# GREEN THREAD RECYCLING LTD (14707248)

> GREEN THREAD RECYCLING LTD is an active private limited company (company number 14707248) incorporated on 6 March 2023, registered in Newcastle-Upon-Tyne. Its registered activity is collection of non-hazardous waste (SIC 38110). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £28k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 15% on the prior period (£24k).

- Status: Active
- Incorporated: 2023-03-06
- Registered office: Newcastle-Upon-Tyne, NE16 3BU
- SIC 38110: Collection of non-hazardous waste
- SIC 46410: Wholesale of textiles
- SIC 46420: Wholesale of clothing and footwear
- SIC 46770: Wholesale of waste and scrap
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-20
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 68 comparable companies in Newcastle (median £22, upper quartile £8,455).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £28k | — | — | £37k | — | — | 3 |
| 2024-03-31 | £24k | — | — | £30k | — | — | 2 |

current ratio 1.02; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £27,628 at 31 March 2025
- Net assets up 10% or more on the prior period: +14.6% vs prior period
- Incorporated two to five years ago: Incorporated 6 March 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Airikas Bystautas — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-03-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/14707248
HTML: https://firmoscan.com/company/14707248-green-thread-recycling-ltd