Elevation Marketplace Services Limited

Elevation Marketplace Services Ltd, based in Oswestry, UK, is a small, family-run holding company with an active status. Founded four years ago in July 2020, the company employs 37 people and holds £176,774 in assets. It’s managed by two directors and owned by three individuals, with a real address registered at Rose Cottage, Bronygarth.

The company’s website highlights its services for Amazon sellers and vendors, offering fulfilment, operations, and marketplace strategy support. It emphasizes a cost-effective approach to boosting Amazon sales, enabling businesses to choose from a range of services or allow Elevation Marketplace Services to fully steer their strategy. Testimonials from clients praise the company's expertise, knowledge, and ability to grow online business, particularly in sectors where clients previously lacked experience. The website also promotes its ability to pack and deliver large amounts of products quickly and efficiently.

Financially, Elevation Marketplace Services Ltd presents a mixed picture. While current assets increased by 10% to £180,000, equity took a significant hit, decreasing by 72% to -£22,000. Bank borrowings increased, and cash reserves fell by 60% to £1,600. Creditors decreased by 24%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity decline raises concerns. The company is exempt from an audit, so the figures are unaudited.

The decline in equity, combined with reduced cash reserves, suggests Elevation Marketplace Services Ltd may be burning through money. While the company’s services appear to be well-received, it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 12756762, with a registered address at SY10 7ND, United Kingdom, Oswestry, Shropshire, Rose Cottage, Bronygarth.

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