Lift & Controller Products Ltd

Lift & Controller Products Ltd, based in Ringwood, UK, is a small, active company established sixteen years ago. Employing just three people, it holds assets valued at £439,550 and operates from a real address within the Millstream Business Centre. Two directors, Melrose Stewart and Richardson Alan Ian Grant, manage the business, alongside two owners, Melrose Stewart and Richardson Alan Ian Grant. The company is a regular importer, specializing in machinery, boilers, and mechanical appliances; parts, with 16 months of import activity recorded, the latest in February 2025. It operates in the other retail sale not in stores, stalls or markets industries.

The company’s website is non-existent, making it impossible to assess its online presence or e-commerce activities. It’s unclear whether they have a website or rely solely on wholesale channels.

Financially, Lift & Controller Products Ltd presents a mixed picture. While net assets increased by 13% to £290,000, cash reserves decreased by 16% to £130,000. Creditors have risen significantly by 44%, reaching £170,000, and trade debtors have increased by 65% to £310,000. 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 flexibility, but the increase in creditors and debtors could indicate cash flow challenges. Depreciation rate used for property plant equipment is 25 GBP. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s financial situation appears stable, but the increase in debt suggests it’s relying on credit to maintain operations. It's probable that the company is doing well, but it’s also possible that it’s burning through money like a startup.

Registered in England/Wales under the registration number 06907210, with a registered address at BH24 3SE, Ringwood, Hampshire, Millstream Business Centre, 12 Millstream.

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