lifting gear uk limited
lifting gear uk limited Company Information
Company Number
09245302
Next Accounts
Sep 2025
Shareholders
lifting gear uk (asset management) limited
Group Structure
View All
Industry
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
+2Registered Address
unit 1d maple court, white moss business park, skelmersdale, lancashire, WN8 9TW
Website
www.lifting-equipment.co.uklifting gear uk limited Estimated Valuation
Pomanda estimates the enterprise value of LIFTING GEAR UK LIMITED at £8.6m based on a Turnover of £11.1m and 0.77x industry multiple (adjusted for size and gross margin).
lifting gear uk limited Estimated Valuation
Pomanda estimates the enterprise value of LIFTING GEAR UK LIMITED at £7.4m based on an EBITDA of £1.5m and a 4.88x industry multiple (adjusted for size and gross margin).
lifting gear uk limited Estimated Valuation
Pomanda estimates the enterprise value of LIFTING GEAR UK LIMITED at £8m based on Net Assets of £3.7m and 2.15x industry multiple (adjusted for liquidity).
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Lifting Gear Uk Limited Overview
Lifting Gear Uk Limited is a live company located in skelmersdale, WN8 9TW with a Companies House number of 09245302. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in October 2014, it's largest shareholder is lifting gear uk (asset management) limited with a 100% stake. Lifting Gear Uk Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.1m with rapid growth in recent years.
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Lifting Gear Uk Limited Health Check
Pomanda's financial health check has awarded Lifting Gear Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £11.1m, make it in line with the average company (£12.5m)
£11.1m - Lifting Gear Uk Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (7.9%)
- Lifting Gear Uk Limited
7.9% - Industry AVG
Production
with a gross margin of 50.1%, this company has a lower cost of product (36.7%)
50.1% - Lifting Gear Uk Limited
36.7% - Industry AVG
Profitability
an operating margin of 13.6% make it more profitable than the average company (9.8%)
13.6% - Lifting Gear Uk Limited
9.8% - Industry AVG
Employees
with 76 employees, this is above the industry average (43)
76 - Lifting Gear Uk Limited
43 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£49k)
£44.4k - Lifting Gear Uk Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £146.3k, this is less efficient (£274.2k)
£146.3k - Lifting Gear Uk Limited
£274.2k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (54 days)
76 days - Lifting Gear Uk Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (45 days)
36 days - Lifting Gear Uk Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is less than average (38 days)
16 days - Lifting Gear Uk Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (9 weeks)
2 weeks - Lifting Gear Uk Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.6%, this is a similar level of debt than the average (61.5%)
55.6% - Lifting Gear Uk Limited
61.5% - Industry AVG
LIFTING GEAR UK LIMITED financials
Lifting Gear Uk Limited's latest turnover from December 2023 is £11.1 million and the company has net assets of £3.7 million. According to their latest financial statements, Lifting Gear Uk Limited has 76 employees and maintains cash reserves of £190.1 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,115,504 | 9,299,258 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 5,551,279 | 4,596,346 | |||||||
| Gross Profit | 5,564,225 | 4,702,912 | |||||||
| Admin Expenses | 4,054,323 | 3,500,587 | |||||||
| Operating Profit | 1,509,902 | 1,202,325 | |||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 1,509,902 | 1,202,325 | |||||||
| Tax | -101,422 | -51,601 | |||||||
| Profit After Tax | 1,408,480 | 1,150,724 | |||||||
| Dividends Paid | |||||||||
| Retained Profit | 1,408,480 | 1,150,724 | |||||||
| Employee Costs | 3,376,359 | 2,659,598 | |||||||
| Number Of Employees | 76 | 72 | 60 | 65 | 78 | 59 | 58 | 47 | |
| EBITDA* | 1,511,702 | 1,204,125 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | 6,900 | 8,700 | 10,500 | 12,600 | 14,400 | 16,200 | |||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 6,900 | 8,700 | 10,500 | 12,600 | 14,400 | 16,200 | |||
| Stock & work in progress | 254,210 | 258,388 | 202,981 | 200,843 | 229,536 | 193,558 | 146,085 | 110,302 | 105,052 |
| Trade Debtors | 2,319,666 | 2,179,409 | 1,729,373 | 1,430,838 | 1,886,929 | 1,846,531 | 1,269,171 | 1,436,022 | 1,029,177 |
| Group Debtors | 5,621,393 | 3,045,098 | 2,338,357 | 512,677 | 427,070 | 115,234 | 474,557 | 287,585 | |
