Autolift Limited

Autolift Limited, based in Coventry, UK, is a small, holding company with an active status, celebrating 25 years since its founding in 1999. The company employs four people and holds £773,322 in assets, boasting a perfect 5.0 Google rating from twelve reviews. It’s a regular importer of machinery, boilers, and mechanical appliances; parts, with the latest import activity recorded three months ago. The registered address is real, with only five companies registered there, and the company is managed by two directors and one owner.

The company operates in the manufacture of lifting and handling equipment industries. Its website isn’t particularly expansive, but it does provide a general overview of its services. It doesn's appear to be an e-commerce site, with no online store or product listings visible. Instead, it seems to function primarily as a business-to-business supplier, likely engaging in direct sales and distribution.

Financially, Autolift Limited shows a mixed picture. Current assets have increased by 28%, reaching £770,000, while net assets have also risen by 22%, settling at £590,000. Cash reserves have seen a significant boost, jumping 92% to £93,000. However, creditors have also increased by 55%, reaching £210,000, which could indicate increased reliance on short-term financing. Trade debtors have also risen by 23%, suggesting potential delays in customer payments. 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 rise in creditors is something to keep an eye on. The accounts are unaudited, likely due to the company’s small size, so the figures rely on director-reported data.

Despite the increase in creditors, the company's financial position appears stable, with a healthy increase in assets and cash reserves. The rise in debtors, however, suggests a need to focus on efficient collection processes. The company’s continued operation in a specialized manufacturing sector, combined with its positive Google rating, suggests a solid foundation for future growth.

Registered in England/Wales under the registration number 03789828, with a registered address at CV7 9NW, England, Coventry, Warwickshire, Units B & C Colliery Lane, Bayton Road Ind Est.

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