Green’s Dictionary of Slang

skeg n.2

also skeggy
[dial. scag, putrid fish]

1. an unpleasant substance.

mudflap on Urban Dict. 🌐 skeg Repulsive substance of unknown origin; state of uncleanliness, possibly due to residual bodily fluids having dried on the skin. ‘You can’t go out like that! You’re covered in skeg!’.

2. a smelly vagrant or one who resembles such a person.

OnLine Dict. of Playground Sl. 🌐 skeg, skeggy n. someone who smelt like a tramp and looked filthy.

In derivatives

skeggy (adj.)

unpleasant, disgusting, the implication being of rotting or faecal matter.

mudflap on Urban Dict. 🌐 Christ mate, your bills are really skeggy.