CITY SCRAP LIMITED
🌳Matureactive
07195331 · ltd · incorporated 2010-03-19
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 Mar 2025
Net worth
£654.9k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
ALSO REGISTERED FOR
- 45112SIC 45112
Investor take
PursueStrong 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 16.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 16.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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
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
12 officers (2 active, 12 linked, 11 with DOB)
88
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
79 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 102Positive net assets
Net assets £654,852
Cash YoY
+125%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£223k
↑ 125% YoY
Net Worth
£655k
↑ 13% YoY
Current Assets
£565k
↑ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.17M | £1.13M |
| Current assets | £565.4k | £499.0k |
| Cash | £222.8k | £99.0k |
| Debtors | £41.5k | £53.9k |
| Net assets | £654.9k | £580.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 2 gazette
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2026-01-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-01-06📄gazette-notice-compulsorygazette · GAZ1
- 2026-01-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-11-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-01➖MARTIN, James Anthony resigneddirector
- 2025-01-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-31➕MARTIN, Daniel appointeddirector
- 2024-12-31➕MARTIN, Samantha Jade appointeddirector
- 2024-12-31➖GRINHAFF, Arthur resigneddirector
- 2024-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-30📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-01➕MARTIN, James Anthony appointeddirector
- 2020-09-02➖MARTIN GRINHAFF, Amber Jane resigneddirector
- 2015-11-02➖MARTIN, Samantha Jade resigneddirector
- 2015-11-02➕MARTIN GRINHAFF, Amber Jane appointeddirector
- 2015-10-27➕GRINHAFF, Arthur appointeddirector
- 2015-10-22➖GRINHAFF, Arthur resigneddirector
- 2015-10-22➕MARTIN, Samantha Jade appointeddirector
- 2015-10-22➖MARTIN-GRINHAFF, Amber Jane resigneddirector
- 2015-02-02➖MARTIN, Samantha Jade resigneddirector
- 2013-12-19➖MARTIN, Samantha Jade resigneddirector
- 2013-12-03🔒Charge registered #3Lender: Barclays Bank PLC
- 2013-11-01🔓Charge satisfied #2
- 2013-04-19➕GRINHAFF, Arthur appointeddirector
- 2013-04-19➖MARTIN, James Anthony resigneddirector
- 2013-04-19➕MARTIN, Samantha Jade appointeddirector
- 2013-03-01➕MARTIN, Samantha Jade appointeddirector
- 2011-02-15🔓Charge satisfied #1
- 2011-01-24🔒Charge registered #2Lender: National Westminster Bank PLC
- 2010-06-08🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2010-03-19🏢Company incorporatedAs CITY SCRAP LIMITED
- 2010-03-19➕ALDBURY SECRETARIES LIMITED appointedcorporate-secretary
- 2010-03-19➖ALDBURY SECRETARIES LIMITED resignedcorporate-secretary
- 2010-03-19➕MARTIN, James Anthony appointeddirector
- 2010-03-19➕MARTIN-GRINHAFF, Amber Jane appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Samantha Jade Martin Individual · British · DOB 04/1975 · age 51 | 25–50% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
4 historic (ceased) PSCs
- Mr Daniel Martinceased 16/09/2024· 25-50% shares
- Mr Arthur Grinhaffceased 31/12/2024· 25-50% shares
- Mr James Anthony Martinceased 01/06/2025· board control · trust interest · firm interest
- Mrs Amber Jane Martin Grinhaffceased 02/09/2020· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Energy & utilities · LN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A RIDDEL AND SONS SCRAP METAL AND SKIP HIRE LIMITED→ 03938795 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ALFORD STORAGE & TEXTILE COMPANY LIMITED→ 08001408 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ASBESAFE ENVIRONMENTAL LIMITED→ 10451420 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BACK 2 BEAR LIMITED→ 10758522 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BEINN BHUIDHE ENERGY LIMITED→ 06992150 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BEN ASHTON AND SON LIMITED→ 06609767 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| BIN BUSTERS WASTE REMOVALS LTD→ 16759973 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLOCKFREE SERVICES LIMITED→ 04441491 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BR RECYCLING LTD→ 15192028 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CAROUSEL RECYCLING & WASTE LTD→ 07088811 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| CATHEDRAL AIR CONDITIONING LIMITED→ 12808205 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CLIXBY BIOGAS LIMITED→ 08285247 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2010-03-19
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320
Registered office
7 Dale Street
Lincoln
LN5 8LL
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-02
Last: 2025-10-19
Officers (2 active · 10 resigned)
MARTIN, Daniel→
Activedirector · ~39y · appointed 2024-12-31
View their other companies + combined net worth →
MARTIN, Samantha Jade→
Activedirector · ~51y · appointed 2024-12-31
View their other companies + combined net worth →
ALDBURY SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2010-03-19 · resigned 2010-03-19
GRINHAFF, Arthur→
Resigneddirector · ~72y · appointed 2015-10-27 · resigned 2024-12-31
GRINHAFF, Arthur→
Resigneddirector · ~72y · appointed 2013-04-19 · resigned 2015-10-22
MARTIN, James Anthony→
Resigneddirector · ~82y · appointed 2021-05-01 · resigned 2025-06-01
MARTIN, James Anthony→
Resigneddirector · ~82y · appointed 2010-03-19 · resigned 2013-04-19
MARTIN, Samantha Jade→
Resigneddirector · ~51y · appointed 2015-10-22 · resigned 2015-11-02
MARTIN, Samantha Jade→
Resigneddirector · ~51y · appointed 2013-04-19 · resigned 2013-12-19
MARTIN, Samantha Jade→
Resigneddirector · ~51y · appointed 2013-03-01 · resigned 2015-02-02
MARTIN GRINHAFF, Amber Jane→
Resigneddirector · ~55y · appointed 2015-11-02 · resigned 2020-09-02
MARTIN-GRINHAFF, Amber Jane→
Resigneddirector · ~55y · appointed 2010-03-19 · resigned 2015-10-22
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 03/12/2013 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 24/01/2011 | 01/11/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 08/06/2010 | 15/02/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (79 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-07
gazette-notice-compulsory
gazette · GAZ1
2026-01-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-25
termination-director-company-with-name-termination-date
officers · TM01
2025-11-25
appoint-person-director-company-with-name-date
officers · AP01
2025-01-08
appoint-person-director-company-with-name-date
officers · AP01
2025-01-07
termination-director-company-with-name-termination-date
officers · TM01
2025-01-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18