Recoverable Limited

Recoverable Limited is a small, active company based in Eastbourne, UK, founded four years ago in June 09, 2020. It holds £127,632 in assets and operates from a virtual address, registered at BN21 3YA. The company, a solo founder’s project, is led by one director and owner, Moore James Peter. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Recoverable Limited specializes in debt collection services, operating primarily through its website. The company offers a range of services, including debt recovery at market-leading rates, consultancy services to improve internal processes, and international debt recovery. It caters to various industries, including independent schools, building contractors, and funeral directors, with a particular focus on efficient and personalized debt collection strategies. The website highlights a client portal, live chat, and a commitment to fast, reliable service, offering tailored strategies and market-leading rates.

Financially, Recoverable Limited presents a mixed picture. While cash bank on hand increased by 34% to £110,000, net assets liabilities decreased by 160% to £6,800. Creditors remained stable at £200,000, and trade debtors slightly decreased. The company's net current assets liabilities improved, decreasing by 26% to -£70,000. The company’s bank borrowings increased, which could be a sign of growth or increased operational costs. The lack of employees (zero reported) suggests a lean operation, and with no auditor mentioned, the figures are unaudited. The company’s growth in bank borrowings, while not alarming, should be monitored closely to ensure sustainable financial health.

Registered in England/Wales under the registration number 12656330, with a registered address at BN21 3YA, United Kingdom, Eastbourne, East Sussex, 7-9 The Avenue.

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