3r Technology Uk Limited

3R Technology UK Ltd, based in Preston, UK, is a small holding company with an active status, founded seven years ago. The company employs 18 people and holds £1,500,439 in assets. It operates a real address and is led by one director and two owners, running an e-commerce site. The company regularly imports machinery, boilers, and mechanical appliances—parts for 48 months—and exports plastics and plastic products for 74 months.

The company’s website highlights its focus on WEEE (Waste Electrical and Electronic Equipment) plastic recycling, emphasizing its licensing for handling plastics containing POPs (Persistent Organic Pollutants). It actively seeks suppliers of SDAITTelecom waste plastic materials and boasts state-of-the-art technology. The company's process involves separating, shredding, washing, and drying plastics to produce refined granules suitable for industries like 3D printing and toy production. It even has a contact form on its website.

Financially, 3R Technology UK Ltd shows some concerning trends. Cash bank on hand increased significantly by 300% to £99,000, which is good, but net assets declined by 22% to £750,000. Creditors decreased by 19%, suggesting better debt management, but trade debtors ballooned by 57%, potentially indicating issues with customer payments. Investments have vanished completely, dropping 100% to zero. 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 flexibility, but the drop in equity and the rise in debtors are points to watch. No auditor is mentioned, so the figures are unaudited.

The company's focus on a niche recycling market—handling complex WEEE plastics—is a strength, but the financial data suggests it’s burning through cash. Whether it can maintain its operations and continue to grow remains to be seen.

Registered in England/Wales under the registration number 11188539, with a registered address at PR2 5BB, England, Preston, Lancs, Unit 21-22 Roman Way Longridge Road.

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