Rj Lifts Group Limited

Rj Lifts Group Ltd, based in Stoke-On-Trent, UK, is a holding company with an active status, established four years ago. Employing 210 people and holding assets of £9,074,833, the company operates from a real address and is overseen by four directors and one owner. It has a Google rating of 3.0 based on 68 reviews. The company is a regular importer of machinery, boilers, and mechanical appliances; parts, with 19 months of import activity recorded.

The company’s core business revolves around lift repair, maintenance, and installation services, as highlighted on its website. It caters to a wide range of lift-related needs, from emergency breakdowns and LOLER inspections to refurbishment and bespoke solutions. The website details a comprehensive suite of services, including maintenance for passenger lifts, goods lifts, escalators, and even industrial doors. It’s clear that Rj Lifts Group Ltd aims to be a one-stop shop for lift maintenance across the UK. The website also mentions a focus on energy-saving lifts and accessibility solutions, suggesting a commitment to modern lift technology.

Financially, the company's recent performance presents a mixed picture. While cash bank on hand increased by 12% to £2,600,000, net assets decreased significantly by 74% to £560,000. Trade debtors increased by 17% to £6,200,000, indicating a potential challenge in collecting payments. Creditors also rose by 32% to £9,100,000, suggesting increased reliance on borrowing. A notable decline in deferred tax liabilities, dropping 48%, could be linked to changes in tax strategies. The company’s current liabilities have turned negative, a concerning trend. Despite these challenges, the company has seen a 65% increase in prepayments, which could be a sign of increased customer confidence. The lack of an auditor mentioned suggests the company is exempt from mandatory audits, relying on unaudited financial statements.

Overall, Rj Lifts Group Ltd appears to be navigating a period of financial adjustment. While its service offerings and UK-wide presence are strengths, the recent decline in net assets and increased borrowing warrant close monitoring.

Registered in England/Wales under the registration number 12939666, with a registered address at ST4 3PE, England, Stoke-On-Trent, Staffordshire, Unit 1 Galveston Grove, Oldfield Business Park.

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