Enviro-tek Recycling Ltd

Enviro-Tek Recycling Ltd from Harlow UK: a small, active company founded 18 years ago, employs seven people, and holds £684,810 in assets. With a real address and three directors overseeing operations, the business is owned by two individuals, boasting a solid Google rating of 4.0 based on one review. It’s a regular importer of machinery, boilers, and mechanical appliances, with recent activity recorded just last month.

The company’s website details a nationwide waste management service, specializing in the collection and recycling of waste oil, catalytic converters, and other hazardous materials. They offer a range of services, from bilge water collection to transformer oil disposal, catering to both marine and industrial clients. Notably, they also operate a division focused on piano restoration, a surprising diversification from their core waste management business. The website highlights a commitment to environmentally responsible solutions and even offers an emergency service, available 24 hours a day.

Financially, Enviro-Tek Recycling Ltd shows a mixed picture. Current assets decreased by 5% to £680,000, while net assets increased significantly by 7200% to £22,000. Bank borrowings decreased by 61% to £32,000, and cash reserves increased dramatically by 11000% to £44,000. Creditors decreased by 6.3% to £670,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the large increase in net assets could be due to a one-off event. The lack of an auditor mentioned suggests the company is exempt as a small company, and the financial statements are unaudited.

The company’s diverse operations—from waste management to piano restoration—present both opportunities and challenges. While the waste management side appears to be a steady business, the piano restoration division adds a layer of complexity. Whether this diversification will contribute to long-term success remains to be seen, but Enviro-Tek Recycling Ltd seems to be navigating the market with a blend of practical solutions and a touch of unexpected heritage.

Registered in England/Wales under the registration number 05858281, with a registered address at CM19 5BH, England, Harlow, Essex, Olival House, 25 Horsecroft Road.

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