E-cycle Limited

E Cycle Limited, based in Tonypandy, UK, is a small, active company founded thirteen years ago in 2012. Employing thirty-five people and holding £1,489,249 in assets, it operates from a real address and is managed by two directors and one owner. The company boasts a respectable Google rating of 4.0 based on seven reviews. It regularly imports nickel and nickel products (three months of activity) and exports machinery, boilers, and mechanical appliances (also three months).

The business specializes in IT asset management and electronic waste recycling, operating from a 60,000-square-foot facility in South Wales. Its services include secure IT recycling, data destruction, and logistics, catering to governmental departments and both public and private sector entities. It’s listed on several procurement frameworks, demonstrating its commitment to government contracts. The company emerged from acquiring assets and intellectual property, preserving jobs and empowering individuals with disabilities. It also donates IT equipment through its own initiatives.

Financially, E Cycle Limited presents a mixed picture. Cash reserves have impressively grown by 63%, reaching £1.3 million, while net assets have increased by 52%, hitting £1.1 million. However, trade debtors have significantly decreased by 51%, dropping to £120,000, which could indicate difficulties in collecting payments. Bank borrowings remained stable at £40,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible. Depreciation on plant machinery increased by 6%, and tools equipment saw a substantial jump of 580%, suggesting investment in equipment. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, E Cycle Limited appears to be financially stable with growing assets, but the decline in trade debtors warrants attention. The company’s commitment to responsible recycling and its social impact, combined with its government contracts, position it for continued success.

Registered in England/Wales under the registration number 08000438, with a registered address at CF40 1NY, Wales, Tonypandy, Unit 4 Dinas Isaf Industrial Estate, Williamstown.

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