Shred Station Limited

Shred Station Ltd, based in Norwich, UK, is a large, active company established 17 years ago. Employing 155 people, the company holds assets totaling £3,904,120 and operates from a real address. With two directors and a solo founder, Franklin Simon James, at the helm, Shred Station boasts a stellar 5.0 Google rating from 50 reviews. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 28 months of import activity recorded, the latest in January 2025. They occasionally export wood pulp or other plant-based fiber materials, with just one month of export activity recorded in December 2018.

Shred Station's website paints a picture of a comprehensive data destruction service provider. They offer a wide range of services, from mobile and offsite shredding to hard drive destruction and product destruction. They cater to both businesses and private individuals, offering services like paper shredding, confidential waste disposal, and even textile recycling. The site also highlights their commitment to environmental responsibility, emphasizing their recycling efforts and carbon-neutral operations. They even have a blog with helpful articles on data security and GDPR compliance.

Financially, Shred Station shows some concerning trends. While turnover increased by 6.3% to £6,100,000, net assets decreased by 6.6% to £3,700,000. Bank borrowings increased by 13% to £720,000, and cash reserves plummeted 81% to just £49,000. Creditors, however, decreased by 14%, suggesting improved debt management. The company’s large size (meeting two of three conditions for a large company) gives it scale, but the significant drop in cash reserves raises questions about its liquidity. The company’s accounts were audited by Ensors Chartered Accountants LLP.

Overall, Shred Station Ltd appears to be a well-regarded company in a specialized industry. However, the recent financial trends suggest that it may be facing some challenges—perhaps related to increased operating costs or slowing demand. It’s clear that the company will need to closely monitor its finances and adapt its strategies to maintain its success.

Registered in England/Wales under the registration number 06359628, with a registered address at NR13 6LH, England, Norwich, Norfolk, Osborne House Wendover Road, Rackheath.

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