Elevate Products Limited

Elevate Products Ltd from Walsall UK: a small holding company with an active status, was founded 77 years ago in 77 years. The company employs three people and operates from a real address, managed by five directors and one owner. It regularly imports basic metal tools and utensils (7 months) and exports machinery, boilers, and mechanical appliances; parts (12 months).

The company’s core business revolves around supplying roofing tools and accessories, as evidenced by its website. Elevate Products Ltd caters to both trade professionals and DIY enthusiasts, offering a wide range of products including slating, tiling, lead, and glazing tools, as well as decking supports and roof drainage solutions. The website also highlights a partnership with Areco Ltd for roof edge trims, suggesting a broader network of suppliers and distributors. The company's online presence showcases a commitment to quality and customer service, with a focus on competitive pricing and fast delivery.

However, a review of the company’s financial data reveals a concerning trend. While the company’s turnover is not mentioned, net assets have plummeted by 100%, falling to zero. Bank borrowings have also vanished, and cash reserves have disappeared entirely. Trade debtors have increased significantly, and creditors have also decreased, suggesting potential issues with cash flow and debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the sharp decline in equity raises questions about its financial stability. No auditor is mentioned, likely due to its small size, meaning the figures are unaudited.

In conclusion, Elevate Products Ltd appears to be facing financial headwinds despite its long-standing presence and specialized product range. The company’s reliance on imports and exports, combined with the challenges of a competitive market, may be contributing to its financial difficulties. While its website suggests a focus on quality and customer service, the company will need to address its financial issues to ensure its long-term survival.

Registered in England/Wales under the registration number 00445653, with a registered address at WS9 8DJ, Walsall, West Midlands, Westgate,, Aldridge,.

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