LIFTING GEAR UK GROUP LIMITED Financials
- Company number
- 10046388Copy
Copy - Registered office
- Unit 1d Maple Court, White Moss Business Pk, Skelmersdale WN8 9TW
- Incorporated
- 07/03/2016
Company snapshot
- Status
- Active
- Employees
- 134 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.67%vs 20232023: £7.60M
Total Assets
5.98%vs 20232023: £8.72M
Cash in Bank
54.01%vs 20232023: £17.99K
Total Liabilities
57.94%vs 20232023: £1.12M
Employees
+21vs 20232023: 113
In 2024, LIFTING GEAR UK GROUP LIMITED reported net assets of £7.48M. The same filing shows total assets of £9.24M, cash in bank of £27.70K and total liabilities of £1.77M. Reported headcount was 134 in 2024. Total Liabilities rose from £1.12M in 2023 to £1.77M in 2024 (57.94%). 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
-1.67%from £7.60M 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 LIFTING GEAR UK GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-4%vs 2022-2% a year compound (CAGR)
Cash in Bank
+40.6%vs 2022+18.6% a year compound (CAGR)
Total Assets
+10.7%vs 2022+5.2% a year compound (CAGR)
Total Liabilities
+215%vs 2022+77.5% a year compound (CAGR)
Employees
+28.8%vs 2022+30Biggest increase
Total Liabilities+215%
£561.25K in 2022 to £1.77M in 2024
Biggest decrease
Net Assets-4%
£7.79M in 2022 to £7.48M in 2024
LIFTING GEAR UK GROUP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LIFTING GEAR UK GROUP 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
- 80.87%2024
- Liabilities to total assets
- 19.13%2024
- Cash to liabilities
- 1.57%2024
- Cash to total assets
- 0.30%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 LIFTING GEAR UK GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 7.64M | 7.79M | 7.60M | 7.48M |
| Total Assets£ | 7.82M | 8.35M | 8.72M | 9.24M |
| Cash in Bank£ | 268.04K | 19.70K | 17.99K | 27.70K |
| Total Liabilities£ | 177.99K | 561.25K | 1.12M | 1.77M |
| Employees | 92 | 104 | 113 | 134 |
LIFTING GEAR UK GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has LIFTING GEAR UK GROUP LIMITED filed financial statements?
Yes. Okredo holds filed figures for LIFTING GEAR UK GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did LIFTING GEAR UK GROUP LIMITED report in 2024?
LIFTING GEAR UK GROUP LIMITED reported net assets of £7.48M for 2024. That compares with £7.60M in 2023, a change of -1.67%.
What total assets did LIFTING GEAR UK GROUP LIMITED report in 2024?
LIFTING GEAR UK GROUP LIMITED reported total assets of £9.24M for 2024. That compares with £8.72M in 2023, a change of 5.98%.
What cash in bank did LIFTING GEAR UK GROUP LIMITED report in 2024?
LIFTING GEAR UK GROUP LIMITED reported cash in bank of £27.70K for 2024. That compares with £17.99K in 2023, a change of 54.01%.
How many people does LIFTING GEAR UK GROUP LIMITED employ?
LIFTING GEAR UK GROUP LIMITED reported 134 employees in 2024, compared with 113 in 2023.
How have LIFTING GEAR UK GROUP LIMITED financials changed over the last 3 years?
Between 2022 and 2024, LIFTING GEAR UK GROUP LIMITED's net assets fell by 4%, cash in bank rose by 40.6%, total assets rose by 10.7% and total liabilities rose by 215%. Net assets contracted at 2% a year across the two years to 2024, from £7.79M to £7.48M. Reported headcount went from 104 in 2022 to 134 in 2024 (+30).
Which years of LIFTING GEAR UK GROUP LIMITED financial data are available?
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.