Perrys Recycling Limited

Perrys Recycling Ltd from Yeovil UK: large company, holding company, active status, founded 50 years ago, 67 employees, £3,607,883 assets, yearly revenue: £7,600,658, real address, 5 directors, 1 owner, google rating 4.0 based on 18 reviews. Regular exporter of wood pulp or other plant-based fiber materials (40 months exported). Perrys Recycling is a sizable operation, classified as a “large company” due to meeting two of three conditions: turnover exceeding £36 million and balance sheet total over £18 million. It’s also a holding company with an active status, having been established fifty years ago in 1975. The company employs 67 people and boasts assets of £3,607,883, generating a yearly revenue of £7,600,658. Five directors and one owner oversee the business, which maintains a respectable 4.0-star Google rating from 18 reviews. Perrys Recycling is a regular exporter, specializing in wood pulp and other plant-based fibers, with 40 months of export activity recorded.

Perrys Recycling operates as a comprehensive waste management and recycling service provider, offering a wide range of solutions from security shredding to waste-to-energy recovery. Their website highlights services including plastic recycling, and they cater to various business sectors like printers, box makers, factories, and offices. The company emphasizes a “circular economy” approach, maximizing recycling options and minimizing waste disposal costs. They also provide a free site audits and business best practice advice. Customers can request collections, and the company offers bespoke quotes for larger sites. They have recycling depots in Marston Magna, Bridgwater, and Appledore, and utilize a UK-wide network for collections.

Financially, Perrys Recycling shows some concerning trends. Accumulated amortisation impairment for intangible assets has remained steady, while depreciation for property, plant, and equipment has increased. Average number of employees has risen to 76, and administrative expenses have jumped by 21%. While cash and bank balances have increased, capital commitments have doubled. Despite these changes, revenue has declined by 45%, and net losses have deepened significantly. Trade debtors have ballooned, suggesting potential issues with customer payments. The lack of an auditor mentioned suggests the company is exempt from mandatory auditing.

Despite the financial challenges, Perrys Recycling maintains a strong focus on customer service and sustainability. Their commitment to ethical and reliable services, combined with a personal touch, seems to resonate with customers, as evidenced by their positive Google rating. The company’s long history and family-run nature contribute to a sense of stability and trustworthiness, even as they navigate a changing economic landscape.

Registered in England/Wales under the registration number 01195655, with a registered address at BA22 8DL, Yeovil, Somerset, Rimpton Road, Marston Magna.

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