Prohire Limited (01388495): administration

Status

In administration

Administration began

2025-06-27

Administrators

Timothy Vance, Samuel James Woodward

Administrators' firm

Formerly

Prohire PLC; Prohire Limited; Prohire PLC; Prohire PLC; Prohire Rentmaster PLC; Prohire Rentmaster Limited; Securicor Vehicle Management Limited; Eccleston Vehicle Leasing Limited; Mint Security Limited; PPR Security Group Limited

Incorporated

1978-09-13

Location

Leeds

Industry

77110 Renting and leasing of cars and light motor vehicles

From the administrators' statement

The Group had become loss making in recent years, which was contributed to by a number of factors including:

> Contraction in margins on contract hire sales, placing pressure on trading performance and profitability; and

> Significant losses on the disposal of vehicles. Losses on the disposal of the vehicles totalled £1.5m in FY25 alone.

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Prohire Limited (01388495)

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