The Platform Lift Company Limited

The Platform Lift Company Ltd from Andover UK: a small, family business, is active and has been around for 24 years. With 19 employees and £2,085,080 in assets, it’s a solid player in the UK market. Two directors and two owners manage the company, which boasts a respectable 4.0 Google rating from 16 reviews. They are regular importers of machinery, boilers, and mechanical appliances—parts, with 112 months of import activity.

The company’s website showcases its focus: supplying and installing platform lifts for disability access. They offer a range of options, from cabin-style and vertical lifts to open-style and hidden models, catering to both commercial and residential needs. Case studies highlight successful installations at schools, opticians, and even a Grade II listed building, demonstrating their ability to adapt to diverse environments and client requirements. The website also features a blog with helpful information and a brochure request form.

Financially, The Platform Lift Company Ltd’s numbers present a mixed picture. Current assets decreased by 16% to £2,100,000, while net assets increased by 110% to £380,000—a significant improvement. Bank borrowings decreased by 86%, reaching just £420, but creditors increased by 210% to £210,000. The company’s small size (meeting two of three conditions for being classified as small) helps with agility, but the increase in creditors does raise some questions. The company is exempt from an audit, so the financial statements are unaudited.

It appears the company is doing well, with increased net assets, but the rise in creditors suggests a need to manage cash flow. The focus on quality installations and customer service, as reflected in their website and Google reviews, seems to be a key driver of their success.

Registered in England/Wales under the registration number 04176710, with a registered address at SP10 2RW, Andover, Hampshire, Millside House, Anton Mill Road.

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