CLASSIC LIFTS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-15 (in 1y)
Last made up 2026-05-01
Watchouts
Cash
£2M
+28.7% vs 2023
Net assets
£1M
-11% lowest in 5 filed years
Employees
294
+21% highest in 5 filed years
Profit before tax
£2M
+69.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation
- CLASSIC LIFTS LTD 1991-07-01 → present
- DAVID G. BALL LIFT CONSULTANCY LIMITED 1990-06-18 → 1991-07-01
- MONOCLASS LIMITED 1990-03-30 → 1990-06-18
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | £18,196,502 | £24,075,118 | £30,540,898 | £36,626,635 | £40,963,786 | |
| Operating profit | £1,941,934 | £2,443,565 | £2,761,468 | £1,275,822 | £2,144,281 | |
| Profit before tax | £1,953,726 | £2,448,332 | £2,793,601 | £1,371,506 | £2,325,827 | |
| Net profit | — | — | — | £1,018,382 | £1,702,684 | |
| Cash | £6,300,649 | £6,311,634 | £2,353,874 | £1,834,697 | £2,361,275 | |
| Total assets less current liabilities | £2,786,268 | £4,029,508 | £3,667,685 | £1,337,836 | £1,158,263 | |
| Net assets | £2,758,982 | £4,003,639 | £3,633,043 | £1,301,425 | £1,158,263 | |
| Equity | £2,758,982 | £4,003,639 | £3,633,043 | £1,301,425 | £1,158,263 | |
| Average employees | 165 | 172 | 200 | 243 | 294 | |
| Wages | £6,155,592 | £7,052,373 | £8,612,195 | £10,302,707 | £13,410,510 |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 10.7% | 10.1% | 9.0% | 3.5% | 5.2% | |
| Net margin | — | — | — | 2.8% | 4.2% | |
| Return on capital employed | 69.7% | 60.6% | 75.3% | 95.4% | 185.1% | |
| Current ratio | — | — | — | 1.10x | 1.08x | |
| Interest cover | 24896.59x | 12531.10x | — | 2609.04x | 4403.04x |
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
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' 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 financial statements are authorised for issue.”
Significant events
- “The immediate parent company (Raveningham Holdings Limited) successfully completed the acquisition of Kent Lift Services Limited on 30 September 2024. This was a strategic acquisition to expand the activities of the group in existing geographic regions. The activities, suppliers and customers of Kent Lift Services Limited were transferred across to Classic Lifts Ltd in November 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARVEY, Lindsay Eric | Director | 2023-12-14 | Jun 1953 | British |
| LOWE, Charles Richard | Director | 2023-12-14 | Jan 1984 | British |
| SHEEHAN, Kerry | Director | 2025-09-30 | Feb 1969 | British,Irish |
| TAYLOR, Jonathan | Director | 2025-09-30 | Jul 1990 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALL, Edith Patricia | Secretary | — | 2010-08-27 |
| BALL, David George | Director | — | 2010-08-27 |
| BALL, Edith Patricia | Director | 1993-05-28 | 2010-08-27 |
| BALL, Ian George Thomas | Director | 2007-05-21 | 2010-08-27 |
| CRANE, Adrian John | Director | 2020-02-24 | 2025-09-01 |
| EMSLEY, Andrew David | Director | 2010-08-27 | 2019-06-04 |
| GLEAVE, Marcus George | Director | 2023-12-14 | 2025-09-30 |
| SHAW, Andrew | Director | 2014-03-21 | 2025-12-31 |
| SNOW, Ian | Director | 2010-08-27 | 2022-12-29 |
| SNOW, Keith | Director | 2010-08-27 | 2024-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Raveningham Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 141 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-18 MA Memorandum articles
- 2024-06-18 RESOLUTIONS Resolution
- 2024-06-17 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-05-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2024-06-18 | MA | incorporation | Memorandum articles | |
| 2024-06-18 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-17 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-06-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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
+11.8%
£36,626,635 £40,963,786
highest in 5 filed years
-
Cash
+28.7%
£1,834,697 £2,361,275
-
Net assets
-11%
£1,301,425 £1,158,263
lowest in 5 filed years
-
Employees
+21%
243 294
highest in 5 filed years
-
Operating profit
+68.1%
£1,275,822 £2,144,281
-
Profit before tax
+69.6%
£1,371,506 £2,325,827
-
Wages
+30.2%
£10,302,707 £13,410,510
highest in 5 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers