AIRPORT TRAVEL LIMITED

💤Zombieactive
02139382 · ltd · incorporated 1987-06-10
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
£2.1k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 37.3y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 37.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,057
Net assets shrinking
Down £905 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↓ 31% YoY
Current Assets
£3k
~ YoY
Current Liabilities
£0£691£1k£2k£3k£3kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£2.1k£3.0k
Current assets£3.4k£3.5k
Cash£533
Debtors£3.4k£2.9k
Net assets£2.1k£3.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-06-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-06-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-01-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-01-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-01-04
    HAYER, Lakhbir Mark Singh appointed
    director
  10. 2024-01-03
    HAYER, Mohinder Kaur resigned
    director
  11. 2024-01-03
    HAYER, Surjit Singh resigned
    director
  12. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-09-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-05-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-03-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2018-12-31
    HAYER, Lakhbir Mark Singh resigned
    director
  20. 2018-08-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2018-08-14
    🔒
    Charge registered #6
    Lender: Barclays Security Trustee Limited
  22. 2018-03-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  23. 2009-11-16
    HAYER, Lakhbir Mark Singh appointed
    director
  24. 2007-03-13
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  25. 2007-01-17
    🔓
    Charge satisfied #4
  26. 2007-01-17
    🔓
    Charge satisfied #3
  27. 2007-01-17
    🔓
    Charge satisfied #2
  28. 2002-08-15
    🔒
    Charge registered #4
    Lender: Yorkshire Bank PLC
  29. 1995-05-25
    🔒
    Charge registered #3
    Lender: Yorkshire Bank PLC
  30. 1993-07-09
    🔒
    Charge registered #2
    Lender: Yorkshire Bank PLC
  31. 1989-02-20
    🔒
    Charge registered #1
    Lender: Yorkshire Bank PLC
  32. 1987-06-10
    🏢
    Company incorporated
    As AIRPORT TRAVEL LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Lakhbir Mark Singh Hayer
Individual · British · DOB 10/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/05/2025
2 historic (ceased) PSCs
  • Mr Surjit Singh Hayerceased 13/05/2025· 25-50% shares · 25-50% voting
  • Mrs Mohinder Kaur Hayerceased 13/05/2025· 25-50% shares · 25-50% voting

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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05606542 · est 2005 · no financials extracted
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16068132 · est 2024 · no financials extracted
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15485933 · est 2024 · no financials extracted
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12311570 · est 2019 · no financials extracted
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15552938 · est 2024 · no financials extracted
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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

Statusactive
Typeltd
Incorporated1987-06-10
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities

Registered office

Unit 7, The Cloisters 12 George Road
Edgbaston
Birmingham
West Midlands
B15 1NP
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05

Officers (2 active · 3 resigned)

HAYER, Mohinder Kaur
secretary
View their other companies + combined net worth →
Active
HAYER, Lakhbir Mark Singh
director · ~46y · appointed 2024-01-04
View their other companies + combined net worth →
Active
HAYER, Lakhbir Mark Singh
director · ~46y · appointed 2009-11-16 · resigned 2018-12-31
Resigned
HAYER, Mohinder Kaur
director · ~72y · resigned 2024-01-03
Resigned
HAYER, Surjit Singh
director · ~70y · resigned 2024-01-03
Resigned

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

Mortgages & charges

6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge14/08/2018
outstanding
Barclays
Barclays Bank PLC
Deed of charge over credit balances1 property13/03/2007
satisfied
Virgin Money
Yorkshire Bank PLC
Charge over a deposit1 property15/08/200217/01/2007
satisfied
Virgin Money
Yorkshire Bank PLC
Deed of charge1 property25/05/199517/01/2007
satisfied
Virgin Money
Yorkshire Bank PLC
Debenture1 property09/07/199317/01/2007
outstanding
Virgin Money
Yorkshire Bank PLC
Legal charge1 property20/02/1989
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (110 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
appoint-person-director-company-with-name-date
officers · AP01
2024-01-13
termination-director-company-with-name-termination-date
officers · TM01
2024-01-13
termination-director-company-with-name-termination-date
officers · TM01
2024-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-24