SELECT A SKIP UK LIMITED

1. SELECT A SKIP UK LIMITED 1999-12-09 → present
2. SELEKT SERVICES UK LIMITED 1997-03-07 → 1999-12-09

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Independent Auditors LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “2024/25 saw a slight fall in terms of turnover over the 2023/24 figures although pleasingly gross profit was similar showing a slight increase in margin. The marketplace remains challenging with the sector increasingly competitive.”
• “Domestic skip hire enquiries have continued to die off throughout 2024 and levels continue to decline now representing just 3% of orders. This is partly down to the rising costs of skips and domestic users taking the cheaper option of taking their own waste to the local authority recycling centres for no charge.”
• “Bad debts were very low at 0.1% of turnover down from 0.5% in 2024.”
• “Looking ahead towards 2025/2026 we hope to see trading levels remaining firm although we remain cautious following the change in government in July 2024 and the stagnant UK economic growth which keeps dipping in and out of recession. Ongoing volatility in the Middle East and Ukraine is also unhelpful.”
• “Select A Skip will be at risk if the war in Ukraine & The Middle East Conflicts deepens, and supply chain concerns worsen which would have an impact with rising costs.”
• “Decisions taken by the new Labour Government in the Autumn statement will have an impact on business decision making both positive and negative as further tax rises loom. Minimum wage and employer NI increases will also see a trickle through of further negativity for our retail and hospitality customers who are working on such tight margins.”
• “Select A Skip as with all businesses are at risk from Cyber-attacks affecting Data security. Cybercrime is growing at a worrying rate globally and Technology and communication are key to our internal and external operations. Our systems are robust as we continue to invest significant funds to ensure our systems are protected as much as we can from such attacks.”
• “Competition has always been strong and will continue to be aggressive in the waste brokerage market which has an impact on margins. We expect this trend to continue.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.5%

  £20,986,663 → £20,246,806

• Cash

  +15.1%

  £3,973,574 → £4,574,814

• Net assets

  +21.2%

  £617,359 → £748,466

• Employees

  0%

  37 → 37

• Operating profit

  +4.9%

  £1,808,638 → £1,897,552

• Profit before tax

  +4.5%

  £1,974,974 → £2,064,142

• Wages

  +2.1%

  £974,062 → £994,509

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers