Reventas Limited

Reventas Ltd, based in Livingston, UK, is a small, active company founded five years ago. With 19 employees and £476,082 in assets, it operates from a real address and is managed by three directors, although there are no reported owners. The company is an irregular importer, primarily dealing in plastics and plastic products, with its last import activity occurring just one month ago.

The company’s website reveals a fascinating focus: revolutionizing plastic recycling. Reventas Ltd is developing a novel dissolution recycling technology that aims to transform waste plastics into virgin-like polymers, suitable for a wide range of applications, from packaging to automotive components. The site details a five-step process – feedstock preparation, polymer dissolution, filtration, polymer separation, and drying/extrusion – highlighting the technology’s potential for a more sustainable circular economy. It’s clear the company is targeting a market hungry for innovative recycling solutions, and even mentions partnerships with big names like Tom Rose, CEO.

Financially, Reventas Ltd presents a mixed picture. While current assets remain relatively stable at £480,000, net assets have significantly decreased by 70%, plummeting to -£2,000,000. Bank cash has also fallen by 16% to £150,000. Creditors have increased substantially, rising 92% to £460,000, and trade debtors have also climbed by 13% to £320,000. The company’s small size—meeting two of three conditions for a small company—helps it remain nimble, but the large decrease in equity is concerning. The company is exempt from an audit as a small company, so the numbers are unaudited. Accumulated depreciation has increased by 75%, suggesting investment in plant machinery, and the company’s employee numbers have increased by 16%, which could be a sign of growth. The company is holding onto its assets, but its liabilities are increasing, and it is losing money.

Registered in Scotland under the registration number SC661044, with a registered address at EH54 7BU, Scotland, Livingston, Impact Technology Centre Fraser Road, Kirkton Campus.

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