COMMERCIAL IT RECYCLING LTD

💤Zombieactive
10675077 · ltd · incorporated 2017-03-16
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 62090Other information technology service activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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, 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 · accounting standard unknown
Metric2025-03-312024-03-31

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
2
filings
  • 1 confirmation-statement
  • 1 address
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 address
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-04-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-12-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-12-04
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  5. 2024-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-05-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-05-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-05-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-04-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-06-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-06-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-06-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2017-11-07
    WAHEED, Shahida resigned
    director
  19. 2017-03-16
    🏢
    Company incorporated
    As COMMERCIAL IT RECYCLING LTD
  20. 2017-03-16
    KHALIQ, Muhammad Waheed appointed
    director
  21. 2017-03-16
    WAHEED, Shahida 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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Muhammad Waheed Khaliq
Individual · British · DOB 09/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/12/2025

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 · NG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CAPE RE 3 LIMITED
11219294 · est 2018 · no financials extracted
8y
CLEARCO GROUP LTD
16865646 · est 2025 · no financials extracted
CLICK & CLEAR RUBBISH REMOVAL LTD
12876286 · est 2020 · no financials extracted
5y
CLICK AND CLEAR WASTE SOLUTIONS LTD
11811235 · est 2019 · no financials extracted
7y
CLOTHES LINE RAGS LTD
11246283 · est 2018 · no financials extracted
8y
CMEC 4 LIMITED
08935922 · est 2014 · no financials extracted
12y
COMPASS DUE NORTH LTD
13668828 · est 2021 · no financials extracted
4y
D HARRISON AND SONS LTD
12542141 · est 2020 · no financials extracted
6y
DARK GREEN GROUP (LEVEN) LTD
16333454 · est 2025 · no financials extracted
1y
DC LAWN CLEAR & WASTE MANAGEMENT LTD
17061158 · est 2026 · no financials extracted
DCD PLASTIC LTD
13902612 · est 2022 · no financials extracted
4y
DEBDALE HILL LIMITED
08120910 · est 2012 · no financials extracted
13y
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
Incorporated2017-03-16
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000

Registered office

28 Gibbons Street
Nottingham
NG7 2SB
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-05
Last: 2026-03-22

Officers (1 active · 1 resigned)

KHALIQ, Muhammad Waheed
director · ~39y · appointed 2017-03-16
View their other companies + combined net worth →
Active
WAHEED, Shahida
director · ~43y · appointed 2017-03-16 · resigned 2017-11-07
Resigned

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

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-04
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-31