BAG IT UP LIMITED
🌳Matureactive
06145839 · ltd · incorporated 2007-03-08
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
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 67/100. 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 (50/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 12.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 12.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
21 officers (3 active, 21 linked, 17 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
128 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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
2
filings
- • 2 officers
Last 90 days
7
filings
- • 2 officers
- • 2 accounts
- • 2 other
Last 180 days
10
filings
- • 5 officers
- • 2 accounts
- • 2 other
Counts from Companies House filing history.
Corporate timeline (68 events)Click to expand
- 2026-04-28📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2026-04-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-27➖WOODWARD, Michelle resigneddirector
- 2026-04-22📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-04-22📄legacyaccounts · PARENT_ACC
- 2026-04-22📄legacyother · GUARANTEE2
- 2026-04-22📄legacyother · AGREEMENT2
- 2026-02-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-10➕JACKSON, Andrew appointeddirector
- 2025-12-16➖HITCHEN, Louisa resigneddirector
- 2025-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-02➕ORYE, Michael appointeddirector
- 2025-05-22📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2025-05-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-30➕VISTRA COSEC LIMITED appointedcorporate-secretary
- 2025-02-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-01➖BURROWS SMITH, Mark resigneddirector
- 2025-02-01➕WOODWARD, Michelle appointeddirector
- 2025-01-31➕HITCHEN, Louisa appointeddirector
- 2024-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-01➖WILSON, Andrew Neil resigneddirector
- 2024-07-30📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-05-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-05-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-09🔒Charge registered #4Lender: Lgt Private Debt (UK) LTD. as Security Trustee
- 2024-04-06📄memorandum-articlesincorporation · MA
- 2024-04-06📄resolutionresolution · RESOLUTIONS
- 2024-03-22➕BURROWS SMITH, Mark appointeddirector
- 2024-03-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-26➖SMITH, Mark Burrows resigneddirector
- 2023-01-30➖HALLWORTH, Ryan resigneddirector
- 2023-01-30➕SMITH, Mark Burrows appointeddirector
- 2020-02-21➖YARNEY, Wendy resigneddirector
- 2019-11-14➖SCAIFE, Andrew John resigneddirector
- 2019-05-20➖ROBINSON, Richard Philip resigneddirector
- 2018-10-29🔒Charge registered #3Lender: Glas Trust Corporation Limited (As Security Agent)
- 2018-10-24🔓Charge satisfied #2
- 2018-02-21➕WILSON, Andrew Neil appointeddirector
- 2018-01-12➕ROBINSON, Richard Philip appointeddirector
- 2018-01-10➕YARNEY, Wendy appointeddirector
- 2017-12-11➖SWINDELLS, Julie Anne resigneddirector
- 2017-09-27➕SCAIFE, Andrew John appointeddirector
- 2017-09-27➕SWINDELLS, Julie Anne appointeddirector
- 2017-08-10➖WILSON, Barry Mervyn resignedsecretary
- 2017-08-10➕HALLWORTH, Ryan appointeddirector
- 2017-08-10➖KNAPTON, Louise Elizabeth resigneddirector
Showing most recent 50 of 68 events
Owner dependency
58/100
Moderate — manageable with handoverSome 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
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: HITCHEN, Louisa resigned 2025-12-16; WOODWARD, Michelle resigned 2026-04-27
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
Textile Recycling International Newco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Textile Recycling International Newco Limited
Corporate parent · holds 75-100% shares
⬇
BAG IT UP LIMITED
This company · 06145839
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 |
|---|---|---|---|---|
Textile Recycling International Newco Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 08/05/2024 |
1 historic (ceased) PSC
- Textile Recycling International Limitedceased 08/05/2024· 75-100% shares
