Morgan Ellis Lifts Ltd

Morgan Ellis Lifts Ltd, based in Southend-on-Sea, UK, is a small, active company founded eight years ago. With eight employees and £614,058 in assets, it's a well-established player in the home lift market. The company boasts a perfect 5.0 Google rating from 57 reviews, reflecting high customer satisfaction. It’s a real address and has three directors and two owners, with Hopewell Matthew and Shepherd Jeffrey Nathan Francis listed as owners.

The company specializes in supplying and installing luxury residential lifts, showcasing a range of brands including Aritco, Stiltz, and Pneumatic Vacuum Elevators. Their website highlights bespoke designs and accessibility solutions, catering to renovations and new builds. They even have a showroom at the Sky House Design Centre in Amersham, offering customers a firsthand experience. The site's content emphasizes expert advice, technical support, and end-to-end service, from site preparation to installation. They even offer free, no-obligation quotations and travel throughout the UK and parts of Europe.

Financially, Morgan Ellis Lifts Ltd shows a mixed picture. Cash bank on hand dropped by 28% to £100,000, while bank borrowings increased by 12% to £6,500. Creditors rose by 12% to £480,000, and trade debtors increased significantly by 29% to £510,000. However, net assets grew by 45% to £160,000. Plant machinery depreciation decreased by 19%, which is a positive sign. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors suggests potential cash flow challenges. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company's growth in assets and net assets is a good sign, but the increase in creditors should be monitored closely.

Registered in England/Wales under the registration number 10444788, with a registered address at SS4 1LT, United Kingdom, Rochford, Essex, Calf Barn, Shopland Road.

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