Castle Lifting Gear Limited

Castle Lifting Gear Ltd, based in Cradley Heath, UK, is a small, family-run business with an active status, celebrating 39 years since its founding in 1985. The company employs 15 people and holds £582,209 in assets, operating from a virtual address shared by numerous other companies. It's led by three directors and three owners, boasting a stellar 5.0 Google rating from seven reviews. Castle Lifting Gear is an irregular importer, primarily bringing in vehicles, parts, and accessories – the last import occurred in September 5 2024.

The company’s website showcases its expertise as a leading supplier of lifting equipment, serving industries from heavy industry and construction to power generation and aerospace. Castle Lifting Gear offers a comprehensive range of products and services, including chainsling assembly, wire rope slings, hoists, jacks, pumps, clamps, and testing services. It even provides sales, manufacture, hire, and repair options. The site also features a "Call Back Request" form, allowing customers to easily connect with the company. A physical address is given as Castle Works, Portersfield Road, Cradley Heath, Warley, West Midlands, B64 7BE.

Financially, Castle Lifting Gear Ltd shows a mixed picture. While cash bank on hand increased by 16% to £210,000, current assets decreased slightly by 0.58% to £580,000. Trade debtors have fallen significantly, dropping 11% to £270,000, which could indicate improved collection efforts. However, creditors have risen by 16% to £220,000, and net assets have declined by 8.6% to £580,000. Plant machinery has seen a depreciation increase of 20%, and additions to plant machinery remain constant. 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 decrease in equity warrants attention. As a small company, it's likely exempt from a full audit, so the figures are unaudited.

Registered in England/Wales under the registration number 01952578, with a registered address at B64 5HY, Cradley Heath, West Midlands, Old Bank Buildings, Upper High Street.

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