A.B.S. SKIP HIRE LIMITED
- 38310SIC 38310
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (42 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-11🔓Charge satisfied #8
- 2024-10-11🔓Charge satisfied #7
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-31🔒Charge registered #8Lender: Cambridge & Counties Bank Limited
- 2020-12-31🔒Charge registered #7Lender: Cambridge & Counties Bank Limited
- 2020-12-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-12-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-12-29🔓Charge satisfied #4
- 2020-12-29🔓Charge satisfied #3
- 2020-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-01➕MCGEAGH, David Kyle appointeddirector
- 2017-07-12🔓Charge satisfied #5
- 2017-07-07➕CLAY, Marcus Andrew appointeddirector
- 2017-07-07➖MCGEAGH, David Kyle resignedsecretary
- 2017-07-07➖SIMKINS, Eileen resigneddirector
- 2010-11-24🔒Charge registered #6Lender: Rbs Invoice Finance Limited
- 2008-11-29🔓Charge satisfied #2
- 2008-11-06🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2008-11-06🔒Charge registered #4Lender: Royal Bank of Scotland PLC
- 2008-10-23🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2006-05-19🔒Charge registered #2Lender: Barclays Bank PLC
- 2004-06-02➕MCGEAGH, David Kyle appointedsecretary
- 2004-06-02➖SIMKINS, Eileen resignedsecretary
- 2004-06-02➖SIMKINS, Brian Michael resigneddirector
- 1989-01-16🔓Charge satisfied #1
- 1983-05-10🔒Charge registered #1Lender: Midland Bank PLC
- 1980-12-03➕SIMKINS, Brian Michael appointeddirector
- 1980-12-03➕SIMKINS, Eileen appointeddirector
- 1980-05-01🏢Company incorporatedAs A.B.S. SKIP HIRE LIMITED
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 ·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.
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 |
|---|---|---|---|---|
Mac Acquisitions Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/07/2017 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Energy & utilities · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A R RHODES LTD→ 09170379 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AQUA DRAINAGE & JETTING SERVICES LTD→ 14000190 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCO BUILDING SERVICES LIMITED→ 08466429 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ASPS RECYCLING LIMITED→ 03970699 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ATM SKIP HIRE LTD→ 12080587 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| B.J.D. RECYCLING LIMITED→ 06964108 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BARKER BINS LTD→ 17039403 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BARKER GROUP BIRMINGHAM LIMITED→ 16215733 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BAT AGGREGATE MIDLANDS LIMITED→ 10368733 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BECKART ENVIRONMENTAL INTERNATIONAL LIMITED→ 02686892 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| BJD METAL RECYCLING LTD→ 15512016 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BJD SKIP HIRE LTD→ 15511652 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | — | 31/12/2020 | 11/10/2024 | |
| satisfied | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 31/12/2020 | 11/10/2024 | |
| outstanding | NatWest Group Rbs Invoice Finance Limited | All assets debenture | 1 property | 24/11/2010 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 06/11/2008 | 12/07/2017 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 06/11/2008 | 29/12/2020 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Debenture | 1 property | 23/10/2008 | 29/12/2020 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 19/05/2006 | 29/11/2008 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 10/05/1983 | 16/01/1989 |