RECYCLED PACKAGING (SCOTLAND) LTD.

🌳Matureactive
SC236176 · ltd · incorporated 2002-08-30
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 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
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2025-03-312024-03-31
Average employees300200

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-21
    FRAZHER, Neill Joseph appointed
    director
  4. 2024-02-21
    FRAZHER, Stanley resigned
    director
  5. 2024-02-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2024-02-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-02-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-02-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-03-23
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2023-02-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2023-02-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2023-02-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2022-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2002-10-09
    FRAZHER, Paul Stephen appointed
    secretary
  21. 2002-10-09
    FRAZHER, Paul Stephen appointed
    director
  22. 2002-10-09
    FRAZHER, Stanley appointed
    director
  23. 2002-08-30
    🏢
    Company incorporated
    As RECYCLED PACKAGING (SCOTLAND) LTD.
  24. 2002-08-30
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  25. 2002-08-30
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  26. 2002-08-30
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  27. 2002-08-30
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Span Holdings (Scotland) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Span Holdings (Scotland) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
RECYCLED PACKAGING (SCOTLAND) LTD.
This company · SC236176

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Span Holdings (Scotland) Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting28/02/2023
2 historic (ceased) PSCs
  • Mr Stanley Frazherceased 27/02/2023· 25-50% shares
  • Mr Paul Stephen Frazherceased 27/02/2023· 25-50% shares

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 →

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ENVIROCLEAN (SCOTLAND) LIMITED
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£9.58M
£6.90M£12.26M
24628y8459y
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590061y8459y
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HIGHLANDER SECURITY SHREDDING LTD
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£646.8k15y8361y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2002-08-30
Jurisdictionscotland
Primary SIC39000 — SIC 39000

Registered office

18 Garrell Road
Kilsyth
Glasgow
G65 9JX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-13
Last: 2025-08-30

Officers (3 active · 3 resigned)

FRAZHER, Paul Stephen
secretary · appointed 2002-10-09
View their other companies + combined net worth →
Active
FRAZHER, Neill Joseph
director · ~44y · appointed 2024-02-21
View their other companies + combined net worth →
Active
FRAZHER, Paul Stephen
director · ~49y · appointed 2002-10-09
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2002-08-30 · resigned 2002-08-30
Resigned
FRAZHER, Stanley
director · ~75y · appointed 2002-10-09 · resigned 2024-02-21
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2002-08-30 · resigned 2002-08-30
Resigned

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

Recent filings (73 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-10
change-person-secretary-company-with-change-date
officers · CH03
2024-02-21
change-person-director-company-with-change-date
officers · CH01
2024-02-21
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
termination-director-company-with-name-termination-date
officers · TM01
2024-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
change-account-reference-date-company-current-shortened
accounts · AA01
2023-03-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-02-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-28