Lift Specialists Limited

Lift Specialists Ltd, based in Welham Green, UK, is a small, active company established 25 years ago. With 73 employees and £2,329,983 in assets, it’s a well-established player in its field. The company has five directors and two owners, and maintains a real address. It has a Google rating of 2.0 based on just three reviews. Lift Specialists Ltd regularly imports electrical machinery and equipment, with 10 months of import activity recorded.

The company specializes in the repair and maintenance of transport equipment, offering a comprehensive range of services from installation and refurbishment to full replacement and modernization. Its website highlights a commitment to old-fashioned service alongside modern technology, with a focus on delivering quality workmanship. The company’s website also features case studies and testimonials, showcasing its success in various projects. The business operates from the Alpha Business Park in Welham Green and serves clients across the South East, South Coast, and as far North as Milton Keynes.

Financially, Lift Specialists Ltd shows some concerning trends. Current assets have decreased by 26% to £2,300,000, while net assets have fallen 30% to £910,000. Bank borrowings have also decreased by 50% to £62,000. However, creditors have also dropped by 27% to £1,400,000, which could indicate improved debt management. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity warrants further investigation. No auditor is mentioned, which is likely due to the company’s status as a small entity. The business appears to be holding its own, but the financial data suggests a need to keep a close eye on expenses and cash flow.

Registered in England/Wales under the registration number 03814919, with a registered address at AL9 7NT, Welham Green, Hertfordshire, Unit 14 Alpha Business Park, Travellers Way.

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