Northern Sideloaders Limited

Northern Sideloaders Ltd, based in Wakefield, UK, is a small, family-run business with an active status, celebrating 31 years in operation. The company employs 15 people and holds £539,170 in assets, boasting a real address and managed by three directors and two owners. While its Google rating sits at a modest 3.0 based on four reviews, it's an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of March 2022.

The company’s website, Commander Handling, positions itself as a specialist in material handling equipment, particularly forklifts and sideloaders. It's a manufacturer of the Commander Sideloader range and a supplier of Baumann equipment, with over 70 years of experience in the industry. The site highlights its engineering skill, expertise, and innovation, offering a wide range of new and used products, service repair, and parts accessories. It even has a recruitment section, showing a desire to expand.

Financially, Northern Sideloaders Ltd presents a mixed picture. Current assets have decreased by 25% to £540,000, while net assets have also fallen by 23% to £340,000. Bank borrowings have seen a dramatic reduction, falling 78% to £12,000—a positive sign. However, cash reserves have also dropped by 59% to £2,100. Trade debtors have fallen by 29%, suggesting better collection practices. The company qualifies as a small business, meeting two of three criteria, and operates without an auditor, relying on unaudited financial statements.

Overall, Northern Sideloaders Ltd appears to be navigating a period of change. While the company has a long history and a strong reputation for engineering, the declining assets and cash reserves raise questions about its long-term financial health. It’s a small company, and the numbers show it’s facing some pressures, but it’s also demonstrating some positive trends in debt management.

Registered in England/Wales under the registration number 02857769, with a registered address at WF3 3JG, United Kingdom, Wakefield, West Yorkshire, Colliery Approach Potovens Lane, Lofthouse.

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