BELFORD BROS SKIP HIRE LIMITED
🌳Matureactive
04824791 · ltd · incorporated 2003-07-08
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£92.4k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
PursueActive trading company with a 84-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 84). Share purchase looks the cleaner deal structure. 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 (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 22.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £92,415
Net assets shrinking
Down £3,076 YoY
Cash YoY
+65%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£32k
↑ 65% YoY
Net Worth
£92k
↓ 3.2% YoY
Current Assets
£259k
↑ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £499.8k | £470.6k |
| Current assets | £259.5k | £233.8k |
| Cash | £31.9k | £19.3k |
| Debtors | £227.6k | £214.5k |
| Net assets | £92.4k | £95.5k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-18🔓Charge satisfied #2
- 2023-04-17🔒Charge registered #3Lender: Close Brothers Limited (The “Security Trustee”)
- 2022-10-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-29➕BELFORD, Glenys appointeddirector
- 2022-07-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-15➖BELFORD, Roy resigneddirector
- 2021-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-13📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2018-08-13📄capital-name-of-class-of-sharescapital · SH08
- 2015-09-10🔓Charge satisfied #1
- 2015-09-01🔒Charge registered #2Lender: Santander UK PLC
- 2003-10-03🔒Charge registered #1Lender: Hsbc Bank PLC
- 2003-07-08🏢Company incorporatedAs BELFORD BROS SKIP HIRE LIMITED
- 2003-07-08➕BELFORD, Glenys appointedsecretary
- 2003-07-08➕BELFORD, Carl Stephen appointeddirector
- 2003-07-08➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2003-07-08➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2003-07-08➕BELFORD, Roy appointeddirector
- 2003-07-08➕INSTANT COMPANIES LIMITED appointedcorporate-nominee-director
- 2003-07-08➖INSTANT COMPANIES LIMITED resignedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "BELFORD" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Glenys Belford Individual · British · DOB 10/1942 · age 84 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 09/06/2023 |
Mr Carl Stephen Belford Individual · British · DOB 05/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 08/07/2016 |
1 historic (ceased) PSC
- Mr Roy Belfordceased 15/10/2021· 50-75% shares · 50-75% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A.W.E. INSTRUMENTS LIMITED→ 02508759 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| A1 MINI SKIPS LIMITED→ 05131501 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| A1 SKIP HIRE (STOKE) LIMITED→ 14574352 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALEX BANICA LTD→ 15249930 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARMCO-BARRIERS4U LTD→ 11200787 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AUTOLINE MOTORS LIMITED→ 04277548 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| BEST TECH SERVICES LIMITED→ 09169851 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BIOMASS COMBUSTION LIMITED→ 05888982 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BLACK DOG BIOGAS LIMITED→ 08475693 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BOOMERANG RECYCLING FOR GOOD CIC→ 16387431 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BOULTON SKIP HIRE LIMITED→ 05011536 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| BROWN RECYCLING LIMITED→ 02438711 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
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
Incorporated2003-07-08
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320
Registered office
Mitre House Pitt Street West
Burslem
Stoke-On-Trent
ST6 3JW
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09
Officers (3 active · 3 resigned)
Active
BELFORD, Carl Stephen→
Activedirector · ~61y · appointed 2003-07-08
View their other companies + combined net worth →
BELFORD, Glenys→
Activedirector · ~84y · appointed 2022-07-29
View their other companies + combined net worth →
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-07-08 · resigned 2003-07-08
BELFORD, Roy→
Resigneddirector · ~86y · appointed 2003-07-08 · resigned 2021-10-15
INSTANT COMPANIES LIMITED→
Resignedcorporate-nominee-director · appointed 2003-07-08 · resigned 2003-07-08
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Brothers Close Brothers Limited (The “Security Trustee”) | A registered charge | — | 17/04/2023 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 01/09/2015 | 18/04/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 03/10/2003 | 10/09/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (70 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-26
appoint-person-director-company-with-name-date
officers · AP01
2022-08-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-12
termination-director-company-with-name-termination-date
officers · TM01
2022-07-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-06