Celtic Recycling Ltd.

Celtic Recycling Ltd from Pyle UK is a large, holding company with an active status. Founded 32 years ago in 1992, it employs 87 people and holds assets valued at £11,782,468. The company has a real address, is overseen by seven directors, and is owned by one entity. Celtic Recycling Ltd. is a regular exporter of copper and copper products, having exported for 34 months, with the last operation taking place in August 01, 2024.

The company operates in the treatment and disposal of hazardous waste, recovery of sorted materials, and treatment and disposal of non-hazardous waste industries. It’s a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company is owned by Celtic Utilities Group Ltd, and the list of owners was changed three years ago. The company's directors are Bishop Oliver Jordan, Gladwin Dean, Owen William David Paul, Pitman Lesley, and Bishop Stephen. The address is probably real as only one company registered at the address.

Financially, Celtic Recycling Ltd shows some concerning trends. While cash reserves increased by 20%, net assets declined by 14%, suggesting a shift in asset allocation. Bank borrowings decreased by 100%, which is positive, but accrued liabilities increased by 4.5%. Staff costs rose by 18%, and director remuneration increased by 38%, reflecting potentially higher operational expenses. The company’s net loss deepened by 47%, indicating reduced profitability. Despite these challenges, trade debtors increased by 78%, which could be a sign of growing sales, though it also carries the risk of delayed payments. The company was audited by Azets Audit Services. It's a little worrying that the company is burning through money, but it's also got a lot of assets.

Registered in England/Wales under the registration number 02765374, with a registered address at CF33 6BZ, Pyle, Bridgend, Unit 37, Village Farm Industrial Estate.

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