Greentech Services Limited

Greentech Services Ltd, based in Milton Keynes, UK, is a small, active company founded eight years ago. With sixteen employees and £1,232,696 in assets, it operates from a real address and is managed by two directors and one owner. The company irregularly imports electrical machinery and equipment, with its last import operation occurring just one month ago.

The company’s website showcases its focus on compost and soil blends for gardens, catering to both commercial and residential customers. It highlights locally sourced, peat-free options, and works with local councils for waste management and recycling. The site also features customer testimonials and details about its composting machinery, emphasizing quality and value. It’s clear they’re targeting gardeners and landscaping professionals, offering a range of products and services.

Financially, Greentech Services Ltd presents a mixed picture. While current assets increased by a healthy 61% to £1.2 million, equity plunged 150% to a negative £97,000. Bank borrowings surged by an impressive 630%, reaching £630,000, while cash reserves plummeted 95% to just £18,000. Creditors also increased significantly, rising 140% to £1.4 million. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the dramatic decline in equity is concerning. The increase in bank borrowings suggests the company is relying on external financing, and the decrease in cash reserves could indicate it’s burning through money. The company is exempt from an audit, so the figures are unaudited.

It’s clear Greentech Services Ltd is facing financial challenges, despite its focus on sustainable practices and local sourcing. Whether the company can navigate these pressures and maintain its growth remains to be seen.

Registered in England/Wales under the registration number 10669545, with a registered address at MK3 6DP, United Kingdom, Milton Keynes, Bucks, Challenge House, Sherwood Drive.

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