{"name":"GREEN CIRCLE POLYMERS LIMITED","company_number":"SC469312","status":"Active","type":"Private Limited Company","incorporated":"2014-02-06","dissolved":null,"registered_office":"8 Stair Park, North Berwick, Scotland, EH39 4DD","postcode":"EH39 4DD","sic_codes":[{"code":38210,"description":"Treatment and disposal of non-hazardous waste"},{"code":38320,"description":"Recovery of sorted materials"}],"principal_activity":null,"previous_names":[{"name":"GREEN CIRCLE RECYCLING LIMITED","changed_on":"2017-07-10"}],"warnings":[],"accounts":{"category":"Micro","year_end":"31 May","last_made_up_to":"2026-05-31","next_due":"2028-02-29"},"employees":{"count":0,"accounts_date":"2026-05-31"},"financials":[{"financial_date":"2026-05-31","net_assets":5877037,"average_employees":0},{"financial_date":"2025-05-31","net_assets":5838981,"average_employees":2},{"financial_date":"2024-05-31","net_assets":5812857,"cash":1987459,"average_employees":56},{"financial_date":"2023-05-31","net_assets":5741680,"cash":1675914},{"financial_date":"2022-05-31","net_assets":5918936,"cash":2813984}],"officers":{"current":3,"resigned":0,"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":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Green Circle Polymers possesses a rare strategic position: a debt-free balance sheet with £5.8M in net assets and £2.2M in cash, operating in a sector with structural regulatory tailwinds favoring polymer recovery. However, the company's dramatic workforce reduction to just two employees, combined with a balance sheet dominated by debtor balances rather than operational assets, suggests it has transitioned away from active trading—potentially into a holding vehicle. The critical strategic question is whether ownership intends to deploy this capital platform to recapture operational scale in the growing recycled polymer market, or whether the current structure represents a prelude to capital extraction or wind-down. Without clarified operational intent, the substantial balance sheet strength remains strategically inert.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/green-circle-polymers","people":"https://www.companiesintheuk.co.uk/company/green-circle-polymers/people","filing_history":"https://www.companiesintheuk.co.uk/company/green-circle-polymers/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC469312","financials":"https://www.companiesintheuk.co.uk/company/green-circle-polymers/financial","control":"https://www.companiesintheuk.co.uk/company/green-circle-polymers/control","charges":"https://www.companiesintheuk.co.uk/company/green-circle-polymers/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/green-circle-polymers/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/green-circle-polymers"}