Lgr Crane Services Ltd.

Lgr Crane Services Ltd from Goole UK: a small, active company founded four years ago, employs nine people, and holds £373,802 in assets. It’s a real address, managed by three directors and a solo founder, Romagnuolo Giacomo Pietro. The company regularly imports vehicles, parts, and accessories (not for trains or trams), with seven months of import activity recorded.

The company’s website details a mobile crane repair service operating across Yorkshire and the rest of the UK. They offer everything from mobile crane repairs and testing to certification and calibration checks. They even boast a gallery showcasing their work, emphasizing their expertise in crane maintenance and repair. It’s clear they’re targeting a B2B market, offering on-site services and catering to commercial clients. They have a contact form and even a Facebook page, indicating an effort to engage with potential customers.

Financially, Lgr Crane Services Ltd presents a mixed picture. Current assets increased by 54% to £370,000, while net assets grew by 55% to £160,000. However, bank borrowings surged by 130% to £44,000, and cash reserves fell 30% to £35,000. Creditors also increased by 22%, suggesting a reliance on short-term financing. The company meets two of the three criteria to be considered small, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to small company exemption.

Overall, Lgr Crane Services Ltd seems to be growing, but with increased debt. The company’s focus on specialized crane services and mobile repairs positions it well in a niche market, but the rising debt levels will need to be managed to ensure long-term sustainability. It's a bit concerning that the company has increased its borrowing so much, but the increase in assets is a positive sign.

Registered in England/Wales under the registration number 12732285, with a registered address at DN14 0AU, United Kingdom, Goole, East Riding Of Yorkshire, Shire House Gowdall Lane, Pollington.

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