Lioncorp-craneparts Ltd

Lioncorp Craneparts Ltd, based in Wells, UK, is a small, active company founded four years ago. It employs just two people and holds £747,445 in assets. With a real address and a single director and owner, Wells Vincent, the company operates as a regular importer and exporter of machinery, boilers, and mechanical appliances – particularly crane and forklift parts. It’s a wholesale business, supplying parts worldwide for brands like Coles, Grove, and Linde.

The company’s website highlights its expertise in sourcing genuine and original spare parts for construction, earthmoving, and materials handling equipment. It caters to a global customer base, offering competitive pricing and fast, reliable service. The site also mentions a dedicated team with years of experience in the specialist trade. It's clear they're focused on building a reputation for quality and responsiveness.

Financially, Lioncorp Craneparts Ltd shows some interesting trends. While current assets increased by 61% to £750,000, net assets also grew by 32% to £200,000. Creditors, however, saw a significant jump of 74%, reaching £560,000 – a potential sign of increased reliance on credit. Trade debtors decreased slightly, suggesting better collection practices. The number of employees increased by 50% to three, which is good, but the substantial rise in creditors needs to be monitored. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, which is common for small companies.

Overall, Lioncorp Craneparts Ltd appears to be growing, but the increase in creditors warrants closer attention. It's a small, specialized business that's likely navigating the challenges of expansion—hopefully, the increased workload and new customers will help offset those costs.

Registered in England/Wales under the registration number 13131542, with a registered address at BA5 1RZ, England, Wells, Somerset, Unit 3 Fir Tree Barns, Lower Godney.

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