AIR BEARINGS LIMITED

📉Decliningactive
02788050 · ltd · incorporated 1993-02-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
£9.42M
year to Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
46 officers (5 active, 46 linked, 39 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
200 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
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 102
Loss-making
Loss before tax £982,070
Revenue decline
Turnover down 30% YoY
Slipped into loss
Moved from profit to loss this year
Turnover YoY
-30%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Turnover£9.42M£13.41M
Gross profit£898.1k£2.92M
Operating profit£-996.7k£1.11M
Profit before tax£-982.1k£1.13M
Average employees90009900

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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
2
filings
  • 2 officers
Last 180 days
5
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (108 events)Click to expand
  1. 2026-04-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-04-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-04-01
    THANASSOULAS, Justyna Beata appointed
    director
  4. 2026-03-31
    LLINAS, Miguel Mas resigned
    director
  5. 2026-02-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2026-02-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2025-08-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2025-07-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-07-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-07-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-07-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-06-18
    INOMATA, Tetsuya appointed
    director
  13. 2025-06-18
    KANO, Hisayoshi appointed
    director
  14. 2025-06-18
    WATANABE, Takeshi resigned
    director
  15. 2024-08-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2024-02-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-12-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2023-12-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2023-12-01
    KANO, Hisayoshi resigned
    director
  20. 2023-12-01
    WATANABE, Takeshi appointed
    director
  21. 2023-10-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2023-10-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2023-09-01
    HAYASHI, Takehiko resigned
    director
  24. 2023-09-01
    KANO, Hisayoshi appointed
    director
  25. 2023-04-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  26. 2023-04-30
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  27. 2023-03-16
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  28. 2023-03-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  29. 2022-07-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  30. 2019-12-01
    HAYASHI, Takehiko appointed
    director
  31. 2019-12-01
    KUMAKURA, Kenta resigned
    director
  32. 2019-09-01
    KUMAKURA, Kenta appointed
    director
  33. 2019-04-23
    TAMAMURA, Yoichi resigned
    director
  34. 2019-02-01
    TAMAMURA, Yoichi appointed
    director
  35. 2018-06-01
    SUZUKI, Nobuhiko appointed
    director
  36. 2018-06-01
    UKAWA, Hiroshi resigned
    director
  37. 2018-03-31
    KAWAMOTO, Takeshi resigned
    director
  38. 2017-04-20
    SHIMIZU, Hideaki appointed
    director
  39. 2017-04-20
    MATSUOKA, Noboru resigned
    director
  40. 2017-04-20
    UKAWA, Hiroshi appointed
    director
  41. 2017-04-20
    YAMAMOTO, Masakazu resigned
    director
  42. 2015-12-15
    CLARKE, Susan Mary resigned
    secretary
  43. 2015-08-01
    MATSUOKA, Noboru appointed
    director
  44. 2015-08-01
    SUGIE, Kiyotaka, Mr. resigned
    director
  45. 2015-04-01
    LLINAS, Miguel Mas appointed
    director
  46. 2015-04-01
    SMITH, Jevan Miles, Mr. resigned
    director
  47. 2014-12-01
    KAWAMOTO, Takeshi appointed
    director
  48. 2014-11-30
    KONDO, Naotaka, Mr. resigned
    director
  49. 2014-03-31
    HUGHES, Stuart John resigned
    director
  50. 2013-11-14
    CLARKE, Susan Mary appointed
    secretary
Showing most recent 50 of 108 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Amada Co Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Amada Co Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
AIR BEARINGS LIMITED
This company · 02788050

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Amada Co Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/07/2025
2 historic (ceased) PSCs
  • Mr Taisuke Sasanumaceased 30/06/2025· significant influence
  • Lvm Gp Ltdceased 09/02/2023· 75-100% shares · 75-100% voting

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1993-02-09
Jurisdictionengland-wales
Primary SIC25620 — Machining

Registered office

Unit A, Nimrod Way
East Dorset Trade Park
Ferndown
Dorset
BH21 7HZ
England

Filing status

Accounts
Next due: 2026-12-29
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09

Officers (5 active · 41 resigned)

INOMATA, Tetsuya
director · ~54y · appointed 2025-06-18
View their other companies + combined net worth →
Active
KANO, Hisayoshi
director · ~62y · appointed 2025-06-18
View their other companies + combined net worth →
Active
SHIMIZU, Hideaki
director · ~66y · appointed 2017-04-20
View their other companies + combined net worth →
Active
SUZUKI, Nobuhiko
director · ~59y · appointed 2018-06-01
View their other companies + combined net worth →
Active
THANASSOULAS, Justyna Beata
director · ~43y · appointed 2026-04-01
View their other companies + combined net worth →
Active
ANDERSON, Iain Stuart, Mr.
secretary · appointed 2011-06-17 · resigned 2013-05-03
Resigned
CLARKE, Susan Mary
secretary · appointed 2013-11-14 · resigned 2015-12-15
Resigned
HENOCQ, Kelvin John
secretary · appointed 1992-02-09 · resigned 2007-02-05
Resigned
JANES, Wendy Vivienne
secretary · appointed 2007-02-05 · resigned 2011-06-17
Resigned
TOBITT, Nigel Derek Charles
secretary · appointed 2013-05-23 · resigned 2013-07-18
Resigned
CHETTLEBURGH INTERNATIONAL LIMITED
corporate-nominee-secretary · appointed 1993-02-09 · resigned 1993-02-09
Resigned
ARAI, Kunio
director · ~84y · appointed 1995-05-10 · resigned 1997-01-17
Resigned
COULLING, John Leslie
director · ~80y · appointed 1993-02-09 · resigned 1997-01-17
Resigned
EASLEY, David
director · ~84y · appointed 1993-07-06 · resigned 1994-10-21
Resigned
EASLEY, David
director · ~84y · appointed 1993-02-09 · resigned 1994-10-21
Resigned
HAYASHI, Takehiko
director · ~64y · appointed 2019-12-01 · resigned 2023-09-01
Resigned
HAYASHI, Yoshiatsu
director · ~72y · appointed 2009-06-22 · resigned 2013-11-02
Resigned
HENOCQ, Kelvin John
director · ~77y · appointed 1993-02-09 · resigned 2011-06-28
Resigned
HENOCQ, Ronald George
director · ~101y · appointed 1993-07-06 · resigned 2006-12-13
Resigned
HUGHES, Stuart John
director · ~60y · appointed 2007-02-05 · resigned 2014-03-31
Resigned

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

Recent filings (200 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-04-17
termination-director-company-with-name-termination-date
officers · TM01
2026-04-17
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-13
accounts-with-accounts-type-full
accounts · AA
2025-08-21
change-person-director-company-with-change-date
officers · CH01
2025-07-31
appoint-person-director-company-with-name-date
officers · AP01
2025-07-31
appoint-person-director-company-with-name-date
officers · AP01
2025-07-30
termination-director-company-with-name-termination-date
officers · TM01
2025-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-full
accounts · AA
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
appoint-person-director-company-with-name-date
officers · AP01
2024-02-09
accounts-with-accounts-type-full
accounts · AA
2023-12-18