KITO CROSBY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-18 (in 5mo)
Last made up 2025-10-04
Watchouts
Cash
£2M
-76.1% vs 2023
Net assets
£648M
+0.4% vs 2023
Employees
—
Average over period
Profit before tax
-£3M
-534.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
However, given that the Company is included in the sale transaction outlined in note 13 below, there is an uncertainty around the intentions of future management, including the amount of support, if any, the Company would receive from its new parent, Columbus McKinnon Corporation, or if the Company will continue to fulfil its current role in a similar legal structure. These conditions constitute a material uncertainty related to going concern such that the Company may be unable to realise its assets and discharge its liabilities in the normal course of business.
Name history
Renamed 4 times since incorporation
- KITO CROSBY LIMITED 2023-03-10 → present
- LIFTING HOLDINGS LIMITED 2022-04-14 → 2023-03-10
- CROSBY WORLDWIDE LIMITED 2013-10-22 → 2022-04-14
- ASCEND ACQUISITION LIMITED 2013-10-11 → 2013-10-22
- OLIVER BIDCO LIMITED 2013-10-04 → 2013-10-11
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 | — | — | |
| Operating profit | -£437,361 | -£2,774,648 | |
| Profit before tax | -£437,361 | -£2,774,648 | |
| Net profit | -£437,361 | -£2,774,648 | |
| Cash | £9,743,514 | £2,324,685 | |
| Total assets less current liabilities | — | — | |
| Net assets | £645,529,281 | £647,846,553 | |
| Equity | £645,529,281 | £647,846,553 | |
| Average employees | — | — | |
| Wages | — | — |
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
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“However, given that the Company is included in the sale transaction outlined in note 13 below, there is an uncertainty around the intentions of future management, including the amount of support, if any, the Company would receive from its new parent, Columbus McKinnon Corporation, or if the Company will continue to fulfil its current role in a similar legal structure. These conditions constitute a material uncertainty related to going concern such that the Company may be unable to realise its assets and discharge its liabilities in the normal course of business.”
Group structure
- KITO CROSBY LIMITED · parent
- Crosby UK Acquisition Limited 100%
- Kito Global Finance Limited 100%
- Crosby US Acquisition Corp. 100%
- Lifting Holdings BidCo, Inc. 100%
- Certex France S.a.r.l. 100%
- Crosby Premier Stampings Limited 100%
- Crosby Germany GmbH 100%
- Forge France SAS 100%
- GJC Investments Inc. 100%
- Griffon Acquisition AB 100%
- Gunnebo Anja Industrier AS 100%
- Gunnebo Industrier AB (GIAB) 100%
- Gunnebo Industrier Group AB (GIGAB) 100%
- Gunnebo Industrier Holding AB (GIHAB) 100%
- Gunnebo Industries Holding AS 100%
- Gunnebo Industries Hong Kong Ltd. 100%
- Gunnebo Industries Inc. 100%
- The Crosby Group UK Limited 100%
- Gunnebo Industries Ltd. 100%
- Gunnebo Industries Produtos Para Movimentacao de Cargas Ltda 100%
- Gunnebo Industries Pty Ltd. 100%
- Gunnebo Industries Sp.z.o.,o 100%
- Inter Product B.V. 100%
- Parsons Chaine Europe SAS 100%
- Rhombus Rollen GmbH & Co. 100%
- Rhombus Rollen Verwaltungsgesellschaft mbH 100%
- Straightpoint UK Limited 100%
- Verton Technologies Australia Pty Ltd 30%
- Verton holdings Pty Ltd 30%
- Verton Australia Pty Ltd 30%
- Verton Europe B.V. 30%
- Verton Technologies UK Ltd 30%
- Verton IP Pty Ltd 30%
- Verton North America Inc. 30%
- Blokcorp Ltd 100%
- Airpes Sistemas Integrales de Manutencion y Pesaje, S.L. 100%
- Eepos GmbH 100%
- Eepos Beteiligung GmbH 100%
- Eepos Hungary 100%
- Eepos France S.A.S. 100%
- Eepos Turkey 100%
- Eepos Spain 100%
- Eepos South Africa 51%
- Eepos Shanghai 50%
- Eepos Asia Holding Co 50%
- Eepos Shenzhen 50%
- Eepos Shanghai Intelligent Equipment 24.5%
- Eepos India 100%
- Eepos Mexico 100%
- Eepos Brazil 100%
- Eepos US 100%
- FKI Industries, Inc. 100%
- ACCO Material Handling Solutions, Inc. 100%
