AIR BUSINESS LIMITED

🌳Matureactive
01977067 · ltd · incorporated 1986-01-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 38.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Unlicenced Carrier
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 38.5y

70/100
ready

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

  • · Oldest live charge is 38.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (55/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
21 officers (7 active, 21 linked, 19 with DOB)
88
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
170 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
  1. 2026-01-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-01-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-07-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2025-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-03-03
    IONS, Philip John appointed
    director
  7. 2025-03-03
    MAGUIRE, Gina appointed
    director
  8. 2024-06-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2023-07-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2022-06-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2021-07-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2020-11-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-10-27
    NASH, Eleanor appointed
    director
  14. 2020-07-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2019-08-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2019-07-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-07-15
    MCGRANE, Cyril Gerrard appointed
    director
  18. 2019-06-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-05-31
    KNIGHT, Patrick Laurence resigned
    director
  20. 2019-05-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2019-05-13
    🔒
    Charge registered #4
    Lender: Rbs Invoice Finance Limited
  22. 2019-02-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2019-02-21
    QUINN, Damian resigned
    director
  24. 2019-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2019-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2019-01-10
    MCCORMICK, Brian Patrick resigned
    director
  27. 2013-04-12
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  28. 2012-10-10
    🔒
    Charge registered #2
    Lender: Rbs Invoice Finance Limited
  29. 2012-01-01
    KNIGHT, Patrick Laurence appointed
    director
  30. 2011-05-13
    QUINN, Peter appointed
    director
  31. 2011-02-28
    HARRINGTON, Declan resigned
    director
  32. 2007-05-01
    HARRINGTON, Declan appointed
    director
  33. 2007-05-01
    QUINN, Damian appointed
    director
  34. 2007-02-01
    KICKHAM, Derek resigned
    director
  35. 2004-12-20
    NEWCOMBE, Norman resigned
    director
  36. 2004-11-03
    BYRNE, Ronan Patrick resigned
    director
  37. 2004-10-15
    KICKHAM, Derek appointed
    director
  38. 2004-04-08
    ROWLAND, Julian Manfred resigned
    director
  39. 2004-04-07
    ROWLAND, Paul Gabriel resigned
    director
  40. 2004-04-01
    SHERMAN, Adam Peter appointed
    director
  41. 2003-12-23
    HARRIS, Lesley Ann resigned
    director
  42. 2003-12-09
    IONS, Philip John appointed
    secretary
  43. 2003-12-09
    FERNANDES, Donna resigned
    secretary
  44. 2002-07-05
    BYRNE, Ronan Patrick appointed
    director
  45. 2002-07-05
    MCCORMICK, Brian Patrick appointed
    director
  46. 2002-07-05
    NEWCOMBE, Norman appointed
    director
  47. 2001-09-24
    THOMPSON, Derek Peter William resigned
    director
  48. 2000-01-16
    TANKARD, Anthony resigned
    director
  49. 1998-03-24
    HARRIS, Lesley Ann appointed
    director
  50. 1997-08-01
    THOMPSON, Derek Peter William appointed
    director
Showing most recent 50 of 56 events

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
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

Multiple 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.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
An Post
Corporate parent · board control
🏛️
An Post (Ni) Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
AIR BUSINESS LIMITED
This company · 01977067

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

Shareholders & ownership

4 active beneficial owners · dominant holder ≥75% · fragmented
NameSharesVoting rightsNature of controlNotified
An Post (Ni) Ltd
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016
Mr Peter Joseph Quinn
Individual · Irish · DOB 01/1959 · age 67
sig. influencesignificant influence16/01/2026
Mr Adam Peter Sherman
Individual · British · DOB 01/1965 · age 61
sig. influencesignificant influence16/01/2026
An Post
Corporate entity
board controlsig. influenceboard control · significant influence06/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1986-01-14
Jurisdictionengland-wales
Primary SIC53202 — Unlicenced Carrier

Registered office

The Beacon
Mosquito Way
Hatfield
Hertfordshire
AL10 9WN

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-01
Last: 2025-06-17

Officers (7 active · 14 resigned)

IONS, Philip John
secretary · appointed 2003-12-09
View their other companies + combined net worth →
Active
IONS, Philip John
director · ~63y · appointed 2025-03-03
View their other companies + combined net worth →
Active
MAGUIRE, Gina
director · ~58y · appointed 2025-03-03
View their other companies + combined net worth →
Active
MCGRANE, Cyril Gerrard
director · ~64y · appointed 2019-07-15
View their other companies + combined net worth →
Active
NASH, Eleanor
director · ~53y · appointed 2020-10-27
View their other companies + combined net worth →
Active
QUINN, Peter
director · ~67y · appointed 2011-05-13
View their other companies + combined net worth →
Active
SHERMAN, Adam Peter
director · ~61y · appointed 2004-04-01
View their other companies + combined net worth →
Active
FERNANDES, Donna
secretary · resigned 2003-12-09
Resigned
BEAL, Martin Brian
director · ~76y · appointed 1997-01-13 · resigned 1997-02-04
Resigned
BYRNE, Ronan Patrick
director · ~78y · appointed 2002-07-05 · resigned 2004-11-03
Resigned
HARRINGTON, Declan
director · ~64y · appointed 2007-05-01 · resigned 2011-02-28
Resigned
HARRIS, Lesley Ann
director · ~62y · appointed 1998-03-24 · resigned 2003-12-23
Resigned
KICKHAM, Derek
director · ~66y · appointed 2004-10-15 · resigned 2007-02-01
Resigned
KNIGHT, Patrick Laurence
director · ~72y · appointed 2012-01-01 · resigned 2019-05-31
Resigned
MCCORMICK, Brian Patrick
director · ~67y · appointed 2002-07-05 · resigned 2019-01-10
Resigned
NEWCOMBE, Norman
director · ~87y · appointed 2002-07-05 · resigned 2004-12-20
Resigned
QUINN, Damian
director · ~54y · appointed 2007-05-01 · resigned 2019-02-21
Resigned
ROWLAND, Julian Manfred
director · ~76y · resigned 2004-04-08
Resigned
ROWLAND, Paul Gabriel
director · ~80y · resigned 2004-04-07
Resigned
TANKARD, Anthony
director · ~84y · appointed 1997-01-01 · resigned 2000-01-16
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance Limited
A registered charge13/05/2019
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property12/04/2013
outstanding
NatWest Group
Rbs Invoice Finance Limited
Fixed charge on non-vesting debts1 property10/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property10/12/198713/10/1994
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (170 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-16
accounts-with-accounts-type-full
accounts · AA
2025-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
appoint-person-director-company-with-name-date
officers · AP01
2025-03-05
appoint-person-director-company-with-name-date
officers · AP01
2025-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-25
accounts-with-accounts-type-full
accounts · AA
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-full
accounts · AA
2023-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-24
accounts-with-accounts-type-full
accounts · AA
2022-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-03
accounts-with-accounts-type-full
accounts · AA
2021-07-28
appoint-person-director-company-with-name-date
officers · AP01
2020-11-10