ADVANCE TOOL HIRE & SALES LIMITED
🌳Matureactive
03383046 · ltd · incorporated 1997-06-06
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 5.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Renting and leasing of construction and civil engineering machinery and equipment
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 70/100. 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 (65/100).
🏦
Refinance opportunity
1 live charge · oldest 5.9y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 5.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Average employees | 9 | 9 |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-06-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-15📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-29📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-29📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-29📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-29📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-29📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-22🔒Charge registered #1Lender: The Co-Operative Bank PLC
- 2019-07-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 1998-06-30➕MCELHONE, Jemma Lucy appointeddirector
- 1998-03-27➕STEEPLES, Jason Robert appointeddirector
- 1997-06-06🏢Company incorporatedAs ADVANCE TOOL HIRE & SALES LIMITED
- 1997-06-06➕MCELHONE, Jemma Lucy appointedsecretary
- 1997-06-06➕MCELHONE, Liam appointeddirector
- 1997-06-06➕SELBY, Marie Annette appointedsecretary
- 1997-06-06➖SELBY, Marie Annette resignedsecretary
- 1997-06-06➕SELBY, Andrew Gerard appointeddirector
- 1997-06-06➖SELBY, Andrew Gerard resigneddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-06-20
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Liam Mcelhone Individual · British · DOB 11/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/06/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A. F. HUNT (BUILDERS) HOLDINGS LIMITED→ 05095088 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ACCESS ACCOUNTS SERVICES LTD→ 04573035 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ACCOUNTING SOLUTIONS AND MANAGEMENT LIMITED→ 09152626 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACOP INSPECTION SERVICES LTD→ 10938393 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACUTEBOOKKEEPING LTD→ 16602906 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAM CHARLESWORTH LIMITED→ 13363112 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADD BOOKKEEPING LTD→ 09400796 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADD-ITIONS ACCOUNTANCY SOLUTIONS LIMITED→ 06689114 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ADS ASSETS LTD→ 12731203 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVANCED VETERINARY SERVICES LIMITED→ 11434742 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANTAGE HEALTHCARE LIMITED→ 05266443 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ADVANTAGE HEALTHCARE SERVCO LIMITED→ 12033215 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated1997-06-06
Jurisdictionengland-wales
Primary SIC77320 — Renting and leasing of construction and civil engineering machinery and equipment
Registered office
2 Lace Market Square
Nottingham
NG1 1PB
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-06-20OVERDUE
Last: 2025-06-06
Officers (4 active · 2 resigned)
MCELHONE, Jemma Lucy→
Activesecretary · appointed 1997-06-06
View their other companies + combined net worth →
MCELHONE, Jemma Lucy→
Activedirector · ~58y · appointed 1998-06-30
View their other companies + combined net worth →
MCELHONE, Liam→
Activedirector · ~59y · appointed 1997-06-06
View their other companies + combined net worth →
STEEPLES, Jason Robert→
Activedirector · ~57y · appointed 1998-03-27
View their other companies + combined net worth →
SELBY, Marie Annette→
Resignedsecretary · appointed 1997-06-06 · resigned 1997-06-06
SELBY, Andrew Gerard→
Resigneddirector · ~66y · appointed 1997-06-06 · resigned 1997-06-06
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Co-operative Bank The Co-Operative Bank PLC | A registered charge | — | 22/07/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (80 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
change-person-director-company-with-change-date
officers · CH01
2024-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-28
change-person-director-company-with-change-date
officers · CH01
2021-07-29
change-person-director-company-with-change-date
officers · CH01
2021-07-29
change-person-director-company-with-change-date
officers · CH01
2021-07-29