ADVANCED AIR (UK) LIMITED
🌳Matureactive
01093689 · ltd · incorporated 1973-02-01
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
PursueActive trading company with a 81-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 81). Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
11 live charges · 6 lenders · oldest 43.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 43.9 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
15 officers (4 active, 15 linked, 6 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
160 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
- 2025-10-01📄accounts-with-accounts-type-mediumaccounts · AA
- 2025-07-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-25🔓Charge satisfied #9
- 2025-04-25➕HENDRY, Jonathan Stuart appointedsecretary
- 2025-04-25➖STEBBINGS, Mark Anthony resignedsecretary
- 2025-04-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-04-25📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-04-09➖HENDRY, Jonathan Stuart resignedsecretary
- 2025-04-09➕STEBBINGS, Mark Anthony appointedsecretary
- 2025-04-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-04-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-09-27📄accounts-with-accounts-type-mediumaccounts · AA
- 2023-10-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-21📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-04🔒Charge registered #11Lender: National Westminster Bank PLC
- 2022-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-05🔒Charge registered #10Lender: National Westminster Bank PLC
- 2021-11-11📄accounts-with-accounts-type-fullaccounts · AA
- 2021-04-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-04-15📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-04-14➕HENDRY, Jonathan Stuart appointedsecretary
- 2021-04-14➖SARGENT, Andrew resignedsecretary
- 2021-03-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-25➕SARGENT, Andrew appointeddirector
- 2020-12-02📄accounts-with-accounts-type-fullaccounts · AA
- 2020-05-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-05-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-05-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-05-07🔓Charge satisfied #5
- 2020-05-07🔓Charge satisfied #1
- 2020-05-05🔒Charge registered #9Lender: Barclays Bank PLC
- 2020-02-26🔒Charge registered #8Lender: National Westminster Bank PLC
- 2020-01-30🔒Charge registered #7Lender: National Westminster Bank PLC
- 2015-04-29🔒Charge registered #6Lender: Barclays Bank PLC
- 2005-09-01➖BEDFORD, Christopher resignedsecretary
- 2005-09-01➕SARGENT, Andrew appointedsecretary
- 2002-04-02🔒Charge registered #5Lender: Barclays Bank PLC
- 2001-11-01➖PLAYER, Michael Hort resigneddirector
- 1998-01-19➕BEDFORD, Christopher appointedsecretary
- 1998-01-19➖PLAYER, Michael Hort resignedsecretary
- 1997-01-17➕PLAYER, Michael Hort appointedsecretary
- 1997-01-17➖WAKEHAM, Guy Ian resignedsecretary
- 1995-10-15➖ROCHESTER, John Stanley Albert resigneddirector
- 1995-06-16➕PLAYER, Michael Hort appointeddirector
- 1995-01-11➖NAILOR, Steven Anthony resignedsecretary
- 1995-01-11➕WAKEHAM, Guy Ian appointedsecretary
- 1995-01-01➖BARTLE, Ian Stewart resigneddirector
- 1994-06-17➖ANSTRUTHER NORTON, Quentin James Anstruther resignedsecretary
- 1994-06-17➕NAILOR, Steven Anthony appointedsecretary
Showing most recent 50 of 60 events
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael T Nailor Individual · Canadian · DOB 09/1945 · age 81 | — | — | sig. influencesignificant influence | 01/06/2019 |
1 historic (ceased) PSC
- Mr Steve Nailorceased 01/06/2019· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A J TRAILER MAINTENANCE LIMITED→ 06477441 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1973-02-01
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990
Registered office
The Factory
Burrell Way
Thetford
Norfolk
IP24 3QU
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-21
Last: 2026-04-07
Officers (4 active · 11 resigned)
HENDRY, Jonathan Stuart→
Activesecretary · appointed 2025-04-25
View their other companies + combined net worth →
Active
NAILOR, Steven Anthony→
Activedirector · ~70y · appointed 1994-05-13
View their other companies + combined net worth →
SARGENT, Andrew→
Activedirector · ~65y · appointed 2021-03-25
View their other companies + combined net worth →
ANSTRUTHER NORTON, Quentin James Anstruther→
Resignedsecretary · resigned 1994-06-17
BEDFORD, Christopher→
Resignedsecretary · appointed 1998-01-19 · resigned 2005-09-01
HENDRY, Jonathan Stuart→
Resignedsecretary · appointed 2021-04-14 · resigned 2025-04-09
NAILOR, Steven Anthony→
Resignedsecretary · appointed 1994-06-17 · resigned 1995-01-11
PLAYER, Michael Hort→
Resignedsecretary · appointed 1997-01-17 · resigned 1998-01-19
SARGENT, Andrew→
Resignedsecretary · appointed 2005-09-01 · resigned 2021-04-14
STEBBINGS, Mark Anthony→
Resignedsecretary · appointed 2025-04-09 · resigned 2025-04-25
WAKEHAM, Guy Ian→
Resignedsecretary · appointed 1995-01-11 · resigned 1997-01-17
BARTLE, Ian Stewart→
Resigneddirector · ~77y · appointed 1994-05-19 · resigned 1995-01-01
PLAYER, Michael Hort→
Resigneddirector · ~77y · appointed 1995-06-16 · resigned 2001-11-01
ROCHESTER, John Stanley Albert→
Resigneddirector · ~96y · resigned 1995-10-15
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
5
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 04/08/2022 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 05/05/2022 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 05/05/2020 | 25/07/2025 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 26/02/2020 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 30/01/2020 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 29/04/2015 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/04/2002 | 07/05/2020 | |
| satisfied | Close Brothers Close Brothers Limited, | Prompt credit application. | 1 property | 10/08/1993 | 18/02/1994 | |
| satisfied | Close Brothers Close Brothers Limited | A credit agreement entitled "prompt credit application" | 1 property | 30/07/1992 | 18/02/1994 | |
| satisfied | Tyndall & Co Tyndall & Co LTD | Legal charge | 1 property | 27/06/1991 | 18/02/1994 | |
| satisfied | Barclays Barclays Bank LTD | Debenture | 1 property | 23/07/1982 | 07/05/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (160 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-18
accounts-with-accounts-type-medium
accounts · AA
2025-10-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-25
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-25
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-25
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-09
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-medium
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
accounts-with-accounts-type-full
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-full
accounts · AA
2022-10-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-09