Tyne Tees Lifting Ltd.

Tyne Tees Lifting Ltd from Wallsend UK: a small, holding company with an active status, was founded 26 years ago. With nine employees and £893,841 in assets, it’s a well-established player in the lifting equipment sector. The company boasts a 5.0 Google rating based on eight reviews, and operates from a real address, managed by two directors and one owner. It’s an irregular importer of machinery, boilers, and mechanical appliances, with its last import activity occurring one month ago.

The company's website is currently under construction, but it does provide contact information including a mobile number for Phil Dixon, and an email address. A link to online test certificates is also provided. It's clear Tyne Tees Lifting Ltd operates in the renting and leasing of construction and civil engineering machinery and equipment.

Financially, Tyne Tees Lifting Ltd presents a mixed picture. Cash bank holdings decreased by 19% to £180,000, and accumulated depreciation increased by 8% to £270,000. However, current assets rose by 10% to £890,000, and debtors increased by 18% to £640,000. Creditors also grew by 4% to £300,000, and other taxation social security payable jumped a significant 77% to £62,000. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the increase in taxation payable could be a concern. The accounts are unaudited, which is common for small companies. Overall, the company appears to be holding its own, but the rise in liabilities warrants monitoring.

Registered in England/Wales under the registration number 03714005, with a registered address at NE28 6HS, England, Wallsend, Tyne And Wear, Ttl House, Hadrian Road.

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