B & B SKIP HIRE LTD

💤Zombieactive
04626102 · ltd · incorporated 2002-12-31
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 Dec 2024
Net worth
£-10.2k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

11 live charges · 6 lenders · oldest 20.7y

15/100
under pressure

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

  • · Oldest live charge is 20.7 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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

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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £10,166
Net assets shrinking
Down £448,373 YoY
Cash YoY
+47%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£94k
↑ 47% YoY
Net Worth
-£10k
↓ 102% YoY
Current Assets
£1.1m
↑ 23% YoY
Current Liabilities
-£10k£220k£449k£679k£909k£1.1mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.11M£2.08M
Current assets£1.14M£921.8k
Cash£94.4k£64.3k
Debtors£1.03M£857.4k
Net assets£-10.2k£438.2k

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

🔒Filing-note intelligence

1 signal 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 confirmation-statement
Last 180 days
2
filings
  • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-05-19
    🔓
    Charge satisfied #9
  4. 2025-04-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-04-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-04-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-04-03
    🔓
    Charge satisfied #8
  8. 2025-04-02
    🔒
    Charge registered #11
    Lender: Metro Bank PLC
  9. 2025-03-28
    🔒
    Charge registered #10
    Lender: Sme Invoice Finance Limited
  10. 2025-03-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-03-14
    🔓
    Charge satisfied #5
  12. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2024-04-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2024-03-22
    🔒
    Charge registered #9
    Lender: Lloyds Bank Commercial Finance Limited
  15. 2024-01-18
    DAVIDSON, Rachel Emily resigned
    director
  16. 2024-01-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2023-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-09-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2022-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2021-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2021-12-03
    🔓
    Charge satisfied #7
  23. 2021-12-03
    🔓
    Charge satisfied #6
  24. 2021-11-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2021-11-03
    🔒
    Charge registered #8
    Lender: Unity Trust Bank PLC
  26. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2021-01-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  28. 2020-02-07
    LAKE, Shaun James resigned
    director
  29. 2018-05-21
    🔒
    Charge registered #7
    Lender: Lloyds Bank PLC
  30. 2017-12-19
    DAVIDSON, Rachel Emily appointed
    director
  31. 2017-12-19
    LAKE, Shaun James appointed
    director
  32. 2015-05-13
    🔓
    Charge satisfied #4
  33. 2015-05-13
    🔓
    Charge satisfied #3
  34. 2015-05-13
    🔓
    Charge satisfied #2
  35. 2015-05-13
    🔓
    Charge satisfied #1
  36. 2015-05-01
    KNIGHTS, Julian John William appointed
    director
  37. 2015-05-01
    LAKE, Shirley Maria resigned
    secretary
  38. 2015-05-01
    LAKE, Shaun James resigned
    director
  39. 2015-05-01
    LAKE, Shirley Maria resigned
    director
  40. 2015-05-01
    LAKE, Stephen James resigned
    director
  41. 2015-05-01
    🔒
    Charge registered #6
    Lender: Lloyds Bank PLC
  42. 2015-05-01
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  43. 2012-07-03
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  44. 2009-08-14
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  45. 2008-12-30
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  46. 2005-09-26
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  47. 2003-01-01
    LAKE, Shaun James appointed
    director
  48. 2002-12-31
    🏢
    Company incorporated
    As B & B SKIP HIRE LTD
  49. 2002-12-31
    LAKE, Shirley Maria appointed
    secretary
  50. 2002-12-31
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
Showing most recent 50 of 55 events

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Radical Waste Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Radical Waste Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
B & B SKIP HIRE LTD
This company · 04626102

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
Radical Waste Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/12/2020
1 historic (ceased) PSC
  • Mr Julian John William Knightsceased 31/12/2020· significant influence

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
Incorporated2002-12-31
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320

Registered office

Beccles Business Park
Anson Way Ellough
Beccles
Suffolk
NR34 7TL

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-28
Last: 2026-03-14

Officers (1 active · 8 resigned)

KNIGHTS, Julian John William
director · ~45y · appointed 2015-05-01
View their other companies + combined net worth →
Active
LAKE, Shirley Maria
secretary · appointed 2002-12-31 · resigned 2015-05-01
Resigned
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2002-12-31 · resigned 2002-12-31
Resigned
DAVIDSON, Rachel Emily
director · ~39y · appointed 2017-12-19 · resigned 2024-01-18
Resigned
LAKE, Shaun James
director · ~47y · appointed 2017-12-19 · resigned 2020-02-07
Resigned
LAKE, Shaun James
director · ~47y · appointed 2003-01-01 · resigned 2015-05-01
Resigned
LAKE, Shirley Maria
director · ~70y · appointed 2002-12-31 · resigned 2015-05-01
Resigned
LAKE, Stephen James
director · ~73y · appointed 2002-12-31 · resigned 2015-05-01
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 2002-12-31 · resigned 2002-12-31
Resigned

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

Mortgages & charges

11
Total charges
2
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Metro Bank
Metro Bank PLC
A registered charge02/04/2025
outstanding
Sme Invoice Finance
Sme Invoice Finance Limited
A registered charge1 property28/03/2025
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge22/03/202419/05/2025
satisfied
Unity Trust Bank
Unity Trust Bank PLC
A registered charge03/11/202103/04/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property21/05/201803/12/2021
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge01/05/201503/12/2021
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property01/05/201514/03/2025
satisfied
Barclays
Barclays Bank PLC
Debenture1 property03/07/201213/05/2015
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property14/08/200913/05/2015
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property30/12/200813/05/2015
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property26/09/200513/05/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (89 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-02
termination-director-company-with-name-termination-date
officers · TM01
2024-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-06