INTERNATIONAL RESOURCES AND RECYCLING INSTITUTE

💤Zombieactive
SC229430 · private-limited-guarant-nsc-limited-exemption · incorporated 2002-03-20
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
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Environmental consulting activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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

30/100
under pressure

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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
26 officers (2 active, 26 linked, 18 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
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.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (73 events)Click to expand
  1. 2025-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-16
    LUMSDEN, Alastair Jonathan resigned
    director
  3. 2025-04-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-04-15
    RAMSAY, Ewan Nicholson appointed
    director
  6. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-06-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2023-06-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-01-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-12-21
    HUNTER, Ewan resigned
    director
  13. 2022-06-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2022-06-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-06-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-06-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-05-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2021-05-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-05-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2021-05-24
    MACDONALD, Mairi resigned
    director
  22. 2019-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-08-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  24. 2019-05-30
    RAMSAY, Ewan Nicholson appointed
    secretary
  25. 2019-05-30
    FLEMING, Clare resigned
    secretary
  26. 2019-05-30
    HUNTER, Ewan appointed
    director
  27. 2019-05-30
    STANTON, Sharron May resigned
    director
  28. 2018-03-30
    FLEMING, Clare appointed
    secretary
  29. 2018-03-30
    LUMSDEN, Alastair Jonathan appointed
    director
  30. 2018-03-30
    MACDONALD, Mairi appointed
    director
  31. 2018-03-30
    SCOTT, Neil Gray resigned
    director
  32. 2018-03-30
    WISHART, Valerie Anne resigned
    director
  33. 2016-12-12
    STANTON, Sharron May appointed
    director
  34. 2016-07-17
    MAY, Sharron resigned
    secretary
  35. 2014-12-12
    MOORHOUSE, John Edwin resigned
    director
  36. 2014-12-12
    ROGERS, Colin George Eric resigned
    director
  37. 2014-02-04
    STEELE, William Alister resigned
    director
  38. 2014-02-03
    LYTH, Harold Nicholas Mark resigned
    director
  39. 2013-06-07
    STEELE, William Alister appointed
    director
  40. 2012-05-18
    🔓
    Charge satisfied #2
  41. 2011-11-16
    PALFREYMAN, John, Professor resigned
    director
  42. 2011-05-27
    ROBERTS, Christina Elizabeth Taylor resigned
    director
  43. 2011-05-20
    BLACKADDERS LLP resigned
    corporate-secretary
  44. 2011-05-19
    REGAN, George, Bailie resigned
    director
  45. 2011-05-14
    SCOTT, Neil Gray appointed
    director
  46. 2011-04-15
    MAY, Sharron appointed
    secretary
  47. 2011-04-15
    WISHART, Valerie Anne appointed
    director
  48. 2010-03-02
    🔒
    Charge registered #2
    Lender: Svenska Handelsbanken Ab (Publ)
  49. 2009-09-11
    ROGERS, Colin George Eric appointed
    director
  50. 2009-08-06
    BALL, Stewart Leslie resigned
    director
Showing most recent 50 of 73 events

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: 2026-04-03

🔒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

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 →
🔒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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2002-03-20
Jurisdictionscotland
Primary SIC74901 — Environmental consulting activities

Registered office

7 Dryburn Brae
West Linton
EH46 7JG
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-03OVERDUE
Last: 2025-03-20

Officers (2 active · 24 resigned)

RAMSAY, Ewan Nicholson
secretary · appointed 2019-05-30
View their other companies + combined net worth →
Active
RAMSAY, Ewan Nicholson
director · ~56y · appointed 2025-04-15
View their other companies + combined net worth →
Active
FLEMING, Clare
secretary · appointed 2018-03-30 · resigned 2019-05-30
Resigned
MAY, Sharron
secretary · appointed 2011-04-15 · resigned 2016-07-17
Resigned
BLACKADDERS
corporate-secretary · appointed 2005-11-24 · resigned 2008-04-01
Resigned
BLACKADDERS LLP
corporate-secretary · appointed 2008-04-01 · resigned 2011-05-20
Resigned
BURNESS
corporate-nominee-secretary · appointed 2002-03-20 · resigned 2004-08-01
Resigned
BURNESS LLP
corporate-secretary · appointed 2004-08-01 · resigned 2005-11-24
Resigned
BALL, Stewart Leslie
director · ~63y · appointed 2005-09-22 · resigned 2009-08-06
Resigned
HUNTER, Ewan
director · ~52y · appointed 2019-05-30 · resigned 2022-12-21
Resigned
LUMSDEN, Alastair Jonathan
director · ~35y · appointed 2018-03-30 · resigned 2025-04-16
Resigned
LYTH, Harold Nicholas Mark
director · ~72y · appointed 2002-03-21 · resigned 2014-02-03
Resigned
MACDONALD, Mairi
director · ~35y · appointed 2018-03-30 · resigned 2021-05-24
Resigned
MOORHOUSE, John Edwin
director · ~85y · appointed 2005-09-22 · resigned 2014-12-12
Resigned
OGWUDA, Olisanwendu Ikechukwuka, Dr
director · ~62y · appointed 2008-09-12 · resigned 2009-08-06
Resigned
PALFREYMAN, John, Professor
director · ~75y · appointed 2005-09-21 · resigned 2011-11-16
Resigned
REGAN, George, Bailie
director · ~83y · appointed 2007-09-12 · resigned 2011-05-19
Resigned
ROBERTS, Christina Elizabeth Taylor
director · ~65y · appointed 2009-04-17 · resigned 2011-05-27
Resigned
ROGERS, Colin George Eric
director · ~64y · appointed 2009-09-11 · resigned 2014-12-12
Resigned
SCOTT, Neil Gray
director · ~78y · appointed 2011-05-14 · resigned 2018-03-30
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Svenska Handelsbanken Ab (Publ)
Bond & floating charge1 property02/03/201018/05/2012
outstanding
Aib Group (UK)
Aib Group (UK) PLC
Floating charge1 property20/12/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (125 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-01
appoint-person-director-company-with-name-date
officers · AP01
2025-04-16
termination-director-company-with-name-termination-date
officers · TM01
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-10
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-13
gazette-notice-compulsory
gazette · GAZ1
2023-06-06
termination-director-company-with-name-termination-date
officers · TM01
2023-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-05
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-28