GLOBAL HYDRAULIC SERVICES LIMITED

🌳Matureactive
02400813 · ltd · incorporated 1989-07-04
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 36.9y

35/100
too messy

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

  • · Oldest live charge is 36.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 10 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
151 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 officers
Last 90 days
2
filings
  • 2 officers
Last 180 days
4
filings
  • 4 officers
Counts from Companies House filing history.
Corporate timeline (52 events)Click to expand
  1. 2026-06-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-05-31
    HARPER, Timothy Ronald resigned
    director
  3. 2026-04-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-04-01
    DAVIES, Richard James resigned
    director
  5. 2026-03-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-03-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-03-03
    PAPE, Malcolm John appointed
    director
  8. 2026-03-03
    LALA, Alessandro resigned
    director
  9. 2025-10-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-10-20
    🔓
    Charge satisfied #3
  11. 2025-07-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-07-15
    WILLIAMS, Mark appointed
    director
  13. 2025-06-25
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  14. 2025-06-25
    📄
    legacy
    accounts · PARENT_ACC
  15. 2025-06-25
    📄
    legacy
    other · GUARANTEE2
  16. 2025-06-25
    📄
    legacy
    other · AGREEMENT2
  17. 2025-06-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2025-05-30
    MORRISON, John resigned
    secretary
  19. 2024-07-24
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  20. 2024-06-27
    📄
    legacy
    accounts · PARENT_ACC
  21. 2024-06-27
    📄
    legacy
    other · GUARANTEE2
  22. 2024-06-27
    📄
    legacy
    other · AGREEMENT2
  23. 2023-07-27
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  24. 2023-07-10
    📄
    legacy
    accounts · PARENT_ACC
  25. 2023-07-10
    📄
    legacy
    other · GUARANTEE2
  26. 2023-07-10
    📄
    legacy
    other · AGREEMENT2
  27. 2023-05-15
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  28. 2023-05-15
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  29. 2022-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2022-10-01
    LALA, Alessandro appointed
    director
  31. 2022-09-30
    GIBBES, Barbara resigned
    director
  32. 2022-04-12
    🔓
    Charge satisfied #5
  33. 2022-04-06
    MORRISON, John appointed
    secretary
  34. 2022-04-06
    FORD, Christopher Frank resigned
    director
  35. 2022-04-06
    GIBBES, Barbara appointed
    director
  36. 2020-06-30
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
  37. 2020-06-29
    🔓
    Charge satisfied #4
  38. 2020-06-02
    🔒
    Charge registered #4
    Lender: Rbs Invoice Finance LTD
  39. 2020-06-02
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance LTD
  40. 2020-05-22
    🔓
    Charge satisfied #2
  41. 2020-03-10
    HARPER, Timothy Ronald appointed
    director
  42. 2020-03-09
    HARPER, Timothy Ronald resigned
    secretary
  43. 2020-03-09
    DAVIES, Richard James appointed
    director
  44. 2020-03-09
    DRURY, John Derek resigned
    director
  45. 2020-03-09
    FORD, Christopher Frank appointed
    director
  46. 2020-03-09
    HARPER, Timothy Ronald resigned
    director
  47. 2013-11-04
    🔒
    Charge registered #2
    Lender: Svenska Handelsbanken Ab (Publ)
  48. 2013-10-30
    🔓
    Charge satisfied #1
  49. 2007-04-13
    GILLESPIE, Andrew resigned
    director
  50. 2000-01-01
    GILLESPIE, Andrew appointed
    director
Showing most recent 50 of 52 events

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

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DAVIES, Richard James resigned 2026-04-01; HARPER, Timothy Ronald resigned 2026-05-31; LALA, Alessandro resigned 2026-03-03

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

R&G Fluid Power Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
R&G Fluid Power Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
GLOBAL HYDRAULIC SERVICES LIMITED
This company · 02400813

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
R&G Fluid Power Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/03/2020
2 historic (ceased) PSCs
  • Mr John Derek Druryceased 09/03/2020· 25-50% shares · 25-50% voting · board control
  • Mr Timothy Ronald Harperceased 09/03/2020· 25-50% shares · 25-50% 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
Incorporated1989-07-04
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

10 - 11 Charterhouse Square
London
EC1M 6EE
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04

Officers (2 active · 10 resigned)

PAPE, Malcolm John
director · ~47y · appointed 2026-03-03
View their other companies + combined net worth →
Active
WILLIAMS, Mark
director · ~53y · appointed 2025-07-15
View their other companies + combined net worth →
Active
HARPER, Timothy Ronald
secretary · resigned 2020-03-09
Resigned
MORRISON, John
secretary · appointed 2022-04-06 · resigned 2025-05-30
Resigned
DAVIES, Richard James
director · ~58y · appointed 2020-03-09 · resigned 2026-04-01
Resigned
DRURY, John Derek
director · ~63y · resigned 2020-03-09
Resigned
FORD, Christopher Frank
director · ~65y · appointed 2020-03-09 · resigned 2022-04-06
Resigned
GIBBES, Barbara
director · ~51y · appointed 2022-04-06 · resigned 2022-09-30
Resigned
GILLESPIE, Andrew
director · ~65y · appointed 2000-01-01 · resigned 2007-04-13
Resigned
HARPER, Timothy Ronald
director · ~63y · appointed 2020-03-10 · resigned 2026-05-31
Resigned
HARPER, Timothy Ronald
director · ~63y · resigned 2020-03-09
Resigned
LALA, Alessandro
director · ~57y · appointed 2022-10-01 · resigned 2026-03-03
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge30/06/202012/04/2022
satisfied
NatWest Group
Rbs Invoice Finance LTD
A registered charge02/06/202029/06/2020
satisfied
NatWest Group
Rbs Invoice Finance LTD
A registered charge02/06/202020/10/2025
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property04/11/201322/05/2020
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property31/07/198930/10/2013

Recent filings (151 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-06-08
termination-director-company-with-name-termination-date
officers · TM01
2026-04-08
appoint-person-director-company-with-name-date
officers · AP01
2026-03-16
termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-20
appoint-person-director-company-with-name-date
officers · AP01
2025-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-06-25
legacy
accounts · PARENT_ACC
2025-06-25
legacy
other · GUARANTEE2
2025-06-25
legacy
other · AGREEMENT2
2025-06-25
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-20
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-04
legacy
accounts · PARENT_ACC
2024-06-27