Cork Crane Hire Ltd

Cork Crane Hire Ltd from Widnes UK: small company, active status, founded 13 years ago, 32 employees, £2,564,059 assets, real address, 1 director, 1 owner, solo founder. Regular importer of vehicles, parts, and accessories (not for trains or trams) (3 months imported). Irregular exporter of vehicles, parts, and accessories (not for trains or trams) (1 months exported). It's a small, family-run crane hire business operating in the UK, with a real address and a dedicated team of 32 employees. Founded thirteen years ago by a solo entrepreneur, the company has grown to hold over £2.5 million in assets, managed by a single director and owner. They regularly import vehicle parts and accessories, with recent activity in August 2024, and occasionally export similar items, with a last export in October 2021.

The company's website, while basic, suggests a focus on crane rental and related services. It appears to be a straightforward, no-frills operation—not an e-commerce site—with a clear emphasis on providing equipment for construction and civil engineering projects. They seem to be a local business, serving the Widnes area and beyond.

Financially, Cork Crane Hire Ltd presents a mixed picture. While net assets increased by 32%, reaching £2.7 million, bank borrowings saw a significant rise of 2400%, jumping to £24,000—a considerable increase. Cash reserves, however, decreased by 25%, falling to £380,000. Creditors also increased by 13%, reaching £3.5 million. Despite this, the company's turnover increased by 35%, reaching £1.8 million, and the average number of employees rose by 12%, reaching 36. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests they are exempt from an audit as a small company.

Overall, Cork Crane Hire Ltd seems to be a steady, albeit growing, business. The increase in bank borrowings is a point to watch, but the rise in turnover and employee numbers suggests the company is expanding its operations. It's likely they are reinvesting profits back into the business, perhaps acquiring new equipment or expanding their service area.

Registered in England/Wales under the registration number 07932891, with a registered address at WA8 0SJ, England, Widnes, Cheshire, 3 Johnsons Lane.

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