Dainton Lift Services Limited

Dainton Lift Services Ltd from Bromley UK: a small, active company established 27 years ago, employs nine people, and holds £3,579,320 in assets. It’s a real address with three directors and two owners, and currently has a 3.0 Google rating based on just three reviews. The company regularly imports machinery, boilers, and mechanical appliances – parts, with the last import operation occurring in April 2024.

The company’s website details a comprehensive range of lift services, from maintenance and installation to modernization and repairs. It’s clear they focus on commercial and residential lift systems, working with property developers and architects to provide bespoke solutions. They boast ISO 9001 and ISO 45001 accreditations, ensuring regulatory compliance. The site emphasizes traditional, personalised customer service, contrasting with automated systems, and highlights a portfolio of clients across Greater London and the South East.

Financially, Dainton Lift Services Ltd presents a mixed picture. Cash reserves increased by 18% to £3.3 million, and current assets rose 13% to £3.6 million. However, trade debtors decreased significantly by 54%, dropping to £170,000 – a potential sign of delayed payments. Bank borrowings increased by 150%, reaching £48,000, and creditors rose by 19% to £630,000. Despite these changes, the company remains classified as small, meeting two of three conditions for size (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees). No auditor is mentioned, likely due to its small size.

The company’s increased bank borrowings and decrease in trade debtors could indicate a need for improved cash flow management. However, the growth in cash reserves suggests a healthy overall financial position. The company’s focus on customer service and its established reputation in the lift industry should help it navigate these challenges.

Registered in England/Wales under the registration number 03570472, with a registered address at BR2 8GP, England, Bromley, Kent, Unit 19 40 Lower Gravel Road.

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