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 · WV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 247 SALVAGE LTD→ 13160815 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A&A AUTO EXCHANGE LTD→ 16961183 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A2B AGGREGATES LTD→ 07335710 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ADRIANS ELECTRICAL SERVICES LIMITED→ 09811958 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALL SORT CONTRACTORS LTD→ 08006145 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| APS GAS SERVICES LIMITED→ 16179989 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AQUA FORCE SPECIAL WASTE LIMITED→ 03384938 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AQUA REGIA LTD→ 14528994 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AQUATECH ENVIRONMENTAL SERVICES LIMITED→ 03835361 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ARCO SERVICES LIMITED→ 03645541 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| AUTO BITS SCRAP METAL LIMITED→ 06587253 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| B A SHORTHOUSE LIMITED→ 01370519 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
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
Incorporated2007-03-08
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000
Registered office
Beldray Works
Beldray Road
Bilston
WV14 7NH
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (3 active · 18 resigned)
VISTRA COSEC LIMITED→
Activecorporate-secretary · appointed 2025-04-30
View their other companies + combined net worth →
JACKSON, Andrew→
Activedirector · ~53y · appointed 2026-02-10
View their other companies + combined net worth →
ORYE, Michael→
Activedirector · ~54y · appointed 2025-12-02
View their other companies + combined net worth →
WILSON, Barry Mervyn→
Resignedsecretary · appointed 2007-03-08 · resigned 2017-08-10
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2007-03-08 · resigned 2007-03-08
BURROWS SMITH, Mark→
Resigneddirector · ~59y · appointed 2024-03-22 · resigned 2025-02-01
HALLWORTH, Ryan→
Resigneddirector · ~43y · appointed 2017-08-10 · resigned 2023-01-30
HITCHEN, Louisa→
Resigneddirector · ~37y · appointed 2025-01-31 · resigned 2025-12-16
KNAPTON, Louise Elizabeth→
Resigneddirector · ~50y · appointed 2007-03-08 · resigned 2017-08-10
ROBINSON, Richard Philip→
Resigneddirector · ~59y · appointed 2018-01-12 · resigned 2019-05-20
SCAIFE, Andrew John→
Resigneddirector · ~50y · appointed 2017-09-27 · resigned 2019-11-14
SMITH, Mark Burrows→
Resigneddirector · ~59y · appointed 2023-01-30 · resigned 2023-07-26
SWINDELLS, David Robert→
Resigneddirector · ~61y · appointed 2012-07-01 · resigned 2017-08-10
SWINDELLS, Julie Anne→
Resigneddirector · ~56y · appointed 2017-09-27 · resigned 2017-12-11
WALKER, Helen Claire→
Resigneddirector · ~63y · appointed 2008-08-01 · resigned 2017-08-10
WILLIAMSON, David Paul→
Resigneddirector · ~58y · appointed 2009-07-01 · resigned 2010-06-10
WILSON, Andrew Neil→
Resigneddirector · ~60y · appointed 2018-02-21 · resigned 2024-10-01
WILSON, Barry Mervyn→
Resigneddirector · ~61y · appointed 2008-08-01 · resigned 2017-08-10
WOODWARD, Michelle→
Resigneddirector · ~55y · appointed 2025-02-01 · resigned 2026-04-27
YARNEY, Wendy→
Resigneddirector · ~43y · appointed 2018-01-10 · resigned 2020-02-21
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lgt Private Debt (UK) . as Security Trustee Lgt Private Debt (UK) LTD. as Security Trustee | A registered charge | — | 09/05/2024 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 29/10/2018 | — | |
| satisfied | Investec Bank as Security Trustee for the Secured Parties Investec Bank PLC as Security Trustee for the Secured Parties | A registered charge | 1 property | 10/08/2017 | 24/10/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 08/10/2013 | 03/08/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (128 total)
change-corporate-secretary-company-with-change-date
officers · CH04
2026-04-28
termination-director-company-with-name-termination-date
officers · TM01
2026-04-28
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-04-22
legacy
accounts · PARENT_ACC
2026-04-22
legacy
other · GUARANTEE2
2026-04-22
legacy
other · AGREEMENT2
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
appoint-person-director-company-with-name-date
officers · AP01
2026-02-17
termination-director-company-with-name-termination-date
officers · TM01
2025-12-16
appoint-person-director-company-with-name-date
officers · AP01
2025-12-15
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-01
termination-director-company-with-name-termination-date
officers · TM01
2025-05-01
appoint-person-director-company-with-name-date
officers · AP01
2025-02-05
appoint-person-director-company-with-name-date
officers · AP01
2025-02-05