Rig Scorrier Ltd

Rig Scorrier Ltd from Redruth UK: small company, holding company, active status, founded 4 years ago, 1 employee, real address, 3 directors, 1 owner. Regular importer of electrical machinery and equipment (3 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the collection of non-hazardous waste, the recovery of sorted materials, the treatment and disposal of non-hazardous waste industries.

Rig Scorrier Ltd is a waste recycling specialist based in Scorrier, Cornwall. The company’s website highlights its services in processing and recycling construction, demolition, mining, and marine dredging waste streams. It’s not an e-commerce site; instead, it serves as an informational hub detailing the types of waste accepted, the materials produced (crushed and washed aggregates, sands), and the plant’s capabilities, including a water treatment system and bioremediation system in development. The site emphasizes its commitment to reducing landfill, improving ecosystems, and producing 100% recycled materials. They even offer plant hire services and stock general building sands and aggregates.

Financially, Rig Scorrier Ltd presents a mixed picture. Current assets have dropped significantly, falling 73% to just £93,000, while net assets have plummeted 830% to £93,000. Bank borrowings have increased dramatically, rising 2,300% to £23 million, and cash reserves have fallen 100,000% to £21,000. Creditors have also increased substantially, jumping 370,000% to £37 million. The company’s single employee, alongside three directors, reflects its lean operational structure. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited. The significant increase in bank borrowings, coupled with the decrease in cash reserves, suggests the company may be relying on external funding to support its operations. The increase in creditors could indicate challenges in managing short-term liabilities.

Registered in England/Wales under the registration number 12799595, with a registered address at TR16 5AU, England, Redruth, Parc An Chy, Scorrier.

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