September 27, 2016 6:26 AM ET

Capital Markets

Company Overview of Verdes Management plc

Company Overview

As of August 17, 2015, Verdes Management plc was acquired by REACT SC Holdings Limited in a reverse merger transaction. Verdes Management plc offers rapid response deep cleaning and emergency decontamination services for facilities management, transportation, emergency services and custodial, commercial, manufacturing, housing, education, and healthcare sectors. Its services include graffiti removal and protection; litter picking in public parks; clearance of areas where drug users have left needles and other parafinalia; ducting and fan cleaning; pigeon guano removal and anti bird services; fire damage; communal corridors and stairwell cleaning; clinical and non-clinical waste disposal; hig...

Stanhope Road

Swadlincote

Burton-on-Trent,  DE11 9BE

United Kingdom

Founded in 2005

3 Employees

Phone:

44 12 8355 0503

Key Executives for Verdes Management plc

Verdes Management plc does not have any Key Executives recorded.

Verdes Management plc Key Developments

REACT Group plc Announces Unaudited Consolidated Financial Results for the Period from June 24, 2015 to September 30, 2015

REACT Group plc announced unaudited consolidated financial results for the period from June 24, 2015 to September 30, 2015. For the period ended 30 September 2015, turnover was £704,000, operating loss was £35,000, loss before Income tax was £1,189,000, and loss for the period was £1,209,000 or 0.76 pence per basic and diluted share. Net cash outflow from operating activities was £205,000 and purchases of property, plant and equipment was £184,000.

React Group Plc Announces Board Changes

React Group Plc announced the appointment of Simon Woolley to the board of the company with immediate effect as a non-executive director. Simon is a qualified solicitor having been a partner at DLA Piper from 1993 to 2009. This included acting as Managing Partner of DLA Piper's Manchester office from 2006 to 2009, and sitting on the DLA Piper International LLP main board from 2005 to 2008. He has significant experience as an advisor to a public and private companies and has acted on over 400 transactions across a number of sectors (with deal values up to £1.1 billion). Simon left DLA Piper to found EOS Law LLP. Despite growing strongly over two years, the business entered administration following withdrawal of bank support. More recently, Simon has been providing corporate finance and strategic advice to entrepreneurial businesses. In addition, non-executive director Stephen Foster has stepped down from the board with immediate effect.

REACT Group plc Creates Two New Wholly-Owned Subsidiaries: REACT Environmental Services Ltd and REACT Occupational Hygiene Services Ltd

REACT Group PLC announced the expansion of its service offerings into licensed asbestos removal and occupational hygiene services. REACT has acquired certain capital equipment, for a small sum, from two separate businesses which have previously operated in these fields, and recruited a specialist in each area. REACT has created two new wholly-owned subsidiaries: REACT Environmental Services Ltd. (RES) and REACT Occupational Hygiene Services Ltd. (ROHSL), which will be able to offer a wider and complementary range of managed services to its growing client portfolio, as set out below: Asbestos: Full Asbestos removal - Licensed and Non-Licensed, Asbestos surveys, Asbestos soil testing, Soil contamination testing, Full reinstatement after removal. Occupational Hygiene: Indoor air quality testing, Occupational exposure monitoring, Acoustic surveys, Biological contaminates, Hazard surveys, Mold detection.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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