Recycle Local, LLC
View this filing on EDGAR (filing index, accession 0002062677-25-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Recycle Local, LLC | (Form C, issuer information) |
|---|---|---|
| State | PA | (Form C, issuer information) |
| Platform | Honeycomb Portal LLC | (Form C, issuer information) |
| Filing date | 2025-03-31 | (EDGAR filing index) |
| Date of incorporation | 2013-03-12 | (Form C, issuer information) |
| Employees | 4 | (Form C, issuer information) |
| Security offered | Debt | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $40,000 | (Form C, offering information) |
| Maximum ask | $60,000 | (Form C, offering information) |
| Offering deadline | 2025-05-01 | (Form C, offering information) |
| Platform compensation | 8.5% of the total offering amount upon a successful raise. Platform Fee corresponding to selected level of service. 3% investment fee capped at $50. Credit Card: 4.5%, capped at $1,000. Honeycomb Wallet: 0%; Hybrid (HW + ACH): 2%, capped at $30 | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $1,150,218 | $898,509 | (Form C, financial summary) |
| Cost of goods sold | $1,021,839 | $692,505 | (Form C, financial summary) |
| Net income | -$2,363 | $48,388 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $32,296 | $51,082 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $30,700 | $53,400 | (Form C, financial summary) |
| Short-term debt | $15,283 | $12,076 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Want the weekly briefing? Subscribe free.