Evolifts Limited

Evolifts Ltd from Southampton UK is a small, active company founded 16 years ago. With two employees and £276,274 in assets, it operates from a real address and is led by one director and owner. The company regularly imports machinery, boilers, and mechanical appliances; parts, with recent activity recorded just last month.

The business focuses on the installation of industrial machinery and equipment, operating within a competitive market. While no website is available to analyze, the company’s core function is clear: providing installation services.

Financially, Evolifts Ltd presents a mixed picture. Current assets have decreased by 19%, falling to £280,000, while bank borrowings have also declined by 44%, settling at £13,000. Creditors have seen a significant drop of 22%, suggesting improved debt management. Cash reserves have remained stable at £180,000. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decrease in net assets by 2.7% to £79,000 warrants attention. Trade debtors have also fallen by 24%, which could indicate a shift in payment terms or a reduction in sales. The company’s accounts are unaudited, a common practice for small entities. The lack of an auditor is not unusual, given its size and exemption status.

Registered in England/Wales under the registration number 06747987, with a registered address at SO15 2TW, England, Southampton, 52 Mayfair Gardens Mayfair Gardens.

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