J & L Elevator Components Limited

J & L Elevator Components Limited, based in St Asaph, UK, is a small, holding company with an active trading status. Founded twenty years ago in 2004, the company employs nine people and holds £1,506,448 in assets. With a real address and four directors, it’s a well-established operation. The company regularly imports and exports electrical machinery and equipment, with 272 months of import activity and five months of export activity recorded, the latest in March 2024.

The company's website showcases a wide range of lift parts and equipment, catering to the modernisation of existing lifts and new elevator designs. It acts as a UK agent for several recognised brands, including ACLA, Autinor, and KONE. Beyond simply selling parts, J & L Elevator Components offers product training, site surveys, bespoke steelwork, free consultancy, engineering solutions, and technical support, including a technical login for easy access to documents. The website also highlights a team and emphasizes its commitment to high-quality lift equipment.

Financially, J & L Elevator Components Limited presents a mixed picture. Cash reserves increased by a substantial 17% to £570,000, while finished goods rose by 41% to £280,000, suggesting growing inventory. However, net assets increased by 29% to £770,000, and creditors decreased by 21%, indicating better debt management. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, J & L Elevator Components Limited seems to be a stable, albeit somewhat stretched, operation. The company’s focus on technical support and comprehensive services, combined with its established supplier relationships, should help it navigate current financial pressures.

Registered in England/Wales under the registration number 05285232, with a registered address at LL17 0JG, St Asaph, Denbighshire, Unit 46 Capital Court, St Asaph Business Park.

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