Elevator Equipment Limited

Elevator Equipment Ltd from Leicester, UK, is a small, active company founded 23 years ago. Employing 25 people, it holds £2,783,331 in assets and operates from a virtual address, managed by one director and two owners. The company regularly imports electrical machinery and equipment (188 months), while also exporting machinery, boilers, and mechanical appliances (4 months).

The company’s website showcases a comprehensive range of lift equipment and spare parts, alongside a full electrical wholesale offering. From batteries and cables to tension weights and safety gear, the site caters to both lift maintenance professionals and electrical contractors. It even includes a section dedicated to LED lighting solutions for lift cars—a niche offering that highlights the company’s specialized expertise. The site’s emphasis on fast delivery and a dedicated sales team suggests a customer-focused approach.

Financially, Elevator Equipment Ltd presents a mixed picture. While net assets increased by 11% to £1,200,000, cash reserves rose by a significant 64% to £960,000. However, creditors also increased substantially by 55% to £1,600,000, and trade debtors ballooned by 35% to £1,200,000—a possible sign of delayed payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in debt warrants closer attention. As a small company, it's exempt from an audit, relying on unaudited accounts. The company’s accounts are abridged, and prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102.

Registered in England/Wales under the registration number 04398327, with a registered address at LE8 4DY, Leicester, Suite 2 Rosehill, 165 Lutterworth Road Blaby.

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