RECONOMY (UK) LIMITED
🌳Matureactive
02951661 · ltd · incorporated 1994-07-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 60). Biggest value-creation lever: Consolidate lender relationships. 14 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
16 live charges · 14 lenders · oldest 31.8y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 31.8 years old — likely at or near maturity.
- · 14 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
29 officers (5 active, 29 linked, 21 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
212 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (106 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-groupaccounts · AA
- 2025-11-06➖LAUD, Harvey Stuart resigneddirector
- 2025-11-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-16📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2025-05-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-05-01➕VINCENT, Philip James appointeddirector
- 2025-05-01➖SULLIVAN, John Terence resignedsecretary
- 2025-05-01➖SULLIVAN, John Terence resigneddirector
- 2025-01-10📄capital-allotment-sharescapital · SH01
- 2024-10-10📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2024-09-25📄accounts-with-accounts-type-groupaccounts · AA
- 2024-07-03📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2024-02-14📄mortgage-charge-part-release-with-charge-numbermortgage · MR05
- 2023-11-21📄accounts-with-accounts-type-groupaccounts · AA
- 2023-02-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-21➕BUTLER, Andrew Marcus Curzon appointeddirector
- 2023-02-21➕WAKELEY, Guy Richard appointeddirector
- 2023-02-21➖NICHOLS, Matt Ward, Mr. resigneddirector
- 2023-02-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-09🔒Charge registered #16Lender: Kroll Trustee Services Limited
- 2022-08-12📄accounts-with-accounts-type-groupaccounts · AA
- 2022-07-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-28🔓Charge satisfied #15
- 2022-02-01📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2022-02-01📄legacycapital · SH20
- 2022-02-01⚠️legacyinsolvency · CAP-SS
- 2021-07-21🔓Charge satisfied #14
- 2021-07-21🔓Charge satisfied #13
- 2021-07-15🔒Charge registered #15Lender: Macquarie Euro Limited
- 2019-01-10➕LAUD, Harvey Stuart appointeddirector
- 2019-01-10➕NICHOLS, Matt Ward, Mr. appointeddirector
- 2018-12-20🔒Charge registered #14Lender: Macquarie Euro Limited
- 2018-04-18🔓Charge satisfied #12
- 2018-04-06🔒Charge registered #13Lender: Macquarie Euro Limited as Security Agent and Security Trustee for the Secured Parties
- 2017-08-08➖BENTON, David Trevor resigneddirector
- 2017-08-08➖NICHOLS, Matt Ward, Mr. resigneddirector
- 2017-04-28🔓Charge satisfied #11
- 2016-12-01🔒Charge registered #12Lender: Lloyds Bank Commercial Finance Limited
- 2016-06-20➕SULLIVAN, John Terence appointedsecretary
- 2016-06-20➕SULLIVAN, John Terence appointeddirector
- 2016-06-06➖PRICE, Christopher John resignedsecretary
- 2016-06-06➖PRICE, Christopher John resigneddirector
- 2013-03-26➕NICHOLS, Matt Ward, Mr. appointeddirector
- 2013-01-10🔓Charge satisfied #10
- 2013-01-10🔓Charge satisfied #9
- 2012-12-03🔒Charge registered #11Lender: Lloyds Tsb Commercial Finance Limited
Showing most recent 50 of 106 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 1 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-02-01: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Os Phoenix Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Os Phoenix Bidco Limited
Corporate parent · holds 75-100% shares
⬇
RECONOMY (UK) LIMITED
This company · 02951661
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Os Phoenix Bidco Limited Corporate entity | 75–100% | — | 75-100% shares | 30/09/2019 |
1 historic (ceased) PSC
- Outsourcinig Strategies 5 Ltdceased 30/09/2019· 75-100% shares
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 →Similar companies
Active · Energy & utilities · TF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 707 LIMITED→ 04608334 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ACEON ENERGY LTD→ 12697832 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACM ENVIRONMENTAL LIMITED→ 03288773 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ADVANCED WASTE SOLUTIONS LTD→ 07576995 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AIRTEMP CONTROL LIMITED→ 06517082 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AQUASOFT SYSTEMS LIMITED→ 08439322 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AQUASWIFT LIMITED→ 05500189 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BAILEYS UTILITIES AND TRAINING LTD→ 15777727 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BIOG-UK LTD→ 07328904 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| C & M WASTE MANAGEMENT LIMITED→ 06220059 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CEDAR ENERGY LIMITED→ 06973738 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| CIRCLE WASTE LTD→ 11239466 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated1994-07-22
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000
Registered office
