GHS RECYCLING LIMITED

💤Zombieactive
04375437 · ltd · incorporated 2002-02-15
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£302.0k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (68/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £301,959

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£302k
Current Assets
£233k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-31
Total assets£328.8k
Current assets£233.2k
Net assets£302.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
2
filings
  • 1 resolution
  • 1 incorporation
Last 180 days
4
filings
  • 1 resolution
  • 1 incorporation
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-06-10
    📄
    resolution
    resolution · RESOLUTIONS
  2. 2026-06-10
    📄
    memorandum-articles
    incorporation · MA
  3. 2026-02-10
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-11-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-11-11
    HARRIS, Guy Reginald resigned
    director
  7. 2024-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2021-03-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2021-03-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2020-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-12-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2018-02-21
    HARRIS, Rachael Elizabeth appointed
    director
  19. 2002-02-15
    🏢
    Company incorporated
    As GHS RECYCLING LIMITED
  20. 2002-02-15
    HARRIS, James Joseph Guy appointed
    secretary
  21. 2002-02-15
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  22. 2002-02-15
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  23. 2002-02-15
    HARRIS, Guy Reginald appointed
    director
  24. 2002-02-15
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  25. 2002-02-15
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Miss Rachael Harris
Individual · British · DOB 05/1986 · age 40
2550%
25-50% shares05/01/2020
Mr James Harris
Individual · British · DOB 06/1982 · age 44
2550%
25-50% shares05/01/2020
1 historic (ceased) PSC
  • Mr Guy Reginald Harrisceased 05/01/2020· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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14910331 · est 2023 · no financials extracted
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14886765 · est 2023 · no financials extracted
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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
Incorporated2002-02-15
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320

Registered office

Unit 32 Ackworth Road
Shawcross Industrial Park
Hilsea
Portsmouth
PO3 5JP

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-01
Last: 2026-02-15

Officers (2 active · 3 resigned)

HARRIS, James Joseph Guy
secretary · appointed 2002-02-15
View their other companies + combined net worth →
Active
HARRIS, Rachael Elizabeth
director · ~40y · appointed 2018-02-21
View their other companies + combined net worth →
Active
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2002-02-15 · resigned 2002-02-15
Resigned
HARRIS, Guy Reginald
director · ~78y · appointed 2002-02-15 · resigned 2025-11-11
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 2002-02-15 · resigned 2002-02-15
Resigned

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

Recent filings (70 total)

resolution
resolution · RESOLUTIONS
2026-06-10
memorandum-articles
incorporation · MA
2026-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-25
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2026-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
termination-director-company-with-name-termination-date
officers · TM01
2025-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-03-12