D.L.H. AUTORECYCLERS LIMITED
🌳Matureactive
06407112 · ltd · incorporated 2007-10-23
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 Jun 2025
Net worth
£398.7k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · oldest 13.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)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
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £398,695
Net assets shrinking
Down £19,990 YoY
Cash YoY
-37%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£179k
↓ 37% YoY
Net Worth
£399k
↓ 4.8% YoY
Current Assets
£368k
↓ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £654.0k | £528.5k |
| Current assets | £367.8k | £459.8k |
| Cash | £179.4k | £283.5k |
| Debtors | £29.7k | £11.4k |
| Net assets | £398.7k | £418.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-03-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2016-04-12🔒Charge registered #3Lender: National Westminster Bank PLC
- 2015-12-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-01-02➕HORSNELL, Joanne appointedsecretary
- 2013-01-02➖SANDS, Caroline Gail resignedsecretary
- 2012-12-04🔒Charge registered #2Lender: National Westminster Bank PLC
- 2012-09-10🔒Charge registered #1Lender: National Westminster Bank PLC
- 2007-10-23🏢Company incorporatedAs D.L.H. AUTORECYCLERS LIMITED
- 2007-10-23➕HORSNELL, David Lawrence appointeddirector
- 2007-10-23➕HORSNELL, Joanne appointeddirector
- 2007-10-23➕SANDS, Caroline Gail appointedsecretary
Owner dependency
84/100
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 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Horsnell Individual · British · DOB 05/1970 · age 56 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mrs Joanna Horsnell Individual · British · DOB 04/1969 · age 57 | 25–50% | — | 25-50% 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 · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BGM NORFOLK LIMITED→ 15941481 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CASON & BAZLEY PIPELINE SERVICING LTD→ 15483377 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CHARGE IT NOW LIMITED→ 15954715 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CHENERY’S LOAD & GO LTD→ 14594734 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CHILTERN AD MANAGEMENT LTD→ 10805728 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CLEARANCE4LESS NORFOLK LTD→ 15263669 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| COASTAL RECYCLING LTD→ 14476542 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CREATIVE SOLAR SOLUTIONS LIMITED→ 07489981 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| CURTAIN ROAD DEVELOPMENTS 31 LIMITED→ 12289969 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| D.N.A. REYNOLDS SERVICES LIMITED→ 08661755 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| DALTAIC LTD→ 16387895 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DEAN FARM SOLAR DEVELOPMENTS LIMITED→ 14368480 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2007-10-23
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320
Registered office
Gladhern Short Lane
Happisburgh
Norwich
Norfolk
NR12 0RH
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23
Officers (3 active · 1 resigned)
Active
HORSNELL, David Lawrence→
Activedirector · ~56y · appointed 2007-10-23
View their other companies + combined net worth →
HORSNELL, Joanne→
Activedirector · ~60y · appointed 2007-10-23
View their other companies + combined net worth →
SANDS, Caroline Gail→
Resignedsecretary · appointed 2007-10-23 · resigned 2013-01-02
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 12/04/2016 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 04/12/2012 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 10/09/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (49 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-01