HERD HIRE LTD — The Accounts

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Next accounts due

2027-07-31 (in 1y)

Last filed for 2025-10-31

Confirmation statement due

2026-05-30 (this month)

Last made up 2025-05-16

Watchouts

None on the register

Cash

£3M

-3.6% vs 2024

Net assets

£4M

+20.5% vs 2024

Employees

+8.8% highest in 6 filed years

Profit before tax

£4M

+35.7% highest in 6 filed years

Net assets

10-year trend · vs Consumer Discretionary median

HERD HIRE LTD·Consumer Discretionary median · n=10325

Accounts

10-year trend · latest reflected 2025-10-31

Metric	2020-10-31	2020-11-01	2021-10-31	2021-11-01	2022-10-31	2022-11-01	2023-10-31	2023-11-01	2024-10-31	2025-10-31
Turnover	£10,935,314	—	£17,210,624	—	£26,668,048	—	£35,751,236	—	£35,383,921	£50,553,812
Operating profit	£1,728,093	—	£3,329,504	—	£5,274,090	—	£6,174,204	—	£6,900,978	£7,854,000
Profit before tax	£948,057	—	£2,235,792	—	£3,523,632	—	£3,084,655	—	£2,695,273	£3,657,090
Net profit	£722,807	—	£1,501,542	—	£2,635,632	—	£2,310,655	—	£2,008,273	£2,729,090
Cash	£285,409	£285,409	£474,297	£474,297	£1,164,086	£1,164,086	£627,924	£627,924	£3,411,710	£3,288,698
Total assets less current liabilities	£17,667,049	—	£22,268,811	—	£38,939,207	—	£50,146,592	—	£56,517,175	£58,980,170
Net assets	£1,997,998	—	£3,384,540	—	£5,790,172	—	£2,400,401	—	£2,954,174	£3,560,595
Equity	£1,997,998	£1,997,998	£3,384,540	£3,384,540	£5,790,172	£5,790,172	£2,400,401	£2,400,401	£2,954,174	£3,560,595
Average employees	21	—	22	—	25	—	31	—	34	37
Wages	£789,606	—	£1,053,271	—	£1,376,562	—	£1,934,161	—	£2,048,525	£2,272,246
Directors' remuneration	£15,000	—	£15,000	—	£15,000	—	£409,583	—	£394,579	£363,925

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2024 → FY2025 · period ending 2025-10-31 vs 2024-10-31

Turnover

+42.9%

£35,383,921 £50,553,812

highest in 6 filed years
Cash

-3.6%

£3,411,710 £3,288,698
Net assets

+20.5%

£2,954,174 £3,560,595
Employees

+8.8%

34 37

highest in 6 filed years
Operating profit

+13.8%

£6,900,978 £7,854,000

highest in 6 filed years
Profit before tax

+35.7%

£2,695,273 £3,657,090

highest in 6 filed years
Wages

+10.9%

£2,048,525 £2,272,246

highest in 6 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2020-10-31	2020-11-01	2021-10-31	2021-11-01	2022-10-31	2022-11-01	2023-10-31	2023-11-01	2024-10-31	2025-10-31
Operating margin	15.8%	—	19.3%	—	19.8%	—	17.3%	—	19.5%	15.5%
Net margin	6.6%	—	8.7%	—	9.9%	—	6.5%	—	5.7%	5.4%
Return on capital employed	9.8%	—	15.0%	—	13.5%	—	12.3%	—	12.2%	13.3%
Current ratio	—	—	—	—	—	—	—	—	0.56x	0.39x
Interest cover	2.21x	—	3.03x	—	3.00x	—	2.00x	—	1.64x	1.87x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

HERD HIRE LTD 2015-08-28 → present
TRG VEHICLE HIRE LTD 2012-06-13 → 2015-08-28
A3 SELFDRIVE LTD 2011-05-19 → 2012-06-13

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: AAB Audit & Accountancy Limited
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

“Growth in 2025 was driven by fleet expansion and continued organic strengthening across both the Herd Business and Franchise sectors. Demand for Herd used vehicles remained high, enabling the Company to maximise profit on vehicle sales across varied routes to market.”
“The Company continues to provide synergies across its business areas, enabling customers to benefit from a broad and integrated product offering.”
“Plans are in place to further expand the core rental business through organic growth and new opportunities within the hire fleet, supported by stock already secured.”
“Growth of Herd Connect, the Company's fleet management solution, is a key focus, with further accelerated development planned for FY26.”
“To support these initiatives, the Company further invested in several key positions during 2025, strengthening the team and enhancing capability. Continued investment in technology remains a priority to enable timely, detailed reporting and to drive process efficiencies.”
“The Company is well positioned for acceleration in FY26, with the objective of continuing to challenge the sector, deliver innovative solutions, and provide exceptional customer service - ultimately supporting improved profitability and cash generation.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 3 resigned

Name	Role	Appointed	Born	Nationality
SCHRODER, Nigel	Secretary	2013-05-02	—	—
DICKSON, Gemma Louise	Director	2022-12-22	May 1984	British
MCKEAGUE, Anthony David	Director	2022-12-22	Sep 1977	British
SCHRODER, Nigel Alan Daniel	Director	2012-01-01	Jul 1970	British

Show 3 resigned officers

Name	Role	Appointed	Resigned
MAXWELL, Herbert	Secretary	2011-05-19	2013-05-02
GORDON, Nicholas Lucien	Director	2011-05-19	2014-11-07
RAY, David	Director	2011-05-19	2011-05-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
The Herd Group Employee Ownership Trustee Limited	Corporate entity	Shares 75–100%, Voting 75–100%	2022-12-22	Active
Herd Group Limited	Corporate entity	Shares 75–100%, Voting 75–100%	2017-03-01	Ceased 2022-12-22
Mr Nigel Alan Daniel Schroder	Individual	Shares 50–75%	2016-04-06	Ceased 2017-03-01

Filing timeline

Last 20 of 133 total filings

Date	Type	Category	Description
2026-01-16	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2025-12-22	AA	accounts	Accounts with accounts type full	PDF
2025-05-19	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-12-21	AA	accounts	Accounts with accounts type full	PDF
2024-05-20	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-12-19	AA	accounts	Accounts with accounts type full	PDF
2023-08-30	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-08-30	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-08-30	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-08-30	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-20	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-07-07	MR04	mortgage	Mortgage satisfy charge full	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 3
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page