Elsa Waste Paper Limited

Elsa Waste Paper Ltd from Stockport UK: a small, active company established 60 years ago, employs 29 people, and holds £1,585,406 in assets. It’s a family business with three directors and two owners, boasting a 1.0 Google rating based on just four reviews. The company is an irregular importer, bringing in iron and steel for about a month in 2023.

The business operates as part of Elsa Recycling Group, providing a range of waste management services including plastic, cardboard, and paper recycling, as well as document shredding. Its website details a comprehensive suite of services, from collection and sorting to grading and distribution, catering to both domestic and international markets. They even offer specialist shredding for contraband and material handling solutions, operating a fleet of trucks and machinery. The company’s website also lists its two addresses, one for Elsa Waste Paper and one for Document Data Shred Ltd.

Financially, Elsa Waste Paper Ltd has seen some concerning trends. Accumulated depreciation has risen 12% to £5.6 million, while cash bank holdings have plummeted 97% to a mere £4,300. Creditors have increased by 4.3% to £2.8 million, and net assets have fallen 61% to £200,000. Trade debtors have also decreased significantly, dropping 56% to £84,000. The number of employees has also decreased slightly, by 3.4% to 28. While the company meets the criteria for being a small business, the sharp decline in cash reserves and net assets suggests potential financial strain. No auditor is mentioned, which is common for companies of this size. The company’s continued operation, despite these challenges, indicates a resilient business model, but it’s clear that careful management is needed to ensure long-term stability.

Registered in England/Wales under the registration number 00823937, with a registered address at SK5 6ND, Stockport, Units 1-3 Station Road, Reddish.

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