Elite Custom Building Limited

Elite Custom Building Limited, based in Manchester, UK, is a small, active company founded six years ago. With two employees and £126,560 in assets, it operates from a virtual address shared by 69 other companies. The firm has one director and two owners, and boasts a perfect 5.0 Google rating from a single review. It’s an irregular importer of glass and glassware, with the latest import occurring in October 2024.

The company’s website, Elite Beyond the Limits, focuses on transforming spaces with high-quality element and roof systems. It offers a comprehensive range of solutions, from fix glass panels to motorized louvred roofs, catering to both residential and commercial clients. The site emphasizes customization, durability, and modern aesthetics, showcasing a range of automatic retractable roofs, fabric pergola systems, and bespoke roof shading options. The website also highlights the company’s expertise in residential technology and style, as well as its ability to create commercial spaces that enhance customer experiences.

Financially, Elite Custom Building Limited presents a mixed picture. Current assets have decreased by 16% to £130,000, while net assets have plummeted 98% to a mere £560. Bank borrowings have increased significantly, and cash reserves have fallen 70% to £5,200. Creditors have also increased, suggesting potential cash flow pressures. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the sharp decline in equity raises concerns. The company’s accounts are unaudited, and no auditor is mentioned.

It appears that the company is facing some financial challenges, despite its positive online presence and focus on high-quality products. The decrease in equity could be due to increased expenses or decreased sales, and the company will need to address these issues to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11678747, with a registered address at M3 3EB, United Kingdom, Manchester, C/O Pomegranate, 3 Hardman Square, Spinningfields.

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