A & S FORKLIFT SERVICES LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 67/100. 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 5.0y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 5.0 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 (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
Corporate timeline (41 events)Click to expand
- 2025-09-17📄accounts-with-accounts-type-smallaccounts · AA
- 2024-07-16📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-22📄accounts-with-accounts-type-smallaccounts · AA
- 2022-07-12📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-08📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-07📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2021-05-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-04🔒Charge registered #3Lender: Corpacq Limited
- 2021-04-29📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2021-04-29📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2021-04-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-16🔒Charge registered #1Lender: Hsbc Equipment Finance (UK) Limited
- 2021-04-14🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2021-01-08📄accounts-with-accounts-type-fullaccounts · AA
- 2020-04-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-03-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-07-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-07-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-07-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-06-28➕CRAIG, John William appointeddirector
- 2019-06-28➕ROBERTSON, Keith appointeddirector
- 2019-06-28➕SCOTT, Stephen James appointeddirector
- 2019-06-28➖DENTONS SECRETARIES LIMITED resignedcorporate-secretary
- 2019-06-28➖ALLAN, Stuart John resigneddirector
- 2019-06-28➖STEWART, Michael resigneddirector
- 2017-10-27➕DENTONS SECRETARIES LIMITED appointedcorporate-secretary
- 2017-10-27➖MACLAY MURRAY & SPENS LLP resignedcorporate-secretary
- 2009-10-29➕MACLAY MURRAY & SPENS LLP appointedcorporate-secretary
- 2008-10-24➖IAIN SMITH AND COMPANY resignedcorporate-secretary
- 2002-09-16➕STEWART, Michael appointeddirector
- 2002-02-15➖SMITH, John resigneddirector
- 1996-11-25➖IAIN SMITH & COMPANY resignedcorporate-nominee-secretary
- 1994-10-28➕ALLAN, Stuart John appointeddirector
- 1994-10-28➖ROXBURGH, Roy resignednominee-director
- 1994-10-28➕SMITH, John appointeddirector
- 1994-10-27🏢Company incorporatedAs A & S FORKLIFT SERVICES LIMITED
- 1994-10-27➕IAIN SMITH & COMPANY appointedcorporate-nominee-secretary
- 1994-10-27➕IAIN SMITH AND COMPANY appointedcorporate-secretary
- 1994-10-27➕ROXBURGH, Roy appointednominee-director
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
Mhs Group (Holdings) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mhs Group (Holdings) Ltd Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest | 01/07/2019 |
2 historic (ceased) PSCs
- Stuart John Allanceased 01/07/2019· 25-50% shares · 25-50% voting
- Michael Stewartceased 01/07/2019· 25-50% shares · 25-50% voting
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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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 →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
Registered office
Filing status
Officers (3 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Corpacq Corpacq Limited | A registered charge | — | 04/05/2021 | — | |
| outstanding | HSBC Hsbc Equipment Finance (UK) Limited | A registered charge | — | 16/04/2021 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 14/04/2021 | — |