Knowsley Lift Services Limited

Knowsley Lift Services Ltd, based in Liverpool, UK, is a small, family-run business with an active status, celebrating 25 years since its founding in 2000. The company employs 31 people and holds £1,547,909 in assets. It has a real address, six directors, and three owners, and boasts a respectable Google rating of 4.0 based on 18 reviews. The business regularly imports machinery, boilers, and mechanical appliances, with 7 months of import activity recorded as of February 2025.

The company operates in the other engineering activities industries, and its website, while not providing detailed information, suggests a focus on lift services and related engineering work. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Financially, Knowsley Lift Services Ltd shows a mixed picture. Current assets increased by 32%, reaching £1,500,000, while net assets decreased by 33%, settling at £210,000. Bank borrowings surged by 200%, reaching £310,000, and cash reserves fell by 69%, dropping to £55,000. Creditors increased by 44%, reaching £1,400,000, and trade debtors grew by 50%, reaching £1,400,000. The increase in debt could be due to increased business activity or investment in equipment, while the decrease in cash reserves might indicate tighter cash flow management. The company’s small size helps it remain agile, but the decline in equity raises questions about its long-term financial stability. With no auditor mentioned, the figures are unaudited.

In short, Knowsley Lift Services Ltd is showing signs of growth, but also facing financial pressures. The company’s family ownership and focus on lift services suggest a stable foundation, but its financial performance will need close monitoring to ensure its continued success.

Registered in England/Wales under the registration number 03948038, with a registered address at L7 9NG, Liverpool, Merseyside, Ground Floor Fairfield House, Binns Road.

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