Elite Limited

Elite Limited, based in Portsmouth, UK, is a small holding company with an active status. Founded 26 years ago in 1999, it employs nine people and holds assets valued at £656,207. The company, which has a real address, is led by two directors and has one owner. It boasts a perfect 5.0 Google rating based on 11 reviews. Notably, it’s an irregular importer, having imported goods for just two months, with its last import operation occurring in March 2018.

Elite Limited operates as a managed services and connectivity provider, focusing on services like Ethernet, Leased Lines, and Datacentre Connectivity. Its website highlights a wide range of services, including cloud solutions, professional IT consultancy, and support for various sectors like public sector, media, finance, and law. It also offers a portal for customers to manage their services and integrates with CRM systems. The company’s areas of expertise include connectivity, infrastructure, data centre solutions, and managed services. It's clear that they’re trying to be a one-stop shop for businesses needing IT support.

Financially, Elite Limited shows a mixed picture. Current assets have increased slightly by 0.79% to £660,000, while net assets have seen a significant boost, rising 26% to £380,000. Bank borrowings have dramatically decreased by -100%, now at zero, and cash reserves have fallen 20% to £140,000. Creditors have increased by 18%, and trade debtors have increased by 8.4%. While the increase in net assets is encouraging, the decrease in cash reserves and rise in creditors could indicate tighter cash flow management. The company meets two of the three criteria to be considered small, and the lack of an auditor suggests unaudited financial statements.

The company’s focus on managed services and connectivity, combined with its strong Google rating, suggests a customer-centric approach. However, the financial data reveals a need to carefully monitor cash flow and manage debt levels. It’s a small, established business with a good reputation, but the future depends on maintaining its financial stability.

Registered in England/Wales under the registration number 03759064, with a registered address at PO6 3TH, Portsmouth, Hampshire, Unit 8 Acorn Business Park, Northarbour Road.

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