Workplatform Limited

Workplatform Limited, based in Castle Donington, UK, is a sizable company operating as a holding company with an active status. Established sixteen years ago in 2008, the firm employs twenty-six people and holds assets valued at £10,188,346. It has a real address, five directors, and one owner, boasting a stellar 5.0 Google rating from sixteen reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts—with nineteen months of import activity and sixteen months of export activity recorded.

The company’s website reveals it specializes in access platform equipment, offering new and used machinery for sale and rental. It operates as an authorized dealer for Genie, a leading manufacturer, and provides onsite operator training, service packages, and extended warranties. The website also highlights its ability to provide material lifts and parts, as well as offering a range of services, including repairs and contract hire. It’s clear they’re focused on providing comprehensive solutions for businesses needing elevated work access.

Financially, Workplatform Limited’s report shows some concerning trends. Current assets decreased by 9.4% to £10,000,000, while net assets increased by 3.8% to £3,100,000. Bank borrowings fell by 44% to £82,000, and cash reserves decreased by 38% to £1,800,000. Director remuneration decreased by 12%, and staff costs increased by 1.8%. While the decrease in bank borrowings is positive, the drop in cash reserves and the increase in net losses—which deepened from £1,400,000 to £460,000—suggests the company is burning through money. The company meets two of three criteria for a large company, with turnover exceeding £36 million and a balance sheet total over £18 million. The report was audited by DJH Audit Limited. Overall, Workplatform Limited seems to be facing some financial pressures, despite its strong reputation and market position.

Registered in England/Wales under the registration number 06598369, with a registered address at DE74 2UD, United Kingdom, Castle Donington, Derbyshire, Redgate House Warke Flatt, Willow Farm Business Park.

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