London Tower Crane Hire & Sales Limited

London Tower Crane Hire & Sales Limited, based in Borehamwood, UK, is a sizable company with a 21-year history, currently employing 89 people. The company holds substantial assets, totaling £36.4 million, and generates an impressive £41.5 million in yearly revenue. It operates as a holding company with an active status, and boasts a perfect 5.0 Google rating from seven reviews. The business regularly imports and exports machinery, boilers, and mechanical appliances—parts, with 99 months of import activity and 5 months of export activity recorded.

The company’s website highlights its expertise in integrated lifting solutions, specializing in complex projects. It offers crane hire, sales, hoist hire, and operator management, alongside project management services. A key feature is its emphasis on planning and preconstruction expertise, aiming to reduce project costs and ensure seamless execution. The website also promotes its premium accessories and commitment to environmental responsibility, actively managing consumption and minimizing waste.

Financially, London Tower Crane Hire & Sales Limited shows a mixed picture. While net assets increased by 16%, reaching £52 million, cash reserves declined by 23% to £5.6 million. Bank borrowings rose by 11%, reaching £2.4 million. Creditors decreased by 13%, suggesting improved debt management. Administrative expenses increased by 27%, and staff costs increased by 16%. The company’s size (meeting two of three criteria for a large company) allows it to handle substantial projects, but the decline in cash reserves warrants attention. The company's auditor is MHA, and the financial statements were authorized on December 23, 2024. It's likely the company is exempt from having its accounts audited.

Overall, London Tower Crane Hire & Sales Limited appears to be a well-established player in the crane rental and sales market, but the financial data suggests it's navigating a period of change and potentially increased costs.

Registered in England/Wales under the registration number 04744574, with a registered address at WD6 1RN, Borehamwood, Hertfordshire, 4 Elstree Way.

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