SPAN RECYCLING UK LTD

🏛️Establishedactive
SC606916 · ltd · incorporated 2018-08-31
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 Aug 2025
Net worth
book net assets
Opportunity
72/100
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.

What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38210SIC 38210
  • 38320SIC 38320
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 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
65
Adequate — check latest filings for context.
Acquirability
55
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£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2025-08-312024-08-31
Average employees300300

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-02-21
    FRAZHER, Stanley resigned
    director
  5. 2024-02-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-05-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-06-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-12-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-05-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2018-08-31
    🏢
    Company incorporated
    As SPAN RECYCLING UK LTD
  12. 2018-08-31
    FRAZHER, Neill appointed
    director
  13. 2018-08-31
    FRAZHER, Paul appointed
    director
  14. 2018-08-31
    FRAZHER, Stanley appointed
    director
  15. 2018-08-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited 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

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Frazher
Individual · British · DOB 01/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting31/08/2018
Mr Stanley Frazher
Individual · British · DOB 02/1951 · age 75
2550%
25–50%25-50% shares · 25-50% voting31/08/2018
Mr Neill Frazher
Individual · British · DOB 01/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting31/08/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Energy & utilities · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ENVIROCLEAN (SCOTLAND) LIMITED
SC176022 · est 1997
£9.58M
£6.90M£12.26M
24628y8459y
BARR + WRAY LIMITED
SC040952 · est 1964
£4.90M
£3.53M£6.28M
590061y8459y
BARR + WRAY HOLDINGS 2 LIMITED
SC276252 · est 2004
£1.34M
£963.0k£1.71M
021y8459y
BAILLIE WINDFARM LIMITED
SC256692 · est 2003 · no financials extracted
22y8371y
PHILIPHAUGH HYDRO LIMITED
SC398239 · est 2011 · no financials extracted
14y
PROACTIVE ENERGY LIMITED
SC351381 · est 2008 · no financials extracted
17y
PURE ALCHEMI LTD
SC814162 · est 2024 · no financials extracted
1y
RELIANCE CONTRACTS GROUP LIMITED
SC805685 · est 2024 · no financials extracted
2y
SCOTTISH WATER LIMITED
SC207004 · est 2000 · no financials extracted
25y
SF ELECTRICAL CONTRACTORS LTD.
SC519219 · est 2015 · no financials extracted
10y
STRONELAIRG WIND ESTATE LIMITED
SC432643 · est 2012 · no financials extracted
13y
THE JUNK MAN LTD
SC844145 · est 2025 · no financials extracted
1y
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
Incorporated2018-08-31
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

18 Garrell Road
Kilsyth
Glasgow
G65 9JX
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-13
Last: 2025-08-30

Officers (2 active · 1 resigned)

FRAZHER, Neill
director · ~44y · appointed 2018-08-31
View their other companies + combined net worth →
Active
FRAZHER, Paul
director · ~49y · appointed 2018-08-31
View their other companies + combined net worth →
Active
FRAZHER, Stanley
director · ~75y · appointed 2018-08-31 · resigned 2024-02-21
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-10
accounts-with-accounts-type-dormant
accounts · AA
2024-05-28
termination-director-company-with-name-termination-date
officers · TM01
2024-02-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-01
accounts-with-accounts-type-dormant
accounts · AA
2023-05-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-08
accounts-with-accounts-type-dormant
accounts · AA
2022-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-31
accounts-with-accounts-type-dormant
accounts · AA
2020-12-26
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-01
accounts-with-accounts-type-dormant
accounts · AA
2020-05-22