Onelift Group Uk Ltd

Onelift Group Uk Ltd, based in London, UK, is a small, active company founded four years ago in 2020. Employing five people and holding £257,319 in assets, it operates from a real address and is managed by two directors and two owners. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with just one month of import activity recorded as of February 2023. It operates within the other engineering activities industries.

The company’s website is currently unavailable, making it difficult to determine the specifics of its operations beyond the import activity. It's unclear whether they have an e-commerce presence or primarily engage in business-to-business transactions.

Financially, Onelift Group Uk Ltd presents a mixed picture. While current assets increased by 8.6% to £260,000, net assets also grew by 33% to £41,000. However, cash reserves dropped by 15% to £12,000, and fixed assets experienced a significant decline of 65%, falling to just £8,600. Trade debtors increased by 10%, suggesting potential delays in customer payments, while creditors remained stable at £230,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in fixed assets could indicate asset sales or depreciation. As a small company, it is exempt from an audit, so the financial data is unaudited.

The company’s irregular import activity suggests a specialized niche, and the growth in net assets is encouraging. However, the decrease in cash reserves and fixed assets warrants further investigation. It's possible that the company is reinvesting in its business, but the trend should be monitored closely.

Registered in England/Wales under the registration number 12652931, with a registered address at E11 4PB, England, London, 581 High Road Leytonstone.

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