Lifting Gear Uk (asset Management) Limited

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lifting gear uk (asset management) limited Company Information

Company Number

06416624

Next Accounts

Sep 2025

Directors

Andrew Harrison

Claes Fredlund

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Shareholders

lifting gear uk (holdings) ltd

Group Structure

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Industry

Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Registered Address

unit 1d maple court, white moss business park, skelmersdale, lancashire, WN8 9TG

Website

https://www.lifting-equipment.co.uk

lifting gear uk (asset management) limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of LIFTING GEAR UK (ASSET MANAGEMENT) LIMITED at £1.5m based on a Turnover of £1.5m and 1x industry multiple (adjusted for size and gross margin).

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Lifting Gear Uk (asset Management) Limited is a live company located in skelmersdale, WN8 9TG with a Companies House number of 06416624. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in November 2007, it's largest shareholder is lifting gear uk (holdings) ltd with a 100% stake. Lifting Gear Uk (asset Management) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

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Pomanda's financial health check has awarded Lifting Gear Uk (Asset Management) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

5 Strong

0 Regular

6 Weak

Size

annual sales of £1.5m, make it smaller than the average company (£12.5m)

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.9%)

EXPORT

Lifting Gear Uk (Asset Management) Limited's latest turnover from December 2023 is £1.5 million and the company has net assets of £441.5 thousand. According to their latest financial statements, Lifting Gear Uk (Asset Management) Limited has 20 employees and maintains cash reserves of £21.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Turnover	1,492,153	1,377,490	1,450,600	1,060,596	1,000,191	1,268,979	753,722	1,401,432	335,084	5,509,535	2,758,198	3,247,471	1,719,880	1,102,692
Other Income Or Grants
Cost Of Sales	17,076	25,470	1,151,501	859,480	804,869	1,012,821	593,802	1,097,516	265,444	4,362,142	2,177,944	2,606,148	1,345,557	860,350
Gross Profit	1,475,077	1,352,020	299,099	201,115	195,322	256,158	159,920	303,916	69,640	1,147,394	580,254	641,323	374,323	242,342
Admin Expenses	1,422,221	1,293,240	283,755	482,470	634,493	678,975	410,758	1,091,860	-65,006	-602,914	246,431	-98,604	183,970	257,433	-77,204
Operating Profit	52,856	58,780	15,344	-281,355	-439,171	-422,817	-250,838	-787,944	134,646	1,750,308	333,823	739,927	190,353	-15,091	77,204
Interest Payable										11,519	23,037	23,037	23,037	23,037	11,519
Interest Receivable			935	382	460	459	86	118	814	806	354	379	191	36	1
Pre-Tax Profit	52,856	58,780	16,279	-280,973	-438,711	-422,358	-250,752	-787,826	135,460	1,739,595	311,140	717,268	167,507	-38,093	65,686
Tax	6,184	-9,428	-3,093						-27,092	-365,315	-71,562	-172,144	-43,552		-18,392
Profit After Tax	59,040	49,352	13,186	-280,973	-438,711	-422,358	-250,752	-787,826	108,368	1,374,280	239,578	545,124	123,955	-38,093	47,294
Dividends Paid
Retained Profit	59,040	49,352	13,186	-280,973	-438,711	-422,358	-250,752	-787,826	108,368	1,374,280	239,578	545,124	123,955	-38,093	47,294
Employee Costs	480,716	403,490	660,925	581,666	587,787	538,317	542,909	591,360	73,655	674,393	348,841	412,772	237,307	162,853
Number Of Employees	20	18	15	14	14	13	14	16	2	19	10	12	7	5
EBITDA*	74,793	88,967	58,310	-230,265	-358,480	-300,055	-84,717	-580,583	368,209	1,982,896	523,282	876,914	278,543	58,665	144,102

