AIR LINES AND COMPRESSORS LIMITED
💤Zombieactive
02384328 · ltd · incorporated 1989-05-15
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 Jul 2025
Net worth
£56.6k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 31.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 31.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £56,613
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£57k
↑ 10% YoY
Current Assets
£12k
↑ 27% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £57.1k | £51.9k |
| Current assets | £11.5k | £9.0k |
| Net assets | £56.6k | £51.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (25 events)Click to expand
- 2025-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-18➕HEADSPITH, Christopher Ian appointeddirector
- 2022-10-18➖ROGERS, Philip Leslie resigneddirector
- 2022-10-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-05-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-09-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2010-08-31➖HEADSPITH, Edward resigneddirector
- 2010-07-31➖HEADSPITH, Edward resignedsecretary
- 2007-07-31➖HEADSPITH, Christopher Ian resigneddirector
- 2003-09-20➕HEADSPITH, Christopher Ian appointeddirector
- 1994-10-03🔒Charge registered #2Lender: Tsb Bank PLC
- 1994-10-03🔒Charge registered #1Lender: Tsb Bank PLC
- 1989-05-15🏢Company incorporatedAs AIR LINES AND COMPRESSORS LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
55/100
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.
- secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher Ian Headspith Individual · British · DOB 09/1970 · age 56 | — | — | sig. influencesignificant influence | 18/10/2022 |
Mrs Val Headspith Individual · British · DOB 11/1946 · age 80 | — | — | sig. influencesignificant influence | 08/05/2017 |
1 historic (ceased) PSC
- Mr Philip Leslie Rogersceased 18/10/2022· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · OL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A. HOWARTH LIMITED→ 06045991 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| AB DEVELOPMENT GROUPS LIMITED→ 14888579 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABBEYTHORN ESTATES LTD→ 08926983 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AF TRADINGS ASHTON LTD→ 16282718 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AHE PROPERTY LTD→ 11682425 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AI POWER PROPERTIES LIMITED→ 16010080 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AINSWORTH PROPERTIES LTD→ 13169316 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AIZAN LIMITED→ 16498089 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJ & MH PROPERTIES LTD→ 14346661 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AJ PROPERTIES (NORTH WEST) LIMITED→ 05259640 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AJA PROPERTIES (H) LTD→ 12052854 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AJK PROPERTY VENTURES LIMITED→ 15343817 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1989-05-15
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Mulholland & Co The Old Bakery 3a King Street
Delph
Oldham
OL3 5DL
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18
Officers (1 active · 4 resigned)
HEADSPITH, Christopher Ian→
Activedirector · ~56y · appointed 2022-10-18
View their other companies + combined net worth →
HEADSPITH, Edward→
Resignedsecretary · resigned 2010-07-31
HEADSPITH, Christopher Ian→
Resigneddirector · ~56y · appointed 2003-09-20 · resigned 2007-07-31
HEADSPITH, Edward→
Resigneddirector · ~88y · resigned 2010-08-31
ROGERS, Philip Leslie→
Resigneddirector · ~73y · resigned 2022-10-18
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Tsb Bank PLC | Mortgage debenture | 1 property | 03/10/1994 | — | |
| outstanding | Lloyds Banking Group Tsb Bank PLC | Legal charge | 2 properties | 03/10/1994 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (102 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-18
appoint-person-director-company-with-name-date
officers · AP01
2022-10-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-18
termination-director-company-with-name-termination-date
officers · TM01
2022-10-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11