AIR CONTROL INDUSTRIES LIMITED

🌳Matureactive

00959711 · ltd · incorporated 1969-08-06

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2024

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 28290

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 55.6y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 55.6 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

20 officers (3 active, 20 linked, 15 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

3 connected companies via shared directors

Filing history

171 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-03-31
Average employees	5300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (61 events)Click to expand

2025-12-29
📄
accounts-with-accounts-type-small
accounts · AA
2025-10-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-24
➖
NIELD, Adrian resigned
director
2024-11-06
📄
accounts-with-accounts-type-small
accounts · AA
2023-12-30
📄
accounts-with-accounts-type-small
accounts · AA
2023-04-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-01-12
➖
TUFFIN, Paul resigned
director
2022-09-23
📄
accounts-with-accounts-type-small
accounts · AA
2021-12-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-12-14
➕
NIELD, Adrian appointed
director
2021-09-24
📄
accounts-with-accounts-type-small
accounts · AA
2020-09-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-09-21
📄
accounts-with-accounts-type-small
accounts · AA
2020-09-14
➕
COCKERILL, Lucy appointed
director
2020-08-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-08-11
➖
HELLIER, Christopher Ian resigned
director
2019-09-05
📄
accounts-with-accounts-type-small
accounts · AA
2019-04-15
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-04-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2019-02-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-02-01
➕
HELLIER, Christopher Ian appointed
director
2019-01-28
📄
resolution
resolution · RESOLUTIONS
2019-01-25
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2018-08-07
➖
FORKNALL, Matthew David resigned
director
2018-04-02
➕
DA SILVA, Kirsten Ann appointed
director
2017-01-03
➕
DA SILVA, Kirsten Ann appointed
secretary
2017-01-03
➖
TUFFIN, Paul resigned
secretary
2016-05-25
➖
GALE, Simon David resigned
secretary
2016-05-25
➕
TUFFIN, Paul appointed
secretary
2016-05-25
➖
GALE, Simon David resigned
director
2012-07-16
➖
LOW, Angus Andrew resigned
director
2011-10-11
➕
GALE, Simon David appointed
director
2011-06-07
➕
GALE, Simon David appointed
secretary
2011-05-18
➖
KEYTE, Keith Jonathan resigned
secretary
2011-05-18
➖
KEYTE, Keith Jonathan resigned
director
2011-05-18
➕
LOW, Angus Andrew appointed
director
2010-05-31
➖
JONES, Owain resigned
director
2008-12-13
🔓
Charge satisfied #3
2008-11-10
🔓
Charge satisfied #5
2008-08-26
➖
BEAN, Jason Robert resigned
director
2008-03-11
🔒
Charge registered #6
Lender: National Westminster Bank PLC
2007-04-19
➕
JONES, Owain appointed
director
2007-04-10
➖
LOW, Angus Andrew resigned
director
2007-02-27
🔒
Charge registered #5
Lender: Lloyds Tsb Bank PLC
2005-04-27
🔓
Charge satisfied #4
2003-09-06
➕
KEYTE, Keith Jonathan appointed
secretary
2003-09-05
➖
HILL, Roger Charles resigned
secretary
2003-04-01
➖
AULT, John Douglas, Dr resigned
director
2003-04-01
➖
DAVIDGE, David John resigned
director
2003-04-01
➖
FORKNALL, Eric Samuel resigned
director

Showing most recent 50 of 61 events

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

56/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 57 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

P&Lt Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

P&Lt Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

AIR CONTROL INDUSTRIES LIMITED

This company · 00959711

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
P&Lt Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	28/01/2019

2 historic (ceased) PSCs

Mr Paul Tuffinceased 28/01/2019· 50-75% shares · 50-75% voting · board control · significant influence
Mr Matthew David Forknallceased 07/08/2018· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Manufacturing · EX postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A & B CRANES (SOUTH WEST) LIMITED→ 11134687 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
ABSOLUTELY KNOT LTD→ 14798875 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ACRYLUX LIMITED→ 04051866 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
ACTRON LTD→ 01184640 · est 1974 · no financials extracted	—	—	—	—	51y	—	—
ADDICOTT ELECTRICS LIMITED→ 02164309 · est 1987 · no financials extracted	—	—	—	—	38y	—	—
AEGIS DRONE TECHNOLOGIES LTD→ 15916967 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AGC ELECTRICAL LTD→ 06914320 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
AGLOW KITCHEN REPAIRS AND SERVICING LIMITED→ 10088015 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
AGRI-TEL (DEVON) LIMITED→ 06058406 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
AGRIPIPES LTD→ 13484515 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AGRO-VITAL UK LIMITED→ 08295643 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
AIR FRESH SERVICES LIMITED→ 08958084 · est 2014 · no financials extracted	—	—	—	—	12y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1969-08-06

