Central Hydraulic Loaders Limited

Central Hydraulic Loaders Ltd from Tamworth UK: a small, active company established 30 years ago, employs 15 people, and holds £1,447,548 in assets. It’s a real address with three directors and two owners, operating as a family business and boasting a perfect 5.0 Google rating from five reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (35 months imported).

The company specializes in the design, construction, and maintenance of truck-mounted cranes, offering a comprehensive range of services from sales and parts to installations and bespoke vehicle design. Their website highlights expertise in PM and Hyva cranes, alongside a selection of used cranes from brands like Fassi, Hiab, Palfinger, and Atlas. They offer both new and used cranes, catering to domestic and export markets, and emphasize a large stock of PM crane spare parts with next-day delivery available. The company’s website also features a dedicated section for crane sales, parts servicing, and a contact form for expert advice.

Financially, Central Hydraulic Loaders Ltd presents a mixed picture. Cash reserves increased significantly by 250%, reaching £330,000, while bank borrowings decreased by 53%, falling to £55,000. Creditors also decreased by 49%, suggesting improved debt management. However, current assets decreased by 13%, dropping to £1,400,000. 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 agility, but the decrease in current assets warrants further investigation. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Central Hydraulic Loaders Ltd appears to be a well-established, family-run business with a strong reputation. While the decrease in current assets is a concern, the increased cash reserves and reduced debt suggest the company is managing its finances effectively, and the business is doing well.

Registered in England/Wales under the registration number 03044515, with a registered address at B77 5HH, Tamworth, Staffordshire, Central House Hedging Lane, Wilnecote.

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