AIRSPRUNG PROPERTY LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 69). 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 (65/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 21.1y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 mortgage
- • 1 accounts
Corporate timeline (45 events)Click to expand
- 2026-01-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-22🔒Charge registered #3Lender: Dalriada Trustees Limited
- 2025-12-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-10-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-07🔓Charge satisfied #2
- 2025-10-07🔓Charge satisfied #1
- 2024-11-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-01-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-01-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-28📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-06-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-05-26➖LYONS, Stuart Randolph resigneddirector
- 2017-05-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-01-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2006-12-21🔒Charge registered #2Lender: National Westminster Bank PLC
- 2006-01-17➖LAMB, Paul Ronald resigneddirector
- 2006-01-17➖YATES, Jeremy Patrick resigneddirector
- 2006-01-17➖YATES, Stephen Graham Warriner, Mr. resigneddirector
- 2005-09-07➕LYONS, Stuart Randolph appointeddirector
- 2005-04-05🔒Charge registered #1Lender: Barclays Bank PLC
- 2004-03-31➕DALLAWAY, Tean Elizabeth appointeddirector
- 2004-03-31➖ALSOP, Andrew John Rose resigneddirector
- 2003-12-17➕LAMB, Paul Ronald appointeddirector
- 2003-02-28➖HARRINGTON, Stephen Thomas resigneddirector
- 2002-04-29➕LISANTI, Antonio appointeddirector
- 2002-03-28➕HARRINGTON, Stephen Thomas appointeddirector
- 2002-03-28➕YATES, Jeremy Patrick appointeddirector
- 2001-08-31➖ZIEMNIAK, Peter Richard resigneddirector
- 2001-08-07➕YATES, Stephen Graham Warriner, Mr. appointeddirector
- 1997-08-20➖PIERCE, John Edward resigneddirector
- 1997-08-20➕ZIEMNIAK, Peter Richard appointeddirector
- 1996-04-29➕DALLAWAY, Tean Elizabeth appointedsecretary
- 1996-04-29➖NETLEY, Brian Malcolm resignedsecretary
- 1996-04-29➕ALSOP, Andrew John Rose appointeddirector
- 1996-04-29➖NETLEY, Brian Malcolm resigneddirector
- 1995-04-01➖YATES, John Graham Warriner resigneddirector
- 1994-04-01➕PIERCE, John Edward appointeddirector
- 1994-03-31➖COPPEL, Michael Leonard resigneddirector
- 1982-07-20🏢Company incorporatedAs AIRSPRUNG PROPERTY LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 44 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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Stewart Perloff Individual · British · DOB 09/1944 · age 82 | 50–75% | — | 50-75% shares | 06/04/2017 |
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 · Holding company · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1&2 LANSDOWN PLACE WEST MANAGEMENT LIMITED→ 15454196 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 10 BROCK STREET BATH (MANAGEMENT) LIMITED→ 02222361 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| 10 OAKLAND ROAD MANAGEMENT LIMITED→ 01147743 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| 10 WIDCOMBE CRESCENT (BATH) LIMITED→ 01822662 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| 102 LADY MARGARET ROAD MANAGEMENT COMPANY LIMITED→ 10084854 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 11 ARGYLE STREET MANAGEMENT COMPANY LIMITED→ 09961290 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 11 CAMDEN CRESCENT MANAGEMENT LIMITED→ 02454704 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| 11 CAVENDISH CRESCENT (BATH) LIMITED→ 01444108 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| 11 CAVENDISH PLACE BATH LIMITED→ 02831751 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| 11 DEVONSHIRE BUILDINGS BATH (MANAGEMENT) LIMITED→ 02561338 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| 11 GEORGE STREET (BATH) MANAGEMENT COMPANY LIMITED→ 01541159 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| 11 GROSVENOR PLACE (BATH) LIMITED→ 01961913 · est 1985 · 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 (3 active · 12 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dalriada Trustees Dalriada Trustees Limited | A registered charge | 1 property | 22/01/2026 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 21/12/2006 | 07/10/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 05/04/2005 | 07/10/2025 |