{"name":"2 RECYCLING LIMITED","company_number":"06347331","status":"Active","type":"Private Limited Company","incorporated":"2007-08-20","dissolved":null,"registered_office":"Corpacq House, 1 Goose Green, Altrincham, Cheshire, United Kingdom, WA14 1DW","postcode":"WA14 1DW","sic_codes":[{"code":38110,"description":"Collection of non-hazardous waste"},{"code":38120,"description":"Collection of hazardous waste"},{"code":38210,"description":"Treatment and disposal of non-hazardous waste"},{"code":38220,"description":"Treatment and disposal of hazardous waste"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":44,"accounts_date":"2021-12-31"},"financials":[{"financial_date":"2021-12-31","net_assets":1960959,"cash":1167394,"average_employees":44},{"financial_date":"2020-12-31","net_assets":1287996,"cash":923278,"average_employees":49},{"financial_date":"2019-12-31","net_assets":1882393,"cash":543614},{"financial_date":"2018-09-30","net_assets":1847940,"cash":1685587},{"financial_date":"2017-09-30","net_assets":1411510,"cash":1269730}],"officers":{"current":3,"resigned":5,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"2 Recycling Limited presents a CONDITIONAL credit proposition with a growing net worth of £1.96M and consistent profitability, operating in a defensive waste management sector. However, significant intercompany exposure (£2.02M owed by group undertakings representing 39% of current assets), moderate leverage with secured debt ranking ahead of new lenders, and recent director departures including PSCs, necessitate appropriate structural protections. Any credit facility should require parent company guarantee, quarterly monitoring, and financial covenants to mitigate group dependency risk.","website":"http://www.2recycling.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/2-recycling","people":"https://www.companiesintheuk.co.uk/company/2-recycling/people","filing_history":"https://www.companiesintheuk.co.uk/company/2-recycling/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06347331","financials":"https://www.companiesintheuk.co.uk/company/2-recycling/financial","control":"https://www.companiesintheuk.co.uk/company/2-recycling/control","charges":"https://www.companiesintheuk.co.uk/company/2-recycling/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/2-recycling/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/2-recycling"}