YES RECYCLING (FIFE) LTD
- 22290SIC 22290
Opportunity 31/100 (pass), bankability 12/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (100/100). Current lenders should be on immediate intervention.
Refinance opportunity
3 live charges · 3 lenders · oldest 6.2y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 6.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2021-10-31 |
|---|---|
| Total assets | £1.65M |
| Current assets | £300.6k |
| Cash | £29.6k |
| Debtors | £241.7k |
| Net assets | £-1.30M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 insolvency
Corporate timeline (34 events)Click to expand
- 2025-11-21⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2025-11-13⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2025-07-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-20⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2025-04-22⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2024-11-22⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2024-05-31⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2024-03-04⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2023-11-29⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2023-11-16⚠️liquidation-in-administration-statement-of-affairs-with-form-attached-scotlandinsolvency · AM02(Scot)
- 2023-07-04⚠️liquidation-in-administration-notice-deemed-approval-of-proposals-scotlandinsolvency · AM06(Scot)
- 2023-06-14⚠️liquidation-in-administration-notice-administrators-proposals-scotlandinsolvency · AM03(Scot)
- 2023-04-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-24⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · AM01(Scot)
- 2023-02-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-02-09📄capital-allotment-sharescapital · SH01
- 2022-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-18📄capital-name-of-class-of-sharescapital · SH08
- 2022-10-14📄capital-name-of-class-of-sharescapital · SH08
- 2022-10-07📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-10-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-30🔒Charge registered #3Lender: Lloyds Bank Commercial Finance Limited
- 2022-09-27➖STRAIN, Trevor John resigneddirector
- 2022-09-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-09-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-11➕HART, Matthew Paul appointeddirector
- 2021-11-11➕WINTER, Jamie appointeddirector
- 2021-11-11➕STRAIN, Trevor John appointeddirector
- 2021-06-15🔒Charge registered #2Lender: Triodos Bank UK Limited
- 2020-02-06🔒Charge registered #1Lender: Ecosurety Limited as Security Agent for the Secured Parties
- 2019-12-13🏢Company incorporatedAs YES RECYCLING (FIFE) LTD
- 2019-12-13➕KUTLUOGLU, Omer appointeddirector
- 2019-12-13➕TASKENT, Turul appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
Red flags
4 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2023-07-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2023-12-26
Company is in a formal insolvency or administration process. Treat accordingly.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-11-21: liquidation-in-administration-progress-report-scotland; 2025-11-13: liquidation-in-administration-extension-of-period-scotland
Group structure
Wm Morrison Supermarkets Limited holds majority control (50-75%). Likely parent but not wholly-owned.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Wm Morrison Supermarkets Limited Corporate entity | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 01/07/2022 |
2 historic (ceased) PSCs
- Mr Turul Taskentceased 01/07/2022· 25-50% shares · 25-50% voting
- Mr Omer Kutluogluceased 01/07/2022· 25-50% shares · 25-50% voting
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.
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12 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 (4 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | — | 30/09/2022 | — | |
| outstanding | Triodos Bank UK Triodos Bank UK Limited | A registered charge | — | 15/06/2021 | — | |
| outstanding | Ecosurety as Security Agent for the Secured Parties Ecosurety Limited as Security Agent for the Secured Parties | A registered charge | — | 06/02/2020 | — |