Worldwide Waste Management Ltd

Worldwide Waste Management Ltd, based in Manchester, UK, is a small, active company established fifteen years ago. With fifteen employees and £1,024,685 in assets, it’s a solo-founded operation led by a single director and owner. The company regularly imports and exports plastics and plastic products—four months of imports and thirty-seven months of exports recorded—and operates in the collection of non-hazardous waste industries.

The company's website highlights its PVC recycling services, offering toll services, uPVC recycling, and processing various PVC forms like powder and paste. It caters to a wide range of industries, including construction, manufacturing, and retail, and even serves car manufacturers. The website emphasizes its commitment to sustainability, offering recycling services and promoting a "green" environment. It’s clear they are targeting a broad customer base with a focus on commercial waste management and recycling solutions.

Financially, Worldwide Waste Management Ltd presents a mixed picture. Fixed assets have increased significantly by 94%, reaching £1.3 million, while investments have tripled to £830,000. However, cash bank on hand has dramatically fallen by 68%, down to £140,000. Creditors have also seen a massive increase, rising by 1200% to £440,000 after one year, and a more moderate 18% within one year. Net current assets and liabilities have decreased by 77%, dropping to £57,000. The number of average employees during the period has also fallen by 27%, to eleven. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash reserves and the rise in creditors are concerning. The accounts are abridged and unaudited, and no auditor is mentioned, relying on director-reported data.

Despite these financial pressures, Worldwide Waste Management Ltd seems to be focused on expanding its recycling capabilities and serving a global network of partners. Whether this growth strategy can offset the current financial strain remains to be seen—but the company’s commitment to sustainability and its diverse range of services suggest a resilient business model.

Registered in England/Wales under the registration number 07058384, with a registered address at M35 0PB, Manchester, Greater Manchester, WORLDWIDE WASTE MANAGEMENT LTD, Ledbury Road.

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