GRASSROOTS RECYCLING LTD

🌳Matureactive
05781347 · ltd · incorporated 2006-04-13
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38320SIC 38320
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 18.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 18.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
69 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2024-12-312023-12-31
Average employees10001200

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 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-10-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2024-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-09-18
    🔒
    Charge registered #3
    Lender: Edward Swales
  5. 2024-02-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-01-30
    🔒
    Charge registered #2
    Lender: Edward Michael Swales
  7. 2023-09-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-12-08
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2021-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-06-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2021-06-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-06-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-06-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-06-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-06-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2021-06-04
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2021-06-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-06-01
    ➕
    COLFER, Alexis Jonathan appointed
    secretary
  20. 2021-06-01
    ➕
    CLUTTON, John Russell appointed
    director
  21. 2021-06-01
    ➕
    SWALES, Edward Michael appointed
    director
  22. 2021-06-01
    ➖
    GREEN, Anthony Edward, Secretary resigned
    secretary
  23. 2021-06-01
    ➖
    JONES, David John resigned
    director
  24. 2021-06-01
    ➖
    JONES, Mary Christina resigned
    director
  25. 2021-02-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2021-02-22
    🔓
    Charge satisfied #1
  27. 2020-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2014-04-01
    ➕
    JONES, Mary Christina appointed
    director
  29. 2010-04-13
    ➖
    JONES, Mary Christina resigned
    director
  30. 2008-04-14
    ➕
    JONES, Mary Christina appointed
    director
  31. 2007-07-17
    ➖
    BOOTH, Grahame Guthrie Alexander resigned
    director
  32. 2007-07-06
    🔒
    Charge registered #1
    Lender: State Securities PLC
  33. 2007-01-05
    ➖
    ARNOLD, Shane resigned
    director
  34. 2006-04-13
    🏢
    Company incorporated
    As GRASSROOTS RECYCLING LTD
  35. 2006-04-13
    ➕
    GREEN, Anthony Edward, Secretary appointed
    secretary
  36. 2006-04-13
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  37. 2006-04-13
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  38. 2006-04-13
    ➕
    ARNOLD, Shane appointed
    director
  39. 2006-04-13
    ➕
    BOOTH, Grahame Guthrie Alexander appointed
    director
  40. 2006-04-13
    ➕
    JONES, David John appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 20 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.)

Group structure

Grassroots Recycling Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Grassroots Recycling Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
GRASSROOTS RECYCLING LTD
This company · 05781347

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
Grassroots Recycling Group Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2021
1 historic (ceased) PSC
  • Mr David John Jonesceased 01/06/2021· 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 →

Similar companies

Active · Energy & utilities · BA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AJ SYSTEMS AND SERVICES LTD→
10777078 · est 2017 · no financials extracted
————8y——
ARK WASTE SOLUTIONS LTD→
12361392 · est 2019 · no financials extracted
————6y——
BIG SOLAR ROOFS LTD→
09992236 · est 2016 · no financials extracted
————10y——
BILBROOK RENEWABLES LIMITED→
16635438 · est 2025 · no financials extracted
———————
BSR ENERGY 4 LIMITED→
17099494 · est 2026 · no financials extracted
———————
CROSS CUT SHREDDING LTD→
09920755 · est 2015 · no financials extracted
————10y——
E.J. SHANLEY & SON (TROWBRIDGE) LIMITED→
00845046 · est 1965 · no financials extracted
————61y——
EBS VENN LIMITED→
09002559 · est 2014 · no financials extracted
————12y——
EDEN SOLARFAIR LIMITED→
07836926 · est 2011 · no financials extracted
————14y——
FIVE OAKS SOLAR PARK LIMITED→
07470468 · est 2010 · no financials extracted
————15y——
FLEETWOOD RECYCLING LIMITED→
07761026 · est 2011 · no financials extracted
————14y——
FOLLATON WATER SERVICES LTD→
05066717 · est 2004 · no financials extracted
————22y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2006-04-13
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

The Old Dairy North Farm
Norton Bavant
Warminster
Wiltshire
BA12 0EP

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-23
Last: 2026-04-09

Officers (3 active · 7 resigned)

COLFER, Alexis Jonathan→
secretary · appointed 2021-06-01
View their other companies + combined net worth →
Active
CLUTTON, John Russell→
director · ~52y · appointed 2021-06-01
View their other companies + combined net worth →
Active
SWALES, Edward Michael→
director · ~47y · appointed 2021-06-01
View their other companies + combined net worth →
Active
GREEN, Anthony Edward, Secretary→
secretary · appointed 2006-04-13 · resigned 2021-06-01
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 2006-04-13 · resigned 2006-04-13
Resigned
ARNOLD, Shane→
director · ~58y · appointed 2006-04-13 · resigned 2007-01-05
Resigned
BOOTH, Grahame Guthrie Alexander→
director · ~77y · appointed 2006-04-13 · resigned 2007-07-17
Resigned
JONES, David John→
director · ~87y · appointed 2006-04-13 · resigned 2021-06-01
Resigned
JONES, Mary Christina→
director · ~82y · appointed 2014-04-01 · resigned 2021-06-01
Resigned
JONES, Mary Christina→
director · ~82y · appointed 2008-04-14 · resigned 2010-04-13
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Edward Swales
A registered charge1 property18/09/2024—
outstanding
Edward Michael Swales
A registered charge1 property30/01/2024—
satisfied
State Securities
State Securities PLC
Supplemental chattel mortgage1 property06/07/200722/02/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-21
change-account-reference-date-company-current-shortened
accounts · AA01
2021-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-06-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-06-21