
Our asset overview reports provide a concise summary of your lifts, whether it be part of a due diligence process on a new building, or the need to build up an overview of the lifts within your portfolio.
We will provide you with essential information relating to the age, condition, and compliance of the installed equipment along with comments on maintenance, recommendations for upgrades, an estimate of remaining service life and budget costs to support you with your capital expenditure for future replacement or modernisation.
INSIGHT BY ILECS
Asset Overview Reports Benefits
01.
Clarifies the lift type, age, and specification
02.
Highlights any areas of non-compliance
03.
Offers independent recommendations
04.
Estimates remaining lifespan (years)
05.
Provides budgetary costs for future works
06.
Comments on the quality of maintenance and housekeeping

Gain insight with an asset overview report
Our asset overview reports are available to clients across the UK and Europe, so please get in touch with our team if you would like to know more. We’ll discuss your requirements with you and work out how we can help.
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Don’t just take our word for it…
What we commonly get asked…
As independent lift and escalator consultants, we regularly get asked the following questions. If you can’t find an answer to your question, feel free to get in touch to ask a member of our team.
How can I reduce the frequency of lift breakdowns?
In the UK, lifts typically experience an average of four breakdowns per year. However, it is important to note that this statistic does not mean each lift will break down four times every year.
To minimise the occurrence of breakdowns, it is essential to implement regular servicing and inspections, as well as to ensure that the door tracks are clear and unobstructed.
Lifts are mechanical and electrical systems that require proper care and maintenance to avoid misuse and ensure longevity.
How do you know when a lift has reached the end of its useful life?
The average lifespan of a lift is between 15 and 20 years, assuming it has been installed correctly, well-maintained with quality equipment, and cared for by its users. Lifts that are over 15 years old may face a shortage of spare parts and technical support, which can lead to more extended downtimes in the event of a breakdown.
What will an asset overview report from ILECS tell me?
An asset overview report provides a clear, easy-to-understand snapshot of your lift’s condition, using a traffic light system to highlight key areas. It also outlines the lift’s remaining lifespan and offers indicative budget costs for modernisation or replacement. This helps you plan effectively for capital expenditure and ensure your lift remains reliable and compliant.