AIRPART SUPPLY LIMITED
📈Growthactive
01786291 · ltd · incorporated 1984-01-26
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
PursueConservative operator with a 65-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 15.1y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 15.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (81/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
12 officers (5 active, 12 linked, 9 with DOB)
85
Ownership & PSC
0 active PSC(s) of 5 total, 5 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
137 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 102Profitable
Profit before tax £1,272,843
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Profit before tax | £1.27M | £645.3k |
| Average employees | 2000 | 2200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (41 events)Click to expand
- 2025-03-14📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-13➖ALLEN, Robert William resigneddirector
- 2024-04-30📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2024-04-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-11-01📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-10-22📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-09-13📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-12-02📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-12➕PATERSON, Angus appointedsecretary
- 2022-08-12➕SCOTT, Louise appointeddirector
- 2022-08-12➖POVEY, Howard resigneddirector
- 2022-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-02-16📄capital-allotment-sharescapital · SH01
- 2022-02-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-02-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-02-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-02-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-01➕PAGE, Steve appointeddirector
- 2022-02-01➕RAYNES, Tanya appointeddirector
- 2022-02-01➖MCCULLOCH, Robert resignedsecretary
- 2022-02-01➖MCHUGH, Shaun resigneddirector
- 2022-02-01➕POVEY, Howard appointeddirector
- 2022-01-25🔓Charge satisfied #3
- 2017-11-29🔓Charge satisfied #1
- 2017-11-07🔒Charge registered #3Lender: Shaun Mghugh
- 2016-04-21🔒Charge registered #2Lender: National Westminster Bank PLC
- 2011-04-26🔒Charge registered #1Lender: Robert Allen, David Scott Mchugh & Shuan Mchugh
- 2006-06-30➖HILL, Jonathan resigneddirector
- 2005-11-21➕MCCULLOCH, Robert appointedsecretary
- 2005-11-21➖MCHUGH, Shaun resignedsecretary
- 2001-04-15➕HILL, Jonathan appointeddirector
- 1997-04-16➖MCHUGH, Michael Joseph resigneddirector
- 1984-01-26🏢Company incorporatedAs AIRPART SUPPLY LIMITED
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 · Wholesale & distribution · HP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & M TEXTILES LIMITED→ 09494688 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| A PIEDI LTD→ 09396392 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADAM SUPPLIES LIMITED→ 12866816 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AL SOURCING LTD→ 16122143 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALCATIA PHARMA LIMITED→ 15554825 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALIGN CHEMICAL LIMITED→ 06335052 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ALL BOXED IN LIMITED→ 08399590 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ALL4DRINKS LTD→ 14821941 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLEY KAT TRADING COMPANY LTD→ 15934464 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLIANCE IT RESALE LTD→ 16550939 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALMALAKI FOODS LTD→ 15677069 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALMAS TRADERS LIMITED→ 16812682 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1984-01-26
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Unit 3, The Gateway Centre Coronation Road
Cressex Business Centre
High Wycombe
Buckinghamshire
HP12 3SU
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25
Officers (5 active · 7 resigned)
Active
Active
Active
RAYNES, Tanya→
Activedirector · ~55y · appointed 2022-02-01
View their other companies + combined net worth →
SCOTT, Louise→
Activedirector · ~40y · appointed 2022-08-12
View their other companies + combined net worth →
MCCULLOCH, Robert→
Resignedsecretary · appointed 2005-11-21 · resigned 2022-02-01
MCHUGH, Shaun→
Resignedsecretary · resigned 2005-11-21
ALLEN, Robert William→
Resigneddirector · ~71y · resigned 2024-09-13
HILL, Jonathan→
Resigneddirector · ~55y · appointed 2001-04-15 · resigned 2006-06-30
MCHUGH, Michael Joseph→
Resigneddirector · ~108y · resigned 1997-04-16
MCHUGH, Shaun→
Resigneddirector · ~68y · resigned 2022-02-01
POVEY, Howard→
Resigneddirector · ~58y · appointed 2022-02-01 · resigned 2022-08-12
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Shaun Mghugh / Robert William Allen / David Scott Mchugh / Rowanmoor Trustees Shaun Mghugh / Robert William Allen / David Scott Mchugh / Rowanmoor Trustees Limited | A registered charge | — | 07/11/2017 | 25/01/2022 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 21/04/2016 | — | |
| satisfied | Robert Allen, David Scott Mchugh & Shuan Mchugh | Charge over stocks | 1 property | 26/04/2011 | 29/11/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (137 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-full
accounts · AA
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-24
termination-director-company-with-name-termination-date
officers · TM01
2024-09-24
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-04-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-30
accounts-with-accounts-type-full
accounts · AA
2024-02-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-01
accounts-with-accounts-type-full
accounts · AA
2023-10-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-10-20
change-account-reference-date-company-current-extended
accounts · AA01
2023-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
accounts-with-accounts-type-full
accounts · AA
2022-12-02
termination-director-company-with-name-termination-date
officers · TM01
2022-08-12