Jmg Lifts Ltd

Jmg Lifts Ltd from Cardiff UK: a small, active company founded 10 years ago, employs just two people, and holds £756,924 in assets. It's a family business with two directors and two owners, operating from a real address. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded in the last year.

Jmg Lifts Ltd positions itself as a leading electro-mechanical solution provider in Nigeria, offering a comprehensive range of products and services. Its website highlights partnerships with major brands like FG Wilson (generators), Trane (HVAC), Kaeser (air compressors), and TK Elevator (elevators and escalators). The company’s divisions cover power generation, cooling solutions, air compressors, and electrical infrastructures, catering to diverse needs from home to industry. They even offer maintenance services and transport logistics.

Financially, Jmg Lifts Ltd shows some interesting trends. Cash bank on hand increased by a significant 49% to £710,000, which is good news. However, fixed assets decreased by 50% to £290,000, which could indicate asset sales or depreciation. Creditors also decreased by 12%, suggesting better debt management. Net assets grew by 5.4% to £950,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible. With no auditor mentioned, the financial statements are unaudited. It’s likely the company is doing okay, but the decrease in fixed assets is something to keep an eye on.

Registered in Wales under the registration number 09233366, with a registered address at CF15 8BW, Wales, Cardiff, 10 Windsor Avenue, Radyr.

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