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Tangible Assets	213,098	237,836	272,878	323,264	414,873	514,670	651,383	849,352	1,053,536	1,428,808	1,191,259	1,125,864	748,351	594,119	490,566
Intangible Assets												147	1,907	3,667	5,427
Investments & Other	102	102	102	102	102	102	102	2	2
Debtors (Due After 1 year)
Total Fixed Assets	213,200	237,938	272,980	323,366	414,975	514,772	651,485	849,354	1,053,538	1,428,808	1,191,259	1,126,011	750,258	597,786	495,993
Stock & work in progress										70,719	62,794	63,169	61,790	61,678	69,490
Trade Debtors	4,180	1,046	409,230	184,633	193,732	245,515	128,784	340,243	111,417	2,248,080	1,057,952	1,163,754	606,720	390,153	337,708
Group Debtors	8,436,116	5,362,616	3,581,616	391,102	1,051,158	1,685,376	1,458,640	969,264	1,292,597
Misc Debtors	100,572	16,744	11,773	18,548	24,658	14,181	23,655	229,891	607,730
Cash	21,494	31,556	14,106	733,937	30,760	92,015	30,291	38,623	56,095	269,600	52,734	88,950	62,548	13,896	383
misc current assets
total current assets	8,562,362	5,411,962	4,016,725	1,328,220	1,300,308	2,037,087	1,641,370	1,578,021	2,067,839	2,588,399	1,173,480	1,315,873	731,058	465,727	407,581
total assets	8,775,562	5,649,900	4,289,705	1,651,586	1,715,283	2,551,859	2,292,855	2,427,375	3,121,377	4,017,207	2,364,739	2,441,884	1,481,316	1,063,513	903,574
Bank overdraft
Bank loan
Trade Creditors	89,968	38,471	165,638	171,410	101,578	362,863	24,050	244,107	38,074	1,283,849	702,300	1,146,385	613,560	342,140	179,433
Group/Directors Accounts	8,143,734	4,998,968	3,619,601	1,018,260	838,434	891,185	504,206	45,141
other short term finances
hp & lease commitments					347	17,219	33,895	66,984	104,282
other current liabilities	47,121	170,578	103,175	80,609	104,139	155,175	142,268	169,746	195,401
total current liabilities	8,280,823	5,208,017	3,888,414	1,270,279	1,044,498	1,426,442	704,419	525,978	337,757	1,283,849	702,300	1,146,385	613,560	342,140	179,433
loans											354,421	354,421	354,421	354,421	354,421
hp & lease commitments							17,219	52,413
Accruals and Deferred Income
other liabilities									106,457	130,852	143,038	52,739	200,000	200,000	200,000
provisions	53,275	59,459	68,219	61,421	69,926	85,847	109,289	136,304	176,657	210,368	147,122	110,059	80,179	57,751	22,426
total long term liabilities	53,275	59,459	68,219	61,421	69,926	85,847	126,508	188,717	283,114	341,220	644,581	517,219	634,600	612,172	576,847
total liabilities	8,334,098	5,267,476	3,956,633	1,331,700	1,114,424	1,512,289	830,927	714,695	620,871	1,625,069	1,346,881	1,663,604	1,248,160	954,312	756,280
net assets	441,464	382,424	333,072	319,886	600,859	1,039,570	1,461,928	1,712,680	2,500,506	2,392,138	1,017,858	778,280	233,156	109,201	147,294
total shareholders funds	441,464	382,424	333,072	319,886	600,859	1,039,570	1,461,928	1,712,680	2,500,506	2,392,138	1,017,858	778,280	233,156	109,201	147,294

