Element Replacement Limited

Element Replacement Limited is a small, active company based in Liverpool, UK, founded twelve years ago in 2013. With £78,912 in assets and a real address at 56 Higher Road, it’s a family-run business employing four people and overseen by three directors and two owners. The company operates an e-commerce site specializing in cooker and oven element replacements.

The website, elerep.co.uk, highlights the company's expertise in heating elements for cookers and ovens, offering a wide range of parts for various makes and models. They boast over 40 years of combined experience among their maintenance engineers, providing advice and after-sales care. The site emphasizes a personal, dedicated customer service experience and a family-run business ethos. They also offer a blog with helpful information and a 12-month guarantee on non-budget parts.

Financially, Element Replacement Limited shows a mixed picture. Current assets have fallen by nearly half, dropping to £79,000, while net assets have also decreased significantly, reaching £57,000. Cash reserves have taken a hit, falling by 26% to £44,000. Debtors have plummeted by a staggering 72%, suggesting a potential issue with collecting payments, or perhaps a shift in business practices. Creditors have also decreased, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in assets is noticeable. No auditor is mentioned, which is common for small, exempt companies.

Overall, Element Replacement Limited appears to be navigating a period of change. While the e-commerce side seems active and focused on customer service, the financial data suggests a need for careful management. The company’s long-standing experience and family-run nature could be strengths in a competitive market, but the recent financial trends warrant close attention.

Registered in England/Wales under the registration number 08396014, with a registered address at L25 0QQ, United Kingdom, Liverpool, Merseyside, 56 Higher Road.

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