Norpol Recycling Limited

Norpol Recycling Ltd from Nelson UK: a large company with an active status, was founded 30 years ago. Employing 36 people, it holds £7,013,483 in assets and operates from a real address. The company is overseen by three directors and owned by Holt Norman, a solo founder, and enjoys a Google rating of 4.0 based on 14 reviews. It regularly imports machinery, boilers, and mechanical appliances; parts (for 19 months), and exports none (for 5 months).

Norpol Recycling Ltd specializes in the recovery of sorted materials, environmental consulting, and the manufacture of plastic products. Its website details a comprehensive waste management service, including recycling of LDPE, HDPE, PP, and PS plastics, as well as shredding, granulation, and compounding. They offer waste management consultancy, including free site visits and quotes, and even provide closed-loop recycling solutions with full audit trails. The company also trades and exports contaminated materials, and serves businesses across the country with competitive pricing. They are an Environment Agency approved recycling facility, authorised to issue PRN certificates to support customers' recycling obligations.

Financially, Norpol Recycling Ltd shows a mixed picture. Current assets have decreased by 24%, dropping to £7 million, while net assets have also fallen by 14%, reaching £7.3 million. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have decreased by 29%, falling to £4.6 million. However, creditors have also decreased by 45%, suggesting improved debt management. The company's staff costs have risen substantially, increasing by 85% to £6.4 million. The lack of an auditor mentioned suggests that the company is exempt from mandatory auditing.

Overall, Norpol Recycling Ltd appears to be a well-established player in the recycling sector, but the financial data suggests it is facing some challenges. The increase in staff costs and the decrease in cash reserves are particular areas of concern, but the company’s strong reputation and comprehensive service offering provide a solid foundation for future success.

Registered in England/Wales under the registration number 03029134, with a registered address at BB9 7YG, Nelson, Lancashire, Norpol House, Charles Street.

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