TEXTILE RECYCLING INTERNATIONAL TOPCO LIMITED
🌿Early-stageactive
15629700 · ltd · incorporated 2024-04-09
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
—
book net assets
Opportunity
69/100
Strong
What this business does
A pure holding company vehicle, incorporated in 2024 and registered under a generic holding company SIC code, that sits atop a corporate structure likely linked to textile recycling operations, managing subsidiary ownership rather than conducting any direct trading or operational activity itself.
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
1 live charge · oldest 2.0y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.0 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (67/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 7 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Average employees | 101800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 90 days
4
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
6
filings
- • 4 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-04-28📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2026-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-10➖WOODWARD, Michelle resigneddirector
- 2026-04-07📄accounts-with-accounts-type-groupaccounts · AA
- 2026-02-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-10➕JACKSON, Andrew appointeddirector
- 2025-12-16➖HITCHEN, Louisa resigneddirector
- 2025-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-01➕ORYE, Michael appointeddirector
- 2025-05-27📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2025-04-30➕VISTRA COSEC LIMITED appointedcorporate-secretary
- 2025-02-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-01➕HITCHEN, Louisa appointeddirector
- 2025-02-01➕WOODWARD, Michelle appointeddirector
- 2025-01-31➖SMITH, Mark Burrows resigneddirector
- 2024-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-31➖WRIGHT, Colin William resigneddirector
- 2024-07-30📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-05-17📄resolutionresolution · RESOLUTIONS
- 2024-05-17📄memorandum-articlesincorporation · MA
- 2024-05-14📄capital-allotment-sharescapital · SH01
- 2024-05-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-09🔒Charge registered #1Lender: Lgt Private Debt (UK) LTD. as Security Trustee
- 2024-04-09🏢Company incorporatedAs TEXTILE RECYCLING INTERNATIONAL TOPCO LIMITED
- 2024-04-09➕CLARK, Matthew Gordon appointeddirector
- 2024-04-09➕SMITH, Mark Burrows appointeddirector
- 2024-04-09➕WRIGHT, Colin William appointeddirector
- 2024-04-09📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-04-09📄incorporation-companyincorporation · NEWINC
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Young company: Only 2.1 years old — management layer unlikely to be developed.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: HITCHEN, Louisa resigned 2025-12-16; WOODWARD, Michelle resigned 2026-04-10
🔒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 · Holding company · WV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 CLIFF PLACE HOLDINGS LIMITED→ 16172884 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 5DT (HOLDINGS) LIMITED→ 15630215 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 89 BURLEIGH ROAD (FREEHOLD) LIMITED→ 15183875 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A & C CONTRACTS GROUP HOLDING COMPANY LIMITED→ 14887788 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AARYAN (AB) HOLDINGS LIMITED→ 16688053 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACACIA HOLDINGS (SHROPSHIRE) LTD→ 15105598 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADDISS HOLDINGS LIMITED→ 10568400 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADECYN'S GROUP LIMITED→ 14266966 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADEPT MOVE LTD→ 12368039 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADEPTIO LAW (WEST MIDLANDS) LIMITED→ 15912596 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADEPTIO LAW MIDCO LIMITED→ 15907916 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADEPTIO LAW TOPCO LIMITED→ 15900919 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2024-04-09
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Beldray Works Beldray Road
Bilston
Wolverhampton
West Midlands
WV14 7NH
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08
Officers (4 active · 4 resigned)
VISTRA COSEC LIMITED→
Activecorporate-secretary · appointed 2025-04-30
View their other companies + combined net worth →
CLARK, Matthew Gordon→
Activedirector · ~56y · appointed 2024-04-09
View their other companies + combined net worth →
JACKSON, Andrew→
Activedirector · ~53y · appointed 2026-02-10
View their other companies + combined net worth →
ORYE, Michael→
Activedirector · ~54y · appointed 2025-08-01
View their other companies + combined net worth →
HITCHEN, Louisa→
Resigneddirector · ~37y · appointed 2025-02-01 · resigned 2025-12-16
SMITH, Mark Burrows→
Resigneddirector · ~59y · appointed 2024-04-09 · resigned 2025-01-31
WOODWARD, Michelle→
Resigneddirector · ~55y · appointed 2025-02-01 · resigned 2026-04-10
WRIGHT, Colin William→
Resigneddirector · ~49y · appointed 2024-04-09 · resigned 2024-07-31
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lgt Private Debt (UK) . as Security Trustee Lgt Private Debt (UK) LTD. as Security Trustee | A registered charge | — | 09/05/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
change-corporate-secretary-company-with-change-date
officers · CH04
2026-04-28
termination-director-company-with-name-termination-date
officers · TM01
2026-04-14
accounts-with-accounts-type-group
accounts · AA
2026-04-07
appoint-person-director-company-with-name-date
officers · AP01
2026-02-18
termination-director-company-with-name-termination-date
officers · TM01
2025-12-16
appoint-person-director-company-with-name-date
officers · AP01
2025-08-24
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
appoint-person-director-company-with-name-date
officers · AP01
2025-02-05
appoint-person-director-company-with-name-date
officers · AP01
2025-02-05
termination-director-company-with-name-termination-date
officers · TM01
2025-02-05
termination-director-company-with-name-termination-date
officers · TM01
2024-08-12
change-account-reference-date-company-current-extended
accounts · AA01
2024-07-30
resolution
resolution · RESOLUTIONS
2024-05-17