Datashredders Limited

Datashredders Limited, based in Wimblington, UK, is a small, active company established nineteen years ago. With fifty employees and £2,238,278 in assets, it operates from a real address and is overseen by three directors and one owner. The company specializes in the collection of non-hazardous waste and recycling, with a particular focus on secure document destruction. It’s a regular exporter of wood pulp and plant-based fiber materials, with eleven months of export activity recorded, but only imports electrical machinery and equipment irregularly, with just one month of import activity.

The company’s website highlights its comprehensive range of shredding services, catering to both businesses and domestic customers. From on-site mobile shredding to off-site destruction and regular collections, Datashredders offers flexible solutions for secure data disposal. They also provide recycling services for various materials, including plastics, paper, and card, emphasizing their commitment to sustainability. A new facility was recently opened, capable of processing 500 tonnes of cardboard weekly, saving 8,500 trees.

Financially, Datashredders Limited presents a mixed picture. While current assets increased by 14% to £2,200,000, net assets decreased by 5% to £3,200,000. Bank borrowings decreased significantly by 66% to £22,000, and cash reserves grew by 23% to £990,000. Trade debtors increased by 3% to £1,200,000, and creditors rose by 17% to £1,100,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in net assets suggests some financial pressure. There’s no auditor mentioned, likely due to the company’s small size and exemption from an audit.

The company’s focus on recycling alongside shredding demonstrates a broader commitment to environmental responsibility, which may be attracting customers. The recent expansion of their facility suggests confidence in future growth, but the financial data indicates a need to carefully manage expenses and maintain strong cash flow.

Registered in England/Wales under the registration number 05716583, with a registered address at PE15 0QH, England, Wimblington, Cambridgeshire, Unit 2 Eastwood Industrial Estate, Eastwood Road.

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