PELLOWS WASTE DISPOSAL SERVICES LTD
🌳Matureactive
03377329 · ltd · incorporated 1997-05-29
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£1.18M
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
ALSO REGISTERED FOR
- 37000SIC 37000
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
8 live charges · 7 lenders · oldest 28.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 28.4 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
0 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 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
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,179,026
Cash draining
Cash down 41% YoY
Cash YoY
-41%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£137k
↓ 41% YoY
Net Worth
£1.2m
↑ 21% YoY
Current Assets
£1.2m
↓ 24% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £3.13M | £2.50M |
| Current assets | £1.20M | £1.59M |
| Cash | £137.2k | £234.4k |
| Debtors | £893.0k | £1.16M |
| Net assets | £1.18M | £975.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
1
filing
- • 1 confirmation-statement
Last 180 days
10
filings
- • 4 persons-with-significant-control
- • 3 capital
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-02-05📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2026-02-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-16📄capital-return-purchase-own-sharescapital · SH03
- 2026-01-06📄resolutionresolution · RESOLUTIONS
- 2026-01-06📄memorandum-articlesincorporation · MA
- 2026-01-03📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2026-01-02📄capital-cancellation-sharescapital · SH06
- 2025-07-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-04🔒Charge registered #8Lender: The Cornwall Council
- 2024-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-11🔒Charge registered #7Lender: Hsbc UK Bank PLC
- 2023-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-25📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-06➖MARTIN, Anthony John resigneddirector
- 2022-09-14🔒Charge registered #6Lender: Hsbc UK Bank PLC
- 2022-07-11🔒Charge registered #5Lender: Hsbc Invoice Finance (UK) LTD
- 2014-02-28➕MARTIN, Anthony James appointeddirector
- 2014-02-28➕MARTIN, James Peter appointeddirector
- 2014-02-28➕MARTIN, Linda Margaret Rose appointeddirector
- 2013-10-22🔓Charge satisfied #2
- 2013-09-06🔓Charge satisfied #3
- 2011-06-29🔒Charge registered #4Lender: Hsbc Bank PLC
- 2009-06-05🔒Charge registered #3Lender: Abbey National PLC Trading as Abbey National Business
- 1999-04-09🔓Charge satisfied #1
- 1999-02-12🔒Charge registered #2Lender: Barclays Bank PLC
- 1998-01-21🔒Charge registered #1Lender: Midland Bank PLC
- 1997-05-29🏢Company incorporatedAs PELLOWS WASTE DISPOSAL SERVICES LTD
- 1997-05-29➕MARTIN, Linda Margaret Rose appointedsecretary
- 1997-05-29➕BRISTOL LEGAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 1997-05-29➖BRISTOL LEGAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 1997-05-29➕MARTIN, Anthony John appointeddirector
- 1997-05-29➕BOURSE SECURITIES LIMITED appointedcorporate-nominee-director
- 1997-05-29➖BOURSE SECURITIES LIMITED resignedcorporate-nominee-director
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
63/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondary12+ year tenure: Director in role 12 years.
- secondaryStable-but-static management: Company is 29 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Similar companies
Active · Energy & utilities · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KERNOW WASTE DISPOSAL & AGGREGATES LTD→ 16275241 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LEADERS SEPTIC TANK EMPTYING CORNWALL LTD→ 12437032 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| LELLO HOLDINGS LIMITED→ 11449383 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| LIZARD MARINE SALVAGE & EXPLORATION LTD→ 13436267 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MAEN KARNE AGGREGATES LIMITED→ 05581711 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| MAWLA TRADING LIMITED→ 10584047 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| MOD GOD LTD→ 12393621 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| NICK FERRIS SKIP HIRE LIMITED→ 04299767 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| NOMADIC OFFSHORE WIND LIMITED→ 13457845 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| NSI WATER AND WASTEWATER SOLUTIONS LTD→ 04785670 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| PACKSHARE LTD→ 11542374 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| PENWITH TANK & DRAIN SERVICES LIMITED→ 16984188 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1997-05-29
Jurisdictionengland-wales
Primary SIC36000 — SIC 36000
Registered office
Carnon Valley Garage Carnon Valley
Carnon Downs
Truro
Cornwall
TR3 6LG
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-05-14
Last: 2026-04-30
Officers (4 active · 3 resigned)
MARTIN, Linda Margaret Rose→
Activesecretary · appointed 1997-05-29
View their other companies + combined net worth →
MARTIN, Anthony James→
Activedirector · ~36y · appointed 2014-02-28
View their other companies + combined net worth →
MARTIN, James Peter→
Activedirector · ~34y · appointed 2014-02-28
View their other companies + combined net worth →
MARTIN, Linda Margaret Rose→
Activedirector · ~62y · appointed 2014-02-28
View their other companies + combined net worth →
BRISTOL LEGAL SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-05-29 · resigned 1997-05-29
MARTIN, Anthony John→
Resigneddirector · ~81y · appointed 1997-05-29 · resigned 2022-10-06
BOURSE SECURITIES LIMITED→
Resignedcorporate-nominee-director · appointed 1997-05-29 · resigned 1997-05-29
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
5
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Cornwall Council | A registered charge | — | 04/10/2024 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 11/04/2023 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 14/09/2022 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 11/07/2022 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 29/06/2011 | — | |
| satisfied | Santander Abbey National PLC Trading as Abbey National Business | Mortgage debenture | 1 property | 05/06/2009 | 06/09/2013 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 12/02/1999 | 22/10/2013 | |
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 21/01/1998 | 09/04/1999 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (99 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-07
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2026-02-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-03
capital-return-purchase-own-shares
capital · SH03
2026-01-16
resolution
resolution · RESOLUTIONS
2026-01-06
memorandum-articles
incorporation · MA
2026-01-06
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-01-03
capital-cancellation-shares
capital · SH06
2026-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-30