	Dec 2023	Dec 2022	Dec 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Operating Activities
Operating Profit	52,856	58,780	15,344	-281,355	-439,171	-422,817	-250,838	-787,944	134,646	1,750,308	333,823	739,927	190,353	-15,091	77,204
Depreciation	21,937	30,187	42,966	51,090	80,691	122,762	166,121	207,361	233,563	232,588	189,312	135,227	86,430	71,996	65,138
Amortisation											147	1,760	1,760	1,760	1,760
Tax	6,184	-9,428	-3,093						-27,092	-365,315	-71,562	-172,144	-43,552		-18,392
Stock									-70,719	7,925	-375	1,379	112	-7,812	69,490
Debtors	3,160,462	1,377,787	3,408,336	-675,265	-675,524	333,993	71,681	-472,346	-236,336	1,190,128	-105,802	557,034	216,567	52,445	337,708
Creditors	51,497	-127,167	-5,772	69,832	-261,285	338,813	-220,057	206,033	-1,245,775	581,549	-444,085	532,825	271,420	162,707	179,433
Accruals and Deferred Income	-123,457	67,403	22,566	-23,530	-51,036	12,907	-27,478	-25,655	195,401
Deferred Taxes & Provisions	-6,184	-8,760	6,798	-8,505	-15,921	-23,442	-27,015	-40,353	-33,711	63,246	37,063	29,880	22,428	35,325	22,426
Cash flow from operations	-3,157,629	-1,366,772	-3,329,527	482,797	-11,198	-305,770	-430,948	31,788	-435,913	1,064,323	150,875	709,062	312,160	212,064	-79,629
Investing Activities
capital expenditure	2,801	4,855	7,420	40,519	19,106	13,951	31,848	-3,177	141,709	-470,137	-254,707	-512,740	-240,662	-175,549	-562,891
Change in Investments							100		2
cash flow from investments	2,801	4,855	7,420	40,519	19,106	13,951	31,748	-3,177	141,707	-470,137	-254,707	-512,740	-240,662	-175,549	-562,891
Financing Activities
Bank loans
Group/Directors Accounts	3,144,766	1,379,367	2,601,341	179,826	-52,751	386,979	459,065	45,141
Other Short Term Loans
Long term loans										-354,421					354,421
Hire Purchase and Lease Commitments				-347	-16,872	-33,895	-68,283	15,115	104,282
other long term liabilities								-106,457	-24,395	-12,186	90,299	-147,261			200,000
share issue															100,000
interest			935	382	460	459	86	118	814	-10,713	-22,683	-22,658	-22,846	-23,001	-11,518
cash flow from financing	3,144,766	1,379,367	2,602,276	179,861	-69,163	353,543	390,868	-46,083	80,701	-377,320	67,616	-169,919	-22,846	-23,001	642,903
cash and cash equivalents
cash	-10,062	17,450	-719,831	703,177	-61,255	61,724	-8,332	-17,472	-213,505	216,866	-36,216	26,402	48,652	13,513	383
overdraft
change in cash	-10,062	17,450	-719,831	703,177	-61,255	61,724	-8,332	-17,472	-213,505	216,866	-36,216	26,402	48,652	13,513	383

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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LIFTING GEAR UK (ASSET MANAGEMENT) LIMITED group structure

Lifting Gear Uk (Asset Management) Limited has 2 subsidiary companies.

Ultimate parent company

LIFTING GEAR UK GROUP LIMITED

10046388

LIFTING GEAR UK (HOLDINGS) LIMITED

08643930

2 parents

LIFTING GEAR UK (ASSET MANAGEMENT) LIMITED

06416624

2 subsidiaries

LIFTING PROJECTS UK LIMITED

09158962

LIFTING GEAR UK LIMITED

09245302

LIFTING GEAR UK (ASSET MANAGEMENT) LIMITED Shareholders

lifting gear uk (holdings) ltd

100%

Lifting Gear Uk (Asset Management) Limited currently has 4 directors. The longest serving directors include Mr Andrew Harrison (Jan 2021) and Mr Claes Fredlund (Dec 2021).

officer	age	start	end	role
Mr Andrew Harrison	32 years	Jan 2021	-	Director
Mr Claes Fredlund	45 years	Dec 2021	-	Director
Mr Claes Fredlund	45 years	Dec 2021	-	Director
Mr Mattias Jaginder	55 years	Oct 2023	-	Director

P&L

December 2023

turnover

1.5m

+8%

operating profit

52.9k

-10%

gross margin

98.9%

+0.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

441.5k

+0.15%

total assets

8.8m

+0.55%

cash

21.5k

-0.32%

net assets

Total assets minus all liabilities

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company number

06416624

Type

Private limited with Share Capital

industry

77320 - Renting and leasing of construction and civil engineering machinery and equipment

46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft

77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.

incorporation date

November 2007

ultimate parent company

LIFTING GEAR UK GROUP LIMITED

previous names

lifting gear uk limited (May 2015)

address

unit 1d maple court, white moss business park, skelmersdale, lancashire, WN8 9TG

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 5 charges/mortgages relating to lifting gear uk (asset management) limited. Currently there are 0 open charges and 5 have been satisfied in the past.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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lifting gear uk (asset management) limited Company Information

lifting gear uk (asset management) limited Estimated Valuation

lifting gear uk (asset management) limited Estimated Valuation

lifting gear uk (asset management) limited Estimated Valuation

Lifting Gear Uk (asset Management) Limited Overview

Lifting Gear Uk (asset Management) Limited Health Check

LIFTING GEAR UK (ASSET MANAGEMENT) LIMITED financials

lifting gear uk (asset management) limited Credit Report and Business Information

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lifting gear uk (asset management) limited Ownership

lifting gear uk (asset management) limited directors

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