CLARKESON RECYCLING LIMITED

💤Zombieactive
05861177 · ltd · incorporated 2006-06-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
£3.83M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 40). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 13.1y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 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
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,832,261

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3.8m
Current Assets
£2.1m
Current Liabilities
£0£766k£1.5m£2.3m£3.1m£3.8mJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£4.09M
Current assets£2.12M
Net assets£3.83M
Average employees0

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
0
filings
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-01-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-08-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2023-08-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-08-30
    🔓
    Charge satisfied #2
  8. 2023-08-30
    🔓
    Charge satisfied #1
  9. 2023-07-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2023-07-22
    🔓
    Charge satisfied #3
  11. 2022-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-11-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-10-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-08-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2016-02-10
    🔒
    Charge registered #3
    Lender: Hsbc Bank PLC
  18. 2015-08-16
    CLARKE, Steve resigned
    director
  19. 2013-07-11
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  20. 2013-06-27
    🔒
    Charge registered #1
    Lender: Hsbc Asset Finance (UK) LTD and Hsbc Equipment Finance (UK) LTD
  21. 2011-06-28
    LAKE, Christopher resigned
    secretary
  22. 2006-06-29
    🏢
    Company incorporated
    As CLARKESON RECYCLING LIMITED
  23. 2006-06-29
    CLARKE, Joe Steven appointed
    director
  24. 2006-06-29
    LAKE, Christopher appointed
    secretary
  25. 2006-06-29
    CLARKE, Steve appointed
    director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "CLARKE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Joe Steven Clarke
Individual · British · DOB 10/1986 · age 40
75100%
75-100% shares16/08/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2006-06-29
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210

Registered office

Wells Road Wells Road
Riby
Grimsby
N E Lincs
DN37 8NQ

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-09-22
Last: 2025-09-08

Officers (1 active · 2 resigned)

CLARKE, Joe Steven
director · ~40y · appointed 2006-06-29
View their other companies + combined net worth →
Active
LAKE, Christopher
secretary · appointed 2006-06-29 · resigned 2011-06-28
Resigned
CLARKE, Steve
director · ~58y · appointed 2006-06-29 · resigned 2015-08-16
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property10/02/201622/07/2023
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property11/07/201330/08/2023
satisfied
HSBC
Hsbc Asset Finance (UK) LTD and Hsbc Equipment Finance (UK) LTD
A registered charge1 property27/06/201330/08/2023

Recent filings (61 total)

change-person-director-company-with-change-date
officers · CH01
2026-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-23