ASCENDANT LIFTS LIMITED
Company number 04967758 · Monitor this company
Executive summary
Ascendant Lifts Limited has executed a highly impressive scale-up within the specialist UK vertical transportation sector, transforming from a near-dormant balance sheet in 2019 to a £1.48 million asset business by 2026. By leveraging debt to fund capital investment and headcount growth, the company has successfully positioned itself as a formidable independent alternative to dominant multinational OEMs, capitalising on the UK's growing lift modernisation cycle and mandatory compliance requirements. While the heavy reliance on long-term financing introduces leverage risk, the firm's expanding working capital and consistent asset growth indicate a robust and well-executed expansion strategy in a resilient market sector.
Shareholders' funds
£548,945
Balance sheet as at 2026-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-11-18
- Employees
- 29 (2026 accounts · was 26 in 2025)
- Registered office
- 11 Vance Business Park, Gateshead, England, NE11 9NE
- Postcode
- NE11 9NE
- Capital
- 150 GBP
- Accounts category
- Micro
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2026-01-31
- Next due by
- 2027-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-01-04
- Next due by
- 2027-01-18
Nature of business (SIC)
- 33120 Repair of machinery
Officers 2 current · 6 resigned
Public contracts won 1
£200,000,000 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Contact details
- Website
- ascendantlifts.co.uk
- Phone
- 08005999177, 01782562000, 01613551532
Ascendant Lifts and Escalators offer lift and escalator maintenance, repairs and modernisation work throughout the UK for all types of equipment.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 58 PRIORY LANE, REDDISH, STOCKPORT SK5 6HN | 2006-01-06 |
Among its peers
Top 10%
by shareholders' funds, of 63 similar companies in NE
Among the biggest employers among its local peers (29 staff).
Among the oldest 25% of its local peers, trading since 2003.
No.5 of the largest repair of machinery companies in Newcastle Upon Tyne →
Competitors Newcastle Upon Tyne
This company ranks 5 among repair of machinery in Newcastle Upon Tyne.
The class of 2003
51%
of the 258 companies in this sector incorporated in 2003 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.