Higher Elevation Limited

Higher Elevation Ltd, based in Maidstone, UK, is a small, active company established 24 years ago. With 18 employees and £303,952 in assets, it’s a well-established player in the mobility sector. The company, boasting a perfect 5.0 Google rating from 33 reviews, operates from a real address and is overseen by three directors and two owners. It’s a regular importer of machinery, boilers, and mechanical appliances, with 14 months of import activity recorded.

The company’s website highlights its focus on providing mobility solutions for homes and businesses. They offer a wide range of products including stairlifts (straight, curved, reconditioned, rental, outdoor), through-floor lifts, wheelchair platform lifts, ceiling hoists, and even private elevators. They emphasize user-friendly design, safety, and customization, catering to both residential and commercial clients. The website also features a showroom and offers home surveys, indicating a strong emphasis on personalized service. They work with well-known brands like Access BDD, Ganser, and Stannah, assuring customers of quality and reliability.

Financially, Higher Elevation Ltd presents a mixed picture. While its investment property remained steady at £160,000, net assets significantly dropped by 84%, plummeting to just £42,000. Bank borrowings increased substantially, jumping 150% to £61,000, and cash reserves declined 86%, leaving just £350. Creditors also decreased, but other debtors took a big hit, dropping 71% to £95,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity is concerning. The company’s unaudited financial statements, and lack of auditor, means these numbers rely on internal reporting.

The company’s focus on customer service and partnerships with reputable brands suggests a commitment to quality. However, the financial data indicates a need to address the decline in equity and manage debt levels. It’s clear that the company is facing some financial headwinds, but its established reputation and diverse product offerings could help it navigate these challenges.

Registered in England/Wales under the registration number 04078005, with a registered address at ME14 2BJ, England, Maidstone, Kent, Bernard House, Granville Road.

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