Elevate Workspaces Ltd

Elevate Workspaces Ltd from St. Helens UK: a small company, holding company, and active status, has been operating for 93 years. With 20 employees and £3,056,448 in assets, it's a well-established player. The company is managed by two directors and one owner, and it has a real address. Elevate Workspaces Ltd regularly imports and exports furniture, lighting, and prefabricated buildings—183 months of exports and 212 months of imports recorded.

The company operates in the other retail sale not in stores, stalls or markets industries. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company is a holding company, and its status is active.

While the website is not available, the financial data paints a mixed picture. Current assets have increased by a substantial 65%, reaching £3.1 million, and net assets have increased by 330%, reaching £140,000. However, bank borrowings have remained stable, and cash reserves have increased by 260%, reaching £200,000. Trade debtors have increased by 87%, suggesting a possible reliance on customer payments. Creditors have also increased by 72%, which could be due to increased purchasing. The company’s net loss has increased by 640%, reaching £95,000, which is a significant amount.

The company’s assets have decreased by 41%, reaching £120,000. This could be due to depreciation or asset sales. The company’s retained earnings have increased by 330%, reaching £140,000. This could be due to increased profitability.

The company’s financial data suggests that it is facing some challenges. However, it is also showing signs of growth. The company’s increased assets and net assets are positive signs. The company’s increased net loss is a concern.

The company’s small size helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Registered in England/Wales under the registration number 00257489, with a registered address at WA11 9UX, England, St. Helens, Unit N2, Haydock Cross Kilbuck Lane, Haydock.

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