KEENAN (RECYCLING) LIMITED
🌳Matureactive
SC254053 · ltd · incorporated 2003-08-11
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.1y old — refinance window within 12 months
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
72/100
Strong
What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 22.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 28/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
17 officers (3 active, 17 linked, 13 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
124 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
6
filings
- • 3 other
- • 2 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (65 events)Click to expand
- 2026-01-08📄legacyother · GUARANTEE2
- 2026-01-06📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-01-06📄legacyaccounts · PARENT_ACC
- 2026-01-06📄legacyother · GUARANTEE2
- 2026-01-06📄legacyother · AGREEMENT2
- 2024-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-02🔓Charge satisfied #4
- 2024-12-02🔓Charge satisfied #3
- 2024-12-02🔓Charge satisfied #2
- 2024-12-02🔓Charge satisfied #1
- 2024-11-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-11-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-04📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-11-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-04📄capital-allotment-sharescapital · SH01
- 2024-10-30➕PARSONS, Sarah Christine appointedsecretary
- 2024-10-30➕ANGELL, Marc Anthony appointeddirector
- 2024-10-30➕TOPHAM, Michael Robert Mason appointeddirector
- 2024-10-30➖CLARK, James Anderson resigneddirector
- 2024-10-30➖CLARK, Ritchie resigneddirector
- 2024-10-30➖KEENAN, Claire Margaret resigneddirector
- 2024-10-30➖KEENAN, Grant Melvin resigneddirector
- 2024-10-30➖KEENAN, Gregor resigneddirector
- 2024-10-30➖KEENAN, James Melvin resigneddirector
- 2024-10-30➖PUGH, Richard John resigneddirector
- 2024-05-20🔓Charge satisfied #5
- 2021-04-01➕KEENAN, Claire Margaret appointeddirector
- 2016-08-11🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2016-07-11➕CLARK, Ritchie appointeddirector
- 2016-06-30➖GUNN, Andrew Graeme resigneddirector
- 2016-06-30➖THOMSON, Andrew James resigneddirector
- 2015-09-15➕CLARK, James Anderson appointeddirector
- 2015-09-15➖KEENAN, Agnes Hamilton resigneddirector
- 2015-09-15➕PUGH, Richard John appointeddirector
- 2015-01-27➕GUNN, Andrew Graeme appointeddirector
- 2013-11-22➖MCCALL, William resigneddirector
- 2013-01-24➕MCCALL, William appointeddirector
- 2013-01-24➕THOMSON, Andrew James appointeddirector
Showing most recent 50 of 65 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Biffa Waste Services Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Biffa Waste Services Limited
Corporate parent · holds 75-100% shares · board control
⬇
KEENAN (RECYCLING) LIMITED
This company · SC254053
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Biffa Waste Services Limited Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 30/10/2024 |
2 historic (ceased) PSCs
- Bgf Gp Limitedceased 30/10/2024· 25-50% shares · 25-50% voting
- Business Growth Fund Plcceased 01/10/2017· 25-50% shares · 25-50% voting
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
Active · Energy & utilities · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ENVIROCLEAN (SCOTLAND) LIMITED→ SC176022 · est 1997 | £9.58M £6.90M–£12.26M | — | — | 246 | 28y | 84 | 59y |
| BARR + WRAY LIMITED→ SC040952 · est 1964 | £4.90M £3.53M–£6.28M | — | — | 5900 | 61y | 84 | 59y |
| BARR + WRAY HOLDINGS 2 LIMITED→ SC276252 · est 2004 | £1.34M £963.0k–£1.71M | — | — | 0 | 21y | 84 | 59y |
| BARR + WRAY HOLDINGS LIMITED→ SC175728 · est 1997 | £1.34M £963.0k–£1.71M | — | — | 0 | 29y | 82 | 59y |
| BAILLIE WINDFARM LIMITED→ SC256692 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 71y |
