Environmental Tracing Ltd

Environmental Tracing Ltd, based in Borehamwood, UK, is a small, active company founded four years ago. With just four employees and £58,039 in assets, it’s a solo founder operation managed by four directors. The company operates from a virtual address, registered with 474 other companies, which is a bit unusual. It imports optical and medical tools and devices, though irregularly, with the last import occurring just a month ago.

The company's website paints a picture of a specialist environmental engineering firm, providing field services, project management, and consultancy across marine, energy, and water industries. They’re acknowledged leaders in tracing technology, utilizing dye and particle tracers. Environmental Tracing boasts a broad skill base, exchanging ideas and understanding between sectors to offer clients cost-effective solutions. They serve a diverse range of clients, including government agencies, oil and gas companies, and industrial firms, emphasizing high-quality data and reliable service.

Financially, Environmental Tracing Ltd presents a mixed picture. While current assets increased slightly to £58,000, net assets plummeted 390% to -£120,000—a significant downturn. Bank borrowings increased, and cash reserves decreased, suggesting the company is burning through money. Creditors also rose, which could be a sign of increased operational costs. The company’s small size, meeting two of three criteria for a small company, helps with agility, but the equity drop is concerning. No auditor is mentioned, so the financial statements are unaudited. It seems like the company is facing some financial pressures, but its expertise in tracing technology and diverse client base could help it weather the storm.

Registered in England/Wales under the registration number 13232662, with a registered address at WD6 1JD, United Kingdom, Borehamwood, Hertfordshire, 5 Elstree Gate, Elstree Way.

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