BUSHFIELD RECYCLING LTD

🌿Early-stageactive
15566302 · ltd · incorporated 2024-03-16
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-2.5k
book net assets
Opportunity
68/100
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 38110
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (70/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,522

Key financials

1 year extracted from filed iXBRL accounts
Cash
£1k
Net Worth
-£3k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£-2.5k
Cash£1.0k
Net assets£-2.5k

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
  • 2 officers
Last 180 days
8
filings
  • 3 officers
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-02-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-01-26
    GARTON, Luke Shaun appointed
    director
  4. 2026-01-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2026-01-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-01-26
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2026-01-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2025-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-03-16
    🏢
    Company incorporated
    As BUSHFIELD RECYCLING LTD
  10. 2024-03-16
    GUINNELLY, Ciaran Michael appointed
    director
  11. 2024-03-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-01-26: certificate-change-of-name-company

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ciaran Michael Guinnelly
Individual · British · DOB 04/1999 · age 27
75100%
75–100%75-100% shares · 75-100% voting16/03/2024
Mr Luke Shaun Garton
Individual · British · DOB 12/1989 · age 37
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest26/01/2026

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Energy & utilities · CR postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ALEX ECO LTD
17098978 · est 2026 · no financials extracted
ANI POWER LIMITED
10448529 · est 2016 · no financials extracted
9y
AQUATECH WATER TREATMENT PRODUCTS AND SERVICES LTD
04542368 · est 2002 · no financials extracted
23y
ARINNA SOLAR LIMITED
12051406 · est 2019 · no financials extracted
6y
BATHROOM WAREHOUSE UK LIMITED
06219999 · est 2007 · no financials extracted
18y
BIO COLLECTORS HOLDINGS LIMITED
08104785 · est 2012 · no financials extracted
13y
BLU 1 SKIP HIRE LIMITED
09915521 · est 2015 · no financials extracted
10y
BONWYCKS LONDON LTD
15959997 · est 2024 · no financials extracted
1y
BRAZUKSKIP & MOTORCYCLE FOR RENT LTD
14476419 · est 2022 · no financials extracted
3y
BREEZERIGHT LTD
17082594 · est 2026 · no financials extracted
BUFAN POWER HOLDING LIMITED
12556455 · est 2020 · no financials extracted
6y
CAMPBELL RECLAIMS LTD
16533358 · est 2025 · no financials extracted
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
Incorporated2024-03-16
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

38b Monahan Avenue
Purley
CR8 3BA
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (2 active · 0 resigned)

GARTON, Luke Shaun
director · ~37y · appointed 2026-01-26
View their other companies + combined net worth →
Active
GUINNELLY, Ciaran Michael
director · ~27y · appointed 2024-03-16
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

change-person-director-company-with-change-date
officers · CH01
2026-02-20
change-person-director-company-with-change-date
officers · CH01
2026-02-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-26
appoint-person-director-company-with-name-date
officers · AP01
2026-01-26
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-26
certificate-change-of-name-company
change-of-name · CERTNM
2026-01-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-09
incorporation-company
incorporation · NEWINC
2024-03-16