STANNAH LIFT SERVICES LIMITED
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Cash
£2.1m
-55.2% vs 2023
Net assets
£15m
-6.8% vs 2023
Employees
851
-0.5% vs 2023
Profit before tax
£3.2m
-31.9% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £130,183,000 | £138,785,000 | +6.6% | |
| Operating profit | £4,643,000 | £3,183,000 | -31.4% | |
| Profit before tax | £4,643,000 | £3,161,000 | -31.9% | |
| Net profit | £3,507,000 | £2,381,000 | -32.1% | |
| Cash | £4,592,000 | £2,058,000 | -55.2% | |
| Total assets less current liabilities | £26,249,000 | £25,864,000 | -1.5% | |
| Net assets | £16,370,000 | £15,251,000 | -6.8% | |
| Equity | £16,370,000 | £15,251,000 | -6.8% | |
| Average employees | 855 | 851 | -0.5% | |
| Wages | £37,097,000 | £39,456,000 | +6.4% | |
| Directors' remuneration | £720,000 | £401,000 | -44.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.6% | 2.3% | |
| Net margin | 2.7% | 1.7% | |
| Return on capital employed | 17.7% | 12.3% | |
| Gearing (liabilities / total assets) | 60.9% | 64.3% | |
| Current ratio | 2.24x | 2.07x |
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.
Name history
Renamed 3 times since incorporation
- STANNAH LIFT SERVICES LIMITED 1999-04-06 → present
- STANNAH LIMITED 1997-07-01 → 1999-04-06
- STANNAH LIFTS SERVICE LIMITED 1986-02-06 → 1997-07-01
- STANNAH LIFTS (LONDON) LIMITED 1974-11-07 → 1986-02-06
Audit & accounting basis
- 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. The auditor concluded that the directors' use of the going concern basis is appropriate, and no material uncertainties were identified.”
Significant events
- “Two reportable accidents in 2024 (2023: five), benefiting from corrective actions from previous incidents and increased near miss reporting.”
- “Energy consumption decreased in the year for both kilowatt hour (2.5%) and tonnes of carbon dioxide equivalent (2.4%) as the business starts to see the benefits of vehicle fleet electrification.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COVENEY, Deborah Lee | Secretary | 2006-12-15 | — | British |
| COVENEY, Deborah Lee | Director | 2006-12-15 | Mar 1968 | British |
| STANNAH, Alan Neil Russell | Director | — | Oct 1939 | British |
| STANNAH, Alastair David | Director | 2006-12-15 | Jun 1973 | British |
| STANNAH, Brian Leslie Russell | Director | — | Aug 1935 | British |
| STANNAH, Jonathan Neil | Director | 1997-07-01 | Nov 1965 | British |
| STANNAH, Nicholas David | Director | 2009-12-11 | Apr 1973 | British |
| STANNAH, Patrick Gordon | Director | 2002-09-02 | Sep 1969 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASH, Ian George Claudius | Secretary | — | 2006-12-15 |
| ASH, Ian George Claudius | Director | — | 2006-12-15 |
| LLOYD, Derek John | Director | — | 1997-07-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Stannah Lifts Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-12 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-06 | AA | accounts | Accounts with accounts type full | |
| 2022-10-27 | CH01 | officers | Change person director company with change date | |
| 2022-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-30 | AA | accounts | Accounts with accounts type full | |
| 2021-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-22 | AA | accounts | Accounts with accounts type full | |
| 2020-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-09 | AA | accounts | Accounts with accounts type full | |
| 2019-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-31 | CH01 | officers | Change person director company with change date | |
| 2019-06-17 | CH01 | officers | Change person director company with change date | |
| 2019-06-14 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.