirmation statement made on 29 June 2022 with updates
Notification of Angela Mary Gough as a person with significant control on 30 June 2017
Confirmation statement made on 29 June 2021 with updates
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