Titan New Lifts Limited

Titan New Lifts Limited, based in Northfleet, UK, is a small holding company with an active status, having been founded nineteen years ago in 2006. The company employs twenty-one people and holds £1,343,863 in assets. It operates from a real address and is overseen by five directors and one owner. Google users rate it a perfect 5.0 based on seven reviews, reflecting a strong reputation. Titan New Lifts regularly imports machinery, boilers, and mechanical appliances—parts, with 39 months of import activity recorded, the last in December 2024.

The company’s website showcases a wide range of lift solutions, including passenger lifts, platform lifts, car lifts, and even car parking systems. Titan New Lifts positions itself as an award-winning, quality-assured independent lift company, offering installation, maintenance, and even bespoke vertical solutions. The website also highlights the company’s expertise in lift restoration and its commitment to customer satisfaction. It seems to be a B2B operation, catering to commercial clients and offering a range of services.

Financially, Titan New Lifts Limited shows a mixed picture. Current assets have decreased by 23%, falling to £1,300,000, while net assets have plummeted 73%, dropping to just £100,000. Bank borrowings have also decreased, falling by 46% to £79,000. However, creditors have increased by 27%, rising to £360,000. Trade debtors have seen a significant drop, decreasing by 53% to £670,000, which could indicate improved collection efforts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp equity decline raises concerns. There’s no mention of an auditor, likely due to its status as a small company, meaning the figures are unaudited.

In short, Titan New Lifts Limited is facing some financial pressures, despite its strong reputation and wide range of services. The company’s ability to sustain its growth and maintain its excellent customer ratings will depend on its ability to address these challenges and continue providing quality lift solutions.

Registered in England/Wales under the registration number 05760388, with a registered address at DA11 8HJ, United Kingdom, Northfleet, Kent, Suite 2077 Fleet House Springhead Enterprise Park, Springhead Road.

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