| Misc Debtors | 32,816 | 157,199 | 41,377 | 244,199 | 100,544 | 98,490 | 81,232 | 53,453 | 47,526 |
| Cash | 190,139 | 420,268 | 27,797 | 628,532 | 40,909 | 213,167 | 109,312 | 52,139 | 38,632 |
| misc current assets | |||||||||
| total current assets | 8,418,224 | 6,060,362 | 4,339,885 | 3,017,089 | 2,684,988 | 2,466,980 | 2,080,357 | 1,939,501 | 1,220,387 |
| total assets | 8,425,124 | 6,069,062 | 4,350,385 | 3,029,689 | 2,699,388 | 2,483,180 | 2,080,357 | 1,939,501 | 1,220,387 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 554,135 | 606,132 | 903,339 | 582,409 | 608,341 | 678,964 | 420,361 | 623,825 | 404,643 |
| Group/Directors Accounts | 3,562,015 | 2,630,554 | 1,819,563 | 896,318 | 32,990 | 47,935 | 12,631 | 373,418 | |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 564,566 | 496,448 | 442,279 | 457,506 | 940,372 | 571,515 | 494,199 | 670,134 | 208,462 |
| total current liabilities | 4,680,716 | 3,733,134 | 3,165,181 | 1,936,233 | 1,581,703 | 1,298,414 | 927,191 | 1,293,959 | 986,523 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 4,680,716 | 3,733,134 | 3,165,181 | 1,936,233 | 1,581,703 | 1,298,414 | 927,191 | 1,293,959 | 986,523 |
| net assets | 3,744,408 | 2,335,928 | 1,185,204 | 1,093,456 | 1,117,685 | 1,184,766 | 1,153,166 | 645,542 | 233,864 |
| total shareholders funds | 3,744,408 | 2,335,928 | 1,185,204 | 1,093,456 | 1,117,685 | 1,184,766 | 1,153,166 | 645,542 | 233,864 |
| Dec 2023 | Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 1,509,902 | 1,202,325 | |||||||
| Depreciation | |||||||||
| Amortisation | 1,800 | 1,800 | 2,100 | 1,800 | 1,800 | ||||
| Tax | -101,422 | -51,601 | |||||||
| Stock | -4,178 | 55,407 | 2,138 | -28,693 | 35,978 | 47,473 | 35,783 | 5,250 | 105,052 |
| Debtors | 2,592,169 | 1,272,599 | 1,921,393 | -226,829 | 354,288 | 235,295 | 47,900 | 700,357 | 1,076,703 |
| Creditors | -51,997 | -297,207 | 320,930 | -25,932 | -70,623 | 258,603 | -203,464 | 219,182 | 404,643 |
| Accruals and Deferred Income | 68,118 | 54,169 | -15,227 | -482,866 | 368,857 | 77,316 | -175,935 | 461,672 | 208,462 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | -1,161,590 | -418,520 | |||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 931,461 | 810,991 | 923,245 | 863,328 | -14,945 | 35,304 | 12,631 | -373,418 | 373,418 |
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | 931,461 | 810,991 | |||||||
| cash and cash equivalents | |||||||||
| cash | -230,129 | 392,471 | -600,735 | 587,623 | -172,258 | 103,855 | 57,173 | 13,507 | 38,632 |
| overdraft | |||||||||
| change in cash | -230,129 | 392,471 | -600,735 | 587,623 | -172,258 | 103,855 | 57,173 | 13,507 | 38,632 |
lifting gear uk limited Credit Report and Business Information
Lifting Gear Uk Limited Competitor Analysis
Perform a competitor analysis for lifting gear uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WN8 area or any other competitors across 12 key performance metrics.
lifting gear uk limited Ownership
LIFTING GEAR UK LIMITED group structure
Lifting Gear Uk Limited has no subsidiary companies.
Ultimate parent company
2 parents
LIFTING GEAR UK LIMITED
09245302
lifting gear uk limited directors
Lifting Gear Uk Limited currently has 4 directors. The longest serving directors include Mr Andrew Harrison (Jan 2021) and Mr Claes Fredlund (Dec 2021).
| officer | country | 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 2023turnover
11.1m
+20%
operating profit
1.5m
+26%
gross margin
50.1%
-1.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.7m
+0.6%
total assets
8.4m
+0.39%
cash
190.1k
-0.55%
net assets
Total assets minus all liabilities
lifting gear uk limited company details
company number
09245302
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
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
lifting gear uk (asset management) limited (May 2015)
accountant
NRB
auditor
-
address
unit 1d maple court, white moss business park, skelmersdale, lancashire, WN8 9TW
Bank
-
Legal Advisor
-
lifting gear uk limited Charges & Mortgages
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 3 charges/mortgages relating to lifting gear uk limited. Currently there are 0 open charges and 3 have been satisfied in the past.
lifting gear uk limited Capital Raised & Share Issues BETA
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.
Click to start generating capital raising & share issue transactions for LIFTING GEAR UK LIMITED. This can take several minutes, an email will notify you when this has completed.
lifting gear uk limited Companies House Filings - See Documents
| date | description | view/download |
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