Lift Professionals Ltd

Lift Professionals Ltd, based in Hounslow, UK, is a small, active company founded nine years ago. With three employees and £78,008 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports machinery, boilers, and mechanical appliances, with five months of import activity recorded, the last being in October 2024.

The company’s website highlights its focus on lift installation, maintenance, and modernisation within Central and Greater London. Lift Professionals sources components from the EU and emphasizes decades of engineering experience, providing cost-effective solutions. They offer services ranging from planned preventative maintenance to bespoke design and installation, catering to both commercial and residential clients. The website also mentions a network of collaborators, including architects and specialized work teams, and even legal consultants. It's clear that Lift Professionals aims to be a full-service lift provider.

Financially, Lift Professionals Ltd shows some concerning trends. While cash reserves increased by 76% to £67,000, current assets decreased by 66% to £78,000. Bank borrowings decreased by 6% to £9,700, and creditors increased significantly by 170% to £110,000. Equity dropped 19% to -£18,000. The company's small size (meeting two of three conditions for a small company) allows for agility, but the significant increase in creditors suggests potential cash flow pressures. There is no auditor mentioned, which is common for small companies. The company’s net assets are negative, which is not ideal, but it’s not uncommon for young companies. It seems the company is burning through cash, but it’s not clear if it’s a temporary situation or a longer-term challenge.

Registered in England/Wales under the registration number 09980836, with a registered address at TW4 6JQ, England, Hounslow, London, 50 Salisbury Road.

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