AGS OILFIELD SERVICES LIMITED

💤Zombieactive
03567166 · ltd · incorporated 1998-05-19
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 57/100. Strong seller-intent signal (75/100, director aged 62). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 27.9y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 27.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
11 officers (1 active, 11 linked, 5 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review 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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Average employees200200

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
  1. 2025-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-07-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-11-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2015-11-13
    🔓
    Charge satisfied #4
  17. 2015-10-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2012-08-13
    ➖
    GOODYEAR, Abbe resigned
    secretary
  19. 2011-06-14
    ➖
    THOMPSON, Grant David resigned
    director
  20. 2009-02-01
    ➕
    ROBERTS, Morris Andrew appointed
    director
  21. 2008-03-01
    ➖
    UMAR, Abdul Jabbar resigned
    director
  22. 2007-10-29
    ➕
    GOODYEAR, Abbe appointed
    secretary
  23. 2007-10-29
    ➖
    MCGRATH, John resigned
    secretary
  24. 2007-09-14
    ➕
    THOMPSON, Grant David appointed
    director
  25. 2006-08-15
    🔒
    Charge registered #4
    Lender: Aib Group (UK) PLC
  26. 2006-05-04
    🔓
    Charge satisfied #2
  27. 2006-05-04
    🔓
    Charge satisfied #1
  28. 2006-03-28
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  29. 2002-04-30
    ➖
    OPRAY, Kurt Mitchell resigned
    secretary
  30. 2002-04-30
    ➖
    UMAR, Abdul Jabbar resigned
    secretary
  31. 2002-03-31
    ➕
    MCGRATH, John appointed
    secretary
  32. 2002-03-31
    ➖
    PALMER, William Douglas resigned
    director
  33. 2000-08-01
    ➕
    UMAR, Abdul Jabbar appointed
    secretary
  34. 2000-08-01
    ➖
    OPRAY, Kurt Mitchell resigned
    director
  35. 2000-07-24
    ➕
    UMAR, Abdul Jabbar appointed
    director
  36. 1999-10-26
    🔒
    Charge registered #2
    Lender: Aib Group (UK) PLC
  37. 1998-07-10
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  38. 1998-05-19
    🏢
    Company incorporated
    As AGS OILFIELD SERVICES LIMITED
  39. 1998-05-19
    ➕
    OPRAY, Kurt Mitchell appointed
    secretary
  40. 1998-05-19
    ➕
    JPCORS LIMITED appointed
    corporate-nominee-secretary
  41. 1998-05-19
    ➖
    JPCORS LIMITED resigned
    corporate-nominee-secretary
  42. 1998-05-19
    ➕
    OPRAY, Kurt Mitchell appointed
    director
  43. 1998-05-19
    ➕
    PALMER, William Douglas appointed
    director
  44. 1998-05-19
    ➕
    JPCORD LIMITED appointed
    corporate-nominee-director
  45. 1998-05-19
    ➖
    JPCORD LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-02

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.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Grant Thompson
Individual · British · DOB 10/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

8 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
Incorporated1998-05-19
Jurisdictionengland-wales
Primary SIC45310 — SIC 45310

Registered office

Suite 4a Elmhurst, 98-106 High Road
South Woodford
E18 2QH
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-06-02OVERDUE
Last: 2025-05-19

Officers (1 active · 10 resigned)

ROBERTS, Morris Andrew→
director · ~62y · appointed 2009-02-01
View their other companies + combined net worth →
Active
GOODYEAR, Abbe→
secretary · appointed 2007-10-29 · resigned 2012-08-13
Resigned
MCGRATH, John→
secretary · appointed 2002-03-31 · resigned 2007-10-29
Resigned
OPRAY, Kurt Mitchell→
secretary · appointed 1998-05-19 · resigned 2002-04-30
Resigned
UMAR, Abdul Jabbar→
secretary · appointed 2000-08-01 · resigned 2002-04-30
Resigned
JPCORS LIMITED→
corporate-nominee-secretary · appointed 1998-05-19 · resigned 1998-05-19
Resigned
OPRAY, Kurt Mitchell→
director · ~54y · appointed 1998-05-19 · resigned 2000-08-01
Resigned
PALMER, William Douglas→
director · ~91y · appointed 1998-05-19 · resigned 2002-03-31
Resigned
THOMPSON, Grant David→
director · ~54y · appointed 2007-09-14 · resigned 2011-06-14
Resigned
UMAR, Abdul Jabbar→
director · ~76y · appointed 2000-07-24 · resigned 2008-03-01
Resigned
JPCORD LIMITED→
corporate-nominee-director · appointed 1998-05-19 · resigned 1998-05-19
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Charge over deposits1 property15/08/200613/11/2015
outstanding
Barclays
Barclays Bank PLC
Debenture1 property28/03/2006—
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Mortgage debenture1 property26/10/199904/05/2006
satisfied
Midland Bank
Midland Bank PLC
Debenture1 property10/07/199804/05/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (114 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-11