AEROAIR LTD
💤Zombieactive
01796547 · ltd · incorporated 1984-03-02
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£7.7k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
ALSO REGISTERED FOR
- 79909Other reservation service activities n.e.c.
Investor take
Special-situation opportunityDistressed leisure with salvageable qualities — special-situations priority.
Opportunity 71/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 74). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 40.9y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 40.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 8 with DOB)
82
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
142 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £7,702
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£8k
↑ 57% YoY
Current Assets
£4k
↑ 116% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £7.7k | £4.9k |
| Current assets | £3.7k | £1.7k |
| Net assets | £7.7k | £4.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 1 officers
- • 1 persons-with-significant-control
Last 90 days
2
filings
- • 1 officers
- • 1 persons-with-significant-control
Last 180 days
2
filings
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2026-06-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-06-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-01➖MEDARU, Stefania Lavinia resigneddirector
- 2025-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-19✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-07-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-07-18📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-07-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-27📄gazette-notice-compulsorygazette · GAZ1
- 2022-12-01➕KUMAR, Satish appointedsecretary
- 2022-12-01➕KUMAR, Satish appointeddirector
- 2022-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-06-29📄gazette-notice-compulsorygazette · GAZ1
- 2021-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-05-10➖BABBAR, Manish resignedsecretary
- 2018-05-10➖BABBAR, Manish resigneddirector
- 2018-05-10➕MEDARU, Stefania Lavinia appointeddirector
- 2012-04-02➕BABBAR, Manish appointeddirector
- 2012-04-02➖SINGH, Jagdish resigneddirector
- 2004-11-30➕BABBAR, Manish appointedsecretary
- 2004-11-30➖KUMAR, Rajesh resignedsecretary
- 2004-11-30➖SAGER, Satish resigneddirector
- 2004-11-30➕SINGH, Jagdish appointeddirector
- 2001-04-25➖LANITIS, Stella resigneddirector
- 2000-12-18🔒Charge registered #2Lender: Barclays Bank PLC
- 2000-11-01➖DEMADES, Ismini resignedsecretary
- 2000-11-01➖LANITIS, Chris resigneddirector
- 2000-11-01➖LANITIS, John resigneddirector
- 2000-10-31➕KUMAR, Rajesh appointedsecretary
- 2000-10-31➕SAGER, Satish appointeddirector
- 1994-07-04➕DEMADES, Ismini appointedsecretary
- 1994-07-04➖LANITIS, Stella resignedsecretary
- 1985-07-31🔒Charge registered #1Lender: National Westminster Bank PLC
- 1984-03-02🏢Company incorporatedAs AEROAIR LTD
Owner dependency
90/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
85/100
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 74 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-20
🔒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 · Leisure & entertainment · UB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGENT RNB LTD→ 12119924 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AKB FUNCTIONAL FITNESS LTD→ 12821145 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AKHARKALA LTD→ 16814300 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALBION TRAVEL LTD→ 12074902 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARC PADEL LIMITED→ 16829834 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARCANA READING LTD→ 17084212 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARRIVIA TRAVEL UK LIMITED→ 07057833 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ARTEM LIMITED→ 02117063 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| ARTHUR VS ALIENS LTD→ 12819790 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ASTROGEM MUSIC LIMITED→ 08162979 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ATELIER TRAVEL LTD→ 13485237 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ATLAS TRAVEL SERVICES LTD→ 13611636 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1984-03-02
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities
Registered office
Hollybush House Hollybush Lane
Denham
Uxbridge
UB9 4HH
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-04-20OVERDUE
Last: 2025-04-06
Officers (2 active · 11 resigned)
Active
KUMAR, Satish→
Activedirector · ~74y · appointed 2022-12-01
View their other companies + combined net worth →
BABBAR, Manish→
Resignedsecretary · appointed 2004-11-30 · resigned 2018-05-10
DEMADES, Ismini→
Resignedsecretary · appointed 1994-07-04 · resigned 2000-11-01
KUMAR, Rajesh→
Resignedsecretary · appointed 2000-10-31 · resigned 2004-11-30
LANITIS, Stella→
Resignedsecretary · resigned 1994-07-04
BABBAR, Manish→
Resigneddirector · ~48y · appointed 2012-04-02 · resigned 2018-05-10
LANITIS, Chris→
Resigneddirector · ~65y · resigned 2000-11-01
LANITIS, John→
Resigneddirector · ~92y · resigned 2000-11-01
LANITIS, Stella→
Resigneddirector · ~89y · resigned 2001-04-25
MEDARU, Stefania Lavinia→
Resigneddirector · ~36y · appointed 2018-05-10 · resigned 2026-03-01
SAGER, Satish→
Resigneddirector · ~73y · appointed 2000-10-31 · resigned 2004-11-30
SINGH, Jagdish→
Resigneddirector · ~70y · appointed 2004-11-30 · resigned 2012-04-02
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 18/12/2000 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 31/07/1985 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (142 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-06-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-17
certificate-change-of-name-company
change-of-name · CERTNM
2023-07-19
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-18
appoint-person-secretary-company-with-name-date
officers · AP03
2023-07-18
appoint-person-director-company-with-name-date
officers · AP01
2023-07-18
gazette-notice-compulsory
gazette · GAZ1
2023-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-30