NIFTYLIFT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-21 (this month)
Last made up 2025-05-07
Watchouts
None on the register
Cash
£14M
+53.6% vs 2023
Net assets
£80M
+11.6% vs 2023
Employees
656
-1.4% vs 2023
Profit before tax
£9M
+29.4% vs 2023
Name history
Renamed 2 times since incorporation
- NIFTYLIFT LIMITED 1982-07-21 → present
- F.R.B. PLATFORMS LIMITED 1976-12-31 → 1982-07-21
- LEPAXI LIMITED 1976-06-21 → 1976-12-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £174,516,000 | £174,113,000 | |
| Operating profit | £7,712,000 | £9,469,000 | |
| Profit before tax | £7,090,000 | £9,173,000 | |
| Net profit | £4,961,000 | £7,519,000 | |
| Cash | £9,083,000 | £13,955,000 | |
| Total assets less current liabilities | £76,612,000 | £82,130,000 | |
| Net assets | £71,924,000 | £80,271,000 | |
| Equity | £71,924,000 | £80,271,000 | |
| Average employees | 665 | 656 | |
| Wages | £28,342,000 | £28,360,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.4% | 5.4% | |
| Net margin | 2.8% | 4.3% | |
| Return on capital employed | 10.1% | 11.5% | |
| Current ratio | 2.32x | 3.62x | |
| Interest cover | 11.29x | 25.59x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Since the Balance Sheet date, the Group has generated a positive operating cash flow and the Group has continued to be profitable. The Directors have reviewed their current order book, the order run rate and rate of order fulfilment, alongside results achieved during the year and after the year end. On the basis of this review, the Directors consider that they have a reasonable expectation that the Group will be able to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- NIFTYLIFT LIMITED · parent
- Niftylift Inc 100%
- Niftylift BV 100%
- Niftylift Middle East Trading L.L.C 100%
Significant events
- “There have been no significant events affecting the Group since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GILL, Sukraj | Secretary | 2026-04-02 | — | — |
| BECKWITH, Steven Douglas | Director | 2010-01-15 | Aug 1968 | British |
| BOWDEN, Frank Roger | Director | — | Sep 1947 | British |
| KEELY, John Phillip | Director | — | Aug 1960 | British |
| REDDING, Steven Alan | Director | 2010-01-15 | Aug 1969 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEADLE, Simon Mark | Secretary | 2010-01-15 | 2026-04-02 |
| BOWDEN, Frank Roger | Secretary | — | 2010-01-15 |
| BEADLE, Simon Mark | Director | 2010-01-15 | 2026-04-02 |
| BOWDEN, Thomas Frank | Director | — | 2003-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Frb Developments Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2020-03-13 | Active |
| Mr Frank Roger Bowden | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 140 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type group | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-07 | AA | accounts | Accounts with accounts type group | |
| 2024-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-07 | AA | accounts | Accounts with accounts type group | |
| 2023-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type group | |
| 2022-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type group | |
| 2021-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-01 | AA | accounts | Accounts with accounts type group | |
| 2020-05-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-03-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-03-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2019-10-01 | AA | accounts | Accounts with accounts type group | |
| 2019-09-16 | MR05 | mortgage | Mortgage charge whole cease with charge number | |
| 2019-09-13 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-0.2%
£174,516,000 £174,113,000
-
Cash
+53.6%
£9,083,000 £13,955,000
-
Net assets
+11.6%
£71,924,000 £80,271,000
-
Employees
-1.4%
665 656
-
Operating profit
+22.8%
£7,712,000 £9,469,000
-
Profit before tax
+29.4%
£7,090,000 £9,173,000
-
Wages
+0.1%
£28,342,000 £28,360,000
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