AIRCRAFT GROUND EQUIPMENT SUPPLY LIMITED

💤Zombieactive
02206085 · ltd · incorporated 1987-12-16
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£4.2k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 72). 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 (73/100).

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, 1 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
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £4,213

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£4k
↑ 579% YoY
Current Assets
£52k
↓ 2.6% YoY
Current Liabilities
-£880£10k£21k£32k£43k£54kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£34.2k£29.1k
Current assets£52.3k£53.7k
Net assets£4.2k£-880

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 (19 events)Click to expand
  1. 2025-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-07-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2017-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-07-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-07-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2016-01-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-01-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-04-30
    PORTER, Linda Stella resigned
    secretary
  18. 2012-04-30
    PORTER, Linda Stella resigned
    director
  19. 1987-12-16
    🏢
    Company incorporated
    As AIRCRAFT GROUND EQUIPMENT SUPPLY LIMITED

Owner dependency

90/100
Critical — business is the founder

The 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.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

85/100
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 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Timothy James Porter
Individual · British · DOB 03/1954 · age 72
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

Similar companies

Active · Manufacturing · TA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEADMASTER LIMITED
02961303 · est 1994 · no financials extracted
31y
BK DORSET LIMITED
11703181 · est 2018 · no financials extracted
7y
BLOSSOM EMBROIDERY LIMITED
05794954 · est 2006 · no financials extracted
19y
BOLTSOFT SOLUTIONS LTD
11528188 · est 2018 · no financials extracted
7y
BONSOIR OF LONDON LIMITED
02958778 · est 1994 · no financials extracted
31y
BOUGH HOUSE LIMITED
10286021 · est 2016 · no financials extracted
9y
BOWEN'S LIP FIX LTD
17026860 · est 2026 · no financials extracted
BRADLEY THE BLACKSMITH LIMITED
14371140 · est 2022 · no financials extracted
3y
BRAMBLE & CO. (SW) LIMITED
04658548 · est 2003 · no financials extracted
23y
BRENT ENGINEERING COMPANY LIMITED
06409913 · est 2007 · no financials extracted
18y
BRIAN HOBBS & SONS LIMITED
09446031 · est 2015 · no financials extracted
11y
BRICK LIVING AND DINING LIMITED
12360039 · est 2019 · no financials extracted
6y
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
Incorporated1987-12-16
Jurisdictionengland-wales
Primary SIC28990 — SIC 28990

Registered office

Rubis House
15 Friarn Street
Bridgwater
Somerset
TA6 3LH

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-07-05
Last: 2025-06-21

Officers (1 active · 2 resigned)

PORTER, Timothy James
director · ~72y
View their other companies + combined net worth →
Active
PORTER, Linda Stella
secretary · resigned 2013-04-30
Resigned
PORTER, Linda Stella
director · ~71y · resigned 2012-04-30
Resigned

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

Recent filings (97 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2019-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-13