Miller Weblift Limited

Miller Weblift Ltd, based in Leek, UK, is a small, family-run business with an active status, celebrating 65 years in operation. With just two employees and £1,329,757 in assets, it’s a modest enterprise led by three directors and three owners. The company regularly imports and exports various textile products, sets, used clothing, and rags – 23 months of import activity and 21 months of export activity recorded, the latest in December 2024. It operates from a real address, sharing space with nine other companies.

The company’s website highlights its specialization in industrial lifting and load restraint solutions, offering round slings, flat slings, ratchet systems, and accessories. It proudly manufactures these products in the UK and has established a global network through its affiliation with the Unitex Group, allowing it to source solutions even beyond its core offerings. The website also mentions serving diverse industries, including construction, defence, shipping, and offshore.

Financially, Miller Weblift Ltd presents a mixed picture. Current assets have decreased by 11% to £1,300,000, while net assets have fallen by 2.1% to -£3,400,000. Bank borrowings have increased by 130% to £160,000, and cash reserves have increased by 130% to £160,000. Creditors have decreased by 2%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity is a concern. No auditor is mentioned, likely due to the company’s small size and exemption from mandatory auditing. The company has been operating for a long time, but it seems to be burning through money.

Registered in England/Wales under the registration number 00646337, with a registered address at ST13 6BB, Leek, Staffordshire, Marling Mills, Nelson Street.

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