CASTLES SHREDDING LIMITED
🌳Matureactive
08891334 · ltd · incorporated 2014-02-12
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 78/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
31 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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Average employees | 100 | 100 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-01-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-10-15📄gazette-notice-compulsorygazette · GAZ1
- 2023-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-01➕VARRALL, Louisa Emma Jane appointeddirector
- 2021-09-09➖VARRALL, Robert Charles resigneddirector
- 2021-06-09📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-06-08📄gazette-notice-compulsorygazette · GAZ1
- 2020-09-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-02-12🏢Company incorporatedAs CASTLES SHREDDING LIMITED
- 2014-02-12➕VARRALL, Ian Peter appointeddirector
- 2014-02-12➕VARRALL, Robert Charles 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 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
39/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — VARRALL, Louisa Emma Jane (same surname) appointed 2021-11-01. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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 Ian Peter Varrall Individual · British · DOB 12/1952 · age 74 | 25–50% | — | 25-50% shares | 16/04/2016 |
1 historic (ceased) PSC
- Mr Robert Charles Varrallceased 09/09/2021· 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 →Similar companies
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|---|---|---|---|---|---|---|---|
| CANTERBURY ENVIRONMENT COMPANY LIMITED→ 12457522 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CHUNK'S RUBBISH REMOVAL LIMITED→ 12871381 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CK SKIPS LIMITED→ 13217921 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CLEARVALE SOLUTIONS LTD→ 16369270 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| D&A WATER HYGIENE SOLUTIONS LTD→ 15911764 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DB AGGREGATES LTD→ 16443329 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DIAMOND HYGIENE LIMITED→ 05961100 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| DOVORIAN LIMITED→ 16603353 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DT SERVICES (SOUTH EAST) LTD.→ 08143112 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| EC AIR LTD→ 11736135 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ECO MATTERS CO LIMITED→ 07066354 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| EIGHTY 3 SOLUTIONS LIMITED→ 11706865 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2014-02-12
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000
Registered office
Deal Business Park Minters Industrial Estate
Southwall Road
Deal
Kent
CT14 9PZ
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-08-11
Last: 2025-07-28
Officers (2 active · 1 resigned)
VARRALL, Ian Peter→
Activedirector · ~74y · appointed 2014-02-12
View their other companies + combined net worth →
VARRALL, Louisa Emma Jane→
Activedirector · ~44y · appointed 2021-11-01
View their other companies + combined net worth →
VARRALL, Robert Charles→
Resigneddirector · ~99y · appointed 2014-02-12 · resigned 2021-09-09
Click a director name to see their full track record across all companies.
Recent filings (31 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
gazette-notice-compulsory
gazette · GAZ1
2024-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-01
termination-director-company-with-name-termination-date
officers · TM01
2021-11-10
appoint-person-director-company-with-name-date
officers · AP01
2021-11-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-10
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-28