Lancs & Cumbria Lifts (uk) Ltd
- Small
- Active
- 16 years
- 12 employees
- £371,972 (assets)
- Virtual address
- 3 directors
- 1 owner
- Regular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Lancs & Cumbria Lifts (uk) Ltd is a small, active company based in Wigan, UK, established fifteen years ago in 2009. With twelve employees and £371,972 in assets, it’s a family-run business led by three directors and a solo founder, Sharples Frederick Alan. The company operates from a virtual address, shared by twenty-five other businesses, and regularly imports machinery, boilers, and mechanical appliances—parts, with nineteen months of import activity recorded as of March 2025.
The company’s website positions it as a trusted lift engineering service provider throughout the UK, offering installation, repairs, maintenance, upgrades, and refurbishment for various lift types, including traction, machine room less, and hydraulic elevators. They even supply MP lifts and offer a 24/7 call-out facility, emphasizing reliability and responsiveness. The website also highlights a 30-year industry experience and a focus on customer service, with a blog offering advice and updates on lift safety regulations.
Financially, Lancs & Cumbria Lifts (uk) Ltd presents a mixed picture. Current assets have decreased by 12% to £370,000, while net assets have fallen 32% to £23,000. Cash reserves have also declined, dropping 27% to £180,000. Interestingly, bank borrowings have increased significantly, rising 210% to £12,000. Trade debtors have increased by 11%, suggesting potentially delayed customer payments, while creditors have decreased by 16%, a positive sign of 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—allows for agility, but the decline in equity raises concerns. With no auditor mentioned, the financial statements are unaudited.
Overall, Lancs & Cumbria Lifts (uk) Ltd seems to be navigating a period of financial pressure, despite its strong reputation and customer-focused approach. The company’s ability to maintain its service quality and adapt to changing market conditions will be crucial for its long-term success.
Registered in England/Wales under the registration number 06949010, with a registered address at WN1 2TB, Wigan, Lancashire, Douglas Bank House, Wigan Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 12 years
- 2
-
Resident of United Kingdom
-
Individual
- 16 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2023-10-31Download 10 pages pdf report
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Confirmation statement made on 2024-07-01 with updatesDownload 4 pages pdf report
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Satisfaction of charge 069490100002 in fullDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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