Lift-Rite Engineering Services Limited
05081091
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 17/03/2026
Due 31/03/2027
Industry
Officers
director · Since 06/10/2017
DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 5 other boards
director · Since 06/10/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 30 other boards
director · Since 29/11/2021
DIRECTOR
NORTHERN IRISH · ENGLAND · Age 51
Also on 4 other boards
Persons with Significant Control
Lift-Rite Holdings Limited
Unit 2, Stephenson Street, Wallsend, NE28 6UE
Reg: 06650091 · Companies House · Private Limited Company
Notified 06/10/2017
Former PSCs
Mr Graeme Henzel Robson
Ceased 06/10/2017
Mr Kenneth Mcdonald
Ceased 06/10/2017
Charges1 outstanding
LLOYDS BANK COMMERCIAL FINANCE LTD
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CompanyRankvs 68660+ SIC 96090 peers71
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£453k
Balance sheet strength
Cash
£31k
Cash in the bank
Net Current Assets
£256k
Working capital
Current Assets
£1.1M
Current Liabilities
£893k
Fixed Assets
£281k
Debtors
£1.1M
Profit After Tax
£43k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.29 | -£225k |
| 2023 | 1.44 | +£43k |
| 2022 | 1.62 | +£100k |
| 2021 | 1.75 | -£178k |
| 2020 | 1.73 | -£32k |
| 2020 | 1.78 | -£92k |
| 2019 | 1.41 | -£456k |
| 2018 | 2.06 | — |
Derived from filed accounts. Not audited figures.