P W Commercial Company Limited

Greenfield Estates Ltd, based in Cheltenham, UK, is a medium-sized, active company established 27 years ago. Employing 11 people, it holds £3,557,515 in assets and generates £5,987,475 in revenue annually. The company, with four directors and three owners, operates from a real address and has a Google rating of 4.2 based on 12 reviews. It regularly exports waste and scrap, with 13 months of export activity recorded, the latest in December 2023.

Greenfield Estates Ltd specializes in the collection, processing, and recycling of waste materials, primarily focusing on ferrous and non-ferrous metals. Its website highlights a commitment to sustainable practices, offering services to businesses and local authorities. The company emphasizes its ability to handle large volumes of waste efficiently and responsibly, contributing to a circular economy. It also provides consultancy services related to waste management and environmental compliance.

Financially, Greenfield Estates Ltd presents a mixed picture. Current assets decreased by 14% to £1,478,000, while net assets fell 28% to £1,278,000 – a noticeable decline. Bank borrowings increased by 120%, reaching £107,000, and cash reserves dropped 30% to £262,000. However, creditors decreased by 13%, suggesting improved debt management. The company meets two of three criteria for a large company (turnover under £36m, assets under £18m, and more than 250 employees), indicating a solid mid-sized operation. The audit firm, Smith & Williamson, performed the audit, lending credibility to the financial statements.

The decline in net assets and cash reserves, alongside increased borrowings, warrants closer attention. While the company maintains a strong presence in the waste management sector and benefits from an established reputation, it’s likely facing increased operating costs or challenges in maintaining profit margins. The audit provides assurance, but ongoing monitoring of financial performance will be crucial for Greenfield Estates Ltd to sustain its growth and navigate potential headwinds.

Registered in England/Wales under the registration number 02994299, with a registered address at GL51 9AN, Cheltenham, Gloucestershire, Commerce House, Tewkesbury Road.

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