DUO SKIP HIRE LIMITED

💤Zombieactive
05102499 · ltd · incorporated 2004-04-15
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 Mar 2025
Net worth
£4.89M
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -40% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £4,890,869
Cash draining
Cash down 40% YoY
Cash YoY
-40%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.1m
↓ 40% YoY
Net Worth
£4.9m
↑ 13% YoY
Current Assets
£4.7m
↑ 11% YoY
Current Liabilities
—
£0£978k£2.0m£2.9m£3.9m£4.9mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£5.05M£4.44M
Current assets£4.68M£4.22M
Cash£1.06M£1.78M
Debtors£3.62M£2.44M
Net assets£4.89M£4.33M

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-09-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-09-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-08-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-09-19
    ➖
    HUGHES, John Arthur resigned
    director
  8. 2024-03-28
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  9. 2024-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-06-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-03-12
    📄
    capital-name-of-class-of-shares
    capital · SH08
  15. 2020-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2004-04-15
    🏢
    Company incorporated
    As DUO SKIP HIRE LIMITED
  19. 2004-04-15
    ➕
    HUGHES, Aled Llyr appointed
    secretary
  20. 2004-04-15
    ➕
    HUGHES, Aled Llyr appointed
    director
  21. 2004-04-15
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  22. 2004-04-15
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  23. 2004-04-15
    ➕
    HUGHES, John Arthur appointed
    director
  24. 2004-04-15
    ➕
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director
  25. 2004-04-15
    ➖
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
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 22 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Aled Llyr Hughes
Individual · British · DOB 02/1976 · age 50
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Leanne Emily Hughes
Individual · British · DOB 07/1980 · age 46
25–50%
25–50%25-50% shares · 25-50% voting22/05/2025
1 historic (ceased) PSC
  • Mr John Arthur Hughesceased 22/05/2025· 25-50% shares · 25-50% voting

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

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
Incorporated2004-04-15
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

Dolberllan
Llanbadarn Fawr
Aberystwyth
Ceredigion
SY23 3HJ
Wales

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31

Officers (2 active · 3 resigned)

HUGHES, Aled Llyr→
secretary · appointed 2004-04-15
View their other companies + combined net worth →
Active
HUGHES, Aled Llyr→
director · ~50y · appointed 2004-04-15
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 2004-04-15 · resigned 2004-04-15
Resigned
HUGHES, John Arthur→
director · ~90y · appointed 2004-04-15 · resigned 2024-09-19
Resigned
INSTANT COMPANIES LIMITED→
corporate-nominee-director · appointed 2004-04-15 · resigned 2004-04-15
Resigned

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

Recent filings (65 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-08
termination-director-company-with-name-termination-date
officers · TM01
2025-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-26
change-account-reference-date-company-current-shortened
accounts · AA01
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-08