R.A.W PLANT AND RECYCLING LIMITED

💤Zombieactive
SC719506 · ltd · incorporated 2022-01-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Dec 2024
Net worth
£-442
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -41% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 2.4y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.4 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £442
Cash draining
Cash down 41% YoY
Cash YoY
-41%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£26k
↓ 41% YoY
Net Worth
-£442
↓ 21% YoY
Current Assets
£393k
↑ 93% YoY
Current Liabilities
-£442£78k£157k£236k£314k£393kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£677.9k£486.9k
Current assets£393.2k£203.5k
Cash£25.9k£43.9k
Debtors£367.3k£159.6k
Net assets£-442£-365

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
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-02-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2023-12-04
    🔒
    Charge registered #1
    Lender: Drumpellier and Mount Vernon Estates LLP
  7. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-03-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2023-03-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2022-01-11
    🏢
    Company incorporated
    As R.A.W PLANT AND RECYCLING LIMITED
  12. 2022-01-11
    WADDELL, Robert appointed
    director
  13. 2022-01-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-14

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Gillian Catherine Waddell
Individual · British · DOB 04/1987 · age 39
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest27/03/2023
Mr Robert Waddell
Individual · British · DOB 08/1989 · age 37
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest11/01/2022

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2022-01-11
Jurisdictionscotland
Primary SIC38210 — SIC 38210

Registered office

191 Station Road
Shotts
ML7 4BA
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-04-14OVERDUE
Last: 2025-03-31

Officers (1 active · 0 resigned)

WADDELL, Robert
director · ~37y · appointed 2022-01-11
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Drumpellier and Mount Vernon Estates
Drumpellier and Mount Vernon Estates LLP
A registered charge1 property04/12/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-31
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
incorporation-company
incorporation · NEWINC
2022-01-11