Verde Recreo Ltd

Verde Recreo Ltd from Bristol UK: a small company, holding company, and active status, was founded 18 years ago. It employs 14 people and holds £2,020,321 in assets. With a real address and three directors, it’s a relatively stable operation. It’s an irregular importer of carpets and textile floor coverings, with just two months of import activity recorded as of September 2024. Google users rate it 4.0 out of 5 based on three reviews.

The company’s website, weareverde.co.uk, showcases a business specializing in the design, construction, and maintenance of award-winning sports facilities. Verde Home focuses on delivering high-quality sports pitches and facilities for schools, elite sports organizations, and community groups. They have a clear emphasis on long-term partnerships and customer satisfaction, with case studies highlighting successful projects. The website also features a blog with news and updates, reinforcing their commitment to innovation and expertise. It's clear they're not an e-commerce business; instead, they operate as a service provider, generating revenue through contracts and maintenance agreements.

Financially, Verde Recreo Ltd shows a mixed picture. Current assets decreased by 13% to £2,000,000, while net assets fell 31% to £1,100,000. Bank borrowings increased by 55% to £52,000, and cash reserves dropped 33% to £780,000. On the plus side, creditors decreased by 7.8%, and trade debtors increased by 70%, suggesting improved collections. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in net assets is something to watch. With no auditor mentioned, the figures rely on unaudited statements.

The company’s growth in bank borrowings and decrease in cash reserves might indicate they are investing in new projects or expanding operations—but it could also signal financial strain. The increase in trade debtors suggests they may be extending credit terms to customers, which could be a strategy to boost sales but also carries risk. Overall, Verde Recreo Ltd appears to be a solid, established business, but its financial performance warrants close monitoring.

Registered in England/Wales under the registration number 05922842, with a registered address at BS30 8FR, England, Bristol, Unit 1 Warmley Business Park Crown Way, Warmley.

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