Riverside Waste Machinery Limited

Riverside Waste Machinery Ltd from Harrogate UK: a small, active company founded thirteen years ago, employs six people, and holds £525,633 in assets. It’s a real address, managed by two directors and two owners, and operates an e-commerce site with a stellar 5.0 Google rating from three reviews. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 38 months of import activity recorded.

The company’s website showcases a comprehensive range of waste management solutions, specializing in balers for cardboard, plastics, and other materials. They offer both new and used balers, along with consumables like baling wire and tape, and provide servicing and waste management expertise. The site highlights various models, from compact balers to mill-size machines, catering to diverse business needs, and even offers baler hire options. They also provide consultancy services and refurbished balers, and even have a section for clients.

Financially, Riverside Waste Machinery Ltd presents a mixed picture. Current assets increased by 8.7% to £530,000, while net assets grew by 14% to £400,000. However, creditors increased by 2.3% to £310,000, and future minimum lease payments jumped dramatically by 3,400% to £100,000. Bank borrowings remain steady. The company’s small size—meeting two of three conditions for being a small company—allows for flexibility, but the significant increase in lease payments could put a strain on cash flow. The company’s unaudited financial statements, overseen by Lithgow Perkins LLP, don’t mention an auditor, likely due to its small company status.

Overall, Riverside Waste Machinery Ltd appears to be a stable, growing business, although the sudden increase in lease payments warrants close monitoring. Their focus on specialized equipment and services, combined with a strong online presence, positions them well in the waste management sector.

Registered in England/Wales under the registration number 07698531, with a registered address at HG3 3TB, England, Harrogate, North Yorkshire, Unit A, 2 Jubilee Court Wath Lane, Copgrove.

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