Red Rooster Lifting Limited

Red Rooster Lifting Ltd from Aberdeenshire UK: a small company with an active status, was founded 36 years ago. Employing 43 people, the company holds assets valued at £3,789,467 and operates from a real address. With six directors and one owner, Red Rooster Lifting is a regular importer and exporter of machinery, boilers, and mechanical appliances, including parts, with 223 months of import activity and 275 months of export activity.

The company’s website showcases a wide range of lifting equipment solutions and services, catering to various industries. It’s clear that Red Rooster Lifting operates as a supplier of lifting equipment, offering both sales and rental options. The site details a diverse inventory, from air hoists and trolleys to cranes and winches, alongside a selection of stainless steel products and accessories. A key element is the emphasis on brands like KITO, Gebuwin, and Street Crane, suggesting a focus on quality and reliability. The website also highlights a hire service, repair testing, and even machining and design support, indicating a comprehensive approach to meeting client needs. It’s evident that Red Rooster Lifting isn’t just selling equipment; it's providing a full-service solution, including expertise and support. The website's structure suggests a B2B model, targeting industrial and commercial clients. There's no obvious e-commerce functionality, implying that sales are primarily handled through direct contact and quotation.

Financially, Red Rooster Lifting Ltd shows some interesting trends. Cash reserves increased significantly by 63% to £1,000,000, which is a positive sign of improved liquidity. However, corporation tax payable rose sharply by 150% to £180,000, which could indicate higher profitability but also a potential tax burden. Creditors decreased by 9.5% to £900,000, suggesting better debt management. A concerning trend is the increase in future minimum lease payments, which jumped 780% to £290,000 – this could be due to expansion or renegotiated contracts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in lease payments needs to be monitored. The company’s financial statements are unaudited, as it is exempt from audit as a small company.

Overall, Red Rooster Lifting Ltd appears to be a stable, established business. While the increase in lease payments is a point of concern, the company’s strong cash position and commitment to providing comprehensive lifting solutions suggest a healthy outlook.

Registered in Scotland under the registration number SC113779, with a registered address at AB51 0EZ, Aberdeenshire, Nauta House, The Meadows, Oldmeldrum.

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