Ful-ton Forklifts Limited

Ful-Ton Forklifts Ltd from South Lanarkshire UK: a small, active company founded 42 years ago, employs 14 people, and holds £975,502 in assets. Operating from a virtual address, it's a family business with five directors and two owners, boasting a perfect 5.0 Google rating from 10 reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import activity recorded in January 2025.

The company operates in the other business support service activities n.e.c. industries. Its website is not available for review.

Financially, Ful-Ton Forklifts Ltd shows a mixed picture. Net assets increased by 46%, reaching £430,000, while cash reserves grew by 40% to £230,000. Bank borrowings decreased by 10%, settling at £84,000. Creditors decreased by 23%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The increase in trade debtors by 6.8% could indicate a shift in payment terms or potentially delayed customer payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial health appears stable, with growing assets and cash reserves. However, the increase in trade debtors warrants monitoring. It’s likely that the company’s family ownership and long-standing presence in the market contribute to its stability, even as it navigates the challenges of a competitive industry.

Registered in Scotland under the registration number SC079132, with a registered address at ML3 6DA, South Lanarkshire, 29 Brandon Street, Hamilton.

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