Electronic Waste Recycling Ltd

Electronic Waste Recycling Ltd, based in Letchworth Garden City, UK, is a small, active company established nineteen years ago. With nine employees and £524,504 in assets, it’s a solo-founded operation led by a single director and owner. The business primarily focuses on the wholesale of waste and scrap, operating as a regular exporter of electrical machinery and equipment for ten months of the year, while also importing for a single month.

The company’s website reveals a focus on electronic recycling, offering services like debranding, secure wiping, and recycling of electronics. They even specialize in refurbishing and restoring old electronics, with a focus on reuse and donation as first options. They offer free collections within Worcestershire, Shropshire, Herefordshire, and Gloucestershire, and are a Microsoft Authorized Refurbisher.

Financially, Electronic Waste Recycling Ltd shows a mixed picture. Current assets increased by 32% to £520,000, while net assets decreased by 14% to £29,000. Creditors increased by a significant 35% to £410,000, suggesting an increased reliance on borrowing. Cash reserves decreased by 15% to £290. 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 drop in equity warrants a closer look. No auditor is mentioned, which is typical for a small company.

Overall, Electronic Waste Recycling Ltd seems to be navigating a period of change. While revenue appears to be growing, managing creditors and maintaining a healthy cash flow will be crucial for the company’s continued success.

Registered in England/Wales under the registration number 05608615, with a registered address at SG6 1LA, England, Letchworth Garden City, Unit 1 Woodside Industrial Park, Works Road.

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