Eco.it Ltd

Eco.it Ltd, based in Manchester, UK, is a small, active company founded six years ago in 2018. It employs just two people and holds £28,795 in assets, operating from a virtual address shared by 137 other companies. Two directors and two owners manage the business, which is irregular importer of paper and paperboard products, with its last import operation occurring in December 2020. The company operates in the other retail sale not in stores, stalls or markets industries.

The company’s website, eco IT Computer Disposals Ltd, focuses on computer recycling and data destruction services. It offers collection, logistics, environmental certification, and secure data destruction for businesses, schools, and charities across the UK. The website details the types of equipment they recycle—from computer towers and laptops to servers and printers—and provides a simple online form for discussing or booking a collection. The company also operates from a physical location in Manchester, M44 6BP.

Financially, Eco.it Ltd’s recent performance shows a worrying trend. Current assets have fallen by a significant 47% to £29,000, while net assets have plummeted 99% to just £270. Cash reserves have also decreased by 30% to £2,900, and bank borrowings have increased by a staggering 2,400%, reaching £29,000. Creditors have increased by 16% to £29,000, and trade debtors have risen by 250%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

Despite the concerning financial trends, Eco.it Ltd’s focus on a niche recycling service and its online presence suggest it’s trying to adapt. Whether it can overcome the financial pressures remains to be seen, but its continued operation—and the scale of its debt—indicate a business fighting to stay afloat.

Registered in England/Wales under the registration number 11692265, with a registered address at M43 6PW, England, Manchester, Capital House 272 Manchester Road, Droylsden.

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