AIR NAVIGATION AND TRADING COMPANY LIMITED
💤Zombieactive
00437101 · ltd · incorporated 1947-06-16
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£315.7k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 77351
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 49). 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 (58/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 42.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 42.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £315,723
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£316k
Current Assets
£248k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £350.8k | — |
| Current assets | £248.0k | — |
| Net assets | £315.7k | — |
| Average employees | — | 600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 accounts
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-05-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-04-16➖WHYHAM, Grace Carlin resigneddirector
- 2025-04-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-23📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2023-03-29📄capital-name-of-class-of-sharescapital · SH08
- 2023-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-01-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-06-13🔓Charge satisfied #4
- 2016-06-13🔓Charge satisfied #3
- 2016-06-13🔓Charge satisfied #2
- 2002-02-05➕WHYHAM, Russell James appointedsecretary
- 2002-02-05➕WHYHAM, Russell James appointeddirector
- 2002-02-05➖WHYHAM, Christopher Russell resignedsecretary
- 2002-02-05➖WHYHAM, Christopher Russell resigneddirector
- 2001-11-30➖WHYHAM, Iain Christopher Irving resigneddirector
- 2000-08-14➕WHYHAM, Grace Carlin appointeddirector
- 2000-07-10➕WHYHAM, Iain Christopher Irving appointeddirector
- 2000-06-14➖WHYHAM, Keith Robert resigneddirector
- 1997-01-28🔒Charge registered #4Lender: Close Brothers Limited
- 1995-12-29🔒Charge registered #3Lender: Close Brothers Limited
- 1993-07-08🔒Charge registered #2Lender: Close Brothers Limited.
- 1983-08-30🔒Charge registered #1Lender: National Westminster Bank PLC
- 1947-06-16🏢Company incorporatedAs AIR NAVIGATION AND TRADING COMPANY LIMITED
Owner dependency
85/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 79 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Russell James Whyham Individual · British · DOB 06/1977 · age 49 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| AJK ENGINEERING & INSTALLATIONS LIMITED→ 15921081 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AJP SAFETY SERVICES LTD→ 15045114 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AKR HEATING AND PLUMBING SERVICES LTD→ 14831450 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALBATROSS CONSULTING LIMITED→ 11899023 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ALEX PAYNE CONSULTING LIMITED→ 13525043 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALL TAX REBATES LTD→ 14532513 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALL-SPARXX LTD→ 17004820 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALLIANCE 4 CHILDREN C.I.C.→ 16191552 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLIANCE HR SOLUTIONS LTD→ 12189113 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALLISON CHANGE CONSULTING LIMITED→ 08830816 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ALPHALEAN LIMITED→ 08339914 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ALPHEUS MANAGEMENT SERVICES LIMITED→ 10256371 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1947-06-16
Jurisdictionengland-wales
Primary SIC77351 — SIC 77351
Registered office
Building 42a.
Blackpool Airport
Blackpool
Lancs
FY4 2QS
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-05-25
Last: 2026-05-11
Officers (2 active · 5 resigned)
WHYHAM, Russell James→
Activesecretary · appointed 2002-02-05
View their other companies + combined net worth →
WHYHAM, Russell James→
Activedirector · ~49y · appointed 2002-02-05
View their other companies + combined net worth →
WHYHAM, Christopher Russell→
Resignedsecretary · resigned 2002-02-05
WHYHAM, Christopher Russell→
Resigneddirector · ~86y · resigned 2002-02-05
WHYHAM, Grace Carlin→
Resigneddirector · ~77y · appointed 2000-08-14 · resigned 2026-04-16
WHYHAM, Iain Christopher Irving→
Resigneddirector · ~59y · appointed 2000-07-10 · resigned 2001-11-30
WHYHAM, Keith Robert→
Resigneddirector · ~84y · resigned 2000-06-14
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Close Brothers Close Brothers Limited | Aircraft mortgage | 2 properties | 28/01/1997 | 13/06/2016 | |
| satisfied | Close Brothers Close Brothers Limited | Aircraft mortgage | 1 property | 29/12/1995 | 13/06/2016 | |
| satisfied | Close Brothers Close Brothers Limited. | Aircraft mortgage. | 1 property | 08/07/1993 | 13/06/2016 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 30/08/1983 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (106 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
termination-director-company-with-name-termination-date
officers · TM01
2026-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
capital-name-of-class-of-shares
capital · SH08
2023-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-13