Envirogreen Polymers Limited

Envirogreen Polymers Ltd from Newry, UK, is a small, active company founded 13 years ago. With 105 employees and £2,879,079 in assets, it’s a significant player in its region. The company has two directors and a solo founder, Guy Conor, and maintains a real address, though its 3.0 Google rating (based on just two reviews) suggests room for improvement. It’s a regular importer of paper and paperboard products, having imported for 16 months, with the last operation taking place in March 2025.

The company’s website highlights its role as a provider of total waste management solutions for businesses across Northern Ireland and Ireland. Envirogreen focuses on reducing costs and environmental impact through expert waste management services, efficient removal and recycling processes, and a zero-to-landfill plan. They work closely with clients to optimise waste management practices, prioritising reuse, reduction, and recycling. The website also details a wide range of services, including general waste removal, food waste recycling, and even plastic bumper recycling. It's clear they are focused on a B2B model, offering comprehensive solutions rather than direct-to-consumer sales.

Financially, Envirogreen Polymers Ltd presents a mixed picture. While cash reserves dropped by 35% to £1.3 million, current assets also declined by 19% to £2.9 million. Bank borrowings surged dramatically, increasing by 2,400% to £1.3 million, which could indicate a recent investment or expansion. Creditors also increased significantly, rising by 830% to £1.6 million, suggesting increased reliance on short-term financing. On the positive side, trade debtors decreased by 10%, implying better collection of payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and less than 50 employees. There’s no auditor mentioned, which is likely due to its small size.

The significant increase in bank borrowings, coupled with the decrease in cash reserves, raises questions about the company’s financial health. While the decrease in debtors is a positive sign, the overall trend suggests Envirogreen may be burning through cash faster than it’s generating revenue. The company’s focus on waste management and recycling, however, positions it well to benefit from growing environmental awareness and regulations—but it will need to manage its finances carefully to sustain its growth.

Registered in Northern Ireland under the registration number NI612875, with a registered address at BT35 7JR, Northern Ireland, Newry, 121 Camlough Road, Carrickbracken Business Park.

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