WYLLIE RECYCLING LIMITED
- 38320SIC 38320
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
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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key 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 | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 49 | 3700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (38 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-09📄capital-name-of-class-of-sharescapital · SH08
- 2024-04-04📄memorandum-articlesincorporation · MA
- 2024-04-04📄resolutionresolution · RESOLUTIONS
- 2024-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-16📄capital-name-of-class-of-sharescapital · SH08
- 2024-01-16📄memorandum-articlesincorporation · MA
- 2024-01-16📄memorandum-articlesincorporation · MA
- 2024-01-16📄resolutionresolution · RESOLUTIONS
- 2024-01-08➕WYLLIE, Susan appointeddirector
- 2023-07-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-10📄capital-name-of-class-of-sharescapital · SH08
- 2022-11-10📄memorandum-articlesincorporation · MA
- 2022-11-10📄resolutionresolution · RESOLUTIONS
- 2022-07-01➕GILMOUR, John appointeddirector
- 2022-07-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-17➖WYLLIE, Mary Anne resigneddirector
- 2018-06-01🔒Charge registered #3Lender: Rbs Invoice Finance LTD
- 2016-05-05➕WYLLIE, Mary Anne appointeddirector
- 2014-06-06➖SHILLAN, Tracy Cecilia resigneddirector
- 2013-05-01➕SHILLAN, Tracy Cecilia appointeddirector
- 2012-07-09➖SHILLAN, Tracy Cecilia resigneddirector
- 2012-06-30➖WYLLIE, Mary Anne resignedsecretary
- 2012-06-30➖WYLLIE, Mary Anne resigneddirector
- 2011-10-05🔓Charge satisfied #1
- 2009-01-20🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2007-11-27➕SHILLAN, Tracy Cecilia appointeddirector
- 2003-08-27🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-06-26🏢Company incorporatedAs WYLLIE RECYCLING LIMITED
- 2003-06-26➕WYLLIE, James Robertson appointeddirector
- 2003-06-26➕WYLLIE, Mary Anne appointedsecretary
- 2003-06-26➕WYLLIE, Mary Anne appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Robertson Wyllie Individual · British · DOB 06/1962 · age 64 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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.
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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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 →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 · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 01/06/2018 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 20/01/2009 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 27/08/2003 | 05/10/2011 |