Hoist & Access Services Limited

Hoist & Access Services Limited, based in Glasgow, UK, is a small, active company founded 28 years ago in 1996. With 20 employees and £1,614,652 in assets, it's a well-established player in its sector. The company has two directors and one owner, Wendy Coyle and John Charles Coyle, and boasts a perfect 5.0 Google rating from six reviews. It’s a real address, and the company is an irregular importer, bringing in machinery, boilers, and mechanical appliances parts every two months, with the last import operation in February 2023.

The company’s website highlights its specialization in construction hoists and related equipment. It offers both rental and sales services, catering to construction sites throughout Scotland. They provide a wide range of equipment, including vertical hoists, inclined hoists, and various platform types, and even offer services like site surveys and safety certification. The company’s mission statement emphasizes being the number one supplier for hoisting in Scotland.

Financially, Hoist & Access Services Limited shows some interesting trends. While cash reserves increased by a significant 51% to £1,500,000, net assets only grew by 27% to £1,300,000. Creditors increased by 26% to £860,000, and future minimum lease payments jumped to £180,000—a considerable increase. The company’s employee count decreased by 25% to 15, which could be due to restructuring or seasonal fluctuations. Depreciation on plant machinery decreased by 15% to £79,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in lease payments and creditors suggests a need to manage cash flow more carefully. The accounts are unaudited, and no auditor is mentioned. Overall, Hoist & Access Services Limited appears to be a stable business, but it’s important to monitor its financial performance closely.

Registered in Scotland under the registration number SC167267, with a registered address at G20 0TS, Glasgow, 2 Dalsholm Avenue, Dalsholm Industrial House.

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