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PALM RECYCLING LIMITED

Company TypePrivate Limited
Company Number07147643
Incorporated2010-02-05
IndustryRecovery of sorted materials
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

PALM RECYCLING LIMITED was formed on the 5th February 2010 (filed on the 18th September 2017) , and are based in Saddlebow Industrial Estate, Poplar Avenue. They are currently rated C and are considered to represent a below average risk score. Their credit score was last updated on 26th September 2017. Companies house classifies them as Full Accounts. This information was last updated on the 28th September 2017.

In 2016, they made a post-tax profit of £143,197 on a turnover of £67,955,474 (down 34% from 2015) .

There is 1 major shareholder listed for PALM RECYCLING LIMITED with Palm Paper Limited owning the most shares by value.

Addresses

Registered address

Saddlebow Industrial Estate
Poplar Avenue
Kings Lynn
Norfolk
PE34 3AL

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £1,021,101 £1,000,013 £1,006,212 £1,014,859 £1,011,643
Tangible net worth £4,995,596 £4,894,549 £4,657,081 £4,510,739 £4,352,582
Current liabilities £7,263,598 £11,187,491 £12,314,564 £13,486,213 £7,379,345
Current assets £11,345,691 £14,751,650 £14,877,703 £15,707,258 £9,633,436
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 1.56 1.32 1.21 1.16 1.31
Efficiency ratios
Return on assets 0.01 0.01 0.01 0.01 0.03
Return on capital employed 0.02 0.03 0.03 0.02 0.08
Gearing ratios
Debt to equity ratio 7.54 11.59 12.31 13.50 7.48
Equity ratio 0.08 0.06 0.06 0.06 0.08
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 1158.80 0.57 - - -

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