CompanyTrack
M

MOTIVE RENTALS LTD.

Active Banff

Manufacture of lifting and handling equipment

126 employees Website
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Manufacture of lifting and handling equipment
M

MOTIVE RENTALS LTD.

Manufacture of lifting and handling equipment

Founded 13 Aug 2010 Active Banff, United Kingdom 126 employees motive-offshore.com
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Manufacture of lifting and handling equipment
Accounts Submitted 7 Jul 2025
Confirmation Statement Submitted 27 Aug 2025
Net assets £12.27M £7.38M 2024 year on year
Total assets £28.54M £11.35M 2024 year on year
Total Liabilities £16.27M £3.97M 2024 year on year
Charges 7
1 outstanding 6 satisfied

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Contact & Details

Registered Address

Cairnton Road Boyndie Drome Banff AB45 2LR

Office (Inverurie)

Craigearn Business Park, Motive House, Morrison Way, Kintore AB51 0TH

Office (UK)

Port of Blyth, Wimbourne Quay, Regent Street, Blyth NE24 1PX

Office (Norway)

Fabrikkveien 26, 4033 Stavanger, Norway

Office (Middle East)

P6-039 Saif Zone, Sharjah, PO Box 514 288, United Arab Emirates

Office (US)

11550 Brittmoore Park Drive, Houston, Texas 77041, USA

Office (Taiwan)

7F-3, No. 207, Dunhua N. Rd., SongShan Dist., Taipei City 105406, 105406 台北市松山區敦化北路207號7F-3

Office (Brazil)

Rio de Janeiro, Brazil

Credit Report

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Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£806.18k

Increased by £352.13k (+78%)

Net Assets

£12.27M

Increased by £7.38M (+151%)

Total Liabilities

£16.27M

Increased by £3.97M (+32%)

Turnover

£29.67M

Increased by £8.57M (+41%)

Employees

126

Decreased by 35 (-22%)

Debt Ratio

57%

Decreased by 15 (-21%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

4 active 5 resigned
Status
David Edward ActonDirectorBritishScotland461 Jul 2011Active
Declan Joseph SlatteryDirectorBritishUnited Kingdom4217 Sept 2020Active
Declan Joseph SlatterySecretaryUnknownUnknown17 Sept 2020Active
James Philip GreggDirectorBritishScotland4613 Aug 2010Active

Shareholders

Shareholders (2)

Motive Services (uk) Ltd
83.8%
8320 Aug 2014
Russell Brown
16.2%
1620 Aug 2014

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Motive Offshore Group Ltd

United Kingdom

Active
Notified 3 Feb 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

James Philip Gregg

Ceased 3 Feb 2020

Ceased

David Edward Acton

Ceased 3 Feb 2020

Ceased

Group Structure

Group Structure

MOTIVE OFFSHORE GROUP LTD. united kingdom shares 75 to 100 percent
MOTIVE OFFSHORE GROUP HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MOTIVE BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MOTIVE TOPCO LIMITED united kingdom
MOTIVE RENTALS LTD. Current Company

Charges

Charges

1 outstanding 6 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
27 Aug 2025Confirmation StatementConfirmation statement made on 2025-08-13 with no updatesView(3 pages)
7 Jul 2025AccountsAnnual accounts made up to 2024-12-31View(27 pages)
13 Sept 2024AccountsAnnual accounts made up to 2023-12-31View(27 pages)
22 Aug 2024Confirmation StatementConfirmation statement made on 2024-08-13 with no updatesView(3 pages)
20 Sept 2023AccountsAnnual accounts made up to 2022-12-31View(25 pages)
27 Aug 2025 Confirmation Statement

Confirmation statement made on 2025-08-13 with no updates

7 Jul 2025 Accounts

Annual accounts made up to 2024-12-31

13 Sept 2024 Accounts

Annual accounts made up to 2023-12-31

22 Aug 2024 Confirmation Statement

Confirmation statement made on 2024-08-13 with no updates

20 Sept 2023 Accounts

Annual accounts made up to 2022-12-31

Recent Activity

Latest Activity

Confirmation statement made on 2025-08-13 with no updates

5 months ago on 27 Aug 2025

Annual accounts made up to 2024-12-31

7 months ago on 7 Jul 2025

Annual accounts made up to 2023-12-31

1 years ago on 13 Sept 2024

Confirmation statement made on 2024-08-13 with no updates

1 years ago on 22 Aug 2024

Annual accounts made up to 2022-12-31

2 years ago on 20 Sept 2023