ASM METAL RECYCLING LTD.

📉Decliningactive
00924379 · ltd · incorporated 1967-12-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pursue
Conservative operator with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (60/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

3 live charges · oldest 42.1y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 42.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 8 with DOB)
86
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
141 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,151,496

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Profit before tax£1.15M£3.15M
Average employees848300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-09-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-01-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-01-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-01-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-06-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2023-07-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2022-07-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2021-07-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2020-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2020-01-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2019-07-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2019-01-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2019-01-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2018-11-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2018-07-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-07-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-05-18
    MCDONAGH, Christopher Anthony resigned
    secretary
  18. 2018-05-18
    MCDONAGH, Christopher Anthony resigned
    director
  19. 2017-11-15
    🔓
    Charge satisfied #2
  20. 2017-09-26
    🔓
    Charge satisfied #1
  21. 2007-09-24
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  22. 2003-02-17
    MCDONAGH, Paul Martin appointed
    director
  23. 2001-01-24
    MORGAN, Christopher James appointed
    director
  24. 2001-01-24
    MCDONAGH, Paul Martin resigned
    director
  25. 2001-01-24
    MCDONAGH, Sylvester Christopher Patrick resigned
    director
  26. 1998-09-23
    MCDONAGH, Christopher Anthony appointed
    secretary
  27. 1998-09-23
    MCDONAGH, Sylvester Christopher Patrick resigned
    secretary
  28. 1998-09-23
    MCDONAGH, Patricia Ann resigned
    director
  29. 1998-08-01
    MCDONAGH, Christopher Anthony appointed
    director
  30. 1998-08-01
    MCDONAGH, Paul Martin appointed
    director
  31. 1993-04-30
    COULSON, Roger Edward resigned
    director
  32. 1988-06-02
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  33. 1984-04-24
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  34. 1967-12-08
    🏢
    Company incorporated
    As ASM METAL RECYCLING LTD.

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 58 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Tasmar Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Tasmar Limited
Corporate parent
ASM METAL RECYCLING LTD.
This company · 00924379

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Tasmar Limited
Corporate entity
75–100%75-100% voting06/04/2016
Mr Paul Martin Mcdonagh
Individual · British · DOB 08/1971 · age 55
5075%
50-75% shares06/04/2016
Paul Mcdonald
Individual · British · DOB 02/1965 · age 61
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Christopher Anthony Mcdonaghceased 29/03/2019· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1967-12-08
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320

Registered office

55 Station Road
Beaconsfield
Buckinghamshire
HP9 1QL

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01

Officers (3 active · 7 resigned)

MCDONAGH, Paul Martin
director · ~55y · appointed 2003-02-17
View their other companies + combined net worth →
Active
MCDONALD, Paul Valentine
director · ~61y
View their other companies + combined net worth →
Active
MORGAN, Christopher James
director · ~63y · appointed 2001-01-24
View their other companies + combined net worth →
Active
MCDONAGH, Christopher Anthony
secretary · appointed 1998-09-23 · resigned 2018-05-18
Resigned
MCDONAGH, Sylvester Christopher Patrick
secretary · resigned 1998-09-23
Resigned
COULSON, Roger Edward
director · ~78y · resigned 1993-04-30
Resigned
MCDONAGH, Christopher Anthony
director · ~53y · appointed 1998-08-01 · resigned 2018-05-18
Resigned
MCDONAGH, Patricia Ann
director · ~80y · resigned 1998-09-23
Resigned
MCDONAGH, Paul Martin
director · ~55y · appointed 1998-08-01 · resigned 2001-01-24
Resigned
MCDONAGH, Sylvester Christopher Patrick
director · ~79y · resigned 2001-01-24
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Guarantee & debenture1 property24/09/2007
satisfied
Barclays
Barclays Bank PLC
Debenture1 property02/06/198815/11/2017
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties24/04/198426/09/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (141 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-full
accounts · AA
2025-09-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-01-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
accounts-with-accounts-type-full
accounts · AA
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-full
accounts · AA
2023-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-full
accounts · AA
2022-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-22
accounts-with-accounts-type-full
accounts · AA
2021-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-26
accounts-with-accounts-type-full
accounts · AA
2020-10-05