FBL RECYCLING LIMITED

🌳Matureactive
08007168 · ltd · incorporated 2012-03-27
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
—
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38210SIC 38210
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 6 with DOB)
90
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees0100

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2023-12-01
    📄
    capital-allotment-shares
    capital · SH01
  5. 2023-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-10-23
    📄
    capital-name-of-class-of-shares
    capital · SH08
  7. 2022-10-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-11-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-11-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2020-11-05
    ➕
    CONING, Christine Elizabeth appointed
    director
  12. 2020-11-05
    ➕
    CONING, David Edward appointed
    director
  13. 2020-11-05
    ➕
    CONING, Simon James appointed
    director
  14. 2020-11-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-11-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2020-10-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2014-07-07
    ➕
    CONING, Nigel Edward appointed
    director
  20. 2014-07-07
    ➖
    CONING, David Edward resigned
    director
  21. 2013-04-06
    ➖
    CONING, Christine Elizabeth resigned
    director
  22. 2012-03-27
    🏢
    Company incorporated
    As FBL RECYCLING LIMITED
  23. 2012-03-27
    ➕
    CONING, Christine Elizabeth appointed
    director
  24. 2012-03-27
    ➕
    CONING, David Edward appointed
    director

Owner dependency

56/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr David Edward Coning
Individual · British · DOB 12/1967 · age 59
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Christine Elizabeth Coning
Individual · British · DOB 05/1969 · age 57
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Simon James Coning
Individual · British · DOB 04/1998 · age 28
——sig. influencesignificant influence05/04/2023
Mr Nigel Edward Coning
Individual · British · DOB 02/1996 · age 30
——sig. influencesignificant influence06/04/2016

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

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
Incorporated2012-03-27
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

Fleet Bank Lodge York Road
Tollerton
York
YO61 1RA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (4 active · 2 resigned)

CONING, Christine Elizabeth→
director · ~57y · appointed 2020-11-05
View their other companies + combined net worth →
Active
CONING, David Edward→
director · ~59y · appointed 2020-11-05
View their other companies + combined net worth →
Active
CONING, Nigel Edward→
director · ~30y · appointed 2014-07-07
View their other companies + combined net worth →
Active
CONING, Simon James→
director · ~28y · appointed 2020-11-05
View their other companies + combined net worth →
Active
CONING, Christine Elizabeth→
director · ~57y · appointed 2012-03-27 · resigned 2013-04-06
Resigned
CONING, David Edward→
director · ~59y · appointed 2012-03-27 · resigned 2014-07-07
Resigned

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

Recent filings (39 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-01
capital-allotment-shares
capital · SH01
2023-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-14
capital-name-of-class-of-shares
capital · SH08
2023-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-26