Andover Fork Truck Services Limited

Andover Fork Truck Services Ltd from Wiltshire UK is a small, active company founded 31 years ago. Employing 37 people, it holds £2,416,331 in assets and operates from a virtual address. The company is led by five directors and owned by a solo founder, Clapcott Edward Joseph, and boasts a perfect 5.0 Google rating from 10 reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances, with its last import activity recorded two months ago.

The company’s website highlights its role as a leading supplier of Mitsubishi forklift trucks, alongside other brands like Combilift, Aisle Master, and Bobcat. It offers a wide range of products and services, including sales, rentals, servicing, and driver training. The website also features a dedicated section for access platforms and racking services, catering to diverse customer needs. Andover Fork Truck Services emphasizes award-winning service and a commitment to providing competitive rates, with a focus on customer satisfaction.

Financially, Andover Fork Truck Services Ltd shows a mixed picture. While net assets increased by 2.7% to £3.4 million, cash reserves decreased by 4.8% to £1.5 million. Bank borrowings increased by 36% to £1.3 million, and trade debtors rose by 33% to £590,000, suggesting a need to manage cash flow. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in liabilities warrants attention. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned.

Overall, Andover Fork Truck Services Ltd appears to be a well-established business with a strong reputation, but the financial data suggests it’s navigating some challenges and needs to keep a close eye on its cash flow.

Registered in England/Wales under the registration number 02882425, with a registered address at SP1 2DN, Wiltshire, 10 St Ann Street, Salisbury.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.