Mantis Cranes Limited

Mantis Cranes Limited, based in Northamptonshire, UK, is a small, family-run business with an active status. Established eighteen years ago in 2006, it employs eighteen people and holds assets totaling £2,422,259. Operating from a real address, the company is managed by three directors and owned by two individuals. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances, including parts, with nineteen months of import activity and eleven months of export activity recorded.

The company’s website, Mantis Cranes, positions itself as a leading crane hire provider, specializing in self-erecting, tower, and luffing tower cranes, as well as construction hoists. It offers a range of services, including training, refurbishment, transport, erection, and dismantling. The site emphasizes its nationwide service, supported by bases in both the UK and Ireland, and highlights its commitment to providing cost-effective lifting solutions. It also sells new and used cranes and accessories. The website also features a corporate video and a detailed FAQ section.

Financially, Mantis Cranes Limited shows some concerning trends. Current assets have plummeted by 36%, dropping to £2.4 million, while net assets also declined, falling to £5.9 million. Bank borrowings have increased, and cash reserves have halved to £1.3 million. However, creditors decreased by 12%, suggesting improved debt management. The company meets the criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 20 employees. The company’s financial statements are unaudited, which is typical for small companies.

The sharp decline in cash reserves and current assets, despite a decrease in creditors, indicates a potential need for careful financial management. It's possible the company is investing heavily in its business, or facing challenges in collecting payments. The lack of a mentioned auditor further complicates the picture, relying solely on director-reported data.

Registered in England/Wales under the registration number 05805863, with a registered address at NN10 0SU, England, Northamptonshire, Upper Higham Lane, Rushden.

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