SX ENVIRONMENTAL SUPPLIES LTD

⚰️Wound downdissolved
03226765 · ltd · incorporated 1996-07-18
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 72/100. Strong seller-intent signal (73/100, director aged 67). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 17.0y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 17.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
16 officers (2 active, 16 linked, 12 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
119 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
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
0
filings
Counts from Companies House filing history.
Corporate timeline (59 events)Click to expand
  1. 2022-08-02
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2022-08-02
    🏁
    Company dissolved
  3. 2022-05-17
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-05-05
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2022-02-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-02-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-02-15
    WHITWORTH, Derek Charles appointed
    director
  8. 2022-02-15
    MILNER, Andrew Rex resigned
    director
  9. 2021-08-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-03-16
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  11. 2020-10-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-03-06
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2020-03-05
    SQUIRE PATTON BOGGS SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  14. 2019-10-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-10-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-09-21
    DEVLIN, Paul John resigned
    director
  17. 2019-09-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-09-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-09-03
    LARCOMBE, Claire Elizabeth appointed
    director
  20. 2019-09-03
    MILNER, Andrew Rex appointed
    director
  21. 2019-08-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2019-07-30
    MANGION, Peter Anthony resigned
    director
  23. 2019-07-25
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  24. 2019-07-24
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  25. 2018-10-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  26. 2018-09-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2018-08-15
    DEVLIN, Paul John appointed
    director
  28. 2018-07-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2018-07-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2018-06-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2018-05-28
    FOURNIER, Nicolas Stephane Frederic resigned
    director
  32. 2017-08-30
    🔓
    Charge satisfied #3
  33. 2017-08-26
    STOTT, David resigned
    director
  34. 2017-08-23
    FOURNIER, Nicolas Stephane Frederic appointed
    director
  35. 2016-06-30
    VOETS, Nik resigned
    director
  36. 2015-06-03
    VOETS, Nik appointed
    director
  37. 2015-03-02
    SPENCE, James Craig resigned
    director
  38. 2015-01-08
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC as Security Trustee
  39. 2014-12-19
    🔓
    Charge satisfied #2
  40. 2012-12-31
    NELSON, Michael resigned
    director
  41. 2012-12-31
    STOTT, David appointed
    director
  42. 2012-02-15
    🔓
    Charge satisfied #1
  43. 2012-02-10
    BYE, Robert Andrew resigned
    secretary
  44. 2012-02-10
    SQUIRE PATTON BOGGS SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  45. 2012-02-10
    LUNN, Richard Anthony resigned
    director
  46. 2012-02-10
    MANGION, Peter Anthony appointed
    director
  47. 2012-02-10
    NELSON, Michael appointed
    director
  48. 2012-02-10
    SPENCE, James Craig appointed
    director
  49. 2012-02-10
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC (Trading as Yorkshire Bank) (Security Trustee)
  50. 2009-06-16
    🔒
    Charge registered #1
    Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Showing most recent 50 of 59 events

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-08-02

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

Pelsis Holding (Uk) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Pelsis Holding (Uk) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SX ENVIRONMENTAL SUPPLIES LTD
This company · 03226765

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%
NameSharesVoting rightsNature of controlNotified
Pelsis Holding (Uk) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

8 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

Statusdissolved
Typeltd
Incorporated1996-07-18
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Sterling House
Grimbald Crag Close
Knaresborough
North Yorkshire
HG5 8PJ

Filing status

Accounts
Next due:
Last made up to: 2020-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 14 resigned)

LARCOMBE, Claire Elizabeth
director · ~43y · appointed 2019-09-03
View their other companies + combined net worth →
Active
WHITWORTH, Derek Charles
director · ~67y · appointed 2022-02-15
View their other companies + combined net worth →
Active
BYE, Robert Andrew
secretary · appointed 1996-07-18 · resigned 2012-02-10
Resigned
SQUIRE PATTON BOGGS SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2012-02-10 · resigned 2020-03-05
Resigned
WATERLOW SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1996-07-18 · resigned 1996-07-18
Resigned
DEVLIN, Paul John
director · ~60y · appointed 2018-08-15 · resigned 2019-09-21
Resigned
FOURNIER, Nicolas Stephane Frederic
director · ~54y · appointed 2017-08-23 · resigned 2018-05-28
Resigned
LUNN, Richard Anthony
director · ~57y · appointed 1996-07-18 · resigned 2012-02-10
Resigned
MANGION, Peter Anthony
director · ~65y · appointed 2012-02-10 · resigned 2019-07-30
Resigned
MILNER, Andrew Rex
director · ~65y · appointed 2019-09-03 · resigned 2022-02-15
Resigned
NELSON, Michael
director · ~54y · appointed 2012-02-10 · resigned 2012-12-31
Resigned
PARSLOW, Michael
director · ~76y · appointed 2001-04-06 · resigned 2001-12-17
Resigned
SPENCE, James Craig
director · ~60y · appointed 2012-02-10 · resigned 2015-03-02
Resigned
STOTT, David
director · ~46y · appointed 2012-12-31 · resigned 2017-08-26
Resigned
VOETS, Nik
director · ~56y · appointed 2015-06-03 · resigned 2016-06-30
Resigned
WATERLOW NOMINEES LIMITED
corporate-nominee-director · appointed 1996-07-18 · resigned 1996-07-18
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Trustee
A registered charge3 properties08/01/201530/08/2017
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Yorkshire Bank) (Security Trustee)
Security deed of accession1 property10/02/201219/12/2014
satisfied
HSBC
Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Fixed charge on non-vesting debts and floating charge1 property16/06/200915/02/2012

Recent filings (119 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-08-02
gazette-notice-voluntary
gazette · GAZ1(A)
2022-05-17
dissolution-application-strike-off-company
dissolution · DS01
2022-05-05
termination-director-company-with-name-termination-date
officers · TM01
2022-02-24
appoint-person-director-company-with-name-date
officers · AP01
2022-02-21
accounts-with-accounts-type-dormant
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-12
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2021-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-02
accounts-with-accounts-type-dormant
accounts · AA
2020-10-26
termination-secretary-company-with-name-termination-date
officers · TM02
2020-03-06
accounts-with-accounts-type-dormant
accounts · AA
2019-10-05
termination-director-company-with-name-termination-date
officers · TM01
2019-10-03
appoint-person-director-company-with-name-date
officers · AP01
2019-09-17
appoint-person-director-company-with-name-date
officers · AP01
2019-09-17