Reliable Elevator Services Limited

Reliable Elevator Services Ltd from Dartford UK: a small, active company founded 17 years ago, employs 14 people, and holds £1,666,721 in assets. It’s a real address, run by two directors and owners, and operates as a family business with a Google rating of 2.0 based on 8 reviews. The company is an irregular importer of vehicles, parts, and accessories (excluding trains or trams), with recent import activity recorded just one month ago.

The company specializes in lift services, as evidenced by its website. Reliable Elevator Services covers all commercial lift needs, offering maintenance, repairs, modernization, and refurbishment. It caters to small businesses and larger companies across London and the South East, emphasizing competitive rates, 24-hour call-outs, and experienced, friendly engineers. The website highlights NVQ-level training and a commitment to high-quality workmanship.

Financially, Reliable Elevator Services Ltd shows a mixed picture. Cash bank on hand increased by 14% to £1.4 million, and investments rose by 26% to £1.4 million. However, debtors decreased by 23% to £260,000, and creditors increased by 3.9% to £610,000. Net assets grew by 16% to £2.6 million, indicating a strengthening financial position. Accumulated depreciation increased by 23%, reflecting ongoing investment in plant and machinery. The company meets the criteria for a small company, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

Despite the positive trends in assets and investments, the decrease in debtors suggests potential challenges in collecting payments. The increase in creditors could also indicate increased borrowing or delayed payments to suppliers. Overall, Reliable Elevator Services Ltd appears to be a stable, family-run business, but it's important to monitor its debt management practices to ensure long-term financial health.

Registered in England/Wales under the registration number 06585325, with a registered address at DA1 4BZ, England, Dartford, Unit 10 Bourne Industrial Park, Bourne Road, Crayford.

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