- Amdura LLC 100%
- FKI Hardware, Inc. 100%
- Babcock Industries Inc. 100%
- The Crosby Group Manufacturing LLC 100%
- Crosby Investment Inc. 100%
- The Crosby Group LLC 100%
- Crosby Europe NV 100%
- Crosby APAC Pte. Ltd. 100%
- Kito Crosby Canada Inc. 100%
- KITO Corporation 100%
- KITO Hoists & Cranes (Shanghai) Co. Ltd 100%
- Jiangyin KITO Crane Co., Ltd 100%
- KITO Australia Pty Ltd 100%
- Anchor Nominees Pty Ltd 100%
- PWB Anchor Limited 100%
- KITO Americas, Inc. 100%
- Harrington Hoists, Inc. 100%
- Peerless Industrial Group, Inc. 100%
- Peerless Chain Company, Inc. 100%
- SCC Japan Godo Kaisha 100%
- KITO do Brasil Comercio de Talhas e Guindastes Ltda 100%
- Fall Safe On Line, LDA 100%
- KITO Europe GmbH 100%
- Van Leusden Nederland B.V. 100%
- Van Leusden B.V. 100%
- Erikkila OY 100%
- KITO Chain Italia SRL 100%
- KITO Heat and Surface Treatment S.r.l. 100%
- KITO Korea Co., Ltd 93.3%
- KITO Taiwan Co., Ltd 55%
- Sukit Business Co. Ltd 49%
- Siam KITO Co., Ltd 80%
- KITO Hoists & Crane Asia Pte Ltd 100%
- KITO India Private Limited 100%
- KITO Hoist Thai Co., Ltd 100%
- PT KITO Indonesia 100%
Significant events
- “On February 10, 2025, the immediate parent company of Kito Crosby Limited, Ascend Overseas limited, signed a definitive agreement with Columbus McKinnon Corporation to acquire Kito Crosby Limited and all its subsidiaries for an all cash transaction valued at $2.7 billion subject to customary post-closing and purchase price adjustments.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2024-06-25 | — | — |
| ANDRESKY, Christa | Director | 2023-07-24 | Jan 1968 | American |
| BRAHM, Brandon Francis | Director | 2013-10-09 | May 1984 | American |
| DESEL, Robert Engelhart | Director | 2019-08-13 | Oct 1967 | American |
| HUNTER, Edward William, Mr. | Director | 2023-01-30 | Jul 1965 | American |
| KASSLING, William, Mr. | Director | 2023-01-30 | Jan 1944 | American |
| KITO, Yoshio | Director | 2023-01-30 | Jun 1963 | Japanese |
| LAYNE, Kevin | Director | 2023-01-30 | Dec 1958 | American |
| STOUT, Eric Christopher, Mr. | Director | 2023-01-30 | May 1991 | American |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| VISTRA COMPANY SECRETARIES LIMITED | Corporate Secretary | 2013-12-18 | 2024-06-01 |
| DAVIES, Robert Wallace | Director | 2019-03-18 | 2019-06-28 |
| GORDON, Gavin James | Director | 2013-10-04 | 2013-10-09 |
| JANETSCHEK JR., William Joseph | Director | 2013-10-09 | 2013-11-21 |
| KNUDSON, Jared Anthony | Director | 2016-06-01 | 2018-12-17 |
| STAVROS, Peter Max | Director | 2013-10-09 | 2022-11-10 |
| STRUTHERS, Jason | Director | 2013-11-21 | 2016-06-01 |
| TRAN-OLMSTED, Megan | Director | 2023-01-30 | 2023-07-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ascend Overseas Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 385 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-02 | AA | accounts | Accounts with accounts type full | |
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-10 | SH08 | capital | Capital name of class of shares | |
| 2025-10-09 | CH01 | officers | Change person director company with change date | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-06 | SH01 | capital | Capital allotment shares | |
| 2025-09-25 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-09-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-09-04 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-02-19 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-02-19 | SH03 | capital | Capital return purchase own shares treasury capital date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- Capital events
- 10
- Officers appointed
- 0
- Officers resigned
- 0
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
—
Not reported
-
Cash
-76.1%
£9,743,514 £2,324,685
-
Net assets
+0.4%
£645,529,281 £647,846,553
-
Employees
—
Not reported
-
Operating profit
-534.4%
-£437,361 -£2,774,648
-
Profit before tax
-534.4%
-£437,361 -£2,774,648
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