CROSSWAYS RECYCLING LIMITED
🌳Matureactive
05720036 · ltd · incorporated 2006-02-23
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 Mar 2025
Net worth
£751.3k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Special-situation opportunityDistressed energy with salvageable qualities — special-situations priority.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 84). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 20.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £751,287
Very low cash
Cash position: £1
Net assets shrinking
Down £494,207 YoY
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1
↓ 100% YoY
Net Worth
£751k
↓ 40% YoY
Current Assets
£1.9m
↑ 5.1% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £954.3k | £1.26M |
| Current assets | £1.93M | £1.84M |
| Cash | £1 | £1.8k |
| Debtors | £1.88M | £1.79M |
| Net assets | £751.3k | £1.25M |
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 mortgage
Last 180 days
3
filings
- • 1 mortgage
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-05-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-21🔓Charge satisfied #6
- 2026-03-30📄accounts-with-accounts-type-smallaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-09🔒Charge registered #7Lender: Hsbc UK Bank PLC
- 2023-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2022-04-22📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-23📄accounts-with-accounts-type-smallaccounts · AA
- 2021-11-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-30🔓Charge satisfied #3
- 2021-11-15🔒Charge registered #6Lender: Hsbc UK Bank PLC
- 2021-03-26📄accounts-with-accounts-type-smallaccounts · AA
- 2020-07-29📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-29📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-06-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-06-16🔓Charge satisfied #1
- 2020-03-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-03-11🔓Charge satisfied #2
- 2020-02-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-10🔒Charge registered #5Lender: Hsbc Invoice Finance (UK) Limited
- 2020-01-13🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2013-03-10➕REDMOND, Jill appointeddirector
- 2006-09-21➕REDMOND, Jill appointedsecretary
- 2006-09-21➖SNELGROVE, Elizabeth Sandra resignedsecretary
- 2006-08-31🔒Charge registered #3Lender: Lloyds Tsb Commercial Finance Limited
- 2006-06-02🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2006-06-02🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2006-02-23🏢Company incorporatedAs CROSSWAYS RECYCLING LIMITED
- 2006-02-23➕REDMOND, Mark appointeddirector
- 2006-02-23➕SNELGROVE, Elizabeth Sandra appointedsecretary
- 2006-02-23➕M W DOUGLAS & COMPANY LIMITED appointedcorporate-nominee-secretary
- 2006-02-23➖M W DOUGLAS & COMPANY LIMITED resignedcorporate-nominee-secretary
- 2006-02-23➕DOUGLAS NOMINEES LIMITED appointedcorporate-nominee-director
- 2006-02-23➖DOUGLAS NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
91/100
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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mobius Recycling Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mobius Recycling Group Limited
Corporate parent · holds 75-100% shares
⬇
CROSSWAYS RECYCLING LIMITED
This company · 05720036
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mobius Recycling Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting · firm interest | 06/04/2016 |
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 →Similar companies
Active · Energy & utilities · DA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| COTSWOLD ELECTRICAL LIMITED→ 12236821 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CSG NORTHERN LTD→ 10730051 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| DADDICOOL LIMITED→ 09617927 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DELTA ALPHA DRAINAGE LTD→ 15483568 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DIAMOND COOLING SERVICES LTD→ 11888076 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| DLP WASTE MANGEMENT LTD→ 15354234 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DN CABLE INSTALLATIONS LIMITED→ 12056172 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| DOCKGRANGE LIMITED→ 02213543 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| DOWLING DEMO & RECYCLING LTD→ 16750806 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DRAINAGE & TRANSPORT LTD→ 16706814 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DRAINAGE THAT WORKS LTD→ 12787826 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DSD UTILITIES LTD→ 17072423 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Statusactive
Typeltd
Incorporated2006-02-23
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320
Registered office
Plot 15 Manor Way Business Park
Manor Way
Swanscombe
Kent
DA10 0PP
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23
Officers (3 active · 3 resigned)
Active
REDMOND, Jill→
Activedirector · ~84y · appointed 2013-03-10
View their other companies + combined net worth →
REDMOND, Mark→
Activedirector · ~65y · appointed 2006-02-23
View their other companies + combined net worth →
SNELGROVE, Elizabeth Sandra→
Resignedsecretary · appointed 2006-02-23 · resigned 2006-09-21
M W DOUGLAS & COMPANY LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-02-23 · resigned 2006-02-23
DOUGLAS NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2006-02-23 · resigned 2006-02-23
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
3
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 09/05/2024 | — | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 15/11/2021 | 21/05/2026 | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | — | 10/02/2020 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 13/01/2020 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited / Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 31/08/2006 | 30/11/2021 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 02/06/2006 | 11/03/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 02/06/2006 | 16/06/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-21
accounts-with-accounts-type-small
accounts · AA
2026-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-small
accounts · AA
2024-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-16
accounts-with-accounts-type-small
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-small
accounts · AA
2022-12-22
change-person-director-company-with-change-date
officers · CH01
2022-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-30
accounts-with-accounts-type-small
accounts · AA
2021-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-30