Bioganix Ltd

Bioganix Ltd from Brigg UK: small company, holding company, active status, founded 20 years ago, 27 employees, £2,357,482 assets, real address, 3 directors, 1 owner, google rating 5.0 based on 13 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (8 months imported). Bioganix Ltd operates as an organic recycling company, providing services like liquid/solid waste processing, secure destruction, feedstock supply to anaerobic digestion, and waste brokering. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company’s website highlights its expertise in processing food and beverage waste for delivery into anaerobic digestion, organic agricultural fertilisers, and extraction of oils for biofuels. It was formerly known as Bio Waste Solutions.

The company’s core business revolves around waste management and recycling, with a focus on organic materials. While the website showcases a range of services, it’s primarily an informational platform rather than an e-commerce site. There's no online store or direct sales functionality. Instead, the site encourages visitors to "get in touch" for a free quote, suggesting a service-based model where sales are generated through direct contact.

Financially, Bioganix Ltd’s recent performance presents a mixed picture. Current assets have seen a significant drop of 37%, falling to £2.4 million. Bank borrowings have increased substantially by 240%, reaching £760,000, while cash reserves have plummeted 83%, leaving just £230,000. On the positive side, creditors decreased by 2.5%, and net assets have increased slightly. The company’s average number of employees has increased by 37% to 37, which could be a sign of growth, but it also increases operational costs. The company's auditor is not mentioned, which is typical for a small company exempt from a statutory audit.

Overall, Bioganix Ltd appears to be navigating a period of change. The increased borrowings and declining cash reserves suggest potential financial pressures, but the company’s focus on a niche market and its strong Google rating indicate resilience. It's a small company with a real address and a solid reputation, but its future success will depend on its ability to manage its finances and continue to provide valuable services to its clients.

Registered in England/Wales under the registration number 05240586, with a registered address at DN20 0PJ, Brigg, North Lincolnshire, Bonby Lane, Bonby.

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