2 G Environmental Ltd

2G Environmental Ltd is a small, active company based in Bedford, UK, established nineteen years ago in 2005. With a single employee and £5,665 in assets, it operates from a virtual address shared by forty other companies, raising some questions. The business is run by two directors and owned by Reilly William, who also acts as a solo founder. It’s a regular importer, although its top import category is listed as "None," with just three months of import activity recorded as of January 2024.

The company’s primary focus is the recovery of sorted materials, offering a range of services including asbestos abatement, oil remediation, industrial cleaning, and facility management. It also provides services such as asbestos surveying, window cleaning, and grounds maintenance. The website highlights its expertise in asbestos removal and industrial cleaning, catering to both private and public sector clients. Founded in 2006 by Ron Bowers and Robbie Walker, 2G Environmental has grown into a well-known Northern Ireland company.

Financially, 2G Environmental Ltd presents a mixed picture. Current assets have fallen significantly, dropping 64% to £5,700, while net assets have plummeted 230% to -£990. Bank borrowings have increased, and cash reserves have decreased. Trade debtors have also fallen considerably. Despite these challenges, creditors have decreased, suggesting improved debt management. The company’s small size, meeting two of three criteria for a small company, helps it maintain agility. The lack of an auditor is typical for a company of this size.

Overall, 2G Environmental Ltd appears to be facing financial headwinds, despite its established presence in the industrial cleaning and asbestos services sectors. Whether the company can weather these challenges and continue its growth remains to be seen.

Registered in England/Wales under the registration number 05543936, with a registered address at MK40 2NR, Bedfordshire, 40 Kimbolton Road, Bedford.

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