# GEM HIRE LIMITED (10124889)

> GEM HIRE LIMITED is an active private limited company (company number 10124889) incorporated on 14 April 2016, registered in Luton. Its registered activity is unlicensed carriers (SIC 53202). Latest small accounts cover the period ending 31 October 2025, showing net assets of −£2.32m and cash of £267k, with 2 employees on average. Net assets rose 2% on the prior period (−£2.37m).

- Status: Active
- Incorporated: 2016-04-14
- Registered office: Luton, LU1 3PE
- SIC 53202: Unlicensed carriers
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-04-28
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 3,905 comparable companies in the UK (median £827, upper quartile £9,646).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | −£2.32m | £267k | £3.02m | £5.62m | — | — | 2 |
| 2024-10-31 | −£2.37m | £32k | £3.40m | £5.81m | — | — | 2 |

current ratio 0.58; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-2,322,793 at 31 October 2025
- Current assets below creditors within one year: Current ratio 0.58
- Cash at bank of £50,000 or more: Cash £267,453
- Incorporated five or more years ago: Incorporated 14 April 2016

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Shamraz Bashir — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors; can appoint or remove directors; can appoint or remove directors, since 2016-04-14

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10124889
HTML: https://firmoscan.com/company/10124889-gem-hire-limited