VERSALIFT UNITED KINGDOM LIMITED
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Cash
£1.1M
+2.1% vs 2023
Net assets
£2M
-66.4% lowest in 4 filed years
Employees
125
-11.3% vs 2023
Profit before tax
-£4.1M
-94.9% lowest in 4 filed years
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £24,274,799 | £28,408,526 | £39,743,062 | £34,696,415 | -12.7% | |
| Operating profit | — | £1,079,739 | -£1,959,325 | -£3,846,740 | -96.3% | |
| Profit before tax | £1,665,993 | £1,088,892 | -£2,101,625 | -£4,095,534 | -94.9% | |
| Net profit | £1,378,556 | £669,772 | -£2,120,794 | -£3,877,827 | -82.8% | |
| Cash | £1,639,722 | £1,000,369 | £1,067,553 | £1,089,677 | +2.1% | |
| Total assets less current liabilities | £8,788,346 | £9,425,407 | £11,717,254 | £5,942,746 | -49.3% | |
| Net assets | £7,289,039 | £7,958,811 | £5,838,017 | £1,960,190 | -66.4% | |
| Equity | £7,289,039 | £7,958,811 | £5,838,017 | £1,960,190 | -66.4% | |
| Average employees | 103 | 113 | 141 | 125 | -11.3% | |
| Wages | — | £3,613,095 | £4,968,737 | £5,217,278 | +5% | |
| Directors' remuneration | — | £382,176 | £221,111 | £144,743 | -34.5% |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | 3.8% | -4.9% | -11.1% | |
| Net margin | 5.7% | 2.4% | -5.3% | -11.2% | |
| Return on capital employed | — | 11.5% | -16.7% | -64.7% | |
| Current ratio | — | — | 1.64x | 1.23x | |
| Interest cover | — | — | -12.06x | -11.58x |
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 2 times since incorporation
- VERSALIFT UNITED KINGDOM LIMITED 2019-05-10 → present
- VERSALIFT DISTRIBUTORS (U.K.) LIMITED 1994-03-01 → 2019-05-10
- TITLEGOLD LIMITED 1994-01-17 → 1994-03-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors confirms that, having reviewed the Company's cash requirements for the next 12 months, they have formed a judgement that adequate resources will be available to continue operations. The directors have reviewed forecasts for 2025 and 2026, cashflow projections, contingency planning and banking facilities. The Company remains dependent on financial support from its ultimate parent, Time Manufacturing Holdings LLC, who have confirmed their intention to provide sufficient financial support and other resources.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE MENEZES, Rafael Perrone Bezerra | Director | 2025-07-01 | Mar 1981 | Italian |
| RARIY, Roman Valerievich | Director | 2024-01-02 | Sep 1971 | Russian |
| RODELBRONN, Gerd | Director | 2025-11-10 | Dec 1970 | German |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FARRELL, Eamon Patrick | Secretary | 1994-02-16 | 2014-05-20 |
| MAHON, Ciaran, Mr. | Secretary | 2014-05-20 | 2016-04-29 |
| SHAW, Siobhan Anne, Ms. | Secretary | 2016-04-29 | 2017-02-01 |
| BRIGHTON SECRETARY LIMITED | Corporate Nominee Secretary | 1994-01-17 | 1994-02-16 |
| BRAY, Andrew David | Director | 2015-03-30 | 2024-07-03 |
| BURDEN, Daniel John | Director | 2024-07-03 | 2025-06-18 |
| BURNETT, Cameron David William | Director | 2014-09-01 | 2017-08-31 |
| COLEMAN, Tony | Director | 1994-02-16 | 2005-01-17 |
| COULING, Stephen | Director | 2005-01-21 | 2014-08-31 |
| HOWELL, Curt | Director | 2017-11-13 | 2024-01-02 |
| JEFFREY, Jay | Director | 2017-11-13 | 2025-04-09 |
| JENSEN, Kim | Director | 2017-11-13 | 2024-04-03 |
| MAHON, Ciaran | Director | 2000-03-01 | 2017-02-01 |
| O FLAHERTY, Nigel | Director | 1994-02-16 | 2016-07-09 |
| O'FLAHERTY, Stephen | Director | 2012-03-01 | 2017-02-01 |
| O`DOWD, Thomas | Director | 1994-02-16 | 2016-04-29 |
| RYAN, Dermod Joseph | Director | 1994-02-16 | 1999-12-11 |
| BRIGHTON DIRECTOR LIMITED | Corporate Nominee Director | 1994-01-17 | 1994-02-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Time Manufacturing Acquisition (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-02-03 | Active |
| O'Flaherty Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-02-03 |
Filing timeline
Last 20 of 127 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | AA | accounts | Accounts with accounts type full | |
| 2026-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-27 | AA | accounts | Accounts with accounts type full | |
| 2024-07-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-12 | AA | accounts | Accounts with accounts type full | |
| 2022-06-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- 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.