Greenbank Recycling Solutions Ltd

Greenbank Recycling Solutions Ltd from Middlesbrough, UK, is a small, active company founded five years ago in 2019. Employing 38 people, the business holds £2,584,635 in assets and operates from a real address. While there are three directors, there are no reported owners—a bit unusual. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 128 months of import activity recorded, the last in February 2025. It also exports these items, though less frequently, with just four months of export activity, the last in January 2025.

The company’s website reveals a focus on waste management solutions, offering commercial waste management, free waste audits, and a range of machinery for compacting waste. They specialize in vertical, semi-automatic, and horizontal balers, as well as compactors for polystyrene, catering to industries like distribution, retail, food packaging, and manufacturing. Their services extend beyond machinery sales, including maintenance, servicing, and consumables. The website also highlights case studies showcasing their work with companies like Nottingham Recycling, Butternut Box, and Currys, demonstrating their expertise in reducing waste and improving recycling rates.

Financially, Greenbank Recycling Solutions Ltd presents a mixed picture. While cash reserves increased by 110% to £610,000, net assets grew by 88% to £1,300,000, and creditors decreased by 3.4%, there are some concerning trends. Accumulated depreciation for plant machinery increased by 48%, and intangible assets rose by 220%. Bank borrowings surged by 2400%, reaching £29,000, and cash reserves fell 30% to £28,000. 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 increase in depreciation and bank borrowings suggests potential cost pressures. As a small company, it’s likely exempt from an external audit, so the figures rely on unaudited statements.

Overall, Greenbank Recycling Solutions Ltd appears to be a growing business navigating the challenges of a competitive waste management sector—though a closer look at their cost structure might be warranted.

Registered in England/Wales under the registration number 12343762, with a registered address at TS3 8BT, United Kingdom, Middlesbrough, Greenbank House, Sotherby Road.

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