Taylor Lifts Limited

Taylor Lifts Limited, based in Nottingham, UK, is a small, active company founded sixteen years ago in 2008. Employing five people, the company holds £544,946 in assets and operates from a real address on the Canalside Industrial Estate. It’s a solo-founded operation with one director and owner, Morgan Taylor Alix. The company is a regular importer of electrical machinery and equipment, with 28 months of import activity recorded.

The company's website highlights its core business: lift service and parts. Taylor Lifts provides lift maintenance, repairs, and modernization services, with a particular focus on traction and hydraulic lifts. They offer a wide range of lift parts and components, with an emphasis on availability and swift response times. The website also features a “Bespoke Solutions” section, showcasing their ability to design, build, and test lift solutions in-house. A “Troubleshooting and Technical Support” section emphasizes their commitment to customer assistance. They even mention online parts ordering coming soon!

Financially, Taylor Lifts Limited shows a mixed picture. Current assets decreased slightly by 1.9% to £540,000, while net assets increased by 8.6% to £510,000. Cash bank on hand, however, fell by 28% to £160,000. Trade debtors increased by 14% to £190,000, which could indicate a growing customer base, but also a risk of delayed payments. Creditors decreased by 19%, suggesting better debt management. 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 remain flexible. The accounts are abridged and unaudited, and no auditor is mentioned.

Overall, Taylor Lifts appears to be a stable, albeit small, business. While the decrease in cash reserves is something to watch, the increase in net assets and the focus on customer service suggest a solid foundation for future growth. It’s clear they’re investing in their online presence, and hopefully, the "online parts ordering" feature will boost sales.

Registered in England/Wales under the registration number 06763074, with a registered address at NG12 3BE, England, Nottingham, Unit 3 Canalside Industrial Estate, Kinoulton Road, Cropwell Bishop.

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