ALLENSWAY RECYCLING (GRIMSBY) LIMITED

💤Zombieactive
06977885 · ltd · incorporated 2009-07-31
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 Sept 2025
Net worth
£483.3k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 14.5y

15/100
under pressure

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

  • · Oldest live charge is 14.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (87/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £483,270
Net assets shrinking
Down £9,712 YoY

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
£483k
↓ 2.0% YoY
Current Assets
£776k
↑ 17% YoY
Current Liabilities
£0£158k£315k£473k£630k£788kSept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-09-302024-09-302023-09-30
Total assets£488.1k£501.0k£510.2k
Current assets£775.9k£665.5k£787.8k
Net assets£483.3k£493.0k£505.4k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-07-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-07-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-07-09
    FOX, Aaron Lee appointed
    director
  6. 2025-01-25
    WILLIAMSON, Allen resigned
    director
  7. 2024-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-09-27
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2021-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-07-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2017-07-21
    🔓
    Charge satisfied #2
  17. 2017-03-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2017-03-03
    🔒
    Charge registered #3
    Lender: Bibby Financial Services LTD (As Security Trustee)
  19. 2016-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2016-01-22
    🔓
    Charge satisfied #1
  21. 2013-12-10
    🔒
    Charge registered #2
    Lender: Lloyds Bank Commercial Finance LTD
  22. 2012-02-02
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  23. 2009-12-01
    GIBSON, David Matthew resigned
    director
  24. 2009-07-31
    🏢
    Company incorporated
    As ALLENSWAY RECYCLING (GRIMSBY) LIMITED
  25. 2009-07-31
    GIBSON, David Matthew appointed
    director
  26. 2009-07-31
    WILLIAMSON, Allen appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

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

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 Allen Williamson
Individual · British · DOB 12/1973 · age 53
75100%
75-100% shares06/04/2016

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 →

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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
Incorporated2009-07-31
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

Prospect House Howden Road
Holme On Spalding Moor
York
North Yorkshire
YO43 4BT

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31

Officers (1 active · 2 resigned)

FOX, Aaron Lee
director · ~34y · appointed 2025-07-09
View their other companies + combined net worth →
Active
GIBSON, David Matthew
director · ~58y · appointed 2009-07-31 · resigned 2009-12-01
Resigned
WILLIAMSON, Allen
director · ~53y · appointed 2009-07-31 · resigned 2025-01-25
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Bibby Financial Services
Bibby Financial Services LTD (As Security Trustee)
A registered charge4 properties03/03/2017
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance LTD
A registered charge1 property10/12/201321/07/2017
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property02/02/201222/01/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (45 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-28
appoint-person-director-company-with-name-date
officers · AP01
2025-07-10
termination-director-company-with-name-termination-date
officers · TM01
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
change-account-reference-date-company-current-extended
accounts · AA01
2021-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-04