AIRTECH (SERVICE & MAINTENANCE) LIMITED

🌳Matureactive
01668880 · ltd · incorporated 1982-10-01
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 12.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£2.88M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Asset-holding vehicle with a 78-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 12.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 12.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £2,879,572

Key financials

2 years extracted from filed iXBRL accounts
Cash
£888k
Net Worth
£2.9m
Current Assets
£1.6m
Current Liabilities
—
£0£576k£1.2m£1.7m£2.3m£2.9mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£3.36M—
Current assets£1.57M—
Cash£888.0k—
Debtors£604.8k—
Net assets£2.88M—
Average employees—3700

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-24
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  3. 2024-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-06
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2021-12-02
    📄
    capital-name-of-class-of-shares
    capital · SH08
  8. 2021-11-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-11-01
    🔓
    Charge satisfied #1
  10. 2021-05-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2020-05-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2020-01-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2019-08-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-05-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2018-12-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2018-10-19
    ➖
    MUSGRAVE, Ingrid Diane resigned
    secretary
  17. 2018-07-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2018-05-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2014-01-31
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  20. 2003-07-10
    ➕
    MUSGRAVE, Paula Fiona appointed
    director
  21. 1998-03-06
    ➕
    MUSGRAVE, Philip James appointed
    director
  22. 1982-10-01
    🏢
    Company incorporated
    As AIRTECH (SERVICE & MAINTENANCE) LIMITED

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 28 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Ingrid Diane Musgrave
Individual · British · DOB 09/1948 · age 78
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Anthony Francis Musgrave
Individual · British · DOB 08/1948 · age 78
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1982-10-01
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

Cresta House
Imberhorne Lane
East Grinstead
West Sussex
RH19 1QX

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-07
Last: 2025-11-23

Officers (4 active · 1 resigned)

MUSGRAVE, Anthony Francis→
director · ~78y
View their other companies + combined net worth →
Active
MUSGRAVE, Ingrid Diane→
director · ~78y
View their other companies + combined net worth →
Active
MUSGRAVE, Paula Fiona→
director · ~51y · appointed 2003-07-10
View their other companies + combined net worth →
Active
MUSGRAVE, Philip James→
director · ~55y · appointed 1998-03-06
View their other companies + combined net worth →
Active
MUSGRAVE, Ingrid Diane→
secretary · resigned 2018-10-19
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge2 properties31/01/201401/11/2021

Recent filings (116 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
change-sail-address-company-with-old-address-new-address
address · AD02
2024-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-22
resolution
resolution · RESOLUTIONS
2021-12-06
capital-name-of-class-of-shares
capital · SH08
2021-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-01
accounts-with-accounts-type-small
accounts · AA
2021-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-23