Samson Lifting (uk) Ltd

Samson Lifting UK Ltd, based in Cheltenham, is a small, active family business founded fifteen years ago. With eight employees and £249,252 in assets, it operates from a virtual address – a detail worth noting as 168 companies share the same location. The company is led by one director and two owners, and boasts a perfect 5.0 Google rating based on a single review. It’s a regular importer of machinery, boilers, and mechanical appliances, with recent activity recorded in April 2024.

The company’s website, Lifting and Crane Services, showcases a wide range of products and services, from cranes and jibs to off-road recovery equipment and fall arrest equipment. It's clear they offer both sales and hire, as well as repair, testing, training, and consultancy services. Many products are designed and made in-house, while others are sourced from approved suppliers. They even manufacture Samson lifting products. The website also mentions a visitable eBay shop.

Financially, Samson Lifting UK Ltd presents a mixed picture. Current assets increased by 6.9% to £250,000, while net assets decreased by 7.1% to £130,000. Bank borrowings have risen significantly by 46% to £35,000, and cash reserves increased by 14% to £14,000. Creditors, however, have jumped by 22% to £130,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Depreciation on computer equipment remained constant at £700, while motor vehicle depreciation dropped by 25% to £2,700. The lack of an auditor is consistent with its status as a small company. It seems like they are doing well, but the increase in bank borrowings is something to keep an eye on.

Registered in England/Wales under the registration number 07167449, with a registered address at GL51 4UA, United Kingdom, Cheltenham, Gloucestershire, Northfield House Shurdington Road, Bentham.

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