CIRCULAR RENEWABLES LTD
💤Zombieactive
13664819 · ltd · incorporated 2021-10-06
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 Oct 2024
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 33190
Sector: Manufacturing
ALSO REGISTERED FOR
- 71122Engineering related scientific and technical consulting activities
- 71129Other engineering activities
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. 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: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 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
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 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
60
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 accountsCash
—
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 | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 300 | 500 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-08-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-19📄capital-allotment-sharescapital · SH01
- 2023-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-20➖BRODISON, Andrew Robert resigneddirector
- 2021-11-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-08➕BRODISON, Andrew Robert appointeddirector
- 2021-11-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-11-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-06🏢Company incorporatedAs CIRCULAR RENEWABLES LTD
- 2021-10-06➕BINNS, Richard appointeddirector
- 2021-10-06📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Binns Individual · British · DOB 09/1992 · age 34 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/10/2021 |
Mrs Natalie Elizabeth Binns Individual · British · DOB 06/1993 · age 33 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 18/11/2024 |
1 historic (ceased) PSC
- Mr Andrew Robert Brodisonceased 14/01/2022· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CALEDONIANTIMBERSOLUTION LTD→ 17091168 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CENTRE LINE MACHINING LIMITED→ 06678657 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CENTURY FRAMES LIMITED→ 06079491 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| CERBERUS FABRICATION LTD→ 16522107 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CERTEX LIFTING LIMITED→ 05304747 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| CHAPTER TWO LONDON LTD→ 16687454 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHRISTOPHER JAMES CONTRACT INTERIORS LIMITED→ 11680173 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CLARKE CHAPMAN LIMITED→ 04120617 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| CLARKS VEHICLE CONVERSIONS LIMITED→ 03704803 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| CLAYTON LOCOMOTIVES LIMITED→ 16922957 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLEAN POWER HYDROGEN GROUP LIMITED→ 10286500 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CLEAN TECH U.K. LIMITED→ 10445078 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2021-10-06
Jurisdictionengland-wales
Primary SIC33190 — SIC 33190
Registered office
Gate Farm
Balkholme
Goole
DN14 7XH
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05
Officers (1 active · 1 resigned)
BINNS, Richard→
Activedirector · ~34y · appointed 2021-10-06
View their other companies + combined net worth →
BRODISON, Andrew Robert→
Resigneddirector · ~42y · appointed 2021-11-08 · resigned 2022-01-20
Click a director name to see their full track record across all companies.
Recent filings (21 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-05
capital-allotment-shares
capital · SH01
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-18