INTERNATIONAL RESOURCES AND RECYCLING INSTITUTE
Opportunity 67/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 20.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 accounts
Corporate timeline (73 events)Click to expand
- 2025-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-16➖LUMSDEN, Alastair Jonathan resigneddirector
- 2025-04-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-15➕RAMSAY, Ewan Nicholson appointeddirector
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-06-06📄gazette-notice-compulsorygazette · GAZ1
- 2023-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-21➖HUNTER, Ewan resigneddirector
- 2022-06-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-06-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-07📄gazette-notice-compulsorygazette · GAZ1
- 2022-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-05-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-25📄gazette-notice-compulsorygazette · GAZ1
- 2021-05-24➖MACDONALD, Mairi resigneddirector
- 2019-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-08📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-05-30➕RAMSAY, Ewan Nicholson appointedsecretary
- 2019-05-30➖FLEMING, Clare resignedsecretary
- 2019-05-30➕HUNTER, Ewan appointeddirector
- 2019-05-30➖STANTON, Sharron May resigneddirector
- 2018-03-30➕FLEMING, Clare appointedsecretary
- 2018-03-30➕LUMSDEN, Alastair Jonathan appointeddirector
- 2018-03-30➕MACDONALD, Mairi appointeddirector
- 2018-03-30➖SCOTT, Neil Gray resigneddirector
- 2018-03-30➖WISHART, Valerie Anne resigneddirector
- 2016-12-12➕STANTON, Sharron May appointeddirector
- 2016-07-17➖MAY, Sharron resignedsecretary
- 2014-12-12➖MOORHOUSE, John Edwin resigneddirector
- 2014-12-12➖ROGERS, Colin George Eric resigneddirector
- 2014-02-04➖STEELE, William Alister resigneddirector
- 2014-02-03➖LYTH, Harold Nicholas Mark resigneddirector
- 2013-06-07➕STEELE, William Alister appointeddirector
- 2012-05-18🔓Charge satisfied #2
- 2011-11-16➖PALFREYMAN, John, Professor resigneddirector
- 2011-05-27➖ROBERTS, Christina Elizabeth Taylor resigneddirector
- 2011-05-20➖BLACKADDERS LLP resignedcorporate-secretary
- 2011-05-19➖REGAN, George, Bailie resigneddirector
- 2011-05-14➕SCOTT, Neil Gray appointeddirector
- 2011-04-15➕MAY, Sharron appointedsecretary
- 2011-04-15➕WISHART, Valerie Anne appointeddirector
- 2010-03-02🔒Charge registered #2Lender: Svenska Handelsbanken Ab (Publ)
- 2009-09-11➕ROGERS, Colin George Eric appointeddirector
- 2009-08-06➖BALL, Stewart Leslie resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-03
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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8 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.
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See pricing →Company details
Registered office
Filing status
Officers (2 active · 24 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Svenska Handelsbanken Ab (Publ) | Bond & floating charge | 1 property | 02/03/2010 | 18/05/2012 | |
| outstanding | Aib Group (UK) Aib Group (UK) PLC | Floating charge | 1 property | 20/12/2005 | — |