ATLANTIC RECYCLING LIMITED
🌳Matureactive
05788239 · ltd · incorporated 2006-04-20
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
- 38210SIC 38210
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 79). Biggest value-creation lever: Consolidate lender relationships. 7 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 · 7 lenders · oldest 19.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 19.3 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (34 events)Click to expand
- 2025-08-14📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-03-21📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-07📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-28🔒Charge registered #7Lender: Hsbc UK Bank PLC
- 2023-04-03📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-28🔒Charge registered #6Lender: Dbw Investments (3) Limited
- 2023-01-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-05➕NEAL, Liam David appointeddirector
- 2022-02-23📄accounts-with-accounts-type-fullaccounts · AA
- 2021-06-08📄accounts-with-accounts-type-fullaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2019-02-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-02-22🔒Charge registered #5Lender: Hsbc Equipment Finance (UK) LTD
- 2019-02-20📄accounts-with-accounts-type-smallaccounts · AA
- 2018-04-27📄capital-allotment-sharescapital · SH01
- 2018-02-23📄accounts-with-accounts-type-smallaccounts · AA
- 2017-07-13📄auditors-resignation-companyauditors · AUD
- 2015-07-28🔒Charge registered #4Lender: Finance Wales Investments (8) LTD
- 2013-12-13🔒Charge registered #3Lender: Finance Wales Investments (6) LTD
- 2013-06-25➖HANFORD, Stuart Ivor resigneddirector
- 2011-06-17🔒Charge registered #2Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
- 2008-02-01➕KENNEY, Michael Andrew appointeddirector
- 2007-02-02🔒Charge registered #1Lender: Hsbc Bank PLC
- 2006-05-22➕NEAL, David John appointedsecretary
- 2006-05-22➕NEAL, David John appointeddirector
- 2006-05-22➕HANFORD, Stuart Ivor appointeddirector
- 2006-04-20🏢Company incorporatedAs ATLANTIC RECYCLING LIMITED
- 2006-04-20➕SECRETARIAL APPOINTMENTS LIMITED appointedcorporate-nominee-secretary
- 2006-04-20➖SECRETARIAL APPOINTMENTS LIMITED resignedcorporate-nominee-secretary
- 2006-04-20➕CORPORATE APPOINTMENTS LIMITED appointedcorporate-nominee-director
- 2006-04-20➖CORPORATE APPOINTMENTS LIMITED resignedcorporate-nominee-director
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
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 79 years old. Natural succession window is now.
- 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 low7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Dauson Environmental Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Dauson Environmental Group Ltd
Corporate parent · holds 75-100% shares
⬇
ATLANTIC RECYCLING LIMITED
This company · 05788239
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dauson Environmental Group Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 07/03/2024 |
Mr David John Neal Individual · British · DOB 07/1960 · age 66 | 75–100% | — | 75-100% shares | 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 · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABEREDW ENERGY PARK LIMITED→ 12904601 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACD SKIPS LIMITED→ 03325325 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| ACTION AIRCONDITIONING LIMITED→ 03296174 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| AM REMOVALS AND CLEARANCES LTD→ 16259984 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AMCO (UK) LTD→ 06623570 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ANGLEGOVERN LIMITED→ 03272920 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| AP RECYCLING LTD→ 16167586 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AQA (CARDIFF) LIMITED→ 08095644 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ASH INSTALLATIONS AND CONSTRUCTION LTD→ 11336723 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ATLANTIC WASTE MANAGEMENT LIMITED→ 05834347 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BANC DU ENERGY PARK LIMITED→ 12576992 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BEAMISH TRADING LIMITED→ 06961058 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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
Incorporated2006-04-20
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110
Registered office
Atlantic Ecopark Newton Road
Rumney
Cardiff
CF3 2EJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20
Officers (4 active · 3 resigned)
Active
KENNEY, Michael Andrew→
Activedirector · ~79y · appointed 2008-02-01
View their other companies + combined net worth →
NEAL, David John→
Activedirector · ~66y · appointed 2006-05-22
View their other companies + combined net worth →
NEAL, Liam David→
Activedirector · ~40y · appointed 2023-01-05
View their other companies + combined net worth →
SECRETARIAL APPOINTMENTS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-04-20 · resigned 2006-04-20
HANFORD, Stuart Ivor→
Resigneddirector · ~57y · appointed 2006-05-22 · resigned 2013-06-25
CORPORATE APPOINTMENTS LIMITED→
Resignedcorporate-nominee-director · appointed 2006-04-20 · resigned 2006-04-20
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
4
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 28/02/2024 | — | |
| outstanding | Dbw Investments (3) Dbw Investments (3) Limited | A registered charge | 2 properties | 28/02/2023 | — | |
| outstanding | HSBC Hsbc Equipment Finance (UK) LTD | A registered charge | — | 22/02/2019 | — | |
| outstanding | Finance Wales Investments (8) Finance Wales Investments (8) LTD | A registered charge | — | 28/07/2015 | — | |
| outstanding | Finance Wales Investments (6) Finance Wales Investments (6) LTD | A registered charge | 1 property | 13/12/2013 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD ("the Security Holder") | Fixed charge on non-vesting debts and floating charge | 1 property | 17/06/2011 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 02/02/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
change-account-reference-date-company-current-extended
accounts · AA01
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-full
accounts · AA
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-26
accounts-with-accounts-type-full
accounts · AA
2024-04-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-03-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-25
accounts-with-accounts-type-full
accounts · AA
2023-04-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-01
appoint-person-director-company-with-name-date
officers · AP01
2023-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-04
accounts-with-accounts-type-full
accounts · AA
2022-02-23
accounts-with-accounts-type-full
accounts · AA
2021-06-08