- Companies
- Motor traders
- Ringwood
- Economy Hire (Southern) Limited
Economy Hire (Southern) Limited
- Company number
- 06980771
- Incorporated
- 4 Aug 200917 years trading
- Registered office
- Endeavour House, Crow Arch Lane, Ringwood, Hampshire, BH24 1HP
- Nature of business
- Sale of new cars and light motor vehicles; Renting and leasing of cars and light motor vehicles
Economy Hire (Southern) Limited is a 17-year-old private limited company registered in Ringwood, company number 06980771, one of 22 motor trade companies in Ringwood. Its next accounts are due at Companies House on 31 December 2026, and the CT600 for the period to 31 March 2026 is due at HMRC on 31 March 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets down £33K (-2.4%) on the year before, to £1.3M.
- Net assets rose in 8 of 9 year-on-year comparisons on record.
- Current assets of £498K against £954K owed within a year: 0.5 times cover.
- 14 employees on average during the year.
- Balance sheets on record for 10 years, 2016 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 Mar 2025 | £1.3M | £125K | £498K | £954K | 14 |
| 31 Mar 2024 | £1.4M | £166K | £529K | £619K | 14 |
| 31 Mar 2023 | £1.2M | £84K | £524K | £486K | 12 |
| 31 Mar 2022 | £1M | £150K | £653K | £507K | 11 |
| 31 Mar 2021 | £706K | £107K | £433K | £290K | 5 |
| 31 Mar 2020 | £565K | £46K | £264K | £62K | 5 |
| 31 Mar 2019 | £559K | £48K | £312K | £120K | 5 |
| 31 Mar 2018 | £557K | £61K | £251K | £119K | 4 |
| 31 Mar 2017 | £420K | £30K | £142K | £99K | 4 |
| 31 Mar 2016 | £303K | £1,463 | £173K | £215K |
Public contracts won
Economy Hire (Southern) Limited has one public sector contract award on record (2023). Source: Contracts Finder and Find a Tender award notices.
| Buyer | Contract | Value | Awarded |
|---|---|---|---|
| University of East Anglia | Purchase of van with built in jetting unit for drainage works | 3 Apr 2023 |
Where Economy Hire (Southern) Limited is registered
The registered office is in Ringwood (BH24), in the New Forest local authority area, South East. Show BH24 1HP on a map.
Other trade companies in BH24
- Motor Source International LimitedMotor traders
- Bvi Building Services and Control LtdElectricians
- Tink Scaffolding LimitedScaffolders
- Ringwood MOT & Service LtdMechanics and garages
- Arcus Building Co. LtdBuilders
- Living Value LtdBuilders
- Xo Services LtdInstallers
- Cumberland Place Properties LtdProperty developers
Also registered at this address
2 other companies use the same registered office as Economy Hire (Southern) Limited.
- Avon Forest Autos LimitedMotor traders
- Langley Civil Engineering LimitedCivil engineering
What happens if Economy Hire (Southern) Limited files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 31 December 2026.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Jan 2027 to 31 Jan 2027 | £150 |
| 1 to 3 months late | 1 Feb 2027 to 31 Mar 2027 | £375 |
| 3 to 6 months late | 1 Apr 2027 to 30 Jun 2027 | £750 |
| More than 6 months late | From 1 Jul 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Apr 2027 | £200 |
| 3 months late | 30 Jun 2027 | another £200 |
| 6 months late | 30 Sep 2027 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 Mar 2028 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- 06980771
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 4 August 2009 (17 years ago)
- Registered office
- Endeavour House, Crow Arch Lane, Ringwood, Hampshire, BH24 1HP
- Nature of business
- Sale of new cars and light motor vehicles (SIC 45111)
Renting and leasing of cars and light motor vehicles (SIC 77110) - Year end
- 31 March (accounting reference date)
- Accounts type
- Total exemption (full)
- Last accounts made up to
- 31 March 2025
- Last confirmation statement
- 2 August 2026
- Charges (mortgages)
- 1 outstanding of 2 registered
Filing notes for motor trade companies
Motor trade companies hold vehicle stock, and how that stock is valued at the year end moves the profit directly. Some use the VAT margin scheme.
Similar companies in Ringwood
Other active motor trade companies registered in Ringwood.
- Edwardroberts Used Car Sales Ltd2025
- Fitzroy Motor Co Ltd2023
- Forest Edge Motor Company Limited2020
- Gold Hill Autos Limited1979
- Longman Racing Ltd2018
- Motor Source International Limited2026
- Redcote Leisure Limited2015
- Ringwood Motor Company Limited2003
All motor trade companies in Ringwood · All trades in Ringwood · Motor traders across the UK
Frequently asked questions
When are Economy Hire (Southern) Limited's accounts due?
Economy Hire (Southern) Limited's next accounts are due at Companies House by 31 December 2026 (in 79 days), covering the period to 31 March 2026.
When is Economy Hire (Southern) Limited's CT600 due?
The CT600 for the period to 31 March 2026 is due at HMRC by 31 March 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 January 2027.
Is Economy Hire (Southern) Limited still trading?
Economy Hire (Southern) Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Economy Hire (Southern) Limited do?
Economy Hire (Southern) Limited is registered under Sale of new cars and light motor vehicles (SIC 45111); Renting and leasing of cars and light motor vehicles (SIC 77110).
How old is Economy Hire (Southern) Limited?
Economy Hire (Southern) Limited was incorporated on 4 August 2009, 17 years ago.
Has Economy Hire (Southern) Limited won public sector contracts?
Yes. Economy Hire (Southern) Limited has one contract award from public bodies on Contracts Finder and Find a Tender, most recently from UNIVERSITY OF EAST ANGLIA.
What is the penalty if Economy Hire (Southern) Limited files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Economy Hire (Southern) Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.