AGGREKO LIMITED

🌳Matureactive
SC177553 · ltd · incorporated 1997-07-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Renting and leasing of construction and civil engineering machinery and equipment
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

12 live charges · 4 lenders · oldest 4.7y

15/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Charge age ~4.7 years — mid-life; refi window approaching.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
49 officers (3 active, 49 linked, 42 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
543 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 officers
Last 180 days
7
filings
  • 4 capital
  • 1 officers
  • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (131 events)Click to expand
  1. 2026-04-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-03
    📄
    capital-allotment-shares
    capital · SH01
  3. 2026-01-19
    📄
    capital-allotment-shares
    capital · SH01
  4. 2025-12-19
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  5. 2025-12-19
    ⚠️
    legacy
    insolvency · CAP-SS
  6. 2025-12-19
    📄
    legacy
    capital · SH20
  7. 2025-12-19
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2025-10-10
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  9. 2025-10-10
    📄
    legacy
    accounts · PARENT_ACC
  10. 2025-10-10
    📄
    legacy
    other · AGREEMENT2
  11. 2025-10-10
    📄
    legacy
    other · GUARANTEE2
  12. 2025-06-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2025-06-04
    📄
    capital-allotment-shares
    capital · SH01
  14. 2025-06-03
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2025-05-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2025-05-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2025-05-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2025-05-21
    🔒
    Charge registered #12
    Lender: Glas Trust Corporation Limited as the Security Agent
  19. 2025-05-21
    🔒
    Charge registered #11
    Lender: Glas Trust Corporation Limited as the Security Agent
  20. 2025-05-21
    🔒
    Charge registered #10
    Lender: Glas Trust Corporation Limited as the Security Agent
  21. 2024-12-20
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  22. 2024-12-20
    📄
    legacy
    accounts · PARENT_ACC
  23. 2024-12-20
    📄
    legacy
    other · GUARANTEE2
  24. 2024-12-20
    📄
    legacy
    other · AGREEMENT2
  25. 2024-08-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2024-08-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2024-08-02
    🔒
    Charge registered #9
    Lender: Glas Trust Corporation Limited as Security Agent
  28. 2024-08-02
    🔒
    Charge registered #8
    Lender: Glas Trust Corporation Limited as Security Agent
  29. 2023-02-10
    🔒
    Charge registered #7
    Lender: Glas Trust Corporation Limited as Security Agent
  30. 2023-02-10
    🔒
    Charge registered #6
    Lender: Glas Trust Corporation Limited as Security Agent
  31. 2022-11-11
    O'MALLEY, James Howard appointed
    secretary
  32. 2022-11-11
    THOMSON, Simon David resigned
    secretary
  33. 2021-11-29
    ILLINGWORTH, Richard Blair appointed
    director
  34. 2021-11-19
    WESTON, Christopher Phillip Anthony resigned
    director
  35. 2021-10-22
    🔒
    Charge registered #5
    Lender: Glas Trust Corporation Limited as Security Agent on Behalf of the Secured Parties
  36. 2021-10-22
    🔒
    Charge registered #4
    Lender: Glas Trust Corporation Limited
  37. 2021-09-17
    🔒
    Charge registered #3
    Lender: Glas Trust Corporation Limited
  38. 2021-09-17
    🔒
    Charge registered #2
    Lender: Glas Trust Corporation Limited
  39. 2021-09-17
    🔒
    Charge registered #1
    Lender: Glas Trust Corporation Limited
  40. 2021-08-10
    BREWER, Nicola Mary, Dr. Dame resigned
    director
  41. 2021-08-10
    CLARE, Mark Sydney resigned
    director
  42. 2021-08-10
    HANNA, Kenneth George resigned
    director
  43. 2021-08-10
    JEREMIAH, Barbara Susanne resigned
    director
  44. 2021-08-10
    KRUEGER, Uwe, Prof. Dr. Dr. H.C. resigned
    director
  45. 2021-08-10
    KUIJLAARS, Sarah Mary resigned
    director
  46. 2021-08-10
    MARCHANT, Ian Derek resigned
    director
  47. 2021-08-10
    ROBERTS, Miles William resigned
    director
  48. 2020-12-31
    LAYFIELD, Diana Louise Patricia resigned
    director
  49. 2020-10-01
    CLARE, Mark Sydney appointed
    director
  50. 2020-07-01
    THOMSON, Simon David appointed
    secretary
Showing most recent 50 of 131 events

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • 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

1 high · 1 low
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-12-19: legacy

12 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Albion Acquisitions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Albion Acquisitions Limited
Corporate parent · holds 75-100% shares
ultimate parent
AGGREKO LIMITED
This company · SC177553

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
Albion Acquisitions Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting10/08/2021

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

9 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
Incorporated1997-07-23
Jurisdictionscotland
Primary SIC77320 — Renting and leasing of construction and civil engineering machinery and equipment

