Fork Truck Direct Limited

Fork Truck Direct Ltd from Wickford UK: large company, active status, founded 24 years ago, 49 employees, £3,709,899 assets, yearly revenue: £12,484,290, virtual address, 2 directors, 2 owners, google rating 5.0 based on 15 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (3 months imported). It’s a sizable operation, meeting two of three conditions to be considered large: turnover exceeding £36 million, balance sheet total over £18 million, and average number of employees exceeding 250.

The company, established in 2000, operates in the renting and leasing of construction and civil engineering machinery and equipment industries. While the address is registered as 12 Station Court, Station Approach, Wickford, Essex, it's likely a virtual address, as 124 companies are registered at the same location. Fork Truck Direct Ltd boasts a strong Google rating of 5.0 from 15 reviews, reflecting positive customer experiences. The business regularly imports machinery, boilers, and mechanical appliances, with parts being imported for the last three months.

Fork Truck Direct’s financial picture shows some interesting trends. Accrued liabilities and deferred income have increased significantly, by 180%, while accumulated amortisation impairment intangible assets remained stable. Depreciation expense for property, plant, and equipment decreased slightly. Despite this, administrative expenses rose by 15%. Bank borrowings decreased, and cash bank on hand fell by 41%. The company’s revenue increased by 9.4% to £12,484,290, while net assets decreased.

The company's website showcases a comprehensive range of material handling equipment, including forklift trucks, pallet trucks, and straddle carriers. They specialize in lithium counterbalance forklift trucks and represent brands like Doosan, Bobcat, Combilift, and Flexi. The site highlights their service capabilities, including sales, hire, and servicing, and emphasizes their expertise in lithium-ion technology. Case studies demonstrate their support for various industries, from building supplies to cider production.

The company’s success is built on quality products and reliable service, supported by a team of office staff, salespeople, and engineers. However, the virtual address and the fluctuating financial metrics suggest a need for careful management. The lack of a detailed breakdown of ownership beyond two listed individuals also warrants further investigation.

Registered in England/Wales under the registration number 04076792, with a registered address at SS11 7AT, United Kingdom, Wickford, Essex, 12 Station Court Station Approach.

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