lifting gear uk group limited
lifting gear uk group limited Company Information
Company Number
10046388
Next Accounts
Sep 2025
Shareholders
axel johnson international ab
Group Structure
View All
Industry
Activities of construction holding companies
Registered Address
unit 1d maple court, white moss business pk, skelmersdale, WN8 9TW
Website
www.lifting-equipment.co.uklifting gear uk group limited Estimated Valuation
Pomanda estimates the enterprise value of LIFTING GEAR UK GROUP LIMITED at £37.4m based on a Turnover of £13.9m and 2.69x industry multiple (adjusted for size and gross margin).
lifting gear uk group limited Estimated Valuation
Pomanda estimates the enterprise value of LIFTING GEAR UK GROUP LIMITED at £34.4m based on an EBITDA of £2.9m and a 11.67x industry multiple (adjusted for size and gross margin).
lifting gear uk group limited Estimated Valuation
Pomanda estimates the enterprise value of LIFTING GEAR UK GROUP LIMITED at £14.9m based on Net Assets of £8.6m and 1.73x industry multiple (adjusted for liquidity).
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Lifting Gear Uk Group Limited Overview
Lifting Gear Uk Group Limited is a live company located in skelmersdale, WN8 9TW with a Companies House number of 10046388. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in March 2016, it's largest shareholder is axel johnson international ab with a 100% stake. Lifting Gear Uk Group Limited is a young, mid sized company, Pomanda has estimated its turnover at £13.9m with high growth in recent years.
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Lifting Gear Uk Group Limited Health Check
Pomanda's financial health check has awarded Lifting Gear Uk Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £13.9m, make it smaller than the average company (£24.8m)
£13.9m - Lifting Gear Uk Group Limited
£24.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (7.6%)
18% - Lifting Gear Uk Group Limited
7.6% - Industry AVG
Production
with a gross margin of 57.3%, this company has a lower cost of product (16.4%)
57.3% - Lifting Gear Uk Group Limited
16.4% - Industry AVG
Profitability
an operating margin of 13.5% make it more profitable than the average company (4.7%)
13.5% - Lifting Gear Uk Group Limited
4.7% - Industry AVG
Employees
with 113 employees, this is above the industry average (81)
113 - Lifting Gear Uk Group Limited
81 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has a lower pay structure (£53.4k)
£41.8k - Lifting Gear Uk Group Limited
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £123.3k, this is less efficient (£365k)
£123.3k - Lifting Gear Uk Group Limited
£365k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (50 days)
77 days - Lifting Gear Uk Group Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (42 days)
75 days - Lifting Gear Uk Group Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 18 days, this is in line with average (15 days)
18 days - Lifting Gear Uk Group Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (21 weeks)
14 weeks - Lifting Gear Uk Group Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.6%, this is a lower level of debt than the average (62.9%)
25.6% - Lifting Gear Uk Group Limited
62.9% - Industry AVG
LIFTING GEAR UK GROUP LIMITED financials
Lifting Gear Uk Group Limited's latest turnover from December 2023 is £13.9 million and the company has net assets of £8.6 million. According to their latest financial statements, Lifting Gear Uk Group Limited has 113 employees and maintains cash reserves of £520.5 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 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 13,937,270 | 11,385,898 | 11,382,584 | 8,399,181 | 9,474,286 | 9,577,485 | 7,352,649 | 3,496,899 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 5,953,699 | 5,157,694 | 4,816,168 | 3,473,326 | 4,240,346 | 4,077,642 | 3,168,930 | 1,513,050 |