Kelsall House Stafford Court
Stafford Park 1
Telford
Shropshire
TF3 3BD
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-16
Last: 2026-01-02
Officers (5 active · 24 resigned)
BENTON, Michael→
Activedirector · ~60y · appointed 2010-10-29
View their other companies + combined net worth →
BUTLER, Andrew Marcus Curzon→
Activedirector · ~56y · appointed 2023-02-21
View their other companies + combined net worth →
COX, Paul Anthony→
Activedirector · ~58y · appointed 2003-07-31
View their other companies + combined net worth →
VINCENT, Philip James→
Activedirector · ~57y · appointed 2025-05-01
View their other companies + combined net worth →
WAKELEY, Guy Richard→
Activedirector · ~56y · appointed 2023-02-21
View their other companies + combined net worth →
JOHNSON, Karin Mary→
Resignedsecretary · appointed 1994-07-25 · resigned 2001-04-20
NEWTON, Roger→
Resignedsecretary · appointed 2009-12-23 · resigned 2011-03-24
PRICE, Christopher John→
Resignedsecretary · appointed 2011-03-25 · resigned 2016-06-06
REED, Michael Geoffrey→
Resignedsecretary · appointed 2009-10-01 · resigned 2009-12-23
SPRAGUE, Philip Arthur→
Resignedsecretary · appointed 2001-04-12 · resigned 2009-09-30
SULLIVAN, John Terence→
Resignedsecretary · appointed 2016-06-20 · resigned 2025-05-01
BRITANNIA COMPANY FORMATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-07-22 · resigned 1994-07-25
BENTON, David Trevor→
Resigneddirector · ~77y · appointed 2001-04-12 · resigned 2017-08-08
HODGSON, Richard→
Resigneddirector · ~58y · appointed 2008-12-18 · resigned 2009-12-18
HUDSON, Richard William Charles→
Resigneddirector · ~58y · appointed 2009-02-02 · resigned 2010-08-24
JOHNSON, Karin Mary→
Resigneddirector · ~78y · appointed 1994-08-08 · resigned 2001-04-20
JOHNSON, Keith→
Resigneddirector · ~67y · appointed 1994-07-25 · resigned 2001-04-20
LAUD, Harvey Stuart→
Resigneddirector · ~62y · appointed 2019-01-10 · resigned 2025-11-06
MARTIN, Christopher Peter→
Resigneddirector · ~54y · appointed 2001-04-24 · resigned 2012-01-01
NICHOLS, Matt Ward, Mr.→
Resigneddirector · ~64y · appointed 2019-01-10 · resigned 2023-02-21
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
1
Outstanding
1
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kroll Trustee Services Kroll Trustee Services Limited | A registered charge | 1 property | 09/11/2022 | — | |
| satisfied | Macquarie Euro Macquarie Euro Limited | A registered charge | 1 property | 15/07/2021 | 28/07/2022 | |
| satisfied | Macquarie Euro Macquarie Euro Limited | A registered charge | 2 properties | 20/12/2018 | 21/07/2021 | |
| satisfied | Macquarie Euro as Security Agent and Security Trustee for the Secured Parties Macquarie Euro Limited as Security Agent and Security Trustee for the Secured Parties | A registered charge | 1 property | 06/04/2018 | 21/07/2021 | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | — | 01/12/2016 | 18/04/2018 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 03/12/2012 | 28/04/2017 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 21/07/2010 | 10/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC (The Security Trustee) | Debenture | 1 property | 16/04/2008 | 10/01/2013 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | Floating charge | 1 property | 10/02/2005 | 23/04/2008 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | Fixed charge on purchased debts which fail to vest | 1 property | 10/02/2005 | 23/04/2008 | |
| satisfied | Fortis Commercial Finance Fortis Commercial Finance Limited | Debenture | 1 property | 01/08/2003 | 10/06/2006 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 22/05/2001 | 23/04/2008 | |
| satisfied | Ge Capital Commercial Finance Ge Capital Commercial Finance Limited | All assets debenture | 1 property | 20/04/2001 | 02/02/2005 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) Limited | Fixed and floating charge | 1 property | 15/09/2000 | 26/04/2001 | |
| satisfied | Griffin Credit Services Griffin Credit Services Limited | Fixed charge on purchased debts which fail to vest | 1 property | 01/03/1999 | 26/04/2001 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 18/08/1994 | 26/04/2001 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (212 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-group
accounts · AA
2025-12-15
termination-director-company-with-name-termination-date
officers · TM01
2025-11-06
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2025-10-16
appoint-person-director-company-with-name-date
officers · AP01
2025-05-12
termination-director-company-with-name-termination-date
officers · TM01
2025-05-12
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-12
capital-allotment-shares
capital · SH01
2025-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-04
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2024-10-10
accounts-with-accounts-type-group
accounts · AA
2024-09-25
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2024-07-03
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-16
accounts-with-accounts-type-group
accounts · AA
2023-11-21