WYLLIE RECYCLING LIMITED

🌳Matureactive
SC251857 · ltd · incorporated 2003-06-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38320SIC 38320
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 82/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 22.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 22.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees493700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  4. 2024-04-04
    📄
    memorandum-articles
    incorporation · MA
  5. 2024-04-04
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-01-16
    📄
    capital-name-of-class-of-shares
    capital · SH08
  9. 2024-01-16
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-01-16
    📄
    memorandum-articles
    incorporation · MA
  11. 2024-01-16
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2024-01-08
    WYLLIE, Susan appointed
    director
  13. 2023-07-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-07-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2023-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-11-10
    📄
    capital-name-of-class-of-shares
    capital · SH08
  17. 2022-11-10
    📄
    memorandum-articles
    incorporation · MA
  18. 2022-11-10
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2022-07-01
    GILMOUR, John appointed
    director
  20. 2022-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2018-12-17
    WYLLIE, Mary Anne resigned
    director
  24. 2018-06-01
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance LTD
  25. 2016-05-05
    WYLLIE, Mary Anne appointed
    director
  26. 2014-06-06
    SHILLAN, Tracy Cecilia resigned
    director
  27. 2013-05-01
    SHILLAN, Tracy Cecilia appointed
    director
  28. 2012-07-09
    SHILLAN, Tracy Cecilia resigned
    director
  29. 2012-06-30
    WYLLIE, Mary Anne resigned
    secretary
  30. 2012-06-30
    WYLLIE, Mary Anne resigned
    director
  31. 2011-10-05
    🔓
    Charge satisfied #1
  32. 2009-01-20
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  33. 2007-11-27
    SHILLAN, Tracy Cecilia appointed
    director
  34. 2003-08-27
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  35. 2003-06-26
    🏢
    Company incorporated
    As WYLLIE RECYCLING LIMITED
  36. 2003-06-26
    WYLLIE, James Robertson appointed
    director
  37. 2003-06-26
    WYLLIE, Mary Anne appointed
    secretary
  38. 2003-06-26
    WYLLIE, Mary Anne appointed
    director

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Founder name in company name: Company name contains director surname "WYLLIE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 23 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James Robertson Wyllie
Individual · British · DOB 06/1962 · age 64
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mrs Mary Anne Wyllieceased 17/12/2018· significant influence

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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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
Incorporated2003-06-26
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

Ruthvenfield Way
Inveralmond Industrial Estate
Perth
PH1 3UF

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-10
Last: 2025-06-26

Officers (3 active · 5 resigned)

GILMOUR, John
director · ~64y · appointed 2022-07-01
View their other companies + combined net worth →
Active
WYLLIE, James Robertson
director · ~64y · appointed 2003-06-26
View their other companies + combined net worth →
Active
WYLLIE, Susan
director · ~62y · appointed 2024-01-08
View their other companies + combined net worth →
Active
WYLLIE, Mary Anne
secretary · appointed 2003-06-26 · resigned 2012-06-30
Resigned
SHILLAN, Tracy Cecilia
director · ~52y · appointed 2013-05-01 · resigned 2014-06-06
Resigned
SHILLAN, Tracy Cecilia
director · ~52y · appointed 2007-11-27 · resigned 2012-07-09
Resigned
WYLLIE, Mary Anne
director · ~59y · appointed 2016-05-05 · resigned 2018-12-17
Resigned
WYLLIE, Mary Anne
director · ~59y · appointed 2003-06-26 · resigned 2012-06-30
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance LTD
A registered charge01/06/2018
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property20/01/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property27/08/200305/10/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (93 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-12
capital-name-of-class-of-shares
capital · SH08
2024-04-09
memorandum-articles
incorporation · MA
2024-04-04
resolution
resolution · RESOLUTIONS
2024-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
appoint-person-director-company-with-name-date
officers · AP01
2024-01-19
capital-name-of-class-of-shares
capital · SH08
2024-01-16
memorandum-articles
incorporation · MA
2024-01-16
memorandum-articles
incorporation · MA
2024-01-16
resolution
resolution · RESOLUTIONS
2024-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-05
change-person-director-company-with-change-date
officers · CH01
2023-07-05