Summit Platforms Ltd

Summit Platforms Ltd, based in Maidenhead, UK, is a large, active company founded eleven years ago. With 224 employees and £13,473,208 in assets, the firm generates a substantial £65,480,906 in revenue annually. The company operates in the renting and leasing of construction and civil engineering machinery and equipment industries. It's a sizable operation, meeting two of the three criteria to be considered large: turnover exceeding £36 million and a balance sheet total over £18 million, in addition to having more than 250 employees.

The company’s website highlights its role as a national provider of powered access and telescopic handler hire, as well as machine sales and associated training. They boast a large and modern fleet, with a focus on customer service and safety, offering everything from IPAF training to zero and low-emission equipment. They have depots across the UK, and their website lists various contact details for each location.

Financially, Summit Platforms Ltd shows some concerning trends. Creditors increased by 7.5% to £45 million, while trade debtors rose 7.2% to £13 million. Bank borrowings remained stable at £29 million. Perhaps most notably, net assets declined by 24% to £25 million. Cash reserves fell 30% to £830,000. While the company’s turnover is impressive, the increase in liabilities and the decrease in cash suggest it may be burning through money faster than it's generating it. The company is audited by MHA, and the financial statements are available online.

The company irregularly imports and exports electrical machinery and equipment, with the last import operation made on October 01, 2024, and the last export operation made on August 01, 2024. It's clear that Summit Platforms Ltd is a significant player in its sector, but the recent financial data warrants close monitoring.

Registered in England/Wales under the registration number 08957126, with a registered address at SL6 3DX, Maidenhead, Berkshire, The Dunn Mawson Avenue, Littlewick Green.

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