READY RENT A CAR (GRIMSBY) LIMITED

Company number 02177268 ·

Active

Executive summary

Ready Rent a Car (Grimsby) Limited has established itself as a substantial regional player in the UK car rental sector, with consistent revenue growth from £7M to £9.4M over four years demonstrating strong local market positioning. However, the declining net asset position, rising leverage, and persistently thin cash reserves suggest the business is operating with limited financial headroom despite its impressive asset base. The family-owned structure provides long-term stability but also concentrates governance risk, and the coming EV transition will test the company's ability to fund fleet renewal against better-capitalised national competitors.

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Shareholders' funds

£13,058,175

Balance sheet as at 2025-02-28

View full accounts →

What it does

The principal activity of the company is the rental of vehicles to businesses and private individuals

The company's own description, from its latest filed accounts.

Overview

Company type
Private Limited Company
Incorporated
1987-10-13
Employees
46 (2025 accounts · was 53 in 2024)
Registered office
17-19 Abbey Road, Grimsby, North East Lincolnshire, DN32 0ES
Postcode
DN32 0ES
Capital
1,000 GBP
Accounts category
Full
Charges
7 outstanding

Accounts

Last made up to
2025-02-28
Next due by
2026-11-30
Financial year end
28 February

Confirmation statement

Last statement dated
2026-01-15
Next due by
2027-01-29
View filing history →

Nature of business (SIC)

  • 77110 Renting and leasing of cars and light motor vehicles

Officers 5 current

Appointed 2007-04-06
Appointed 1991-01-31
VEHICLE HIRER Appointed 1991-01-31
Elaine CHAMLEY Director

View all officers and resignations →

Contact details

Website
http://www.readyrentacar.co.uk

Previous company names

NameDate changed
GOSTART LIMITED1987-11-24

Previous registered addresses 1

AddressChanged on
2 BACHES STREET, LONDON, N1 6UB1987-11-16

Among its peers

Top 5%

by shareholders' funds, of 25 similar companies in DN

2nd largest employer among its local peers (46 staff).

2nd oldest of its local peers, trading since 1987.

No.1 of the largest renting and leasing of cars and light motor vehicles companies in Doncaster →

Competitors Doncaster

This company ranks 1 among renting and leasing of cars and light motor vehicles in Doncaster.

Full league table →

The class of 1987

51%

of the 20,106 companies incorporated in 1987 are still active today; 42% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 11 titles

Freehold
10
Leasehold
1
Most recent registration
2023-12-14
Price paid, where recorded
£465,000
Where
North East Lincolnshire (4), North Lincolnshire (4), South Yorkshire (1)
Title numberCounty Tenure RegisteredPrice paid
SYK714264 South Yorkshire Leasehold 2023-12-14
HS226542 North East Lincolnshire Freehold 2014-06-13 £465,000
HS264401 North East Lincolnshire Freehold 2014-05-13
LL40569 Lincolnshire Freehold 2013-08-02
HS98690 North East Lincolnshire Freehold 2012-01-27
HS156599 City Of Kingston Upon Hull Freehold 2011-08-23
HS53692 North East Lincolnshire Freehold 2009-03-16
HS202790 North Lincolnshire Freehold 1997-02-24
HS217967 North Lincolnshire Freehold 1997-02-24
HS84052 North Lincolnshire Freehold 1997-02-24
HS86219 North Lincolnshire Freehold 1997-02-24

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.