RECYCLING WEST COUNTRY LTD
🌳Matureactive
04827391 · ltd · incorporated 2003-07-09
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 19.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · oldest 19.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 200 | 200 |
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
1
filing
- • 1 address
Last 180 days
3
filings
- • 1 address
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-03-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-31📄change-person-director-companyofficers · CH01
- 2024-05-30📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-09📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-09📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-03➕BARRETT, Catherine Elizabeth appointeddirector
- 2019-06-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-12-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-16➖BARRETT, Deborah Maureen resignedsecretary
- 2017-01-16➖BARRETT, Deborah Maureen resigneddirector
- 2017-01-10🔓Charge satisfied #2
- 2011-07-04🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2009-04-21🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 2007-04-24🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2007-03-09🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2003-09-01➕BARRETT, Mark Albert appointeddirector
- 2003-09-01➕BARRETT, Deborah Maureen appointedsecretary
- 2003-09-01➕BARRETT, Deborah Maureen appointeddirector
- 2003-07-14➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2003-07-14➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2003-07-09🏢Company incorporatedAs RECYCLING WEST COUNTRY LTD
- 2003-07-09➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2003-07-09➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
84/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Albert Barrett Individual · British · DOB 11/1966 · age 60 | 75–100% | — | 75-100% shares | 09/07/2016 |
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 →Similar companies
Active · Energy & utilities · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NOMADIC OFFSHORE WIND LIMITED→ 13457845 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PHOENIX WASTE UK LTD→ 10799747 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| POLVENNA LIMITED→ 16415109 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PREMIER WATER SOLUTIONS 10 LTD→ 11445512 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| RUBBISH AND HOUSEHOLD CLEARANCES CORNWALL LIMITED→ 16066170 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RUBBISH AND WASTE REMOVAL LTD→ 10645005 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| S D S (SOUTH WEST) LIMITED→ 08864468 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| SCILLY COASTAL CLEAN-UP CIC→ 16244886 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SHARPNESS WIND PROJECT LIMITED→ 09259832 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SHERIFFHALES SOLAR COMMUNITY INTEREST COMPANY→ 09643746 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SIMPLY BLUE ENERGY (ORKNEY) LIMITED→ 09404079 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| SIMPLY BLUE ENERGY WIND LIMITED→ 10892586 · est 2017 · 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
Incorporated2003-07-09
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210
Registered office
11 11
Alverton Terrace
Penzance
Cornwall
TR18 4JH
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31
Officers (2 active · 4 resigned)
BARRETT, Catherine Elizabeth→
Activedirector · ~60y · appointed 2019-06-03
View their other companies + combined net worth →
BARRETT, Mark Albert→
Activedirector · ~60y · appointed 2003-09-01
View their other companies + combined net worth →
BARRETT, Deborah Maureen→
Resignedsecretary · appointed 2003-09-01 · resigned 2017-01-16
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2003-07-09 · resigned 2003-07-14
BARRETT, Deborah Maureen→
Resigneddirector · ~59y · appointed 2003-09-01 · resigned 2017-01-16
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2003-07-09 · resigned 2003-07-14
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 04/07/2011 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 21/04/2009 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 24/04/2007 | 10/01/2017 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 09/03/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (80 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
change-person-director-company
officers · CH01
2024-05-31
change-person-director-company-with-change-date
officers · CH01
2024-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
change-person-director-company-with-change-date
officers · CH01
2024-05-09
change-person-director-company-with-change-date
officers · CH01
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-08