Recycling Engineers Services Limited

Recycling Engineers Services Ltd, based in Glastonbury, UK, is a small holding company with an active status, celebrating 21 years since its founding in 2004. Employing nine people and holding assets of £1,700,127, the company operates from a real address and is managed by three directors and one owner. Google users rate it a perfect 5.0 based on one review. The company regularly imports machinery, boilers, and mechanical appliances parts, with 15 months of import activity recorded, and exports these same items irregularly, with one month of export activity.

The company's website details its specialization in engineering services for the recycling industry. It installs, commissions, services, maintains, repairs, and even decommissions a wide range of waste equipment, including conveyors, balers, and compactors. They also provide operator training and site surveys. Notably, they’ve expanded their reach, recently completing a project in Poland and even act as UK service providers for Balemaster Europe B.V. and Cross Wrap OY Ltd. The website emphasizes quality engineering, fast response times, and a personal approach, offering ServiceCare servicing agreement options.

Financially, Recycling Engineers Services Ltd demonstrates mixed trends. Cash reserves have increased dramatically by 2100%, reaching £90,000, while net assets have risen by 15% to £1,100,000. However, bank borrowings have increased by 6.2%, reaching £740,000, and creditors have also grown significantly by 59%, reaching £600,000. Trade debtors have increased by 15%, reaching £1,100,000. The company's small size—meeting two of three criteria for being considered small—allows for agility, but the rise in liabilities suggests a need for careful financial management. No auditor is mentioned, which is common for small companies. The company's financial statements were prepared by Fairhurst Audit Services Ltd.

Registered in England/Wales under the registration number 05088920, with a registered address at BA6 9QY, England, Glastonbury, Whitebridge Park, Meare Road.

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