AIR & LIQUID FILTRATION LIMITED
Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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
8 live charges · 3 lenders · oldest 67.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 67.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 500 | 600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (37 events)Click to expand
- 2025-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-04-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-02➕BURMI, Amarjot Kaur appointeddirector
- 2025-04-02➕BURMI, Hardip Singh appointeddirector
- 2025-04-02➖DANKS, Roger, Mr. resignedsecretary
- 2025-04-02➖DANKS, Roger, Mr. resigneddirector
- 2025-04-02➖GIBBINS, Keith George resigneddirector
- 2025-04-02🔒Charge registered #8Lender: Lloyds Bank PLC
- 2025-04-02🔒Charge registered #7Lender: Lloyds Bank PLC
- 2024-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-28🔓Charge satisfied #6
- 2020-06-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 1992-05-05🔓Charge satisfied #3
- 1992-05-05🔓Charge satisfied #1
- 1991-11-11🔓Charge satisfied #5
- 1991-11-11🔓Charge satisfied #4
- 1991-11-11🔓Charge satisfied #2
- 1991-10-04🔒Charge registered #6Lender: Barclays Bank PLC
- 1986-10-24🔒Charge registered #5Lender: Midland Bank PLC
- 1985-12-10🔒Charge registered #4Lender: Midland Bank PLC
- 1984-04-04🔒Charge registered #3Lender: Midland Bank PLC
- 1980-04-23🔒Charge registered #2Lender: Midland Bank PLC
- 1959-03-12🔒Charge registered #1Lender: Midland Bank PLC
- 1956-03-28🏢Company incorporatedAs AIR & LIQUID FILTRATION LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Custom Filtration Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Custom Filtration Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/04/2025 |
2 historic (ceased) PSCs
- Mr. Roger Danksceased 02/04/2025· 25-50% shares · 25-50% voting
- Mr Keith George Gibbinsceased 02/04/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| A.M.M.E. LIMITED→ 01603560 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
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| AM EXTRACTIONS & CANOPY VENTILATION LTD→ 16663426 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AM TUTOR SERVICES LIMITED→ 05794350 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AMIR HOME FURNITURE LTD→ 15837384 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMIRA BLINDS LIMITED→ 17063641 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AMORE TRADING LTD→ 13149896 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AMOT UK HOLDINGS LIMITED→ 02509935 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| AMP ELECTRICAL INSTALLATION & INSPECTION & TESTING LTD→ 07277958 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AMPHENOL INVOTEC LIMITED→ 01994112 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 02/04/2025 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 02/04/2025 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 04/10/1991 | 28/07/2020 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 24/10/1986 | 11/11/1991 | |
| satisfied | Midland Bank Midland Bank PLC | Charge over all book debts. | 1 property | 10/12/1985 | 11/11/1991 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 04/04/1984 | 05/05/1992 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 23/04/1980 | 11/11/1991 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage & charge | 1 property | 12/03/1959 | 05/05/1992 |