AIRSPEED TYRE AND EXHAUST LIMITED
💤Zombieactive
01923049 · ltd · incorporated 1985-06-17
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 Jun 2024
Net worth
£76.0k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 45320Retail trade of motor vehicle parts and accessories
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £76,008
Cash YoY
+65%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£69k
↑ 65% YoY
Net Worth
£76k
↑ 12% YoY
Current Assets
£115k
↑ 19% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £76.0k | £67.9k |
| Current assets | £115.1k | £96.4k |
| Cash | £68.5k | £41.6k |
| Debtors | £25.0k | £30.3k |
| Net assets | £76.0k | £67.9k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-31➖BURROWS, Alan George resigneddirector
- 2024-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-07📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2007-08-01➕BURROWS, Christopher appointeddirector
- 2004-12-06➕DENNY, Claire appointedsecretary
- 2004-12-06➖BURROWS, Maureen Ann resignedsecretary
- 1985-06-17🏢Company incorporatedAs AIRSPEED TYRE AND EXHAUST LIMITED
Owner dependency
85/100
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.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 41 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher Burrows Individual · British · DOB 06/1972 · age 54 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Alan George Burrowsceased 31/01/2025· 25-50% shares
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 · Automotive · IP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 121 VENTURE LTD→ 15124112 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.J. GIBBONS & SON LIMITED→ 01291633 · est 1976 · no financials extracted | — | — | — | — | 49y | — | — |
| A&JM CONSULTANCY LTD→ 13488178 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A&L VALETING CAR CENTRE LTD→ 16233068 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AA MOTOR MEDIC LIMITED→ 08145304 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ABBEY RACE ENGINEERING LTD→ 16931464 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACM BODY REPAIRS LTD→ 12631837 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AG MOTORS BURY LTD→ 16036187 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AINGER (HOLBROWS) LIMITED→ 02666445 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| AJ AUTO SERVICES LTD→ 12203927 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AJ AUTOS STOWMARKET LTD→ 16933281 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALAN CURTIS LIMITED→ 13238279 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated1985-06-17
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
Unit 2-4 Foxtail Road
Ransomes Park
Ipswich
IP3 9RT
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-05-16
Last: 2026-05-02
Officers (2 active · 2 resigned)
Active
BURROWS, Christopher→
Activedirector · ~54y · appointed 2007-08-01
View their other companies + combined net worth →
BURROWS, Maureen Ann→
Resignedsecretary · resigned 2004-12-06
BURROWS, Alan George→
Resigneddirector · ~79y · resigned 2025-01-31
Click a director name to see their full track record across all companies.
Recent filings (92 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-02
termination-director-company-with-name-termination-date
officers · TM01
2025-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
change-person-director-company-with-change-date
officers · CH01
2022-12-07
change-person-director-company-with-change-date
officers · CH01
2022-12-07
change-person-secretary-company-with-change-date
officers · CH03
2022-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-18