Registered office

7th Floor Sentinel Building
103 Waterloo Street
Glasgow
G2 7BW
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-28
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25

Officers (3 active · 46 resigned)

O'MALLEY, James Howard
secretary · appointed 2022-11-11
View their other companies + combined net worth →
Active
DREWETT, Heath Stewart
director · ~60y · appointed 2018-01-03
View their other companies + combined net worth →
Active
ILLINGWORTH, Richard Blair
director · ~63y · appointed 2021-11-29
View their other companies + combined net worth →
Active
ALLEN, Arthur Paul
secretary · appointed 1997-07-30 · resigned 2008-01-15
Resigned
CAMPBELL, Hugh
secretary · appointed 2008-01-15 · resigned 2008-10-15
Resigned
KENNERLEY, Peter
secretary · appointed 2008-10-15 · resigned 2020-06-30
Resigned
THOMSON, Simon David
secretary · appointed 2020-07-01 · resigned 2022-11-11
Resigned
DM COMPANY SERVICES LIMITED
corporate-nominee-secretary · appointed 1997-07-23 · resigned 1997-07-30
Resigned
BIRD, Richard William
director · ~80y · appointed 1997-08-28 · resigned 1999-05-17
Resigned
BREWER, Nicola Mary, Dr. Dame
director · ~69y · appointed 2016-02-25 · resigned 2021-08-10
Resigned
BRUCE, Roderick Lawrence
nominee-director · ~78y · appointed 1997-07-23 · resigned 1997-07-30
Resigned
CAPLAN, William
director · ~68y · appointed 2008-11-17 · resigned 2012-11-13
Resigned
CLARE, Mark Sydney
director · ~69y · appointed 2020-10-01 · resigned 2021-08-10
Resigned
COCKBURN, Angus George
director · ~63y · appointed 2000-05-01 · resigned 2014-09-30
Resigned
CRAN, Carole
director · ~56y · appointed 2014-06-01 · resigned 2017-12-31
Resigned
DAS, Debajit
director · ~58y · appointed 2013-01-01 · resigned 2015-10-15
Resigned
DELHOMME II, Alfred Joseph
director · ~76y · appointed 1997-08-28 · resigned 1998-01-28
Resigned
HAMILL, David Cousin Mitchell
director · ~69y · appointed 2007-05-01 · resigned 2014-04-24
Resigned
HANNA, Kenneth George
director · ~73y · appointed 2010-10-21 · resigned 2021-08-10
Resigned
HARROWER, Philip John
director · ~69y · appointed 1998-01-28 · resigned 2002-01-30
Resigned

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

Mortgages & charges

12
Total charges
12
Outstanding
4
Active lenders
Status:Lender:12 of 12 shown
TypeProperties
outstanding
Glas Trust Corporation as the Security Agent
Glas Trust Corporation Limited as the Security Agent
A registered charge21/05/2025
outstanding
Glas Trust Corporation as the Security Agent
Glas Trust Corporation Limited as the Security Agent
A registered charge21/05/2025
outstanding
Glas Trust Corporation as the Security Agent
Glas Trust Corporation Limited as the Security Agent
A registered charge21/05/2025
outstanding
Glas Trust Corporation as Security Agent
Glas Trust Corporation Limited as Security Agent
A registered charge02/08/2024
outstanding
Glas Trust Corporation as Security Agent
Glas Trust Corporation Limited as Security Agent
A registered charge02/08/2024
outstanding
Glas Trust Corporation as Security Agent
Glas Trust Corporation Limited as Security Agent
A registered charge10/02/2023
outstanding
Glas Trust Corporation as Security Agent
Glas Trust Corporation Limited as Security Agent
A registered charge10/02/2023
outstanding
Glas Trust Corporation as Security Agent on Behalf of the Secured Parties
Glas Trust Corporation Limited as Security Agent on Behalf of the Secured Parties
A registered charge22/10/2021
outstanding
Glas Trust Corporation
Glas Trust Corporation Limited
A registered charge22/10/2021
outstanding
Glas Trust Corporation
Glas Trust Corporation Limited
A registered charge17/09/2021
outstanding
Glas Trust Corporation
Glas Trust Corporation Limited
A registered charge17/09/2021
outstanding
Glas Trust Corporation
Glas Trust Corporation Limited
A registered charge17/09/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (543 total)

change-person-director-company-with-change-date
officers · CH01
2026-04-09
capital-allotment-shares
capital · SH01
2026-02-03
capital-allotment-shares
capital · SH01
2026-01-19
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-12-19
legacy
insolvency · CAP-SS
2025-12-19
legacy
capital · SH20
2025-12-19
resolution
resolution · RESOLUTIONS
2025-12-19
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-10
legacy
accounts · PARENT_ACC
2025-10-10
legacy
other · AGREEMENT2
2025-10-10
legacy
other · GUARANTEE2
2025-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-11
capital-allotment-shares
capital · SH01
2025-06-04
resolution
resolution · RESOLUTIONS
2025-06-03