Emerald Elevators Limited

Emerald Elevators Ltd, based in Kent, UK, is a small, active company founded 18 years ago. With 33 employees and £1,851,762 in assets, it operates from a virtual address, managed by two directors and two owners. The company holds a 3.0 Google rating based on 20 reviews. It’s an irregular importer, primarily bringing in vehicles, parts, and accessories – with recent activity recorded two months ago.

The company’s website showcases a comprehensive lift service provider, catering to clients across London and the Home Counties. Emerald Elevators offers 24/7 support, modernization services, and new lift installations, emphasizing customer focus and a track record of over 250 successful projects. They even boast a 15-year experience and highlight client testimonials. The website doesn’s seem to have any e-commerce functionality, instead focusing on lead generation and showcasing their expertise.

Financially, Emerald Elevators Ltd presents a mixed picture. While current assets have increased by 35%, to £1.9 million, net assets have only increased slightly, by 5.2%, to £120,000. Bank borrowings have decreased by 31%, to £15,000, while cash reserves have increased by 80%, to £130,000. Creditors have increased significantly, by 36%, to £1.7 million, and trade debtors have increased by 43%, to £1.1 million. The company’s size (meeting two of three criteria for a small company) allows for agility, but the rise in creditors could indicate increased operational expenses. There’s no auditor mentioned, which is typical for companies of this size.

The company’s reliance on directors loans is noteworthy. Specific advances to directors increased by 26% and 29% respectively, while repayments also increased by 30%—suggesting a complex relationship between the company and its directors. The company’s continued import activity, despite the rise in creditors, indicates a focus on maintaining its supply chain. Overall, Emerald Elevators Ltd appears to be navigating a period of growth, but needs to carefully manage its liabilities.

Registered in England/Wales under the registration number 06055391, with a registered address at ME8 7RG, Kent, 5 London Road, Rainham, Gillingham.

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