AEROJETS TRAVEL LTD.
💤Zombieactive
02609594 · ltd · incorporated 1991-05-10
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 Dec 2024
Net worth
£102.9k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
PursueAsset-holding vehicle with a 73-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 73). 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).
🏦
Refinance opportunity
3 live charges · oldest 30.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 30.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £102,948
Key financials
2 years extracted from filed iXBRL accountsCash
£152k
Net Worth
£103k
Current Assets
£154k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £104.0k | — |
| Current assets | £153.9k | — |
| Cash | £151.9k | — |
| Debtors | £1.9k | — |
| Net assets | £102.9k | — |
| Average employees | — | 300 |
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 (26 events)Click to expand
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-01🔓Charge satisfied #3
- 2025-08-01🔓Charge satisfied #2
- 2025-08-01🔓Charge satisfied #1
- 2024-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-08-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2007-06-11🔒Charge registered #3Lender: Barclays Bank PLC
- 1997-02-15🔒Charge registered #2Lender: Barclays Bank PLC
- 1996-01-16🔒Charge registered #1Lender: Barclays Bank PLC
- 1991-05-10🏢Company incorporatedAs AEROJETS TRAVEL LTD.
- 1991-05-10➕KATARIA, Anju Bala appointedsecretary
- 1991-05-10➕KATARIA, Hardip Ramesh appointeddirector
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +No director turnover: Company is 35 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 35 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Hardip Ramesh Kataria Individual · British · DOB 02/1953 · age 73 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mrs Anju Bala Kataria Individual · British · DOB 03/1958 · age 68 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 2J GLOBAL SPORTS LTD→ 15135831 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 4FITT LTD→ 09005541 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A2ZEE LTD→ 14124573 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABSOLUTELY ADORE TRAVEL LTD→ 15461579 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACE ELITE COACHING LTD→ 17070248 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACE FITNESS LTD→ 14303742 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACE PADEL 2 LIMITED→ 16376159 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACE PADEL LIMITED→ 16076264 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFRICA DRIVEN LTD→ 06004670 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AGENTALLIANZ LIMITED→ 15496967 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AIR BEE TRAVEL LTD→ 14103878 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AIRSPACE GALLERY→ 06530431 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
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
Incorporated1991-05-10
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities
Registered office
Willowbrook Old Weston Road
Bishops Wood
Stafford
Staffordshire
ST19 9AG
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-24
Last: 2025-05-10
Officers (2 active · 0 resigned)
KATARIA, Anju Bala→
Activesecretary · appointed 1991-05-10
View their other companies + combined net worth →
KATARIA, Hardip Ramesh→
Activedirector · ~73y · appointed 1991-05-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 11/06/2007 | 01/08/2025 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 15/02/1997 | 01/08/2025 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 16/01/1996 | 01/08/2025 |
Recent filings (94 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-19