FLAPPIT TIPPING AND RECYCLING LIMITED
🌳Matureactive
08561161 · ltd · incorporated 2013-06-07
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 May 2025
Net worth
£-25.8k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. 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 (73/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 11.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £25,778
Net assets shrinking
Down £189,471 YoY
Cash draining
Cash down 42% YoY
Cash YoY
-42%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£91k
↓ 42% YoY
Net Worth
-£26k
↓ 116% YoY
Current Assets
£1.2m
↑ 1.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £-6.2k | £177.7k |
| Current assets | £1.24M | £1.22M |
| Cash | £90.9k | £156.7k |
| Debtors | £1.15M | £1.07M |
| Net assets | £-25.8k | £163.7k |
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
0
filings
Last 180 days
2
filings
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-24➕BROOKSBANK, Nicholas James appointeddirector
- 2025-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-08📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-02-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-20🔒Charge registered #4Lender: Reward Finance Group Limited
- 2022-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2017-11-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-10-25➖BUTTERFIELD, David Edward resigneddirector
- 2017-06-28➕BROOKSBANK, John Stephen appointeddirector
- 2015-08-28🔒Charge registered #3Lender: Reward Capital Limited
- 2015-08-28🔒Charge registered #2Lender: Reward Capital Limited
- 2014-11-03🔒Charge registered #1Lender: Dennis Gillson & Son (Haworth) Limited
- 2013-06-07🏢Company incorporatedAs FLAPPIT TIPPING AND RECYCLING LIMITED
- 2013-06-07➕BUTTERFIELD, David Edward appointeddirector
Owner dependency
81/100
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.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — BROOKSBANK, Nicholas James (same surname) appointed 2026-02-24. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Stephen Brooksbank Individual · British · DOB 04/1956 · age 70 | — | — | sig. influencesignificant influence | 15/07/2017 |
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
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|---|---|---|---|---|---|---|---|
| 24/7 WASTEWATER MANAGEMENT LTD→ 14139305 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 36J GROUP LTD→ 15647275 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AVIORA DEVELOPMENTS LTD.→ 11364076 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BLACKTHORN RECYCLING LTD.→ 05186112 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BOWER SKIP HIRE LIMITED→ 06837426 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CENTURY POWER LIMITED→ 15750726 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| COMMERCIAL WASTE CLEARANCE LTD→ 16260726 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CPH AIR LTD→ 12534349 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| DISTRIBUTION JOINTING SERVICES LTD→ 14422324 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ECOVIA ENERGY DEVELOPMENTS LTD→ 16334210 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ECOVIA ENERGY SOLUTIONS LTD→ 16886403 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FPWM LIMITED→ 08814338 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2013-06-07
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210
Registered office
1st Floor Clifton House Birkby Lane
Bailiff Bridge
Brighouse
HD6 4JJ
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14
Officers (2 active · 1 resigned)
BROOKSBANK, John Stephen→
Activedirector · ~70y · appointed 2017-06-28
View their other companies + combined net worth →
BROOKSBANK, Nicholas James→
Activedirector · ~43y · appointed 2026-02-24
View their other companies + combined net worth →
BUTTERFIELD, David Edward→
Resigneddirector · ~74y · appointed 2013-06-07 · resigned 2017-10-25
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Reward Finance Group Reward Finance Group Limited | A registered charge | 1 property | 20/01/2023 | — | |
| outstanding | Reward Capital Reward Capital Limited | A registered charge | 1 property | 28/08/2015 | — | |
| outstanding | Reward Capital Reward Capital Limited | A registered charge | — | 28/08/2015 | — | |
| outstanding | Dennis Gillson & Son (Haworth) Dennis Gillson & Son (Haworth) Limited | A registered charge | 1 property | 03/11/2014 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (40 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-16
change-account-reference-date-company-current-shortened
accounts · AA01
2024-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-14