STANNAH STAIRLIFTS LIMITED

1. STANNAH STAIRLIFTS LIMITED 1988-11-25 → present
2. STANNAH DOMESTIC LIFTS LIMITED 1988-10-05 → 1988-11-25
3. STANNAH LIFTS (DOMESTIC PRODUCTS) LIMITED 1981-12-31 → 1988-10-05
4. STANNAH DOMESTIC SERVICES LIMITED 1980-12-31 → 1981-12-31
5. WESSEX FARM TRAILERS LIMITED 1979-12-31 → 1980-12-31
6. PARSONHILL LIMITED 1978-11-23 → 1979-12-31

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements are prepared on a going concern basis which assumes that the company will continue to trade. The basis of this assumption depends on the support of the parent company Stannah Lifts Holdings Limited. The parent company has indicated that it intends to provide funds as necessary for the company to trade for the foreseeable future. Auditors concluded that the directors' use of the going concern basis of accounting is appropriate and no material uncertainties exist.”

Significant events

• “The board aims to achieve sales growth across all revenue streams in line with group targets. The company continues to develop and expand the range of products and services it provides to customers.”
• “Geopolitical uncertainties, supply chain disruptions, the risk of high inflation, and the threat of recession are likely to contribute to a global economic slowdown, reducing consumer confidence and demand.”
• “The introduction and unpredictability of global tariffs on key components and markets could lead to an increase in costs and competition both in the UK and overseas.”
• “reducing the carbon footprint of our fleet - as this is where we have the biggest impact on the environment.”
• “adjusting our manufacturing processes and packaging materials to not only allow us to recycle more but also to reduce bulk, thereby increasing the number of units on our transporters and cutting the number of trips and fuel required.”
• “reducing all our waste to landfill across the business by continually improving our practices continues to be a priority.”
• “The business continues to invest in research and development for both existing and new products, during the year the business invested £4.7m (2023: £3.9m) in this area.”
• “In 2024 the business moved into a new purpose built building which is largely powered by over 1,100 solar panels which create fully green electricity.”
• “The cost of living crisis is a cause of uncertainty for the company with upward cost pressures along with affordability for customers.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +1.2%

  £130,401,000 → £131,993,000

• Cash

  -28.3%

  £6,212,000 → £4,455,000

• Net assets

  +3.3%

  £20,708,000 → £21,382,000

• Employees

  +3.2%

  726 → 749

• Operating profit

  +6.2%

  £6,036,000 → £6,408,000

• Profit before tax

  +6.2%

  £6,036,000 → £6,408,000

• Wages

  +4.9%

  £26,810,000 → £28,122,000

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