Newport Recycling Limited

Newport Recycling Ltd from Newport UK is a small, active company founded 32 years ago. With 14 employees and £2,895,684 in assets, it operates from a real address and is overseen by four directors and one owner. The company is an irregular importer of plastics and plastic products (2 months imported) and a regular exporter of wood pulp or other plant-based fiber materials (155 months exported).

The company’s website details its core business: providing professional bulk recycling services for businesses. Newport Recycling specializes in collecting and recycling a wide range of materials, including paper, cardboard, glass, plastics, and metal cans. They offer 24-tonne collections and cater to commercial clients, emphasizing competitive pricing, fixed contracts, and recycling experience—having traded since 1993 and holding ISO certifications. The website also highlights a focus on UK national coverage and dedicated account management, with a quick form for queries and identification of materials.

Financially, Newport Recycling Ltd shows some concerning trends. Cash bank on hand has dropped significantly by 50%, falling to £640,000, while current assets have also decreased by 25%, now at £2.9 million. Creditors have fallen by 40%, which is a positive sign, but bank borrowings have remained steady at £5,700. A notable increase in other taxation and social security payable, rising 110% to £76,000, could indicate increased operational costs. 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 decrease in cash reserves and the rise in tax liabilities warrant attention. The financial statements are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Newport Recycling Ltd appears to be facing some financial pressures, despite its established presence and focus on specialized recycling services.

Registered in England/Wales under the registration number 02800814, with a registered address at TF10 7NB, Newport, Shropshire, Aston House, 3 Springfield Industrial Estate.

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