Greenteck Global Limited

Greenteck Global Ltd, based in Wallingford, UK, is a small holding company with an active status. Established seven years ago in 2017, the company employs nine people and holds assets worth £1,192,986. It operates from a real address and is overseen by five directors and a single owner. Its Google rating stands at a perfect 5.0 based on two reviews, reflecting positive customer experiences. The company regularly imports electrical machinery and equipment, with recent activity recorded in July 2024.

Greenteck Global’s primary focus is delivering simple solutions to sustainability, particularly within industrial and commercial cleaning and hygiene. The company’s website details its mission to revolutionise the hygiene and waste management industries by connecting businesses to safe, sustainable, and cost-effective technologies. It offers a range of technologies, including AquaTeck (hypochlorous acid cleaning), AirTeck (odour removal), and waste disposal solutions, catering to sectors like food processing, healthcare, and government. They even plant a tree with every order and support bee populations, demonstrating a commitment to environmental responsibility.

Financially, Greenteck Global Ltd presents a mixed picture. While fixed assets increased by 10% to £1.2 million, net assets decreased by nearly 10% to £710,000. Cash reserves took a significant hit, falling 67% to £11,000. Bank borrowings, however, saw a dramatic surge, increasing by 300% to £230,000—a concerning trend. Creditors also increased, rising 27% to £600,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The growth in bank borrowings, coupled with the decline in cash reserves, suggests that Greenteck Global may be investing heavily in its operations or facing increased working capital needs. The company’s focus on sustainable technologies and its commitment to environmental initiatives are commendable, but its financial health will need close monitoring to ensure long-term success.

Registered in England/Wales under the registration number 10875977, with a registered address at WC1R 5EF, London, 3 Field Court, Grays Inn.

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