Liftech Solutions Limited in Bridgwater, TA6 3YF

Description

Data updated on: 01-11-2023

Liftech Solutions is a company located at TA6 3YF Bridgwater at 4 King Square. This company was established in 2002 and is established under reg. no. 04373314. This company has been present on the British market for twenty two years now and the official state is active. The company has a history in registered name changes. Up till now the company had two other names. Up till 2019 the company was prospering as Liftech.org and up to that point the company name was Liftech Systems (sw). This enterprise's registered with SIC code 82990 and their NACE code stands for Other business support service activities not elsewhere classified. 2023-05-31 is the last time account status updates were reported.

Having eight job announcements since Tue, 29th Mar 2016, the enterprise has been among the most active ones on the employment market. Most recently, it was searching for new employees in Bridgwater. They tend to offer full time positions under Temporary contract mode. They seek candidates for such positions as for instance: Lift Engineers Mate / Trainee Engineer, Lift Engineer or Electro-Mechanical Engineer and Lift Engineer.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the South Gloucestershire Council, with over 25 transactions from worth at least 500 pounds each, amounting to £162,326 in total. The company also worked with the Devon County Council (3 transactions worth £2,178 in total). Liftech Solutions was the service provided to the South Gloucestershire Council Council covering the following areas: Capital Grants & All.ces Made was also the service provided to the Devon County Council Council covering the following areas: Adaptations - Private (3rd) and Adaptations Minor.

There is a team of two directors supervising this specific business right now, specifically Paul B. and Robert B. who have been performing the directors responsibilities for seven years.

Previous company's names
Liftech Solutions Limited 2019-03-11
Liftech.org Limited 2008-07-08
Liftech Systems (sw) Limited 2002-02-13

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	67 256	56 590	152 115	232 854

Balance Sheet
Cash Bank In Hand	284 689	328 258	363 068	341 481
Cash Bank On Hand				341 481	359 060	413 079	77 332	115 721	98 789	116 005	307 479	131 666
Current Assets	424 682	448 963	460 519	482 440	521 028	561 059	289 426	238 706	193 923	323 513	509 895	486 941
Debtors	123 079	95 614	71 220	109 447	130 217	111 380	178 794	94 665	43 905	171 268	107 925	218 279
Net Assets Liabilities				232 854	251 205	323 013	89 998	102 162	70 849	137 601	211 373	199 717
Net Assets Liabilities Including Pension Asset Liability	67 256	56 590	152 115	232 854
Property Plant Equipment				32 213	14 713	22 502	16 502	26 948	28 022	42 082	80 766
Stocks Inventory	16 914	25 091	26 231	31 512
Tangible Fixed Assets	41 250	50 776	30 352	32 213
Total Inventories				31 512	31 751	36 600	33 300	28 320	51 229	36 240	94 491	136 996

Capital & Reserves
Called Up Share Capital	103	103	103	103
Profit Loss Account Reserve	62 131	51 465	146 990	227 729
Shareholder Funds	67 256	56 590	152 115	232 854

Other Financial Data
Amount Specific Advance Or Credit Directors				9 852	9 882	24 238
Amount Specific Advance Or Credit Made In Period Directors					724	34 900
Amount Specific Advance Or Credit Repaid In Period Directors					754	780	24 238
Accumulated Depreciation Impairment Property Plant Equipment				120 408	138 994	148 502	80 688	97 438	114 236	107 315	92 387	99 268
Average Number Employees During Period					11	10	8	8	8	10	10	12
Capital Redemption Reserve	1	1	1	1
Creditors				277 850	283 887	9 455	6 017	15 629	8 929	4 808	18 271	352 879
Creditors Due Within One Year	394 426	435 940	335 396	277 850
Disposals Decrease In Depreciation Impairment Property Plant Equipment							77 776			27 893	46 992	40 229
Disposals Property Plant Equipment							77 867			28 043	62 524	51 289
Finance Lease Liabilities Present Value Total											18 271	14 759
Future Minimum Lease Payments Under Non-cancellable Operating Leases											4 550	11 000
Increase From Depreciation Charge For Year Property Plant Equipment					18 586	9 508	9 962	16 750	16 798	20 972	32 064	47 110
Net Current Assets Liabilities	30 256	13 023	125 123	204 590	237 141	309 966	79 793	94 825	56 011	107 317	160 734	134 062
Number Shares Allotted		3	3	3
Number Shares Issued Fully Paid					3
Par Value Share		1	1	1	1
Property Plant Equipment Gross Cost				152 621	153 707	171 004	97 190	124 386	142 258	149 397	173 153	198 544
Provisions For Liabilities Balance Sheet Subtotal				3 949	649		280	3 982	4 255	6 990	11 856	18 862
Provisions For Liabilities Charges	4 250	7 209	3 360	3 949
Share Capital Allotted Called Up Paid	3	3	3	3
Share Premium Account	5 021	5 021	5 021	5 021
Tangible Fixed Assets Additions		39 132	2 100	17 565
Tangible Fixed Assets Cost Or Valuation	141 617	152 126	135 056	152 621
Tangible Fixed Assets Depreciation	100 367	101 350	104 704	120 408
Tangible Fixed Assets Depreciation Charged In Period		25 667	22 524	15 704
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		24 684	19 170
Tangible Fixed Assets Disposals		28 623	19 170
Total Additions Including From Business Combinations Property Plant Equipment					1 086	17 297	4 053	27 196	17 872	35 182	86 280	76 680
Total Assets Less Current Liabilities	71 506	63 799	155 475	236 803	251 854	332 468	96 295	121 773	84 033	149 399	241 500	233 338