Glass Recycling (uk) Limited

Glass Recycling (uk) Limited, based in Barnsley, UK, is a sizable operation with a 50-year history. The company, currently active, employs 63 people and holds significant assets totaling £80,249,770. With a yearly revenue of £41,807,860, it's a key player in the UK’s waste recycling industry. The company has three directors and one owner, maintaining a real address and a respectable Google rating of 4.0 based on 21 reviews. It’s also a regular importer of machinery, boilers, and mechanical appliances, with its last import operation taking place in July 2024.

The company’s website, glassrecycle.co.uk, highlights its innovative approach to glass recycling. Glass Recycling (uk) Limited is the first British company to install a revolutionary plant capable of separating mixed glass cullet – reclaimed glass – into individual colours. The site emphasizes the importance of recycling, reducing demand for raw materials, and the company's commitment to quality and sustainability. It’s clear the company is focused on promoting its services and the benefits of glass recycling.

Financially, Glass Recycling (uk) Limited presents a mixed picture. While cash bank on hand increased substantially by 38%, reaching £68,000,000, other areas show concerning trends. Administrative expenses rose by 27%, and the company’s average number of employees decreased by 13% to 55. Capital commitments dropped to zero, and a significant decrease in debtors was noted, which could indicate a slowdown in customer payments. The company’s turnover increased by 26% to £42,000,000, but net assets also increased, suggesting a healthy overall financial position. The company’s auditors, Harris & Co Limited, have provided an audit opinion, lending credibility to the financial statements. The company’s size (meeting two of three criteria for a large company) means it’s subject to more rigorous reporting requirements.

Overall, Glass Recycling (uk) Limited appears to be a financially stable company with a strong market position. However, the decrease in employees and increase in administrative expenses warrants further investigation, and the company will need to maintain its focus on operational efficiency to ensure long-term success.

Registered in England/Wales under the registration number 01169515, with a registered address at S71 3HX, Barnsley, 418 Carlton Road, Carlton.

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