Green-it-recycling Ltd

Green IT Recycling Ltd, based in Romford, UK, is a small, active company established 14 years ago. Employing just one person, it holds £163,553 in assets and operates from a real address. With a single director and owner, Shaikh Rehan, the business focuses on importing and exporting machinery, boilers, and mechanical appliances—parts, with 7 months of import activity and 4 months of export activity recorded.

The company's website highlights its commitment to "free, secure, ethical recycling solutions" for old IT equipment. It offers a nationwide collection service, data destruction, and a "totally managed solution" for businesses looking to responsibly dispose of their redundant IT. The site emphasizes a "zero landfill policy" and adherence to European WEEE directives, positioning Green IT Recycling as a sustainable and reliable partner. They even work with large manufacturers to handle end-of-line products and liquidation stock.

Financially, Green IT Recycling Ltd presents a mixed picture. Current assets have decreased by 18% to £160,000, while net assets have increased by 10% to £52,000. Bank borrowings have decreased by 21%, reaching £93,000, and cash reserves have decreased by 4.1% to £130,000. Trade debtors have plummeted by 47%, suggesting improved collection rates. 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 flexibility, but the decrease in debtors could indicate a slowdown in sales. No auditor is mentioned, reflecting the company’s exemption as a small entity.

Overall, Green IT Recycling Ltd appears to be navigating a competitive market, leveraging its focus on ethical and sustainable IT recycling. While the financials show some challenges, its commitment to responsible disposal and a streamlined service could prove beneficial in the long run.

Registered in England/Wales under the registration number 07476765, with a registered address at RM3 8HR, Romford, 130 Chippenham Road.

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