Elevation Property Limited

Elevation Property Limited, based in London, UK, is a small, active company founded 25 years ago. With a single employee and £9,326 in assets, it operates from a virtual address – a detail flagged by the fact 161 companies share the same location. The company is led by two directors and owned by Jepp Nicholas, who also acts as a solo founder. It maintains a respectable Google rating of 4.0 based on 364 reviews. Elevation Property Limited is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with the last import operation occurring two months ago.

The company’s website positions it as a local independent property expert in Milton Keynes, offering services including buying, selling, letting, new homes, land, and shared ownership. It operates as an estate agent, with a focus on residential properties and new builds, and even offers services for developers and investors. The site features listings for properties for sale and rent, alongside a blog offering advice on buying and selling homes. It also provides mortgage advice and property valuation services.

Financially, Elevation Property Limited's recent performance shows a mixed picture. Cash bank on hand remained steady at £10,000, but current assets decreased by 25% to £9,300. Trade debtors increased significantly by 310%, reaching £9,300, while creditors decreased by 66%, falling to £10,000. The company’s equity increased slightly to £500,000, but net losses deepened. Staff costs remained consistent at £9,100. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company. The company’s growth in debtors suggests a possible shift in credit terms or delayed payments, while the reduction in creditors points to better debt management.

Registered in England/Wales under the registration number 03955435, with a registered address at NW3 5JS, London, Regina House, 124 Finchley Road.

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