Jurisdictionengland-wales

Primary SIC28290 — SIC 28290

Registered office

Air Control Industries Limited

Weycroft Avenue, Millwey Rise Industrial Estate

Axminster

Devon

EX13 5HU

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-15

Last: 2026-04-01

Officers (3 active · 17 resigned)

DA SILVA, Kirsten Ann→

secretary · appointed 2017-01-03

View their other companies + combined net worth →

Active

COCKERILL, Lucy→

director · ~39y · appointed 2020-09-14

View their other companies + combined net worth →

Active

DA SILVA, Kirsten Ann→

director · ~58y · appointed 2018-04-02

View their other companies + combined net worth →

Active

GALE, Simon David→

secretary · appointed 2011-06-07 · resigned 2016-05-25

Resigned

HILL, Roger Charles→

secretary · resigned 2003-09-05

Resigned

KEYTE, Keith Jonathan→

secretary · appointed 2003-09-06 · resigned 2011-05-18

Resigned

TUFFIN, Paul→

secretary · appointed 2016-05-25 · resigned 2017-01-03

Resigned

AULT, John Douglas, Dr→

director · ~94y · resigned 2003-04-01

Resigned

BEAN, Jason Robert→

director · ~60y · appointed 1998-01-01 · resigned 2008-08-26

Resigned

DAVIDGE, David John→

director · ~85y · resigned 2003-04-01

Resigned

FORKNALL, Eric Samuel→

director · ~90y · resigned 2003-04-01

Resigned

FORKNALL, Matthew David→

director · ~57y · appointed 2003-04-01 · resigned 2018-08-07

Resigned

GALE, Simon David→

director · ~79y · appointed 2011-10-11 · resigned 2016-05-25

Resigned

HELLIER, Christopher Ian→

director · ~54y · appointed 2019-02-01 · resigned 2020-08-11

Resigned

JONES, Owain→

director · ~51y · appointed 2007-04-19 · resigned 2010-05-31

Resigned

KEYTE, Keith Jonathan→

director · ~59y · appointed 2003-04-01 · resigned 2011-05-18

Resigned

LOW, Angus Andrew→

director · ~82y · appointed 2011-05-18 · resigned 2012-07-16

Resigned

LOW, Angus Andrew→

director · ~82y · resigned 2007-04-10

Resigned

NIELD, Adrian→

director · ~56y · appointed 2021-12-14 · resigned 2025-10-24

Resigned

TUFFIN, Paul→

director · ~63y · appointed 1993-04-05 · resigned 2023-01-12

Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
outstanding	National Westminster Bank National Westminster Bank PLC	Debenture	1 property	11/03/2008	—
satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	Debenture	1 property	27/02/2007	10/11/2008
satisfied	Peter Harvey and Derek Geoffrey Long (The Security Trustee)	Debenture	1 property	01/04/2003	27/04/2005
satisfied	Lloyds Banking Group Lloyds Tsb Commercial Finance Limited	All asset debenture	1 property	27/03/2003	13/12/2008
satisfied	National Westminster Bank National Westminster Bank PLC	Mortgage	1 property	30/03/1972	04/01/1996
satisfied	A. L. Faiger	Debenture	1 property	03/11/1970	01/04/2003

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (171 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-14

accounts-with-accounts-type-small

accounts · AA

2025-12-29

termination-director-company-with-name-termination-date

officers · TM01

2025-10-27

confirmation-statement-with-updates

confirmation-statement · CS01

2025-04-07

accounts-with-accounts-type-small

accounts · AA

2024-11-06

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-04-03

accounts-with-accounts-type-small

accounts · AA

2023-12-30

confirmation-statement-with-updates

confirmation-statement · CS01

2023-04-13

termination-director-company-with-name-termination-date

officers · TM01

2023-04-13

accounts-with-accounts-type-small

accounts · AA

2022-09-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-04-01

appoint-person-director-company-with-name-date

officers · AP01

2021-12-21

accounts-with-accounts-type-small

accounts · AA

2021-09-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-04-01

appoint-person-director-company-with-name-date

officers · AP01

2020-09-25