Recytex Ltd

Recytex Ltd is a small, active company based in Liverpool, UK, founded six years ago in 10th October 2018. It’s a solo-founded operation with a single director and owner, employing just one person and holding £30,865 in assets. The company operates in the retail sale via mail order houses or via internet industries. Its registered address is real, with only three companies registered at the same location. It’s an irregular importer, primarily bringing in clothing and accessories that aren’s knitted or crocheted, with the last import operation made in October 2023.

The company’s website, RecyTex, showcases a wide range of products and countries it ships to. The site's navigation is straightforward, with clear sections for new arrivals, all products, and an outlet. It also has a comprehensive list of countries it ships to, from Afghanistan to Zimbabwe, and offers various payment options. The site's focus is clearly on international e-commerce, with a strong emphasis on global reach.

Financially, Recytex Ltd presents a mixed picture. While net assets improved slightly, rising from -£31,000 to -£25,000, cash reserves are low at just £400. Creditors have decreased, which is a positive sign, but trade debtors remain steady at £19,000. 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 it to remain nimble, but the negative equity suggests it’s burning through money. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

In short, Recytex Ltd is a small e-commerce business with a global reach, but its financial health is a concern. The company's focus on international sales and its lean operation are strengths, but the negative equity and low cash reserves suggest it needs to carefully manage its expenses and find ways to improve its profitability.

Registered in England/Wales under the registration number 11617473, with a registered address at L1 0BE, England, Liverpool, 26a Norfolk Street.

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