Elite Remaps Ltd

Elite Remaps Ltd, based in Leeds, UK, is a small, active company founded fifteen years ago in 2010. With five employees and £6,298 in assets, it’s a solo-founded operation managed by a single director and owner. The business holds a respectable 4.0 Google rating from 102 reviews, suggesting a positive customer experience. It regularly imports electrical machinery and equipment, with three months of import activity recorded, the last in April 2024.

The company operates in the other information technology service activities industries, and its website, while not available for review, likely supports this core business. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Financially, Elite Remaps Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 6.1%, reflecting development costs, while bank borrowings increased by 130% to £63,000, potentially indicating investment or increased operational expenses. Average number of employees decreased by a significant 60%, dropping to just two—a concerning trend that could impact productivity. Creditors also increased by 81% to £66,000, suggesting a reliance on short-term financing. Cash bank on hand decreased by 14% to £6,300.

The company’s small size exempts it from an audit, so the figures are unaudited. While the business seems to maintain a good reputation with its customers, the decline in employee numbers and increased debt warrant closer attention. Whether these trends are temporary adjustments or signal longer-term challenges remains to be seen.

Registered in England/Wales under the registration number 07229670, with a registered address at LS12 3LW, England, Leeds, Unit C 41-45 Stanningley Road Stanningley Road.

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