EUROKEY RECYCLING LIMITED
🌳Matureactive
03089592 · ltd · incorporated 1995-08-10
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
79/100
Strong
What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 19.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 19.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
32 connected companies via shared directors
90
Filing history
138 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-fullaccounts · AA
- 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
- 2024-09-25📄accounts-with-accounts-type-fullaccounts · AA
- 2023-11-22📄accounts-with-accounts-type-fullaccounts · AA
- 2023-02-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-21➕WAKELEY, Guy Richard appointeddirector
- 2022-11-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-09🔒Charge registered #4Lender: Kroll Trustee Services Limited
- 2022-08-12📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-28🔓Charge satisfied #3
- 2022-02-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2021-07-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-15🔒Charge registered #3Lender: Macquarie Euro Limited
- 2021-04-09📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-04-09📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-04-03📄resolutionresolution · RESOLUTIONS
- 2021-04-03📄memorandum-articlesincorporation · MA
- 2021-04-03📄statement-of-companys-objectschange-of-constitution · CC04
- 2021-03-30📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-03-22📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-03-19➕COX, Paul Anthony appointeddirector
- 2021-03-19➖DHILLON, Harinder Singh resignedsecretary
- 2021-03-19➕SULLIVAN, John Terence appointedsecretary
- 2021-03-19➖DHILLON, Belinder Kaur resigneddirector
- 2021-03-19➕SULLIVAN, John Terence appointeddirector
- 2021-03-09🔓Charge satisfied #1
- 2019-10-31🔓Charge satisfied #2
- 2013-07-04🔒Charge registered #2Lender: Lombard North Central PLC
- 2007-02-28🔒Charge registered #1Lender: National Westminster Bank PLC
- 2000-09-25➕DHILLON, Harinder Singh appointeddirector
- 1998-03-20➕DHILLON, Belinder Kaur appointeddirector
- 1998-03-20➖DHILLON, Sukhray Singh resigneddirector
- 1996-07-01➕DHILLON, Sukhray Singh appointeddirector
- 1996-07-01➖SANDHU, Guringer resigneddirector
- 1995-08-10🏢Company incorporatedAs EUROKEY RECYCLING LIMITED
- 1995-08-10➕DHILLON, Harinder Singh appointedsecretary
- 1995-08-10➕FIRST SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1995-08-10➖FIRST SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1995-08-10➕SANDHU, Guringer appointeddirector
- 1995-08-10➕FIRST DIRECTORS LIMITED appointedcorporate-nominee-director
- 1995-08-10➖FIRST DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — 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 58. Early succession window.
- primary20+ year tenure: Director in role 26 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 med ·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
Eurokey Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Eurokey Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
EUROKEY RECYCLING LIMITED
This company · 03089592
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 |
|---|---|---|---|---|
Eurokey Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/12/2019 |
2 historic (ceased) PSCs
- Mrs Belinder Kaur Dhillonceased 24/12/2019· 25-50% shares
- Mr Harinder Singh Dhillonceased 24/12/2019· 25-50% 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 |
|---|---|---|---|---|---|---|---|
| ADVANCED WASTE SOLUTIONS LTD→ 07576995 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| 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 | — | — |
| C & M WASTE MANAGEMENT LIMITED→ 06220059 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CEDAR ENERGY LIMITED→ 06973738 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ENVEO ASTON LTD→ 14532050 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EUROKEY HOLDINGS LIMITED→ 12345363 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GOODS DIRECT EUROPE LTD→ 13462220 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HB SKIPS LTD→ 15134604 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HEATING HOMES & PLUMBING LTD→ 15950990 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HYVE'ED CIC→ 16774469 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1995-08-10
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320
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: 2026-08-24
Last: 2025-08-10
Officers (4 active · 8 resigned)
COX, Paul Anthony→
Activedirector · ~58y · appointed 2021-03-19
View their other companies + combined net worth →
DHILLON, Harinder Singh→
Activedirector · ~56y · appointed 2000-09-25
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 →
DHILLON, Harinder Singh→
Resignedsecretary · appointed 1995-08-10 · resigned 2021-03-19
SULLIVAN, John Terence→
Resignedsecretary · appointed 2021-03-19 · resigned 2025-05-01
FIRST SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-08-10 · resigned 1995-08-10
DHILLON, Belinder Kaur→
Resigneddirector · ~58y · appointed 1998-03-20 · resigned 2021-03-19
DHILLON, Sukhray Singh→
Resigneddirector · ~73y · appointed 1996-07-01 · resigned 1998-03-20
SANDHU, Guringer→
Resigneddirector · ~53y · appointed 1995-08-10 · resigned 1996-07-01
SULLIVAN, John Terence→
Resigneddirector · ~61y · appointed 2021-03-19 · resigned 2025-05-01
FIRST DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 1995-08-10 · resigned 1995-08-10
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 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 | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 04/07/2013 | 31/10/2019 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 28/02/2007 | 09/03/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (138 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
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
accounts-with-accounts-type-full
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-15
accounts-with-accounts-type-full
accounts · AA
2023-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-17
appoint-person-director-company-with-name-date
officers · AP01
2023-02-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-24
accounts-with-accounts-type-full
accounts · AA
2022-08-12
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-02-01