AIRGONOMICS LIMITED

💤Zombieactive
02741375 · ltd · incorporated 1992-08-20
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 Sept 2025
Net worth
£177.1k
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 28220
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -77% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
10 officers (2 active, 10 linked, 4 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
90 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 · accounting standard not declared
Positive net assets
Net assets £177,081
Cash draining
Cash down 77% YoY
Cash YoY
-77%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£18k
↓ 77% YoY
Net Worth
£177k
↑ 28% YoY
Current Assets
£206k
↑ 35% YoY
Current Liabilities
£0£41k£82k£124k£165k£206kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£199.3k£167.0k
Current assets£206.0k£152.1k
Cash£17.9k£77.2k
Debtors£181.9k£27.3k
Net assets£177.1k£138.0k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-03-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-01-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-08-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-12-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-08-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2013-12-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-12-01
    MARTIN, Catherine Elizabeth appointed
    secretary
  17. 2011-12-01
    MARTIN, Stephen Robert appointed
    director
  18. 2011-12-01
    ELLIS, Jean Lilian resigned
    secretary
  19. 2011-12-01
    ELLIS, Jean Lilian resigned
    director
  20. 2011-12-01
    ELLIS, John Henry resigned
    director
  21. 1999-11-16
    ELLIS, Jean Lilian appointed
    director
  22. 1999-06-24
    ELLIS, Jean Lilian appointed
    secretary
  23. 1999-06-24
    ELLIS, John Henry resigned
    secretary
  24. 1999-06-24
    FINCH, Albert James resigned
    director
  25. 1993-04-03
    ELLIS, John Henry appointed
    secretary
  26. 1993-04-03
    FINCH, Sandra resigned
    secretary
  27. 1993-04-03
    ELLIS, John Henry appointed
    director
  28. 1992-08-20
    🏢
    Company incorporated
    As AIRGONOMICS LIMITED
  29. 1992-08-20
    FINCH, Sandra appointed
    secretary
  30. 1992-08-20
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  31. 1992-08-20
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  32. 1992-08-20
    FINCH, Albert James appointed
    director
  33. 1992-08-20
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  34. 1992-08-20
    LONDON LAW SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 34 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

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
NameSharesVoting rightsNature of controlNotified
Mr Stephen Robert Martin
Individual · British · DOB 03/1968 · age 58
5075%
50-75% shares20/08/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · TF postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.C.E CONSTRUCTION (SHROPSHIRE) LTD
10924348 · est 2017 · no financials extracted
8y
ACB FM SOLUTIONS LTD
16087689 · est 2024 · no financials extracted
1y
ACCELLERON UK LTD
13538108 · est 2021 · no financials extracted
4y
ACE METALFABS LIMITED
14275965 · est 2022 · no financials extracted
3y
ACEON BATTERY SOLAR TECHNOLOGY LTD
07301471 · est 2010 · no financials extracted
15y
ADW REFRIGERATION LTD
17006463 · est 2026 · no financials extracted
AGS ALUMINIUM GLASS SYSTEMS LIMITED
10272062 · est 2016 · no financials extracted
9y
AIRMEC DESIGN LIMITED
04139640 · est 2001 · no financials extracted
25y
ALALEA LTD
11698638 · est 2018 · no financials extracted
7y
ALC TELFORD LTD
13752903 · est 2021 · no financials extracted
4y
ALL ENGRAVING LIMITED
16409350 · est 2025 · no financials extracted
ALL GLASS SYSTEMS LIMITED
01812853 · est 1984 · no financials extracted
41y
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
Incorporated1992-08-20
Jurisdictionengland-wales
Primary SIC28220 — SIC 28220

Registered office

Unit 17
Stafford Park 17
Telford
Shropshire
TF3 3DN

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20

Officers (2 active · 8 resigned)

MARTIN, Catherine Elizabeth
secretary · appointed 2011-12-01
View their other companies + combined net worth →
Active
MARTIN, Stephen Robert
director · ~58y · appointed 2011-12-01
View their other companies + combined net worth →
Active
ELLIS, Jean Lilian
secretary · appointed 1999-06-24 · resigned 2011-12-01
Resigned
ELLIS, John Henry
secretary · appointed 1993-04-03 · resigned 1999-06-24
Resigned
FINCH, Sandra
secretary · appointed 1992-08-20 · resigned 1993-04-03
Resigned
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 1992-08-20 · resigned 1992-08-20
Resigned
ELLIS, Jean Lilian
director · ~73y · appointed 1999-11-16 · resigned 2011-12-01
Resigned
ELLIS, John Henry
director · ~77y · appointed 1993-04-03 · resigned 2011-12-01
Resigned
FINCH, Albert James
director · ~92y · appointed 1992-08-20 · resigned 1999-06-24
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 1992-08-20 · resigned 1992-08-20
Resigned

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

Recent filings (90 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-22