So Recycle Ltd

So Recycle Ltd, based in Andover, UK, is a small, active company founded seven years ago. Employing twenty people, it holds £751,291 in assets and operates from a real address. With two directors and two owners – Murray Sonia and Murray William – it’s a family business with a respectable Google rating of 4.0 based on forty-two reviews. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with just one month of import activity recorded.

So Recycle specializes in buying waste paper, card, and film, positioning itself as the UK's fastest-growing specialist buyer. Its website details a comprehensive range of services, from cardboard and plastic recycling to secure document shredding and contract shredding. They even offer print industry services and boast a network of satisfied clients, highlighted through testimonials. The site is clearly designed to attract business, with a focus on responsiveness and ecological responsibility.

Financially, So Recycle Ltd has seen some changes. Cash bank on hand has fallen by a significant 54% to £150,000, while net assets have plummeted 47% to £440,000. Creditors have increased by 37% to £920,000, and trade debtors have decreased by 7.1% to £380,000. The company meets two of the three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than fifty employees. Future finance charges on finance leases have increased substantially, by 310%, which could be a cause for concern. With no auditor mentioned, the figures are unaudited.

Overall, So Recycle Ltd appears to be navigating a period of change. While its core business seems to be thriving, the financial data suggests it’s burning through cash and relying on credit. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s focus on customer service and ecological responsibility could help it weather the storm.

Registered in England/Wales under the registration number 10784307, with a registered address at SP11 0SP, England, Andover, So Recycle Ltd Penton Sawmills, Newbury Hill.

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