Total Crane Services Limited

Total Crane Services Ltd, based in Sittingbourne, UK, is a small, family-run business with an active status. Founded 22 years ago in 2002, it employs 11 people and holds assets valued at £1,923,521. With a real address and three directors overseeing operations, it’s a tight-knit team. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 4 months of import activity recorded, the latest in October 2023. It also exports these items, though less frequently, with just 1 month of export activity as of March 2019.

The company operates in the other business support service activities n.e.c. industries. While no website is available to examine, this suggests a B2B focus, likely providing crane services or related equipment to other businesses. The family business aspect points to a long-term perspective and potentially strong customer relationships.

Financially, Total Crane Services Ltd presents a mixed picture. Cash bank on hand decreased by 2.3% to £1,500,000, while net assets remained stable at £1,700,000. Creditors decreased significantly by 36% to £270,000, suggesting improved debt management. However, bank borrowings increased to £75, and future minimum lease payments decreased by 50%, indicating a potential shift in operational strategy. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, so the financial statements are unaudited.

The company’s net current assets increased by 3.2% to £1,700,000, which is a positive sign. However, the increase from depreciation charge for the year property plant equipment remained the same. The company's trade debtors decreased by 15%, which is good, but other creditors increased significantly. Overall, Total Crane Services Ltd appears to be financially stable, but it’s important to monitor its cash flow and debt levels closely.

Registered in England/Wales under the registration number 04449520, with a registered address at ME10 3BG, England, Sittingbourne, Kent, Unit 1, Stadium Business Park Castle Road, Eurolink.

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