Vertical Movement Services Limited

Vertical Movement Services Ltd, based in Birmingham, UK, is a small holding company with an active status, celebrating 21 years since its founding in 2004. Employing 17 individuals, the company holds £786,595 in assets and operates from a real address, managed by one director and one owner. Its Google rating stands at a respectable 4.0 based on five reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with recent import activity recorded just two months ago in July 2024.

The company’s website, though not fully detailed, indicates a focus on the manufacture of lifting and handling equipment. It’s a private limited company, and its operations are supported by a team of 17 employees. The address is probably real as only one company registered at the address. The company operates in the manufacture of lifting and handling equipment industries.

Financially, Vertical Movement Services Ltd presents a mixed picture. While cash bank on hand increased by a healthy 30% to £290,000, current assets decreased slightly by 3.8% to £790,000. Debtor levels have fallen significantly, down 17% to £480,000, which is a positive sign. However, creditors have risen, with those due within one year increasing by 6.7% to £640,000. Intangible assets have experienced a sharp 50% decline, dropping to £44,000, and net assets have increased by 1.5% to £250,000. The company’s small size—meeting two of three conditions for classification—helps it remain flexible, but the decrease in intangible assets is something to watch. No auditor is mentioned, which is common for small, exempt companies. The company has been acting as an agent during the period.

Registered in England/Wales under the registration number 05117199, with a registered address at B25 8EX, England, Birmingham, 58 Redhill Road, Yardley.

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