LIFT-N-SHIFT (NI) LTD Financials
- Company number
- NI622148CopyCopy
- Registered office
- Unit 4 Meadow Road, Moira, Craigavon BT67 0HH
- Incorporated
- 06/01/2014
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
7.12%vs 20232023: £1.23M
Total Assets
-8.37%vs 20232023: £1.73M
Cash in Bank
3.12%vs 20232023: £420.95K
Total Liabilities
-51.76%vs 20232023: £439.14K
Employees
0vs 20232023: 5
In 2024, LIFT-N-SHIFT (NI) LTD reported net assets of £1.31M. The same filing shows total assets of £1.58M, cash in bank of £434.09K and total liabilities of £211.86K. Reported headcount was 5 in 2024. Total Liabilities fell from £439.14K in 2023 to £211.86K in 2024 (-51.76%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
7.12%from £1.23M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures LIFT-N-SHIFT (NI) LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+29.6%vs 2022+13.8% a year compound (CAGR)
Cash in Bank
+60.1%vs 2022+26.5% a year compound (CAGR)
Total Assets
+12%vs 2022+5.8% a year compound (CAGR)
Total Liabilities
-36.5%vs 2022-20.3% a year compound (CAGR)
Employees
+66.7%vs 2022+2Biggest increase
Employees+66.7%
3 in 2022 to 5 in 2024
Biggest decrease
Total Liabilities-36.5%
£333.49K in 2022 to £211.86K in 2024
LIFT-N-SHIFT (NI) LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LIFT-N-SHIFT (NI) LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 82.87%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 13.37%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 204.90%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 27.40%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LIFT-N-SHIFT (NI) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 877.10K | 1.01M | 1.23M | 1.31M |
| Total Assets£ | 1.24M | 1.41M | 1.73M | 1.58M |
| Cash in Bank£ | 285.54K | 271.07K | 420.95K | 434.09K |
| Total Liabilities£ | 308.89K | 333.49K | 439.14K | 211.86K |
| Employees | 3 | 3 | 5 | 5 |
LIFT-N-SHIFT (NI) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LIFT-N-SHIFT (NI) LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LIFT-N-SHIFT (NI) LTD reported net assets of £1.31M for 2024. That compares with £1.23M in 2023, a change of 7.12%.
LIFT-N-SHIFT (NI) LTD reported total assets of £1.58M for 2024. That compares with £1.73M in 2023, a change of -8.37%.
LIFT-N-SHIFT (NI) LTD reported cash in bank of £434.09K for 2024. That compares with £420.95K in 2023, a change of 3.12%.
LIFT-N-SHIFT (NI) LTD reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, LIFT-N-SHIFT (NI) LTD's net assets rose by 29.6%, cash in bank rose by 60.1%, total assets rose by 12% and total liabilities fell by 36.5%. Net assets compounded at 13.8% a year across the two years to 2024, from £1.01M to £1.31M. Reported headcount went from 3 in 2022 to 5 in 2024 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.