Midland Lift Services Limited

Midland Lift Services Ltd from Whitwick UK is a small, holding company with an active status, having been founded 23 years ago. The company employs 26 people and holds £2,005,913 in assets, operating from a real address. With four directors and two owners, it maintains a stellar 5.0 Google rating based on 12 reviews. It's a regular importer of machinery, boilers, and mechanical appliances, with parts imported for 22 months, the latest activity recorded in March 2025.

The company’s website highlights its core business: the installation, repair, and maintenance of all types of lifts. Midland Lift Services caters to individuals, businesses, and organizations across Central England, emphasizing expert engineering skills and outstanding customer service. They offer new lift sales, modernization services, refurbishment packages, and breakdown repair, with 24/7 coverage. The site also showcases a family-run ethos, contrasting with larger lift companies.

Financially, Midland Lift Services Ltd presents a mixed picture. While cash reserves declined by 65% to £120,000, trade debtors increased by 43% to £770,000, suggesting a potential boost in sales. However, net assets dropped 16% to £1.1 million, and creditors rose 21% to £1.9 million. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity is worth noting. Bank borrowings surged by 2,400%, reaching £29,000. The lack of an auditor mentioned likely means the accounts are unaudited.

The company's reliance on imports, as evidenced by the 22-month import history, could be a vulnerability given current global supply chain dynamics. The increase in debtors might be a positive sign of growing business, but it also carries the risk of delayed payments. Overall, Midland Lift Services Ltd seems to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 04411093, with a registered address at NG4 2JY, England, Nottingham, Nottinghamshire, 3 Colwick Quays Business Park, Colwick.

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