The Forklift Company Limited

The Forklift Company Limited, based in Hurley, Warwickshire, is a small, active business established sixteen years ago in 2008. With twenty employees and £2,289,177 in assets, it operates from a real address and is overseen by three directors and one owner. The company runs an e-commerce site and specializes in the supply of new and used forklifts, parts, and related services. It regularly imports machinery, boilers, and mechanical appliances, including parts, with the last import activity recorded twenty-five months ago. Similarly, it exports these items, with the last export operation taking place fourteen months ago.

The company’s website showcases a wide range of forklift models, attachments, and engineering services. It emphasizes new and used forklift sales, hire options, and a commitment to quality and customer service. The site also highlights a range of specialist equipment, including articulated warehouse machines and rough terrain forklifts. Customer testimonials praise the company’s transparent pricing, reliable service, and quick response times.

Financially, The Forklift Company Limited presents a mixed picture. Cash bank on hand has decreased by 26%, falling to £1,600,000, while current assets have also declined by 20% to £1,800,000. However, net assets have increased by 7.4% to £4,000,000, suggesting improved overall financial health. Creditors have decreased by 34%, indicating better debt management. Trade debtors have increased slightly, suggesting potential delays in customer payments. The company’s small size (meeting two of three criteria for small company status) allows for agility, but the decline in cash reserves warrants attention. With no auditor mentioned, the financial statements are unaudited.

Overall, The Forklift Company Limited appears to be a stable, albeit potentially cash-constrained, business. Its focus on forklift sales and services, combined with its online presence and commitment to customer satisfaction, positions it well in the market. However, monitoring cash flow and managing debt will be crucial for continued success.

Registered in England/Wales under the registration number 06625806, with a registered address at CV9 2JE, Atherstone, Warwickshire, Units 1-4 Knowle Hill Business Park, Knowle Hill Hurley.

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