ASH METAL RECYCLING LIMITED

🌳Matureactive
05341692 · ltd · incorporated 2005-01-25
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (50/100).

🏦

Refinance opportunity

3 live charges · oldest 21.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 21.3 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 (74/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees8

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

🔒Filing-note intelligence

4 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
1
filing
  • 1 mortgage
Last 90 days
1
filing
  • 1 mortgage
Last 180 days
2
filings
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-05-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-05-14
    🔓
    Charge satisfied #1
  3. 2025-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2025-01-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-12-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-12-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-12-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-01-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2019-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2018-11-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2018-04-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2018-04-12
    FRAY, Jonathan Peter appointed
    director
  13. 2017-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2016-12-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2016-09-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2016-08-30
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  17. 2016-04-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2010-11-01
    POLLARD, Lyndsey Patricia resigned
    secretary
  20. 2006-03-16
    HAYCOCK, Steven Lea appointed
    secretary
  21. 2005-03-09
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  22. 2005-02-24
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  23. 2005-01-25
    🏢
    Company incorporated
    As ASH METAL RECYCLING LIMITED
  24. 2005-01-25
    HASSAL, Neil Alan Darcy appointed
    director
  25. 2005-01-25
    POLLARD, Lyndsey Patricia appointed
    secretary
  26. 2005-01-25
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  27. 2005-01-25
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  28. 2005-01-25
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  29. 2005-01-25
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

68/100
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.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

61/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-18

Group structure

Ash Group (Uk) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ash Group (Uk) Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ASH METAL RECYCLING LIMITED
This company · 05341692

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
Ash Group (Uk) Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Alan's Skip Hire Ltdceased 06/04/2016· 75-100% shares · 75-100% voting · board control

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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08842956 · est 2014 · no financials extracted
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04829675 · est 2003 · no financials extracted
22y
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13396604 · est 2021 · no financials extracted
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11024210 · est 2017 · no financials extracted
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10090444 · est 2016 · no financials extracted
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11315723 · est 2018 · 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
Incorporated2005-01-25
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320

Registered office

The Mill
Morton
Oswestry
Shropshire
SY10 8BH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-18OVERDUE
Last: 2025-05-04

Officers (3 active · 3 resigned)

HAYCOCK, Steven Lea
secretary · appointed 2006-03-16
View their other companies + combined net worth →
Active
FRAY, Jonathan Peter
director · ~52y · appointed 2018-04-12
View their other companies + combined net worth →
Active
HASSAL, Neil Alan Darcy
director · ~53y · appointed 2005-01-25
View their other companies + combined net worth →
Active
POLLARD, Lyndsey Patricia
secretary · appointed 2005-01-25 · resigned 2010-11-01
Resigned
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2005-01-25 · resigned 2005-01-25
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 2005-01-25 · resigned 2005-01-25
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge30/08/2016
outstanding
Barclays
Barclays Bank PLC
Guarantee and debenture1 property09/03/2005
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property24/02/200514/05/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-05-14
accounts-with-accounts-type-small
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-small
accounts · AA
2025-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-small
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-small
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
accounts-with-accounts-type-small
accounts · AA
2021-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-04
accounts-with-accounts-type-small
accounts · AA
2021-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-06
accounts-with-accounts-type-small
accounts · AA
2019-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-07