Nappicycle Ltd

Nappicycle Ltd, based in Ammanford, UK, is a small, active company founded 14 years ago. With nine employees and £318,577 in assets, it operates from a real address and is managed by two directors and one owner. The company is an irregular importer, primarily dealing with iron or steel products, with recent activity recorded in July 2024.

Nappicycle’s core business revolves around the treatment and disposal of non-hazardous waste, specifically focusing on nappy recycling. The company's website highlights a unique process for recovering valuable materials from used nappies, repurposing them into items like notice boards and paving materials. It partners with Pura, an eco-friendly baby care brand, investing in research and development and raising awareness about nappy recycling. The website also showcases the company’s involvement in local authority recycling initiatives and features news articles about its work.

Financially, Nappicycle Ltd presents a mixed picture. While cash reserves increased by 56% to £62,000, net assets only grew slightly by 9.3% to £630,000. Creditors, however, have surged by a significant 180%, reaching £490,000, indicating a potential reliance on short-term financing. Trade debtors also increased by 33%, suggesting a rise in outstanding customer payments. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increased debt warrants closer attention. As a small company, it’s exempt from an audit, so the financial data relies on unaudited director reports. The company’s reliance on short-term debt could be a sign of growth, or it could be a sign of financial strain.

Registered in England/Wales under the registration number 07515013, with a registered address at SA18 3SJ, Ammanford, Carmarthenshire, Unit 3 Capel Hendre Industrial Estate, Capel Hendre.

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