JOHNSONS SCRAP METAL LIMITED

🌳Matureactive
01805575 · ltd · incorporated 1984-04-03
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 36.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

3 live charges · oldest 36.8y

65/100
clean up first

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

  • · Oldest live charge is 36.8 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 (80/100)

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
8 officers (4 active, 8 linked, 7 with DOB)
88
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-03-312023-03-31
Average employees600700

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
4
filings
  • 2 officers
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-22
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-03-05
    JOHNSON, Andrew Phillip resigned
    director
  6. 2026-03-05
    JOHNSON, Ian Christoper resigned
    director
  7. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-10-21
    MILNER, Michael John resigned
    director
  14. 2020-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2020-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2020-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2020-04-27
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  18. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2017-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2004-12-20
    JOHNSON, Suzanne Ruth resigned
    director
  22. 1993-03-15
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  23. 1989-09-29
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  24. 1989-09-29
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  25. 1984-04-03
    🏢
    Company incorporated
    As JOHNSONS SCRAP METAL LIMITED

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Founder name in company name: Company name contains director surname "JOHNSON" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 87 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-03

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: JOHNSON, Andrew Phillip resigned 2026-03-05; JOHNSON, Ian Christoper resigned 2026-03-05

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ian Christopher Johnson
Individual · British · DOB 07/1963 · age 63
2550%
25-50% shares08/04/2020
Mr Bruce Alexander Johnson
Individual · British · DOB 06/1966 · age 60
2550%
25-50% shares08/04/2020
Mr Andrew Philip Johnson
Individual · British · DOB 06/1962 · age 64
2550%
25-50% shares08/04/2020

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

11 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
Incorporated1984-04-03
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210

Registered office

Plot 3 Crowland Industrial Est
Crowland Street
Southport
Lancashire
PR9 7RJ

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-01-03OVERDUE
Last: 2024-12-20

Officers (4 active · 4 resigned)

JOHNSON, Andrew Phillip
secretary
View their other companies + combined net worth →
Active
JOHNSON, Brenda
director · ~85y
View their other companies + combined net worth →
Active
JOHNSON, Bruce Alexander
director · ~60y
View their other companies + combined net worth →
Active
JOHNSON, David
director · ~87y
View their other companies + combined net worth →
Active
JOHNSON, Andrew Phillip
director · ~64y · resigned 2026-03-05
Resigned
JOHNSON, Ian Christoper
director · ~63y · resigned 2026-03-05
Resigned
JOHNSON, Suzanne Ruth
director · ~56y · resigned 2004-12-20
Resigned
MILNER, Michael John
director · ~87y · resigned 2020-10-21
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property15/03/1993
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property29/09/1989
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property29/09/1989
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (118 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-04-22
gazette-notice-compulsory
gazette · GAZ1
2026-04-14
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-21
termination-director-company-with-name-termination-date
officers · TM01
2020-11-03