ALGECO STORAGE LIMITED

RAVENSTOCK HOUSE 28 FALCON COURT, PRESTON FARM BUSINESS PARK, STOCKTON-ON-TEES, TS18 3TX

Previous name: MOBILE MINI UK LIMITED (changed on 14-Mar-2023)
Previous name: ROYALWOLF TRADING (UK) LIMITED (changed on 11-May-2006)

Company Number: 02862423
Incorporation date: 14-Oct-1993
Status: Active
Entity type: Private Limited Company

SIC codes:
77390 Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified





SUMMARY

This company is 30.7 years old and is currently active. It is controlled by Mobile Mini Uk Holdings Limited. The company has positive equity (net assets) of GBP 132.3 thousand which has decreased from the previous year's figure of GBP 154.6 thousand. The latest reported revenue figure is GBP 84.2 thousand which is up 10% on previous year's figure of GBP 79.6 thousand. The company has 3 active officers (directors or partners) who are or were officers of 31 other companies, 1 (3.2%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 84,156 23,520 481 537 4,773 18,691
31-Dec-2021 GBP 79,566 27,705 444 361 10,485 17,303
31-Dec-2018 GBP 65,305,000 8,465,000 2,000 726,000 1,896,000 5,845,000
31-Dec-2017 GBP 65,430,000 15,384,000 6,000 2,336,000 2,540,000 10,513,000
31-Dec-2016 GBP 58,739,000 17,650,000 1,000 2,197,000 3,223,000 12,231,000
31-Dec-2015 GBP 56,406,000 16,470,000 1,000 2,247,000 2,010,000 12,214,000
31-Dec-2014 GBP 51,028,000 12,013,000 2,342,000 1,044,000 7,887,000
31-Dec-2013 GBP 44,079,000 4,080,000 2,412,000
01-Dec-2012 GBP 6,749,674 2,052,578 753,027 4,356,420
31-Dec-2011 GBP 34,190,204 5,358,394 2,004,714 715,196 3,212,215


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 8,593 26,537 13,714 4,303 10,112 122,200 132,312
31-Dec-2021 GBP 4,627 54,444 14,931 3,159 10,112 144,524 154,636
31-Dec-2018 GBP 2,724,000 17,984,000 19,900,000 3,346,000 10,112,000 105,890,000 116,002,000
31-Dec-2017 GBP 9,337,000 27,251,000 41,609,000 1,083,000 10,112,000 100,020,000 110,132,000
31-Dec-2016 GBP 1,294,000 19,157,000 15,420,000 25,898,000 10,112,000 89,569,000 99,681,000
31-Dec-2015 GBP 233,000 14,795,000 8,791,000 25,318,000 10,112,000 77,386,000 87,498,000
31-Dec-2014 GBP 346,000 13,961,000 9,973,000 24,349,000 10,112,000 65,234,000 75,346,000
31-Dec-2013 GBP 624,000 8,920,000 30,890,000 10,112,000 57,418,000 67,530,000
01-Dec-2012 GBP 195,888 13,584,800 14,243,461 29,949,370 10,112,070 55,550,828 65,662,898
31-Dec-2011 GBP 254,102 12,054,429 14,894,207 25,601,258 10,112,070 51,167,318 61,279,388

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2021 GBP -99,900.00% -10,101,888 10,112,000 10,112 5,371,322
31-Dec-2013 GBP 0.00% -70 10,112,070 10,112,000 40,121,776
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Christopher David MORGAN 01 Oct 2014 29 Jan 2020 0 - 1
Resigned Ronald HALCHISHAK 23 Dec 2008 01 Oct 2014 Senior Vice President American 0 - 12
Resigned Martin Terence CRAYDEN 21 Mar 2001 23 Dec 2008 Director British 2 - 6
Resigned Gry Haave HARVEY 14 Oct 1993 21 Mar 2001 Norwegian 0 - 5

