VANDEN RECYCLING LIMITED
Opportunity 74/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 10.9y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 10.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Profit before tax | £18.9k | £-781.0k |
| Average employees | 59 | 6500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 resolution
- • 1 capital
- • 1 resolution
- • 1 capital
- • 1 accounts
Corporate timeline (33 events)Click to expand
- 2026-03-11📄resolutionresolution · RESOLUTIONS
- 2026-03-10📄capital-allotment-sharescapital · SH01
- 2025-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2025-11-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-01➕SMITH, Bradley James appointeddirector
- 2025-11-01➖GEORGE, Owen Lloyd resigneddirector
- 2025-07-09📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-27➖ATKINSON, Philip John resigneddirector
- 2024-11-27➕GEORGE, Owen Lloyd appointeddirector
- 2024-10-25📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-25📄change-person-director-company-with-change-dateofficers · CH01
- 2024-08-28📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-29📄accounts-with-accounts-type-smallaccounts · AA
- 2023-05-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-10📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-07📄capital-cancellation-sharescapital · SH06
- 2023-02-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-31📄capital-return-purchase-own-sharescapital · SH03
- 2023-01-24🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2020-01-21➕ATKINSON, Philip John appointeddirector
- 2019-04-29🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) LTD
- 2019-04-29🔒Charge registered #2Lender: Hsbc Invoice Finance (UK) LTD
- 2015-06-30🔒Charge registered #1Lender: Hsbc Bank PLC
- 2012-03-05🏢Company incorporatedAs VANDEN RECYCLING LIMITED
- 2012-03-05➕CARAPETIS, John Phillip appointeddirector
- 2012-03-05➕VAN LEUVEN, Damien appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Grundon Waste Management Limited holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Grundon Waste Management Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 21/01/2020 |
Mr John Phillip Carapetis Individual · Australian · DOB 08/1979 · age 47 | 25–50% | — | 25-50% shares | 06/04/2016 |
Damien Van Leuven Individual · Australian · DOB 11/1983 · age 43 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (3 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 24/01/2023 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 29/04/2019 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 29/04/2019 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 30/06/2015 | — |