Clean Earth Limited

Clean Earth Ltd is a small, active family business founded 27 years ago, in 1998. Based in Colchester, Essex, the company has seven employees and holds £486,524 in assets. It operates from a real address, with four directors and three owners listed—though the owner list is not exhaustive. The company imports various textile products, sets, used clothing, and rags, with its last import activity recorded just one month ago in June 2024. It’s classified as a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It operates in the "other amusement and recreation activities n.e.c." industries.

While the company's website is unavailable for analysis, the financial data paints a mixed picture. Current assets have increased by a significant 13%, reaching £490,000, which is a positive sign. However, net assets have also risen by 10%, reaching £370,000. Cash bank on hand has increased by 36%, reaching £430,000. Liabilities have also increased, with creditors up 5.5% to £480,000. Trade debtors have plummeted by a massive 58%, which could indicate issues with customer payments or a shift in credit policies. Bank borrowings have increased by 2,400%, reaching £29,000.

The company’s losses have remained steady at £110,000. The increase in liabilities, despite the growth in assets, suggests the company may be relying on borrowing to fund its operations. The lack of an auditor mentioned—likely due to its small size—means the figures are unaudited. It’s worth noting that the company’s equity has increased by 10%, which is a positive trend. The sharp decrease in trade debtors is something to keep an eye on.

Registered in England/Wales under the registration number 03550815, with a registered address at CO6 1JE, Chase Cottage Great Tey, Colchester.

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