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Mark Vincent HIGSON 31 Jan 2023 Director British 9 - 133 (13.6%)
Active James Stewart Christopher ODOM 31 Jan 2023 Director British 16 - 00 (0.0%)
Resigned Hezron LOPEZ 16 Jun 2022 31 Jan 2023 Chief Legal & Compliance Officer American 0 - 50 (0.0%)
Active Steven DICKINSON 15 Mar 2022 Finance Director British 2 - 30 (0.0%)
Resigned Timothy BOSWELL 30 Aug 2021 31 Jan 2023 Director American 0 - 50 (0.0%)
Resigned Bradley SOULTZ 30 Aug 2021 31 Jan 2023 Director American 0 - 50 (0.0%)
Resigned Kelly WILLIAMS 29 Jan 2020 30 Aug 2021 Chief Executive American 0 - 50 (0.0%)
Resigned Andrew THOMPSON 29 Jan 2020 13 Mar 2022 Managing Director British 0 - 50 (0.0%)
Resigned Graeme Bryan PARKES 14 Feb 2018 31 Jan 2023 Chief Information Officer American 0 - 50 (0.0%)
Resigned Van WELCH 31 Aug 2017 30 Aug 2021 Chief Financial Officer American 0 - 70 (0.0%)
Resigned Christopher David MORGAN 01 Oct 2014 29 Jan 2020 Managing Director British 0 - 70 (0.0%)
Resigned Erik OLSSON 01 Apr 2013 29 Jan 2020 Chief Executive American 0 - 50 (0.0%)
Resigned Mark Edwin FUNK 23 Dec 2008 31 Jul 2017 Executive Vp & Cfo American 0 - 61 (16.7%)
Resigned Christopher MINER 23 Dec 2008 16 Jun 2022 General Counsel American 0 - 71 (14.3%)
Resigned Ronald HALCHISHAK 27 Jun 2008 14 Feb 2018 Senior Vice President American 0 - 122 (16.7%)
Resigned Larry TRACHTENBERG 25 Aug 2006 23 Dec 2008 Director American 0 - 31 (33.3%)
Resigned Steven BUNGER 25 Aug 2006 31 Dec 2012 Director American 0 - 61 (16.7%)
Resigned Deborah KEELEY 25 Aug 2006 06 Sep 2013 Director American 0 - 50 (0.0%)
Resigned John O'CALLAGHAN 01 Jan 2003 28 Apr 2006 None Irish 2 - 10 (0.0%)
Resigned Robert Alan CAREY 30 Nov 2002 28 Apr 2006 General Manager Usa 0 - 10 (0.0%)
Resigned Robert SKINNER 30 Nov 2002 28 Apr 2006 Business Executive Usa 0 - 10 (0.0%)
Resigned Stephen Nicholas CONTROULIS 21 Mar 2001 30 Nov 2002 Company Director American 0 - 10 (0.0%)
Resigned Michael Paul BAXTER 21 Mar 2001 10 Dec 2003 Company Director British 0 - 21 (50.0%)
Resigned Mark Redfern BENNETT 08 Sep 1997 01 Jan 2003 Director British 0 - 40 (0.0%)
Resigned Michael BRISTOW 08 Sep 1997 31 Jan 2001 Director British 0 - 10 (0.0%)
Resigned Jens GALATIUS 01 Aug 1996 30 Apr 1997 Director Danish 0 - 10 (0.0%)
Resigned Klause-Dieter KONCKE 01 Aug 1996 02 Sep 1997 Managing Director German 0 - 10 (0.0%)
Resigned Martin Terence CRAYDEN 01 Aug 1996 23 Dec 2008 Director British 2 - 62 (25.0%)
Resigned WATERLOW NOMINEES LIMITED 14 Oct 1993 14 Oct 1993 0 - 2552011797 (46.2%)
Resigned WATERLOW SECRETARIES LIMITED 14 Oct 1993 14 Oct 1993 0 - 3296314577 (44.2%)
Resigned Keith HARVEY 14 Oct 1993 30 Sep 2000 Company Director British 0 - 107 (70.0%)
Number of active directors: 3
Average tenure of active directors: 1.7 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 4.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ALGECO UK LIMITED (00147207) - Active
