Granada Material Handling Limited

Granada Material Handling Ltd from Hawarden UK is a large, holding company with an active status, established 44 years ago. The company employs 126 people and holds £8,544,387 in assets, operating from a real address. With six directors and one owner, Granada Material Handling Ltd maintains a perfect 5.0 Google rating based on two reviews. It regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 123 months of import activity and 22 months of export activity.

The company’s website highlights Granada Cranes as the UK’s leading crane supplier, specializing in both onshore and offshore sectors. They offer a wide range of cranes, including overhead, gantry, and swing jib models, alongside lifting gear and servicing. The site emphasizes safety, quality, and innovation, showcasing a commitment to customer support and industry expertise. They even manufacture davit cranes for offshore wind farms, demonstrating a significant presence in the renewable energy sector.

Financially, Granada Material Handling Ltd presents a mixed picture. While turnover remained steady at £18 million, net assets decreased by 11% to £4.6 million. Bank borrowings increased significantly by 130% to £25,000, and cash reserves fell by 100% to just £370. However, administrative expenses rose by 31%, suggesting increased operational costs. Creditors decreased by 23%, which could indicate improved debt management. The company meets two of three conditions to be considered a large company, with turnover exceeding £36 million and a balance sheet total over £18 million, but employee numbers have fallen by 8.7%. The accounts are audited by Barlow Andrews LLP.

Overall, Granada Material Handling Ltd appears to be a well-established player in the crane industry, but the financial data suggests some challenges. The company's focus on quality and innovation, coupled with its strong presence in key sectors like offshore wind, positions it for continued success, but managing operational costs will be crucial.

Registered in England/Wales under the registration number 01536663, with a registered address at CH5 3US, Wales, Hawarden, Flintshire, Unit 9 Hawarden Business Park.

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