Remediation Technologies Ltd

Remediation Technologies Ltd, based in Cambridge, UK, is a small holding company with an active status, having been founded 14 years ago in 2010. Employing just four people, the company holds £583,569 in assets and operates from a real address shared by only three other businesses. With one director and three owners, it maintains a stellar 5.0 Google rating based on a single review. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation recorded just one month ago.

The company's website, RemTech Ltd, focuses on specialist remediation contracting, spill response and restoration, and support for environmental consultancies. It provides solutions for complex brownfield land and water pollution issues, offering both in-house expertise and a range of equipment. The site also highlights a focus on emergency response and evaluation, and even offers services to environmental consultancies across the UK and EU. A subscription service is offered for regular updates.

Financially, Remediation Technologies Ltd has experienced significant changes. Accumulated amortisation of intangible assets increased by 36%, while depreciation of plant and machinery rose by 27%. The number of employees has increased by 50%, from four to six. Bank borrowings have decreased, with overdrafts remaining constant but non-financial instruments dropping by 43%. Cash reserves, however, have increased by a substantial 51%, reaching £120,000. Creditors have more than doubled, and debtors have increased dramatically, suggesting potential growth but also increased financial risk. Equity has also increased significantly, reflecting retained earnings.

Despite these changes, the company remains small, meeting two of three criteria for a small company. The increase in creditors and debtors, alongside the significant rise in bank borrowings, suggests the company is investing in growth, but also faces increased financial pressure. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Registered in England/Wales under the registration number 07429897, with a registered address at CB22 3JH, England, Cambridge, Cambridgeshire, Unit D, South Cambridge Business Park South Cambridge Business Park, Babraham Road.

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