Liftworks Limited

Liftworks Limited, based in Strood, UK, is a small, active company founded 23 years ago. With 36 employees and £4,395,282 in assets, it operates from a real address and is managed by six directors – though there are no officially listed owners. The company holds a respectable Google rating of 4.0 based on 16 reviews. It’s a regular importer of electrical machinery and equipment, having imported for 26 months, with the last import occurring in February 2025.

The company’s website highlights its core business: providing all aspects of lift engineering. From new installations and maintenance to modernisation and repairs, Liftworks caters to a range of lift-related needs. It’s a family-owned business that has been growing since 2000, emphasizing honesty, trustworthiness, and reliability. The website also showcases recent projects, including installations at prestigious locations like Wembley Stadium and Rotary House in Southampton.

Financially, Liftworks Limited presents a mixed picture. While cash reserves increased by a substantial 77% to £1.4 million, net assets also rose by 83% to £3 million – a positive sign. However, bank borrowings remained relatively stable, and trade debtors increased by 37%, suggesting a potential need to manage customer payments more effectively. The company’s average number of employees grew by 25%, reaching 45, which could be a result of increased workload or expansion plans. Creditors decreased by 24%, which is good news. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the rise in employee numbers and the increase in debtors warrant close monitoring. The financial statements are unaudited, which is typical for companies of this size. It seems like they are doing well, but they need to keep an eye on their debtors.

Registered in England/Wales under the registration number 04327176, with a registered address at ME2 2AU, United Kingdom, Strood, Kent, Unit 6 Deacon Trading Estate, Knight Road.

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