Knightsbridge Mechanical Handling Limited

Knightsbridge Mechanical Handling Ltd from Thatcham UK is a small, holding company with an active status, having been founded 20 years ago. The company employs 14 people and holds £3,690,116 in assets. It operates from a real address, is overseen by two directors and has one owner. The business has an e-commerce site and a respectable Google rating of 4.0 based on 11 reviews. Knightsbridge Mechanical Handling is a regular importer of machinery, boilers, and mechanical appliances; parts, with 22 months of import activity recorded.

The company’s core business involves renting and leasing of other machinery, equipment and tangible goods not elsewhere classified. While the website doesn’t offer a detailed overview of their services, it does suggest a focus on forklift rental and related equipment. It’s clear they cater to industrial and commercial clients, providing essential equipment for various operations.

Financially, Knightsbridge Mechanical Handling Ltd shows some concerning trends. Accumulated depreciation for plant machinery increased by a substantial 49%, reaching £1,400,000, which could indicate aging equipment or increased wear and tear. Bank borrowings have also surged by 120%, reaching £1,600,000, potentially to cover operational costs or invest in new equipment. However, cash reserves have increased significantly by 640%, reaching £59,000, which is a positive sign. Creditors have decreased by 32%, suggesting improved 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 remain flexible, but the increase in depreciation and borrowings warrants attention. The company's financial statements are unaudited.

Overall, Knightsbridge Mechanical Handling Ltd appears to be navigating a period of change. While it maintains a solid reputation and a growing customer base, it's important to monitor its financial performance closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 05266492, with a registered address at RG19 4NA, England, Thatcham, Berkshire, Unit 10 Pipers Lane Trading Estate, Pipers Lane.

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