Elevators Ltd

Elevators Ltd from Dartford UK: a small company with an active status, was founded 22 years ago in 2002. It employs 31 people and holds £784,965 in assets, operating from a virtual address. Two directors and two owners manage the business, which boasts a Google rating of 4.0 based on 18 reviews. The company is a regular importer of machinery, boilers, and mechanical appliances; parts, with 11 months of import activity recorded.

Elevators Ltd specializes in lift installation, maintenance, and refurbishment, serving commercial and residential customers across London, the Home Counties, and the South East. Its website highlights a full range of services, from passenger lifts to parking lift solutions, and emphasizes expertise in lift engineering. The company caters to a diverse clientele, including housing agencies, property management companies, and private residences. The website also features a blog with articles on lift safety and maintenance.

Financially, Elevators Ltd shows a mixed picture. Current assets decreased by 4%, while bank borrowings increased by 50%, and cash reserves dropped by 41%. Creditors decreased by 19%, suggesting improved debt management. Net assets declined by 13%, and net current assets increased by 62%. 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 equity drop warrants attention. The company’s financial statements are unaudited, likely due to its status as a small company. The increase in bank borrowings could be related to investments in equipment or expansion, but the decline in cash reserves suggests a need for careful financial planning. The rise in trade debtors may indicate a change in payment terms or a temporary cash flow issue.

Registered in England/Wales under the registration number 04463335, with a registered address at DA1 2AG, Dartford, Adams & Moore House, Instone Road.

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