Pegasus Mechanical Lifting Limited

Pegasus Mechanical Lifting Ltd from Loughborough UK: small company, holding company, active status, founded 26 years ago, 8 employees, £809,968 assets, virtual address, 3 directors, 1 owner, google rating 5.0 based on 4 reviews. Irregular importer of machinery, boilers, and mechanical appliances; parts (1 months imported).

Pegasus Mechanical Lifting Ltd is a small holding company based in Loughborough, UK, operating for 26 years. With just eight employees and £809,968 in assets, it’s a compact operation. The company’s registered address is a virtual one, shared by 25 other businesses, which is a bit unusual. Three directors and one owner manage the company, which currently holds a stellar 5.0-star Google rating from four reviews. The company is an irregular importer, bringing in machinery, boilers, and mechanical appliances parts, with the last import activity recorded just one month ago.

The company’s website is minimal, providing little insight into its operations beyond a basic contact form. There’s no e-commerce presence, suggesting the business operates primarily through direct sales or distribution rather than online retail. It seems the company focuses on the manufacture of lifting and handling equipment.

Financially, Pegasus Mechanical Lifting Ltd presents a mixed picture. While net assets increased by a modest 1.5% to £620,000, cash reserves remained relatively stable at £500,000. Bank borrowings decreased by 13% to £20,000, and trade debtors increased by 22% to £230,000, which could indicate a growing customer base or perhaps some delayed payments. Creditors also rose by 11% to £350,000. The company meets two of the three criteria to be considered a small company, namely turnover under £10.2 million and assets under £5.1 million. With no auditor mentioned, the financial statements are unaudited. The decrease in average number of employees, from eight to seven, could be a result of restructuring or seasonal fluctuations.

Registered in England/Wales under the registration number 03634110, with a registered address at LE12 8DX, Loughborough, Leicestershire, 78 Loughborough Road, Quorn.

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