AIRQUICK (NEWARK) LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 70). 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 (45/100).
Refinance opportunity
12 live charges · 5 lenders · oldest 50.6y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 50.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £1.78M | £2.08M |
| Current assets | £1.80M | £2.15M |
| Cash | £182.6k | £-206.6k |
| Debtors | £1.25M | £2.11M |
| Net assets | £1.53M | £1.91M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (45 events)Click to expand
- 2025-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-05-20➖HOWARD, Dean resignedsecretary
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-12-19📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-27➖HISCOCK, Jeffrey John resignedsecretary
- 2023-11-27➕HOWARD, Dean appointedsecretary
- 2023-03-30📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-28📄accounts-with-accounts-type-smallaccounts · AA
- 2021-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-04📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-25➕ESKRIETT, Andrew appointeddirector
- 2019-10-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-03-13➕PARSONS, Richard James appointeddirector
- 2007-02-07🔒Charge registered #12Lender: Barclays Bank PLC
- 2006-10-14🔓Charge satisfied #9
- 2006-09-14🔓Charge satisfied #8
- 2006-09-14🔓Charge satisfied #5
- 2006-09-14🔓Charge satisfied #4
- 2006-09-14🔓Charge satisfied #3
- 2006-04-28🔒Charge registered #11Lender: Barclays Bank PLC
- 2006-04-19🔒Charge registered #10Lender: Barclays Bank PLC
- 2001-03-29🔒Charge registered #9Lender: Railtrack PLC
- 1997-09-17➖HISCOCK, Frederick John resigneddirector
- 1997-05-08🔓Charge satisfied #7
- 1997-05-08🔓Charge satisfied #6
- 1997-05-08🔓Charge satisfied #1
- 1997-04-08🔓Charge satisfied #2
- 1989-08-16🔒Charge registered #8Lender: Midland Bank PLC
- 1987-06-17🔒Charge registered #7Lender: Midland Bank PLC
- 1987-06-17🔒Charge registered #6Lender: Midland Bank PLC
- 1985-10-31🔒Charge registered #5Lender: Midland Bank PLC
- 1981-12-22🔒Charge registered #4Lender: Newark District Council.
- 1979-06-26🔒Charge registered #3Lender: Midland Bank PLC
- 1979-04-03🔒Charge registered #2Lender: Newark District Council
- 1975-11-10🔒Charge registered #1Lender: Midland Bank PLC
- 1974-05-07🏢Company incorporatedAs AIRQUICK (NEWARK) LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 14 years.
- secondaryStable-but-static management: Company is 52 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kenneth Charles Hiscock Individual · British · DOB 05/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Jeffrey John Hiscock Individual · British · DOB 09/1960 · age 66 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Elizabeth Anne Wrigglesworth Individual · British · DOB 04/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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
Active · Wholesale & distribution · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGROEXCEL INTERNATIONAL LTD→ 16114798 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AHA FOODS & DISTRIBUTORS LTD→ 16762679 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AI SUPPLY LTD→ 16659054 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIRHEARTH LTD→ 15748515 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AIRQUICK RAIL INTERNATIONAL LIMITED→ 15550191 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AJAX GROUP LTD→ 11819893 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AKKLUXE HEALTH AND BEAUTY LTD→ 15180434 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AKM PROJECTS LIMITED→ 13937151 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ALAN LITMAN LIMITED→ 06266961 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ALB GARDEN SUPPLIES LTD→ 12714382 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALDEBARAN BEAUTY LTD→ 16282223 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALENSA LIMITED→ 11282139 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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 →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 (5 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 07/02/2007 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 28/04/2006 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 19/04/2006 | — | |
| satisfied | Railtrack Railtrack PLC | Vesting agreement | 1 property | 29/03/2001 | 14/10/2006 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 16/08/1989 | 14/09/2006 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 17/06/1987 | 08/05/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 17/06/1987 | 08/05/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 31/10/1985 | 14/09/2006 | |
| satisfied | Newark District Council. | Further charge | 1 property | 22/12/1981 | 14/09/2006 | |
| satisfied | Midland Bank Midland Bank PLC | Legal mortgage | 1 property | 26/06/1979 | 14/09/2006 | |
| satisfied | Newark District Council | Legal charge | 1 property | 03/04/1979 | 08/04/1997 | |
| satisfied | Midland Bank Midland Bank PLC | Floating charge | 1 property | 10/11/1975 | 08/05/1997 |