BPB LIMITED (00147271) - Active
WOLSELEY UK LIMITED (00636445) - Active
ADVANTE LIMITED (00653012) - Active
SAINT-GOBAIN CONSTRUCTION PRODUCTS UK LIMITED (00734396) - Active
BRITISH COATINGS FEDERATION LIMITED (00745398) - Active
RAVENSTOCK TAM (HIRE) LIMITED (01214155) - Active
ALGECO STORAGE LIMITED (02862423) - Active
LATCHMORE PLACE (G.X.) LIMITED (03601458) - Active
MOBILE STORAGE (U.K.) LIMITED (03836369) - Active
POSTAL SERVICES HOLDING COMPANY LIMITED (04074919) - Liquidation
ROYAL MAIL GROUP LIMITED (04138203) - Active
RAVENSTOCK MSG LIMITED (04283040) - Active
PROCOMM SITE SERVICES LIMITED (04361255) - Active
BPB GROUP OPERATIONS LIMITED (05447882) - Active
BPB GROUP FINANCE LIMITED (05466943) - Active
ALGECO STORAGE HOLDINGS LIMITED (05749804) - Active
SEEDS FOR GROWTH (05940935) - Active
MAPLECREST PROPERTIES LIMITED (06203184) - Dissolved
ALGECO UK HOLDINGS LIMITED (06344129) - Active
PROCOMM SITE SERVICES (HOLDINGS) LIMITED (07115358) - Active
MODULAIRE GLOBAL FINANCE PLC (08207204) - Active
INTERNATIONAL DISTRIBUTION SERVICES PLC (08680755) - Active
WOLSELEY DIRECTORS LIMITED (09104902) - Active
MVH ADVISORY LIMITED (09757617) - Active
MODULAIRE GLOBAL FINANCE 2 PLC (11097819) - Active
BCP V MODULAR SERVICES HOLDINGS II LIMITED (12147812) - Active
BCP V MODULAR SERVICES HOLDINGS III LIMITED (13447871) - Active
MODULAIRE GROUP HOLDINGS LIMITED (13449748) - Active
BCP V MODULAR SERVICES FINANCE II PLC (13538169) - Active
BCP V MODULAR SERVICES FINANCE PLC (13539742) - Active
MALTHUS UNITEAM (UK) LIMITED (SC390576) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-10-142014-10-142013-10-142012-10-142011-10-14
MOBILE MINI UK HOLDINGS LIMITEDORDINARY10,092,070
99.8%
10,092,070
99.8%
10,092,070
99.8%
10,092,070
99.8%
10,092,070
99.8%
RAVENSTOCK MSG LIMITEDORDINARY20,000
0.198%
20,000
0.198%
20,000
0.198%
20,000
0.198%
20,000
0.198%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ALGECO STORAGE LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-01-01 2023-06-30 18 0% 0% 75422
2022-07-01 2022-12-31 18 0% 0% 68722
2022-01-01 2022-06-30 16 0% 0% 62198
2021-07-01 2021-12-31 18 0% 0% 55448
2021-01-01 2021-06-30 16 1% 1% 49112
2020-07-01 2020-12-31 18 1% 1% 41584
2020-01-01 2020-06-30 2 0% 0% 35265
2019-07-01 2019-12-31 13 0% 0% 25795
2019-01-01 2019-06-30 13 1% 0% 19020
2018-07-01 2018-12-31 13 1% 1% 10636
2018-01-01 2018-06-30 11 1% 1% 6826


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 77390 Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified)

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LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
ALGECO STORAGE LIMITED 0.3% 2.5% 4.4% Medium
Other companies Active in the same sector 0.5% 3.3% 5.7% Medium
Expanded sample0.3%2.5%4.4%Medium
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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