Elementrix Distribution Limited

Elementrix Hazardous Waste Management Solvent Recovery, based in Carnforth, UK, is a small, active company founded three years ago. It employs just one person and holds £263,695 in assets, operating from a real address in Cumbria. The company is led by a single director and owner, Newton Laura Elizabeth, and functions as a solo founder venture. Elementrix specializes in the irregular import of organic chemicals, with just one month of import activity recorded as of February 2025.

The company's website showcases its core business: the management of hazardous waste and solvent recovery. Services include disposal, recovery, and the supply of recovered and virgin solvents. Elementrix positions itself as an independent broker providing responsible, reliable, and impartial service, emphasizing a personal touch and industry expertise gained from over 20 years of experience. The site highlights a network of producers and facilities across Europe, ensuring reliability and value. A dedicated "About" section details the company’s commitment to responsible waste management and solvent recovery, catering to businesses seeking cost-effective and environmentally sound solutions.

Financially, Elementrix presents a mixed picture. While current assets increased slightly to £260,000, cash reserves significantly decreased by 65% to £37,000. Debtors surged by 61% to £160,000, suggesting potential delays in customer payments, but creditors also fell by 57% to £69,000, indicating improved debt management. Equity, however, jumped 160% to £110,000, largely driven by retained earnings. 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 cash reserves warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Elementrix appears to be navigating the challenges of a small business. While the surge in debtors and decline in cash reserves are concerning, the improved debt management and growth in equity suggest a potential for stability. The company’s focus on specialized services and its commitment to responsible waste management could be key to its long-term success.

Registered in England/Wales under the registration number 13764551, with a registered address at LA6 2AB, England, Carnforth, Cumbria, 9 New Road, Kirkby Lonsdale.

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