C.y. Electrical And Cranes Company Limited

C.Y. Electrical And Cranes Company Limited, based in Stourbridge, UK, is a small, active company with a long history, having been founded 50 years ago in 1975. Employing 20 people, the company holds £832,356 in assets and operates from a real address at 70 Hayes Lane, Lye. With one director and one owner, it maintains a stellar 5.0 Google rating based on seven reviews. The company is a regular importer, specializing in electrical machinery and equipment, with 34 months of import activity recorded.

The company’s website highlights its expertise in crane service supplies and the provision of overhead crane spares and lifting equipment. It operates both as a supplier of parts and as a service provider, catering to the maintenance and repair of cranes. A key aspect of their business is the supply of electromagnetic brakes from leading manufacturers like Lenze, Intorq, Kendrion, and Binder. The website also has a section dedicated to Ravioli, which is a little odd.

Financially, C.Y. Electrical And Cranes Company Limited shows some concerning trends. Current assets decreased by 16% to £830,000, while net assets also fell by 10% to £120,000. Bank borrowings increased, and cash reserves dropped significantly—a 20% decline to £410,000. Trade debtors also decreased, which is a positive sign. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the decline in equity raises questions. The company is exempt from an audit, so the financial information is unaudited.

Overall, C.Y. Electrical And Cranes Company Limited seems to be facing some financial pressures, despite its strong reputation and long-standing presence in the crane service industry. It will be interesting to see how they navigate these challenges and maintain their position in the market.

Registered in England/Wales under the registration number 01199536, with a registered address at DY9 8QT, Stourbridge, West Midlands., 70 Hayes Lane, Lye.

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