GLOBAL METAL RECYCLING LTD

💤Zombieactive
08716514 · ltd · incorporated 2013-10-03
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
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Turnover
year to Oct 2024
Net worth
£64.2k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £64,161

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£64k
↑ 93% YoY
Current Assets
£107k
↑ 16% YoY
Current Liabilities
£0£21k£43k£64k£85k£107kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£87.4k£58.5k
Current assets£106.6k£91.9k
Net assets£64.2k£33.2k

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
2
filings
  • 2 persons-with-significant-control
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-04-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-04-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-03-01
    SMITH, David Thomas resigned
    director
  5. 2026-02-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-02-01
    GIBLIN, Christopher Kevin appointed
    director
  7. 2025-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2025-10-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-10-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-10-01
    TYLER, Rodger Dominick appointed
    director
  11. 2025-10-01
    TYLER, Rodger Dominick resigned
    director
  12. 2024-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2023-10-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  15. 2022-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2013-10-03
    🏢
    Company incorporated
    As GLOBAL METAL RECYCLING LTD
  21. 2013-10-03
    SMITH, David Thomas 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 ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: SMITH, David Thomas resigned 2026-03-01; TYLER, Rodger Dominick resigned 2025-10-01

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Christopher Kevin Giblin
Individual · British · DOB 05/1970 · age 56
sig. influencesignificant influence04/03/2026
1 historic (ceased) PSC
  • Mr David Thomas Smithceased 04/03/2026· 25-50% shares

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.

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Company details

Statusactive
Typeltd
Incorporated2013-10-03
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320

Registered office

85-87 Vauxhall Road
Liverpool
L3 6BN

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12

Officers (1 active · 2 resigned)

GIBLIN, Christopher Kevin
director · ~56y · appointed 2026-02-01
View their other companies + combined net worth →
Active
SMITH, David Thomas
director · ~35y · appointed 2013-10-03 · resigned 2026-03-01
Resigned
TYLER, Rodger Dominick
director · ~52y · appointed 2025-10-01 · resigned 2025-10-01
Resigned

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

Recent filings (32 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-02
termination-director-company-with-name-termination-date
officers · TM01
2026-03-04
appoint-person-director-company-with-name-date
officers · AP01
2026-02-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
termination-director-company-with-name-termination-date
officers · TM01
2025-10-31
appoint-person-director-company-with-name-date
officers · AP01
2025-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-31
certificate-change-of-name-company
change-of-name · CERTNM
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09