Apex Lift & Escalator Engineers Limited

Apex Lift & Escalator Engineers Ltd, based in Bexleyheath, UK, is a sizable company with a history spanning 51 years. Employing 113 people, it holds assets of £10,906,992 and generates annual revenue of £23,200,642. The company, a holding company with an active status, is overseen by five directors and one owner. It maintains a real address and boasts a 2.0 Google rating from 55 reviews, indicating room for improvement in customer perception. Apex Lift & Escalator Engineers regularly imports machinery, boilers, and mechanical appliances, with 17 months of import activity recorded, the latest in January 2025.

The company’s website showcases a comprehensive range of lift and escalator services, from maintenance and repairs to modernization and new installations. It caters to both commercial and residential clients, offering a variety of lift types including passenger, goods, service, scenic, and vehicle lifts. The website highlights its experience, friendly service, and dedication to customer satisfaction. It even features a Royal Warrant from His Majesty The King, adding to its prestige. The company operates throughout London, the South East, and neighboring Home Counties.

Financially, Apex Lift & Escalator Engineers Ltd presents a mixed picture. While turnover remained relatively stable, net assets decreased by 25%, falling to £6,700,000. Bank borrowings increased by a significant 2,400%, reaching £29,000, and cash reserves dropped 78%, leaving just £1,800,000. Creditors, however, decreased by 9.5%, suggesting better management of short-term debts. The company meets two of three criteria to be classified as large, with turnover over £36 million, balance sheet over £18 million, and over 250 employees. The lack of a mention of an auditor suggests it’s exempt from an audit. The sharp decline in cash reserves and increased borrowings are concerning, potentially indicating increased operating expenses or investments in growth. The company’s continued focus on high-quality service and its Royal Warrant, however, suggest a commitment to maintaining its reputation and attracting customers.

Registered in England/Wales under the registration number 01129631, with a registered address at DA6 7BH, England, Bexleyheath, Kent, Art's House, Banks Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.