| HIGHLANDER INTERNATIONAL RECYCLING LIMITED→ SC265586 · est 2004 | — | — | £1.59M | — | 22y | 83 | 61y |
| HIGHLANDER SECURITY SHREDDING LTD→ SC395423 · est 2011 | — | — | £646.8k | — | 15y | 83 | 61y |
| SPRUCE CARPETS LTD.→ SC280302 · est 2005 · no financials extracted | — | — | — | — | 21y | 83 | 70y |
| DPM WATER TECHNOLOGIES LIMITED→ SC264863 · est 2004 | — | — | £353.6k | — | 22y | 82 | 71y |
| DRAINTEC SOLUTIONS LIMITED→ SC303174 · est 2006 | — | — | £800.9k | — | 19y | 82 | 60y |
| ENVIROCLEAN CONTRACTS LTD→ SC360560 · est 2009 | — | — | — | — | 16y | 82 | 58y |
| MITCHELL THOMSON LIMITED→ SC028501 · est 1951 | — | — | £251.0k | — | 74y | 82 | 58y |
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
Incorporated2003-08-11
Jurisdictionscotland
Primary SIC38210 — SIC 38210
Registered office
101 Clydesmill Drive
Cambuslang
Glasgow
G32 8RG
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-15
Last: 2026-04-01
Officers (3 active · 14 resigned)
PARSONS, Sarah Christine→
Activesecretary · appointed 2024-10-30
View their other companies + combined net worth →
ANGELL, Marc Anthony→
Activedirector · ~46y · appointed 2024-10-30
View their other companies + combined net worth →
TOPHAM, Michael Robert Mason→
Activedirector · ~54y · appointed 2024-10-30
View their other companies + combined net worth →
KEENAN, Claire→
Resignedsecretary · appointed 2003-08-11 · resigned 2008-11-20
FIRST SCOTTISH SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-08-11 · resigned 2003-08-11
CLARK, James Anderson→
Resigneddirector · ~72y · appointed 2015-09-15 · resigned 2024-10-30
CLARK, Ritchie→
Resigneddirector · ~50y · appointed 2016-07-11 · resigned 2024-10-30
GUNN, Andrew Graeme→
Resigneddirector · ~58y · appointed 2015-01-27 · resigned 2016-06-30
KEENAN, Agnes Hamilton→
Resigneddirector · ~81y · appointed 2004-03-29 · resigned 2015-09-15
KEENAN, Claire Margaret→
Resigneddirector · ~49y · appointed 2021-04-01 · resigned 2024-10-30
KEENAN, Grant Melvin→
Resigneddirector · ~53y · appointed 2003-08-11 · resigned 2024-10-30
KEENAN, Gregor→
Resigneddirector · ~51y · appointed 2004-03-29 · resigned 2024-10-30
KEENAN, James Melvin→
Resigneddirector · ~77y · appointed 2004-03-29 · resigned 2024-10-30
MCCALL, William→
Resigneddirector · ~62y · appointed 2013-01-24 · resigned 2013-11-22
PUGH, Richard John→
Resigneddirector · ~42y · appointed 2015-09-15 · resigned 2024-10-30
THOMSON, Andrew James→
Resigneddirector · ~63y · appointed 2013-01-24 · resigned 2016-06-30
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2003-08-11 · resigned 2003-08-11
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | 2 properties | 11/08/2016 | 20/05/2024 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 19/11/2012 | 02/12/2024 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/10/2007 | 02/12/2024 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 22/06/2004 | 02/12/2024 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 28/04/2004 | 02/12/2024 |
Recent filings (124 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
legacy
other · GUARANTEE2
2026-01-08
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-06
legacy
accounts · PARENT_ACC
2026-01-06
legacy
other · GUARANTEE2
2026-01-06
legacy
other · AGREEMENT2
2026-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-01
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-02
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-02
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-02
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-05
appoint-person-director-company-with-name-date
officers · AP01
2024-11-05
appoint-person-director-company-with-name-date
officers · AP01
2024-11-05
termination-director-company-with-name-termination-date
officers · TM01
2024-11-04