Lancashire Waste Recycling Limited

Lancashire Waste Recycling Ltd from Fleetwood UK: a large company, holding company, active status, founded 14 years ago, with 22 employees and £12,331,203 in assets, operates from a real address and is overseen by one director and owner, boasting a Google rating of 4.0 based on 19 reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances; parts, with recent import activity recorded two months ago.

The company’s core business revolves around the recovery of sorted materials, a crucial aspect of the waste management industry. While no website is available to analyze, its operations likely involve collection, sorting, and processing of recyclable materials. Given the absence of a website, it's unlikely the company engages in e-commerce. Instead, it probably deals directly with waste producers and recycling facilities.

Financially, Lancashire Waste Recycling Ltd presents a mixed picture. Current assets have increased by a substantial 27%, reaching £12 million, which is good news. However, bank borrowings have also risen significantly by 11%, reaching £3.4 million. Creditors have increased by 26%, and net assets have grown by 23%. While the company’s turnover is substantial, the increase in bank borrowings suggests it may be relying on external funding to support its operations. The lack of a mention of an auditor suggests the company is exempt from an audit, which is common for smaller businesses. The increase in administrative expenses by 34% could indicate investment in operational efficiency or expansion.

Overall, Lancashire Waste Recycling Ltd appears to be a financially healthy company, but it’s important to monitor its debt levels and administrative expenses to ensure sustainable growth. The company's position as a holding company suggests it may have other subsidiaries or investments, which could influence its overall financial performance.

Registered in England/Wales under the registration number 07383636, with a registered address at FY7 8RS, United Kingdom, Fleetwood, Lancashire, Rees House, Burn Hall Industrial Estate, Venture Road.

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