| Gross Profit | 7,983,571 | 6,228,204 | 6,566,416 | 4,925,855 | 5,233,940 | 5,499,843 | 4,183,719 | 1,983,849 |
| Admin Expenses | 6,107,450 | 4,842,820 | 4,662,803 | 3,442,444 | 4,469,626 | 4,060,785 | 3,327,297 | 1,537,300 |
| Operating Profit | 1,876,121 | 1,385,384 | 1,903,613 | 1,483,411 | 764,314 | 1,439,058 | 856,422 | 446,549 |
| Interest Payable | 12,080 | 233,693 | 123,436 | 110,409 | 100,610 | 105,530 | 59,911 | |
| Interest Receivable | 3,117 | 26,080 | 18,984 | 18,218 | 26,669 | 12,885 | 18,363 | |
| Pre-Tax Profit | 1,879,238 | 1,399,384 | 1,688,904 | 1,378,193 | 680,574 | 1,351,333 | 769,255 | 386,638 |
| Tax | -495,937 | -277,959 | -486,113 | -276,643 | -90,353 | -231,635 | -173,686 | -90,132 |
| Profit After Tax | 1,383,301 | 1,121,425 | 1,202,791 | 1,101,550 | 590,221 | 1,119,698 | 595,569 | 296,506 |
| Dividends Paid | 200,000 | 323,973 | 288,229 | 302,644 | 458,940 | 295,411 | 33,770 | |
| Retained Profit | 1,183,301 | 1,121,425 | 878,818 | 813,321 | 287,577 | 660,758 | 300,158 | 262,736 |
| Employee Costs | 4,718,846 | 3,724,112 | 3,487,974 | 3,108,419 | 3,367,979 | 3,016,097 | 2,407,858 | 1,030,531 |
| Number Of Employees | 113 | 104 | 92 | 93 | 108 | 88 | 86 | 76 |
| EBITDA* | 2,946,790 | 2,154,003 | 2,780,472 | 2,284,587 | 1,526,891 | 2,170,114 | 1,546,253 | 736,203 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,856,896 | 2,895,192 | 2,338,154 | 2,418,675 | 2,327,750 | 2,312,626 | 2,259,518 | 2,254,827 |
| Intangible Assets | 2,361,100 | 2,553,139 | 2,745,178 | 2,969,224 | 3,161,263 | 3,353,302 | 3,527,341 | 3,717,580 |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 7,217,996 | 5,448,331 | 5,083,332 | 5,387,899 | 5,489,013 | 5,665,928 | 5,786,859 | 5,972,407 |
| Stock & work in progress | 304,132 | 308,750 | 255,664 | 242,926 | 244,011 | 209,023 | 148,205 | 110,521 |
| Trade Debtors | 2,966,107 | 2,625,799 | 2,203,291 | 1,718,399 | 2,341,809 | 2,187,696 | 1,617,835 | 1,684,860 |
| Group Debtors | 202,597 | 505,000 | 283,920 | |||||
| Misc Debtors | 392,950 | 324,528 | 224,321 | 739,171 | 994,056 | 707,524 | 533,093 | 392,713 |
| Cash | 520,472 | 710,196 | 331,721 | 1,628,324 | 168,002 | 455,843 | 349,386 | 157,452 |
| misc current assets | ||||||||
| total current assets | 4,386,258 | 4,474,273 | 3,298,917 | 4,328,820 | 3,747,878 | 3,560,086 | 2,648,519 | 2,345,546 |
| total assets | 11,604,254 | 9,922,604 | 8,382,249 | 9,716,719 | 9,236,891 | 9,226,014 | 8,435,378 | 8,317,953 |
| Bank overdraft | 147,817 | 141,677 | 136,777 | 131,750 | ||||
| Bank loan | 275,781 | |||||||
| Trade Creditors | 1,237,589 | 906,245 | 626,917 | 602,848 | 600,324 | 660,761 | 412,467 | 444,355 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | 403,765 | 375,059 | 309,968 | 247,457 | 187,577 | |||
| other current liabilities | 685,227 | 879,953 | 892,112 | 743,003 | 1,403,587 | 1,319,465 | 1,130,082 | 1,051,651 |
| total current liabilities | 1,922,816 | 1,786,198 | 1,519,029 | 2,025,397 | 2,526,787 | 2,431,871 | 1,926,783 | 1,815,333 |
| loans | 1,137,565 | 88,908 | 236,725 | 377,981 | 514,758 | |||
| hp & lease commitments | 733,710 | 663,429 | 603,338 | 585,857 | 432,274 | |||
| Accruals and Deferred Income | ||||||||
| other liabilities | 1,000,000 | 1,250,000 | 1,500,000 | 1,790,000 | ||||
| provisions | 1,049,594 | 687,863 | 536,102 | 371,747 | 322,788 | 257,678 | 259,113 | 280,102 |
| total long term liabilities | 1,049,594 | 687,863 | 536,102 | 2,243,022 | 2,075,125 | 2,347,741 | 2,722,951 | 3,017,134 |
| total liabilities | 2,972,410 | 2,474,061 | 2,055,131 | 4,268,419 | 4,601,912 | 4,779,612 | 4,649,734 | 4,832,467 |
| net assets | 8,631,844 | 7,448,543 | 6,327,118 | 5,448,300 | 4,634,979 | 4,446,402 | 3,785,644 | 3,485,486 |
| total shareholders funds | 8,631,844 | 7,448,543 | 6,327,118 | 5,448,300 | 4,634,979 | 4,446,402 | 3,785,644 | 3,485,486 |
