Environment First Limited

Environment First Ltd, based in Maidstone, UK, is a small, holding company with an active status. Established 24 years ago in 2001, the company employs four people and holds £8,361,494 in assets. It's managed by three directors and has one owner, Mackelden Holdings Ltd. The company has a real registered address and operates as an irregular importer of machinery, boilers, and mechanical appliances, with just one month of import activity recorded as of December 2023. Conversely, it’s a regular exporter of wood pulp and plant-based fiber materials, with 28 months of export activity up to July 2024.

The company’s website reveals it specializes in bespoke recycling solutions for businesses, collecting recyclable waste throughout Kent and London. It works with partners to responsibly recycle materials, avoiding landfill use and ensuring waste is transformed into new products, green energy, or biofertiliser. The site emphasizes a hassle-free, one-stop-shop approach, catering to cardboard, paper, plastics, and organic waste streams.

Financially, Environment First Ltd presents a mixed picture. Current assets increased by a significant 48% to £8.4 million, while net assets also rose by 16% to £12 million. However, bank borrowings surged by 300% to £13,000, and cash reserves dropped by 30% to £3.4 million. Creditors increased substantially by 79% to £2 million, suggesting a need to manage debt. Trade debtors also increased significantly by 400% to £3.9 million. 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 rise in debt warrants attention. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Environment First Ltd appears to be growing its asset base and revenue, but increased debt levels suggest a need for careful financial management.

Registered in England/Wales under the registration number 04167841, with a registered address at ME17 3SA, Maidstone, Kent, Lested Farm, Chart Sutton.

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