Bray Cranes Limited

Bray Cranes Limited, based in Birtley, UK, is a small, active company founded 21 years ago. Employing 23 people, the business holds £1,145,523 in assets and operates from a real address on Portobello Industrial Estate. With four directors and one owner, Bray Cranes boasts a perfect 5.0 Google rating from three reviews. The company is an irregular importer, mainly bringing in vehicles, parts, and accessories—just one month of imports recorded as of July 2024.

Bray Cranes specializes in crane rental and sales, catering to the North East of England. Its website highlights a family-owned heritage dating back to the 1950s, now offering a range of truck-mounted and all-terrain cranes, from 5-ton to 150-ton capacity. They offer both crane hire and crane sales, with a focus on CPA Hire and Contact Lifting Hire. The site also showcases recent projects, including lifting services for construction and even video production for Sam Fender.

Financially, Bray Cranes presents a mixed picture. Current assets increased by 27%, reaching £1,100,000, while net assets grew by 26%, reaching £1,900,000. Bank borrowings are down 100%, a positive sign. However, creditors also increased by 13%, to £1,100,000. The company’s size (meeting two of three conditions for being a small company) allows for flexibility, but the rise in creditors suggests a need to manage debt. The accounts are unaudited, as is common for small companies.

The company’s growth in assets and profits, coupled with the reduction in bank borrowings, indicate a healthy trajectory. However, the increase in creditors warrants close monitoring. Bray Cranes seems to be a well-regarded local business, and the recent addition of new cranes to its fleet suggests continued investment and expansion.

Registered in England/Wales under the registration number 05052134, with a registered address at DH3 2SA, England, Birtley, Durham, Unit A Penshaw Way, Portobello Industrial Estate.

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