A.B.S. SKIP HIRE LIMITED

🌳Matureactive
01494671 · ltd · incorporated 1980-05-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38310SIC 38310
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 5 lenders · oldest 43.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 43.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
132 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-10-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-10-11
    🔓
    Charge satisfied #8
  6. 2024-10-11
    🔓
    Charge satisfied #7
  7. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-10-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2023-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-09-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-01-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2021-01-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2020-12-31
    🔒
    Charge registered #8
    Lender: Cambridge & Counties Bank Limited
  17. 2020-12-31
    🔒
    Charge registered #7
    Lender: Cambridge & Counties Bank Limited
  18. 2020-12-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2020-12-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2020-12-29
    🔓
    Charge satisfied #4
  21. 2020-12-29
    🔓
    Charge satisfied #3
  22. 2020-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-01-01
    MCGEAGH, David Kyle appointed
    director
  25. 2017-07-12
    🔓
    Charge satisfied #5
  26. 2017-07-07
    CLAY, Marcus Andrew appointed
    director
  27. 2017-07-07
    MCGEAGH, David Kyle resigned
    secretary
  28. 2017-07-07
    SIMKINS, Eileen resigned
    director
  29. 2010-11-24
    🔒
    Charge registered #6
    Lender: Rbs Invoice Finance Limited
  30. 2008-11-29
    🔓
    Charge satisfied #2
  31. 2008-11-06
    🔒
    Charge registered #5
    Lender: Royal Bank of Scotland PLC
  32. 2008-11-06
    🔒
    Charge registered #4
    Lender: Royal Bank of Scotland PLC
  33. 2008-10-23
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  34. 2006-05-19
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  35. 2004-06-02
    MCGEAGH, David Kyle appointed
    secretary
  36. 2004-06-02
    SIMKINS, Eileen resigned
    secretary
  37. 2004-06-02
    SIMKINS, Brian Michael resigned
    director
  38. 1989-01-16
    🔓
    Charge satisfied #1
  39. 1983-05-10
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  40. 1980-12-03
    SIMKINS, Brian Michael appointed
    director
  41. 1980-12-03
    SIMKINS, Eileen appointed
    director
  42. 1980-05-01
    🏢
    Company incorporated
    As A.B.S. SKIP HIRE LIMITED

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Mac Acquisitions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mac Acquisitions Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
A.B.S. SKIP HIRE LIMITED
This company · 01494671

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%
NameSharesVoting rightsNature of controlNotified
Mac Acquisitions Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/07/2017
1 historic (ceased) PSC
  • Mrs Eileen Simkinsceased 07/07/2017· 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.

🔒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

6 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
Incorporated1980-05-01
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

Azzurri House Walsall Road
Aldridge
Walsall
WS9 0RB
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-24
Last: 2026-02-10

Officers (2 active · 4 resigned)

CLAY, Marcus Andrew
director · ~57y · appointed 2017-07-07
View their other companies + combined net worth →
Active
MCGEAGH, David Kyle
director · ~52y · appointed 2019-01-01
View their other companies + combined net worth →
Active
MCGEAGH, David Kyle
secretary · appointed 2004-06-02 · resigned 2017-07-07
Resigned
SIMKINS, Eileen
secretary · resigned 2004-06-02
Resigned
SIMKINS, Brian Michael
director · ~75y · appointed 1980-12-03 · resigned 2004-06-02
Resigned
SIMKINS, Eileen
director · ~68y · appointed 1980-12-03 · resigned 2017-07-07
Resigned

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

Mortgages & charges

8
Total charges
1
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
Cambridge & Counties
Cambridge & Counties Bank Limited
A registered charge31/12/202011/10/2024
satisfied
Cambridge & Counties
Cambridge & Counties Bank Limited
A registered charge1 property31/12/202011/10/2024
outstanding
NatWest Group
Rbs Invoice Finance Limited
All assets debenture1 property24/11/2010
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Legal charge1 property06/11/200812/07/2017
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Legal charge1 property06/11/200829/12/2020
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Debenture1 property23/10/200829/12/2020
satisfied
Barclays
Barclays Bank PLC
Debenture1 property19/05/200629/11/2008
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property10/05/198316/01/1989
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (132 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-10-12
change-person-director-company-with-change-date
officers · CH01
2023-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-12