AERODYNAMICS DRY LEASING LTD
🌳Matureactive
01916455 · ltd · incorporated 1985-05-24
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 29.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£51.4k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 33160
Sector: Manufacturing
ALSO REGISTERED FOR
- 52230SIC 52230
Investor take
PursueAsset-holding vehicle with a 67-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 29.8y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 29.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
145 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · accounting standard not declaredPositive net assets
Net assets £51,421
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£51k
Current Assets
£680k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £51.4k | — |
| Current assets | £679.8k | — |
| Net assets | £51.4k | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-12-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-28📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-28📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-30📄resolutionresolution · RESOLUTIONS
- 2019-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-21📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-21📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-08-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2013-04-11🔓Charge satisfied #2
- 2010-10-26🔒Charge registered #2Lender: National Westminster Bank PLC
- 2009-03-19🔓Charge satisfied #1
- 1996-08-16🔒Charge registered #1Lender: Close Brothers Limited
- 1985-05-24🏢Company incorporatedAs AERODYNAMICS DRY LEASING LTD
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 41 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.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Martin Grant Brett Courage Individual · British · DOB 03/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 09/11/2016 |
Mrs Gillian Courage Individual · British · DOB 01/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 09/11/2016 |
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 →Similar companies
Active · Manufacturing · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A A MASON LIMITED→ 06636917 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AEGIS PRECISION LTD→ 16674696 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AERO & AUTO LTD→ 16281700 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AEROSPA UK LIMITED→ 05859311 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AEROTIQUES LTD→ 11038046 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AES WOODWORKING LIMITED→ 04668200 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| AFS (SOUTH WEST) LTD→ 06516032 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AGD SYSTEMS LIMITED→ 02666988 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| AGH AIRCRAFT ENGINEERING LTD→ 15368584 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGILICO SYSTEMS LIMITED→ 02511016 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| AGRI-ECOHEALTH LTD.→ 15403001 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AIM COMMERCIAL CATERING EQUIPMENT LTD→ 04966282 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated1985-05-24
Jurisdictionengland-wales
Primary SIC33160 — SIC 33160
Registered office
Hangar Se6 Gloucestershire Airport
Staverton
Cheltenham
Gloucestershire
GL51 6SP
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17
Officers (3 active · 0 resigned)
Active
Active
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge of deposit | 1 property | 26/10/2010 | 11/04/2013 | |
| satisfied | Close Brothers Close Brothers Limited | Aircraft mortgage | 1 property | 16/08/1996 | 19/03/2009 |
Recent filings (145 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
change-person-director-company-with-change-date
officers · CH01
2025-11-28
change-person-director-company-with-change-date
officers · CH01
2025-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-23