Recycleit Now Ltd

Recycleit Now Ltd, based in Burnley, UK, is a small, family-run business with an active status. Established 14 years ago in December 09, 2010, the company employs 23 people and holds assets valued at £1,708,862. It operates from a real address and is overseen by three directors and two owners. The business regularly imports machinery, boilers, and mechanical appliances, parts (for 27 months, last import February 01, 2025), and exports the same (for 5 months, last export September 01, 2023).

The company’s website, recycleit.co.uk, details a focus on IT recycling and asset recovery. They provide services including data sanitisation, refurbishment, and secure disposal of electronic waste. The website highlights their commitment to environmental responsibility and offers solutions for businesses of all sizes, from academies to large organisations. They even provide a rebate for recycling equipment, allowing businesses to potentially earn money while responsibly disposing of their old IT assets. The site is well-structured, with clear information on services, industries served, and testimonials from satisfied clients.

Financially, Recycleit Now Ltd presents a mixed picture. While cash reserves increased by 3.8% to £440,000, debtors decreased by 7.5% to £650,000, suggesting tighter credit control. However, bank borrowings increased by 54% to £290,000, and financial commitments rose by 25% to £100,000. The company's net assets remained steady at £1,200,000. A decrease in accrued liabilities was observed, falling 150% to -£140,000. 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 flexibility, but the increased borrowing could indicate investment or operational challenges. No auditor is mentioned, likely due to the company’s status as a small entity. The company’s turnover has remained steady, and the business is doing well.

Registered in England/Wales under the registration number 07465035, with a registered address at BB11 5HG, England, Burnley, Lancashire, Unit 2 Summit Works, Manchester Road.

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