LIFT SPECIALISTS LIMITED Financials
- Company number
- 03814919CopyCopy
- Registered office
- Unit 14 Alpha Business Park, Travellers Way, Welham Green, Hertfordshire AL9 7NT
- Incorporated
- 27/07/1999
Company snapshot
- Status
- Active
- Employees
- 49 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-8.10%vs 20242024: £1.32M
Total Assets
35.18%vs 20242024: £3.81M
Cash in Bank
-9.89%vs 20242024: £1.09M
Total Liabilities
75.98%vs 20242024: £2.13M
Employees
-9vs 20242024: 58
In 2025, LIFT SPECIALISTS LIMITED reported net assets of £1.21M. The same filing shows total assets of £5.15M, cash in bank of £983.14K and total liabilities of £3.76M. Reported headcount was 49 in 2025. Total Liabilities rose from £2.13M in 2024 to £3.76M in 2025 (75.98%). Okredo holds filed figures for 2021–2025; 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
-8.10%from £1.32M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures LIFT SPECIALISTS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-7.8%vs 2023-4% a year compound (CAGR)
Cash in Bank
+53.9%vs 2023+24.1% a year compound (CAGR)
Total Assets
+52.4%vs 2023+23.4% a year compound (CAGR)
Total Liabilities
+144%vs 2023+56.2% a year compound (CAGR)
Employees
-15.5%vs 2023-9Biggest increase
Total Liabilities+144%
£1.54M in 2023 to £3.76M in 2025
Biggest decrease
Employees-15.5%
58 in 2023 to 49 in 2025
LIFT SPECIALISTS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LIFT SPECIALISTS LIMITED'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
- 23.54%2025
- 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
- 72.96%2025
- 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
- 26.18%2025
- 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
- 19.10%2025
- 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 SPECIALISTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.18M | 1.31M | 1.31M | 1.32M | 1.21M |
| Total Assets£ | 3.39M | 3.70M | 3.38M | 3.81M | 5.15M |
| Cash in Bank£ | 1.13M | 792.64K | 638.80K | 1.09M | 983.14K |
| Total Liabilities£ | 2.21M | 2.10M | 1.54M | 2.13M | 3.76M |
| Employees | 73 | 73 | 58 | 58 | 49 |
LIFT SPECIALISTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LIFT SPECIALISTS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
LIFT SPECIALISTS LIMITED reported net assets of £1.21M for 2025. That compares with £1.32M in 2024, a change of -8.10%.
LIFT SPECIALISTS LIMITED reported total assets of £5.15M for 2025. That compares with £3.81M in 2024, a change of 35.18%.
LIFT SPECIALISTS LIMITED reported cash in bank of £983.14K for 2025. That compares with £1.09M in 2024, a change of -9.89%.
LIFT SPECIALISTS LIMITED reported 49 employees in 2025, compared with 58 in 2024.
Between 2023 and 2025, LIFT SPECIALISTS LIMITED's net assets fell by 7.8%, cash in bank rose by 53.9%, total assets rose by 52.4% and total liabilities rose by 144%. Net assets contracted at 4% a year across the two years to 2025, from £1.31M to £1.21M. Reported headcount went from 58 in 2023 to 49 in 2025 (-9).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.