A1 BATES BROS. SKIP HIRE LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-28 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (24 events)Click to expand
- 2025-10-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-10-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-01➕BATES, Gary Samuel appointeddirector
- 2021-01-01➕BATES, Thomas Andrew appointeddirector
- 2020-12-31➖ASIKOGLU, Sait resigneddirector
- 2019-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-09-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-11-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-06-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-09-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-07-07➖BATES, Thomas Andrew resignedsecretary
- 2016-07-07➕ASIKOGLU, Sait appointeddirector
- 2016-07-07➖BATES, Gary Samuel resigneddirector
- 1997-02-04🏢Company incorporatedAs A1 BATES BROS. SKIP HIRE LIMITED
- 1997-02-04➕BATES, Thomas Andrew appointedsecretary
- 1997-02-04➕BATES, Gary Samuel appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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 "BATES" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Thomas Andrew Bates Individual · British · DOB 12/1969 · age 57 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Gary Samuel Bates Individual · British · DOB 10/1971 · age 55 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Sait Asikogluceased 31/12/2020· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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6 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 →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.
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See pricing →Company details
Registered office
Filing status
Officers (2 active · 3 resigned)
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