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.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£4.2k
book net assets
Opportunity
78/100
Strong
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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 38 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 →

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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
Incorporated1987-12-16
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