Go Green Pelleting Solutions Limited

Go Green Pelleting Solutions Ltd, based in Bury, UK, is a small, active company founded eight years ago. With four employees and £155,805 in assets, it operates from a virtual address – a fact highlighted by the presence of 168 other companies registered at the same location. The company is led by two directors and two owners, though the owner list may not be exhaustive. It's a regular importer, specializing in machinery, boilers, and mechanical appliances, with its last import activity recorded seven months ago in February 2022.

The company's website reveals a focus on supplying and servicing pelleting and pellet processing equipment for the biomass and animal feed industries. It acts as the sole UK supplier of Feedtech Equipment and offers a range of services, including sales, engineering support, parts supply, and design consultations. A significant portion of the website showcases used and refurbished equipment for sale, from hammermills to pellet presses and coolers. It also offers pelleting trials for various biomass materials, demonstrating expertise and attracting potential clients.

Financially, Go Green Pelleting Solutions Ltd shows a mixed picture. Current assets have decreased by 32%, dropping to £160,000, while net assets have fallen by 30% to £140,000. Cash reserves have also taken a hit, declining by 48% to £83,000. Interestingly, trade debtors have increased by 4.3% to £73,000, suggesting a possible shift in payment terms or increased sales. Creditors have also decreased, which is a good sign. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity raises concerns. As a small company, it’s exempt from an audit, so the financial information is unaudited.

It seems the company is holding its own, but the financial figures suggest it's not necessarily burning through money, just not experiencing significant growth either. The focus on used equipment and service contracts appears to be a key element of its business model.

Registered in England/Wales under the registration number 10226884, with a registered address at BL9 0DN, England, Bury, The Exchange, 5 Bank Street.

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