CHANGING WASTE LTD

🏛️Establishedactive

10470933 · ltd · incorporated 2016-11-09

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 Dec 2025

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: SIC 38110

Sector: Water supply & waste

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (83/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

13 officers (2 active, 13 linked, 12 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

14 connected companies via shared directors

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-12-31	2024-12-31
Turnover	—	£8.91M
Gross profit	—	£3.71M
Operating profit	—	£-288.4k
Profit before tax	—	£-382.8k
Average employees	3900	4500

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (47 events)Click to expand

2026-07-07
📄
accounts-with-accounts-type-small
accounts · AA
2025-12-23
📄
accounts-with-accounts-type-full
accounts · AA
2024-12-30
📄
accounts-with-accounts-type-full
accounts · AA
2024-12-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-30
➖
SANDERSON, Lee David resigned
director
2024-11-30
➖
TURTON, Neil resigned
director
2024-11-20
📄
termination-director-company
officers · TM01
2024-11-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-12
➕
STOYELL, Christer Eric appointed
director
2024-11-12
➖
BOLLAND, Marc resigned
director
2024-11-12
➖
VIERGUTZ, Marina Nitsa resigned
director
2024-09-23
📄
second-filing-of-director-appointment-with-name
officers · RP04AP01
2024-09-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-06
➕
MADDAN, Ralph Buchanan appointed
director
2024-09-06
➕
BOLLAND, Marc appointed
director
2024-09-06
➖
HUNTER, Neil Francis resigned
director
2024-09-06
➖
KUESSNER, Michael resigned
director
2024-09-06
➕
VIERGUTZ, Marina Nitsa appointed
director
2024-09-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-03
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-02
➖
DUGUID, Adam Matthew resigned
secretary
2024-09-02
➖
DUGUID, Adam Matthew resigned
director
2024-01-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-08-09
📄
accounts-with-accounts-type-small
accounts · AA
2022-12-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-12-06
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-30
➖
WILLIAMSON, Allen resigned
director
2022-11-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-11-24
➕
DUGUID, Adam Matthew appointed
director
2022-11-24
➕
TURTON, Neil appointed
director
2022-04-01
➖
FOURACRES, Alan resigned
director
2021-10-05
➕
DUGUID, Adam Matthew appointed
secretary
2021-10-05
➕
SANDERSON, Lee David appointed
director
2020-08-25
➖
BOND, Harry Piers Shaw resigned
director
2017-11-15
➕
FOURACRES, Alan appointed
director
2017-09-01
➕
KUESSNER, Michael appointed
director
2017-09-01
➕
WILLIAMSON, Allen appointed
director
2016-11-09
🏢
Company incorporated
As CHANGING WASTE LTD
2016-11-09
➕
BOND, Harry Piers Shaw appointed
director
2016-11-09
➕
HUNTER, Neil Francis appointed
director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

46/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean

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

Group structure

Gvo B-1 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Gvo B-1 Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

CHANGING WASTE LTD

This company · 10470933

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Gvo B-1 Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	05/07/2017

2 historic (ceased) PSCs

Mr Allen Williamsonceased 24/11/2022· 25-50% shares · 25-50% voting
Mr Neil Francis Hunterceased 05/07/2017· 75-100% shares · 75-100% voting

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

Active · Energy & utilities · DN postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ANK & K LTD→ 11166024 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
B&B WASTE AND GARDEN SERVICES LTD→ 16425110 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BARTON SOLAR GATE BURTON LIMITED→ 14850200 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BESPOKE RECYCLING LTD→ 13123230 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
BESPOKE RECYCLING SOLUTIONS LTD→ 11447778 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
BROMPTON CLIMATE SERVICES LTD→ 13537100 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
BROWNS WASTE LIMITED→ 13305146 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
CARMAX AUTO LTD→ 11811421 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
CHEMDOSE LIMITED→ 05882760 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
CHIC OF GAINSBOROUGH LIMITED→ 08227126 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
CLARKESON RECYCLING LIMITED→ 05861177 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
CLEE METALS LIMITED→ 08046445 · 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

Incorporated2016-11-09

Jurisdictionengland-wales

Primary SIC38110 — SIC 38110

Registered office

Control Tower Hemswell Cliff Industrial Estate

Hemswell Cliff

Gainsborough

DN21 5TU

England

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-09-08

Last: 2025-08-25

Officers (2 active · 11 resigned)

MADDAN, Ralph Buchanan→

director · ~62y · appointed 2024-09-06

View their other companies + combined net worth →

Active

STOYELL, Christer Eric→

director · ~49y · appointed 2024-11-12

View their other companies + combined net worth →

Active

DUGUID, Adam Matthew→

secretary · appointed 2021-10-05 · resigned 2024-09-02

Resigned

BOLLAND, Marc→

director · ~67y · appointed 2024-09-06 · resigned 2024-11-12

Resigned

BOND, Harry Piers Shaw→

director · ~50y · appointed 2016-11-09 · resigned 2020-08-25

Resigned

DUGUID, Adam Matthew→

director · ~54y · appointed 2022-11-24 · resigned 2024-09-02

Resigned

FOURACRES, Alan→

director · ~62y · appointed 2017-11-15 · resigned 2022-04-01

Resigned

HUNTER, Neil Francis→

director · ~56y · appointed 2016-11-09 · resigned 2024-09-06

Resigned

KUESSNER, Michael→

director · ~55y · appointed 2017-09-01 · resigned 2024-09-06

Resigned

SANDERSON, Lee David→

director · ~52y · appointed 2021-10-05 · resigned 2024-11-30

Resigned

TURTON, Neil→

director · ~57y · appointed 2022-11-24 · resigned 2024-11-30

Resigned

VIERGUTZ, Marina Nitsa→

director · ~43y · appointed 2024-09-06 · resigned 2024-11-12

Resigned

WILLIAMSON, Allen→

director · ~53y · appointed 2017-09-01 · resigned 2022-11-30

Resigned

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

Recent filings (63 total)

accounts-with-accounts-type-small

accounts · AA

2026-07-07

accounts-with-accounts-type-full

accounts · AA

2025-12-23

confirmation-statement-with-updates

confirmation-statement · CS01

2025-09-05

accounts-with-accounts-type-full

accounts · AA

2024-12-30

termination-director-company-with-name-termination-date

officers · TM01

2024-12-23

termination-director-company-with-name-termination-date

officers · TM01

2024-12-02

termination-director-company-with-name-termination-date

officers · TM01

2024-12-02

termination-director-company

officers · TM01

2024-11-20

appoint-person-director-company-with-name-date

officers · AP01

2024-11-20

termination-director-company-with-name-termination-date

officers · TM01

2024-11-20

second-filing-of-director-appointment-with-name

officers · RP04AP01

2024-09-23

appoint-person-director-company-with-name-date

officers · AP01

2024-09-17

termination-director-company-with-name-termination-date

officers · TM01

2024-09-17

termination-director-company-with-name-termination-date

officers · TM01

2024-09-17

appoint-person-director-company-with-name-date

officers · AP01

2024-09-13