WEST LOTHIAN RECYCLING LIMITED
⚰️Wound downdissolved
SC193765 · ltd · incorporated 1999-02-24
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
52/100
Worth a look
What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
45 officers (7 active, 45 linked, 37 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
143 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.
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 (107 events)Click to expand
- 2021-04-08⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2021-04-08🏁Company dissolved
- 2021-01-08⚠️liquidation-voluntary-members-return-of-final-meeting-scotlandinsolvency · LIQ13(Scot)
- 2019-12-27📄resolutionresolution · RESOLUTIONS
- 2019-11-08📄resolutionresolution · RESOLUTIONS
- 2019-11-05📄capital-allotment-sharescapital · SH01
- 2019-10-08📄accounts-with-accounts-type-smallaccounts · AA
- 2018-11-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-10-26➕MARSHALL, Jack Graham appointeddirector
- 2018-10-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-23➖SUMMERS, Andrew John resigneddirector
- 2018-09-28📄accounts-with-accounts-type-smallaccounts · AA
- 2018-05-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-05-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-02-19➕NORTON, Michael James appointeddirector
- 2018-02-19➖SCOTT, Jonathan resigneddirector
- 2017-11-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-11-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-09-28➕SUMMERS, Andrew John appointeddirector
- 2017-07-06➖RILEY, John Merrilees resigneddirector
- 2017-07-04📄accounts-with-accounts-type-fullaccounts · AA
- 2016-09-27📄accounts-with-accounts-type-fullaccounts · AA
- 2016-07-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-07-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-07-04➖DOYLE, John resigneddirector
- 2016-07-04➕RILEY, John Merrilees appointeddirector
- 2016-02-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-02-12📄miscellaneousmiscellaneous · MISC
- 2015-10-12📄accounts-with-accounts-type-fullaccounts · AA
- 2015-09-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-09-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-07-31➕KIRKLAND, Craig appointeddirector
- 2015-06-30➖KIRKPATRICK, David Alexander resigneddirector
- 2015-05-31➖FROST, Gemma Louise resigneddirector
- 2015-05-31➕SCOTT, Jonathan appointeddirector
- 2014-11-12➕TARMAC SECRETARIES (UK) LIMITED appointedcorporate-secretary
- 2014-11-12➖FROST, Gemma resignedsecretary
- 2014-11-12➖HUME, Colin resigneddirector
- 2014-11-12➕KIRKPATRICK, David Alexander appointeddirector
- 2014-01-13➕MALCOLM, Graeme George appointeddirector
- 2014-01-13➕DOYLE, John appointeddirector
- 2013-08-31➖EDGAR, Steven resignedsecretary
- 2013-08-31➕FROST, Gemma appointedsecretary
- 2013-08-31➖EDGAR, Steven resigneddirector
- 2013-08-31➕FROST, Gemma Louise appointeddirector
- 2013-08-31➕HUME, Colin appointeddirector
- 2013-08-31➖MARSHALL, Jack Graham resigneddirector
- 2013-06-13➖TAYLOR, John Thomas resigneddirector
- 2013-04-30➖HILL, John Michael resigneddirector
- 2012-11-30➖HAMILTON, Robert Jardine resigneddirector
Showing most recent 50 of 107 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2021-04-08
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-04-08: gazette-dissolved-liquidation; 2021-01-08: liquidation-voluntary-members-return-of-final-meeting-scotland
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
Tarmac Trading Limited
Corporate parent · holds 25-50% shares
🏛️significant stake
West Lothian Council
Corporate parent · holds 25-50% shares
⬇
WEST LOTHIAN RECYCLING LIMITED
This company · SC193765
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Tarmac Trading Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
West Lothian Council Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Statusdissolved
Typeltd
Incorporated1999-02-24
Jurisdictionscotland
Primary SIC38320 — SIC 38320
Registered office
Cambusnethan House
Linnet Way
Strathclyde Business Park
Bellshill
ML4 3NJ
Filing status
Accounts
Next due: —
Last made up to: 2018-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 38 resigned)
TARMAC SECRETARIES (UK) LIMITED→
Activecorporate-secretary · appointed 2014-11-12
View their other companies + combined net worth →
CONN, Thomas→
Activedirector · ~67y · appointed 2012-05-10
View their other companies + combined net worth →
Active
KIRKLAND, Craig→
Activedirector · ~51y · appointed 2015-07-31
View their other companies + combined net worth →
MALCOLM, Graeme George→
Activedirector · ~63y · appointed 2014-01-13
View their other companies + combined net worth →
MARSHALL, Jack Graham→
Activedirector · ~61y · appointed 2018-10-26
View their other companies + combined net worth →
NORTON, Michael James→
Activedirector · ~49y · appointed 2018-02-19
View their other companies + combined net worth →
EDGAR, Steven→
Resignedsecretary · appointed 2010-07-30 · resigned 2013-08-31
FROST, Gemma→
Resignedsecretary · appointed 2013-08-31 · resigned 2014-11-12
JACKSON, Timothy Charles→
Resignedsecretary · appointed 1999-07-09 · resigned 2000-11-30
NORRIS, Charlie Fraser→
Resignedsecretary · appointed 2007-01-18 · resigned 2010-07-30
PARKES, Jeremy Keith→
Resignedsecretary · appointed 2004-08-26 · resigned 2007-01-18
REYNOLDS, Christopher Gordon→
Resignedsecretary · appointed 2000-11-30 · resigned 2004-08-26
D.W. COMPANY SERVICES LIMITED→
Resignedcorporate-secretary · appointed 1999-02-24 · resigned 1999-07-09
ANSON, Steve→
Resigneddirector · ~61y · appointed 2003-11-27 · resigned 2004-08-26
BARRITT, John Christopher→
Resigneddirector · ~79y · appointed 1999-07-09 · resigned 2001-07-20
CRAWFORD, Douglas James→
Resigneddirector · ~61y · appointed 1999-02-24 · resigned 1999-06-29
DE BOLD, Robert Paul→
Resigneddirector · ~47y · appointed 2007-07-10 · resigned 2012-05-03
DIXON, Robert Bruce→
Resigneddirector · ~82y · appointed 1999-07-09 · resigned 2002-03-31
DOYLE, John→
Resigneddirector · ~62y · appointed 2014-01-13 · resigned 2016-07-04
Click a director name to see their full track record across all companies.
Recent filings (143 total)
gazette-dissolved-liquidation
gazette · GAZ2
2021-04-08
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2021-01-08
resolution
resolution · RESOLUTIONS
2019-12-27
resolution
resolution · RESOLUTIONS
2019-11-08
capital-allotment-shares
capital · SH01
2019-11-05
accounts-with-accounts-type-small
accounts · AA
2019-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-28
appoint-person-director-company-with-name-date
officers · AP01
2018-11-05
termination-director-company-with-name-termination-date
officers · TM01
2018-10-24
accounts-with-accounts-type-small
accounts · AA
2018-09-28
appoint-person-director-company-with-name-date
officers · AP01
2018-05-25
termination-director-company-with-name-termination-date
officers · TM01
2018-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-24
appoint-person-director-company-with-name-date
officers · AP01
2017-11-03
termination-director-company-with-name-termination-date
officers · TM01
2017-11-03