AIR SYSTEMS LIMITED

⚰️Wound downdissolved
01807513 · ltd · incorporated 1984-04-10
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 39.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 80/100. Strong seller-intent signal (68/100, director aged 94). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 39.2y

85/100
ready

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

  • · Oldest live charge is 39.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (60/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (5 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (44 events)Click to expand
  1. 2018-01-02
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-01-02
    🏁
    Company dissolved
  3. 2017-10-10
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2017-09-28
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2017-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2016-08-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2016-06-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2015-08-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2015-07-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2014-07-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-07-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2013-08-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2013-07-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2012-07-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-06-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2011-08-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-08-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2011-08-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2011-06-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2011-05-05
    📄
    termination-director-company-with-name
    officers · TM01
  21. 2011-04-30
    ➖
    HILL, Michael resigned
    director
  22. 2010-08-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2010-08-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2010-08-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2010-08-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  26. 2010-06-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2007-03-31
    ➖
    CHESSHIRE, David Harvey resigned
    director
  28. 2003-10-01
    ➕
    BURFORD, Mark appointed
    director
  29. 2003-10-01
    ➕
    EYRE, John Rees appointed
    director
  30. 2003-10-01
    ➕
    SHAWCROSS, Geoffrey Douglas appointed
    director
  31. 2003-10-01
    ➕
    HILL, Michael appointed
    director
  32. 2003-07-01
    ➕
    SCOTT, Michael appointed
    secretary
  33. 2003-07-01
    ➕
    ASKHAM, Melvyn appointed
    director
  34. 2003-07-01
    ➕
    CHESSHIRE, David Harvey appointed
    director
  35. 2003-06-30
    ➖
    TAYSUM, Roy resigned
    secretary
  36. 2003-06-30
    ➖
    TAYSUM, Josephine Eileen resigned
    director
  37. 2003-06-30
    ➖
    TAYSUM, Roy resigned
    director
  38. 2003-06-19
    🔓
    Charge satisfied #3
  39. 1999-06-26
    🔓
    Charge satisfied #2
  40. 1999-01-07
    🔓
    Charge satisfied #1
  41. 1990-10-31
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  42. 1990-04-29
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  43. 1987-03-08
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  44. 1984-04-10
    🏢
    Company incorporated
    As AIR SYSTEMS LIMITED

Owner dependency

65/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 94 — succession pressure is live.

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 94 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 42 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 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2018-01-02

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Eyre & Elliston Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Eyre & Elliston Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
AIR SYSTEMS LIMITED
This company · 01807513

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Eyre & Elliston Holdings Limited
Corporate entity
75–100%
—75-100% shares06/04/2016

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

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 →
🔒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

Statusdissolved
Typeltd
Incorporated1984-04-10
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

191 Chatsworth Road
Chesterfield
Derbyshire
S40 2BD

Filing status

Accounts
Next due: —
Last made up to: 2016-09-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 5 resigned)

SCOTT, Michael→
secretary · appointed 2003-07-01
View their other companies + combined net worth →
Active
ASKHAM, Melvyn→
director · ~75y · appointed 2003-07-01
View their other companies + combined net worth →
Active
BURFORD, Mark→
director · ~62y · appointed 2003-10-01
View their other companies + combined net worth →
Active
EYRE, John Rees→
director · ~78y · appointed 2003-10-01
View their other companies + combined net worth →
Active
SHAWCROSS, Geoffrey Douglas→
director · ~94y · appointed 2003-10-01
View their other companies + combined net worth →
Active
TAYSUM, Roy→
secretary · resigned 2003-06-30
Resigned
CHESSHIRE, David Harvey→
director · ~79y · appointed 2003-07-01 · resigned 2007-03-31
Resigned
HILL, Michael→
director · ~80y · appointed 2003-10-01 · resigned 2011-04-30
Resigned
TAYSUM, Josephine Eileen→
director · ~88y · resigned 2003-06-30
Resigned
TAYSUM, Roy→
director · ~88y · resigned 2003-06-30
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property31/10/199019/06/2003
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Memorandum of deposit1 property29/04/199026/06/1999
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property08/03/198707/01/1999

Recent filings (94 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-01-02
gazette-notice-voluntary
gazette · GAZ1(A)
2017-10-10
dissolution-application-strike-off-company
dissolution · DS01
2017-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2017-06-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-08-05
accounts-with-accounts-type-dormant
accounts · AA
2016-06-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-17
accounts-with-accounts-type-dormant
accounts · AA
2015-07-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-30
accounts-with-accounts-type-full
accounts · AA
2014-07-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-12
accounts-with-accounts-type-full
accounts · AA
2013-07-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-07-18
accounts-with-accounts-type-full
accounts · AA
2012-06-25