City Lifting

City Lifting originally started as a tower crane hire company in 1981 with 2 second hand cranes. From our yard in Mundon, Essex we now operate a fleet of about 100 cranes. The fleet consists of Flat top cranes from Comansa, luffing jib cranes from Wolff and Raimondi and articulated cranes from Artic Crane. We pride ourselves in giving an excellent service including; Very good crane and driver reliability Erection and Dismantling of cranes on time Fast efficient cranes Regular servicing carried out by our own technicians.
Company Growth (employees)
Type
Private
HQ
Aveley, GB
Founded
1981
Size (employees)
10 (est)
City Lifting was founded in 1981 and is headquartered in Aveley, GB

City Lifting Office Locations

City Lifting has an office in Aveley
Aveley, GB (HQ)
Purfleet Industrial Park London Rd

City Lifting Metrics

Summary Metrics

Founding Date

1981

City Lifting Financial Metrics

City Lifting's revenue was reported to be £19.2 m in FY, 2016 which is a 21% increase from the previous period.

Revenue (FY, 2016)

£19.2 m

Revenue growth (FY, 2015 - FY, 2016), %

21%

Gross profit (FY, 2016)

£6.3 m

Gross profit margin (FY, 2016), %

33%

Net income (FY, 2016)

£1.5 m

Cash (31-Mar-2016)

£198.2 k
FY, 2014FY, 2015FY, 2016

Revenue

£12.8 m£15.9 m£19.2 m

Revenue growth, %

24%21%

Cost of goods sold

£8.2 m£10.6 m£12.9 m

Gross profit

£4.6 m£5.2 m£6.3 m

Gross profit Margin, %

36%33%33%

Operating expense total

£2.6 m£2.9 m£3.6 m

Pre tax profit

£1.2 m£1.4 m£1.8 m

Net Income

£976 k£1.1 m£1.5 m
FY, 2014FY, 2015FY, 2016

Cash

£260.8 k£127.7 k£198.2 k

Accounts Receivable

£3.2 m£3.8 m£4.9 m

Current Assets

£3.4 m£4 m£5.1 m

PP&E

£13.3 m£16.6 m£21.7 m

Total Assets

£16.7 m£20.6 m£26.8 m

Accounts Payable

£593.8 k£660.2 k£912.9 k

Current Liabilities

£6.4 m£7.7 m£9.9 m

Retained Earnings

£976 k£1 m£1.3 m

Total Equity

£4.5 m£5.5 m£6.8 m

Financial Leverage

3.7 x3.8 x3.9 x
FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

£3.6 m£4.3 m£5.1 m

Cash From Financing Activities

(£2.9 m)£2.1 m£4.1 m

Income Taxes Paid

(£226.6 k)(£245.8 k)(£326.2 k)
Y, 2016

Financial Leverage

3.9 x

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City Lifting Company Life

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