Narrow Aisle Limited

Narrow Aisle Ltd, based in Brierley Hill, UK, is a medium-sized holding company with an active status, celebrating 49 years in business. The company employs 78 people and holds assets worth £21.2 million, generating revenue of £27.8 million annually. It operates from a virtual address, a detail worth noting as eleven companies are registered at the same address. The business is led by three directors and has one owner, and boasts a stellar 5.0 Google rating based on six reviews. Narrow Aisle is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 83 months of import activity and 60 months of export activity recorded.

The company’s website, Flexi Forklift, showcases its core business: designing, manufacturing, and selling specialized forklifts. It’s clear that Narrow Aisle is focused on optimizing storage space with its Flexi trucks, emphasizing their ability to increase warehouse capacity by up to 50%. The site highlights features like narrow aisle operation, high lift heights, and eco-friendly design. The website's structure suggests a direct-to-customer sales model, with a focus on showcasing product benefits and providing technical information.

Financially, Narrow Aisle Ltd presents a mixed picture. While current assets remain stable at £21.2 million, the company has seen a decrease in bank borrowings, dropping 15% to £1.1 million. However, administrative expenses have increased by 6%, reaching £5.3 million, and net assets have grown by 6.4% to £14 million. A significant trend is the sharp increase in deferred tax credit, moving from -£3,000 to -£45,000—a notable shift. The company’s turnover has decreased by 13%, dropping to £28 million. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Narrow Aisle Ltd appears to be a well-established company with a strong brand and specialized product offering. While the decrease in turnover is a point of interest, the company’s financial position seems relatively stable, and the focus on innovation and customer service suggests a resilient business model. The company’s virtual address and the presence of multiple companies at the same location are details worth keeping in mind, but don't necessarily indicate any issues.

Registered in England/Wales under the registration number 01250894, with a registered address at DY5 1LX, England, Brierley Hill, West Midlands, 3 Waterfront Business Park, Dudley Road.

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