LIFTING GEAR & SAFETY LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -3.5%

  £9,214,403 → £8,893,143

• Cash

  -90.8%

  £1,274,115 → £117,025

  lowest in 4 filed years

• Net assets

  -18.7%

  £3,404,975 → £2,767,785

  lowest in 4 filed years

• Employees

  +3.2%

  62 → 64

• Operating profit

  -7.1%

  £1,021,441 → £949,391

• Profit before tax

  -15.8%

  £1,111,555 → £935,465

• Wages

  -2.1%

  £2,109,471 → £2,065,924

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. LIFTING GEAR & SAFETY LIMITED 2012-04-17 → present
2. LIFTING GEAR & SAFETY (BRISTOL) LIMITED 2009-05-20 → 2012-04-17
3. LGS (SW) LIMITED 2009-04-29 → 2009-05-20

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Rödl & Partner Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Significant events

• “In January 2023, Lifting Gear & Safety Limited became part of the Axel Johnson Group, they have added to the financial and operational stability of the business.”
• “On the 13th March 2025, the Board of Directors of the Company authorised by a written resolution, based on a review of the Annual Accounts for the year ended 31st December 2024, a dividend declaration for the value equivalent of £1,338,000, and it was fully paid on the 30th May 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.