CALEDONIA ELT RECYCLING LTD
🌿Early-stageactive
SC761700 · ltd · incorporated 2023-03-09
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£333.9k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -82% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).
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, 1 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
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £333,892
Cash draining
Cash down 82% YoY
Cash YoY
-82%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£20k
↓ 82% YoY
Net Worth
£334k
↑ 21% YoY
Current Assets
£533k
↑ 41% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £362.8k | £289.5k |
| Current assets | £533.2k | £378.7k |
| Cash | £20.4k | £115.5k |
| Debtors | £509.8k | £262.5k |
| Net assets | £333.9k | £275.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-02-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-09-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-19➖DONNELLY, Eugene Brendan resigneddirector
- 2025-03-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-09➕MCBRIDE, Patrick appointeddirector
- 2024-03-09➕O'CALLAGHAN, Michael appointeddirector
- 2024-03-08➕JOHNSTONE, Stephanie appointeddirector
- 2024-03-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-19📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-03-09🏢Company incorporatedAs CALEDONIA ELT RECYCLING LTD
- 2023-03-09➕DONNELLY, Eugene Brendan appointeddirector
- 2023-03-09📄incorporation-companyincorporation · NEWINC
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Markorah Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Markorah Limited
Corporate parent · holds 75-100% shares
⬇
CALEDONIA ELT RECYCLING LTD
This company · SC761700
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Markorah Limited Corporate entity | 75–100% | — | 75-100% shares | 09/03/2023 |
1 historic (ceased) PSC
- Mr Eugene Brendan Donnellyceased 09/03/2023· 75-100% shares · 75-100% voting · board control
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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BADABINS WASTE REMOVAL LIMITED→ SC883221 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BIG BATTERY (AIRD FARM) LIMITED→ SC722128 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BIG BATTERY (RANNOCH) LIMITED→ SC745597 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BROCKLOCH RIG WINDFARM LIMITED→ SC149100 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| CAMPBELL'S AIR CONDITIONING AND REFRIGERATION LIMITED→ SC215667 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| COLWOOD GRAB HIRE LTD→ SC837000 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CONHARLIL LIMITED→ SC494204 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CUE PROPS CIC→ SC711933 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CWK WASTE TRANSFER SOLUTIONS LTD→ SC734347 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CWSSOP LIMITED→ SC848482 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DG HOLDINGS SCOTLAND LTD→ SC664697 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DOUGALL POWER INSTALLATIONS LTD→ SC537322 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2023-03-09
Jurisdictionscotland
Primary SIC38210 — SIC 38210
Registered office
Block 16 South Avenue
Blantyre Industrial Estate
Glasgow
South Lanarkshire
G72 0XB
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (3 active · 1 resigned)
JOHNSTONE, Stephanie→
Activedirector · ~37y · appointed 2024-03-08
View their other companies + combined net worth →
MCBRIDE, Patrick→
Activedirector · ~55y · appointed 2024-03-09
View their other companies + combined net worth →
O'CALLAGHAN, Michael→
Activedirector · ~50y · appointed 2024-03-09
View their other companies + combined net worth →
DONNELLY, Eugene Brendan→
Resigneddirector · ~59y · appointed 2023-03-09 · resigned 2025-09-19
Click a director name to see their full track record across all companies.
Recent filings (15 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-13
termination-director-company-with-name-termination-date
officers · TM01
2025-09-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-27
appoint-person-director-company-with-name-date
officers · AP01
2024-11-26
appoint-person-director-company-with-name-date
officers · AP01
2024-11-26
change-person-director-company-with-change-date
officers · CH01
2024-04-18
appoint-person-director-company-with-name-date
officers · AP01
2024-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-03-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-08
change-account-reference-date-company-current-extended
accounts · AA01
2023-09-19
incorporation-company
incorporation · NEWINC
2023-03-09