The Firmwatch take
Wernick Hire Limited (00633778) currently shows: Watch signal detected, based on accounts to 31 December 2024; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 31 Dec 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
29 July 1959
66 years on the register
Sector
Other accommodation
SIC 55900
Size
Not classified
Net assets
£121m
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Sector benchmark · Accommodation
How this company compares in 19,113 filers in this sector
Top 10% in sector — Wernick Hire Limited shows £121m in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£121m
Top 10% in sector · sector median £2k · 19,113 filers in this sector
Cash
Not disclosed
Working cap.
−£14m
Median £168
Current ratio
0.8×
Median 0.8×
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · SS11 8QG
23 other UK companies registered at this postcode.
Active
22
Dissolved
1
Strike-off action
0
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.