Majorlift Hydraulic Equipment Limited

Majorlift Hydraulic Equipment Ltd from Wotton-Under-Edge UK: a small company, holding company, active status, founded 47 years ago, employing 50 people, holding £3,342,634 in assets, with a real address, overseen by seven directors and a single owner, and boasting a 4.0 Google rating from 17 reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts (75 months imported), and exports the same (152 months exported).

Majorlift Hydraulic Equipment Ltd specializes in the manufacture and supply of lifting and handling equipment, particularly for garages and workshops. Their website showcases a wide range of products, including vehicle lifts, commercial jacks, and specialized tools. They even offer a Compac range of jacking and garage equipment, complementing their own brand. The company’s focus is on providing high-quality, reliable equipment, with a strong emphasis on British craftsmanship. They operate both an online e-commerce platform and a showroom in Harrods, London.

Financially, Majorlift Hydraulic Equipment Ltd demonstrates a mixed picture. Current assets decreased by 13% to £3,300,000, while net assets increased by 14% to £3,000,000. Bank borrowings decreased significantly by 64% to £320,000, and cash reserves fell by 98% to a mere £6,900. Trade debtors decreased slightly by 5%, suggesting better collection practices. The company’s employee count increased by 28% to 64 people, which could indicate growth and increased workload. As a small company, they are exempt from an audit, so the figures are unaudited.

The decrease in cash reserves, despite increased employee numbers, is a point of interest. While the company's assets remain substantial, the sharp drop in cash might suggest increased investment or operational expenses. The fact that they are a holding company, with Majorlift Holdings Ltd as the parent entity, could mean that funds are being channeled elsewhere within the group.

Registered in England/Wales under the registration number 01358382, with a registered address at GL12 8JD, United Kingdom, Wotton-Under-Edge, Gloucestershire, Majorlift Hydraulic Equipment Ltd Arnolds Field Estate, Wickwar.

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