RECYCLED PACKAGING LTD.

🌳Matureactive
SC304939 · ltd · incorporated 2006-07-04
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 5.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 23990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 5.0y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 5.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
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
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
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£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 employees28002700

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 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. 2024-06-24
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  4. 2024-06-24
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  5. 2024-06-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-06-13
    🔒
    Charge registered #2
    Lender: Lloyds Bank Commercial Finance Limited
  7. 2023-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-23
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2023-01-26
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC04
  11. 2023-01-26
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC04
  12. 2022-12-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-11-23
    ➖
    FRAZHER, Stanley resigned
    director
  14. 2022-11-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2022-08-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2022-08-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2022-08-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2022-06-14
    📄
    memorandum-articles
    incorporation · MA
  19. 2022-06-14
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2022-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2022-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2021-05-18
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  24. 2016-07-31
    ➕
    FRAZHER, Stanley appointed
    director
  25. 2006-07-04
    🏢
    Company incorporated
    As RECYCLED PACKAGING LTD.
  26. 2006-07-04
    ➕
    FRAZHER, Neill Joseph appointed
    secretary
  27. 2006-07-04
    ➕
    FRAZHER, Neill Joseph appointed
    director
  28. 2006-07-04
    ➕
    FRAZHER, Paul Stephen appointed
    director
  29. 2006-07-04
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  30. 2006-07-04
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  31. 2006-07-04
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  32. 2006-07-04
    ➖
    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 20 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
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.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

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 LTD.
This company · SC304939

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
75–100%
—75-100% shares05/06/2022
2 historic (ceased) PSCs
  • Mr Neill Joseph Frazherceased 05/06/2022· 25-50% shares · 25-50% voting
  • Mr Paul Stephen Frazherceased 05/06/2022· 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 · Manufacturing · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DIESELEC THISTLE GENERATORS LIMITED→
SC269766 · est 2004
£7.66M
£5.96M–£9.37M
——1030021y8458y
CALEDONIAN PLYWOOD COMPANY LTD.→
SC195444 · est 1999
£6.46M
£5.02M–£7.89M
——810027y8572y
PITREAVIE PACKAGING LIMITED→
SC290452 · est 2005
£4.66M
£3.63M–£5.70M
£24.98M—1570020y8470y
PCT GROUP SALES LIMITED→
SC075642 · est 1981
£3.56M
£2.77M–£4.35M
——7744y8583y
PROMAT BD LIMITED→
SC208370 · est 2000
£3.41M
£2.65M–£4.17M
——850025y8770y
KELVINSIDE ELECTRONICS LIMITED→
SC105407 · est 1987
£3.30M
£2.57M–£4.03M
——5738y8465y
INDEPENDENT GLASS COMPANY LIMITED→
SC107294 · est 1987
£2.83M
£2.20M–£3.46M
——2180038y8579y
THOMAS TUNNOCK LIMITED→
SC028747 · est 1952
£2.26M
£1.76M–£2.76M
——65374y8593y
SAMTEC (EUROPE) LIMITED→
SC096674 · est 1986
£1.51M
£1.17M–£1.84M
——270040y8565y
SOAPWORKS LIMITED→
SC388292 · est 2010
£817.8k
£636.1k–£999.6k
£11.53M—1030015y8462y
WALKI LIMITED→
SC014320 · est 1926
£439.3k
£341.7k–£536.9k
——3599y9461y
LINIAN SUPPLY CO. LIMITED→
SC246119 · est 2003
———140023y8866y
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
Incorporated2006-07-04
Jurisdictionscotland
Primary SIC23990 — SIC 23990

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: 2027-02-08
Last: 2026-01-25

Officers (3 active · 3 resigned)

FRAZHER, Neill Joseph→
secretary · appointed 2006-07-04
View their other companies + combined net worth →
Active
FRAZHER, Neill Joseph→
director · ~44y · appointed 2006-07-04
View their other companies + combined net worth →
Active
FRAZHER, Paul Stephen→
director · ~49y · appointed 2006-07-04
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2006-07-04 · resigned 2006-07-04
Resigned
FRAZHER, Stanley→
director · ~75y · appointed 2016-07-31 · resigned 2022-11-23
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2006-07-04 · resigned 2006-07-04
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge—13/06/2024—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—18/05/2021—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-06-24
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-06-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-25
change-account-reference-date-company-current-shortened
accounts · AA01
2023-03-23
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2023-01-26
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2023-01-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-06