| Dec 2023 | Dec 2022 | Dec 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,876,121 | 1,385,384 | 1,903,613 | 1,483,411 | 764,314 | 1,439,058 | 856,422 | 446,549 |
| Depreciation | 878,630 | 576,580 | 652,813 | 609,137 | 570,538 | 539,017 | 499,592 | 202,462 |
| Amortisation | 192,039 | 192,039 | 224,046 | 192,039 | 192,039 | 192,039 | 190,239 | 87,192 |
| Tax | -495,937 | -277,959 | -486,113 | -276,643 | -90,353 | -231,635 | -173,686 | -90,132 |
| Stock | -4,618 | 53,086 | 12,738 | -1,085 | 34,988 | 60,818 | 37,684 | 110,521 |
| Debtors | 106,327 | 743,795 | 253,962 | -878,295 | 440,645 | 744,292 | 73,355 | 2,077,573 |
| Creditors | 331,344 | 279,328 | 24,069 | 2,524 | -60,437 | 248,294 | -31,888 | 444,355 |
| Accruals and Deferred Income | -194,726 | -12,159 | 149,109 | -660,584 | 84,122 | 189,383 | 78,431 | 1,051,651 |
| Deferred Taxes & Provisions | 361,731 | 151,761 | 164,355 | 48,959 | 65,110 | -1,435 | -20,989 | 280,102 |
| Cash flow from operations | 2,847,493 | 1,498,093 | 2,365,192 | 2,278,223 | 1,049,700 | 1,569,611 | 1,287,082 | 234,085 |
| Investing Activities | ||||||||
| capital expenditure | -100,687 | -4,520 | -154,673 | |||||
| Change in Investments | ||||||||
| cash flow from investments | -100,687 | -4,520 | -154,673 | |||||
| Financing Activities | ||||||||
| Bank loans | -275,781 | 275,781 | ||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | -1,137,565 | 1,048,657 | -147,817 | -141,256 | -136,777 | 514,758 | ||
| Hire Purchase and Lease Commitments | -1,137,475 | 98,987 | 125,182 | 79,992 | 213,463 | 619,851 | ||
| other long term liabilities | -1,000,000 | -250,000 | -250,000 | -290,000 | 1,790,000 | |||
| share issue | ||||||||
| interest | 3,117 | 14,000 | -214,709 | -105,218 | -83,740 | -87,725 | -87,167 | -59,911 |
| cash flow from financing | 3,117 | 14,000 | -2,765,530 | 318,207 | -455,375 | -398,989 | -300,481 | 6,087,448 |
| cash and cash equivalents | ||||||||
| cash | -189,724 | 378,475 | -1,296,603 | 1,460,322 | -287,841 | 106,457 | 191,934 | 157,452 |
| overdraft | -147,817 | 6,140 | 4,900 | 5,027 | 131,750 | |||
| change in cash | -189,724 | 378,475 | -1,296,603 | 1,608,139 | -293,981 | 101,557 | 186,907 | 25,702 |
lifting gear uk group limited Credit Report and Business Information
Lifting Gear Uk Group Limited Competitor Analysis
Perform a competitor analysis for lifting gear uk group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in WN8 area or any other competitors across 12 key performance metrics.
lifting gear uk group limited Ownership
LIFTING GEAR UK GROUP LIMITED group structure
Lifting Gear Uk Group Limited has 1 subsidiary company.
Ultimate parent company
LIFTING GEAR UK GROUP LIMITED
10046388
1 subsidiary
lifting gear uk group limited directors
Lifting Gear Uk Group 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
13.9m
+22%
operating profit
1.9m
+35%
gross margin
57.3%
+4.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.6m
+0.16%
total assets
11.6m
+0.17%
cash
520.5k
-0.27%
net assets
Total assets minus all liabilities
lifting gear uk group limited company details
company number
10046388
Type
Private limited with Share Capital
industry
64203 - Activities of construction holding companies
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RODL & PARTNER LIMITED
address
unit 1d maple court, white moss business pk, skelmersdale, WN8 9TW
Bank
-
Legal Advisor
-
lifting gear uk group 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 2 charges/mortgages relating to lifting gear uk group limited. Currently there are 0 open charges and 2 have been satisfied in the past.
lifting gear uk group 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 GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
lifting gear uk group limited Companies House Filings - See Documents
| date | description | view/download |
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