AIRBENCH LTD
- · Oldest live charge 32.6y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 32.6y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 32.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Average employees | 2400 | 2400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 5 officers
- • 1 accounts
- • 1 resolution
Corporate timeline (40 events)Click to expand
- 2026-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-16📄resolutionresolution · RESOLUTIONS
- 2026-03-16📄memorandum-articlesincorporation · MA
- 2026-03-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-02➕JOHANSSON, Carl Henrik appointeddirector
- 2026-03-02➕PRINCE, Michael James appointeddirector
- 2026-03-02➕WALLIN, Verner Christoffer appointeddirector
- 2026-03-02➖BISHOP, Diane resignedsecretary
- 2026-03-02➖BISHOP, Diane resigneddirector
- 2025-07-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-06-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-08➖COOK, John resigneddirector
- 2024-02-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-22➕BISHOP, Diane appointedsecretary
- 2019-11-22➖COOK, Ann resignedsecretary
- 2014-10-01➕BISHOP, Diane appointeddirector
- 2011-02-01🔓Charge satisfied #1
- 2007-04-11➕COOK, Simon John appointeddirector
- 1993-11-22🔒Charge registered #1Lender: National Westminster Bank PLC
- 1993-09-02➕COOK, Ann appointedsecretary
- 1993-09-02➖SPENCER COMPANY FORMATIONS LIMITED resignedcorporate-nominee-secretary
- 1993-09-02➕COOK, John appointeddirector
- 1993-09-02➖SPENCER COMPANY FORMATIONS (DELAWARE) INC resignedcorporate-nominee-director
- 1993-09-02➖SPENCER COMPANY FORMATIONS LIMITED resignedcorporate-nominee-director
- 1993-09-01🏢Company incorporatedAs AIRBENCH LTD
- 1993-09-01➕SPENCER COMPANY FORMATIONS LIMITED appointedcorporate-nominee-secretary
- 1993-09-01➕SPENCER COMPANY FORMATIONS (DELAWARE) INC appointedcorporate-nominee-director
- 1993-09-01➕SPENCER COMPANY FORMATIONS LIMITED appointedcorporate-nominee-director
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondary12+ year tenure: Director in role 19 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BISHOP, Diane resigned 2026-03-02; BISHOP, Diane resigned 2026-03-02
Group structure
Workpoint Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Workpoint Holdings Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Manufacturing · CO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AERO RENTALS LTD→ 10609887 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ALYMAIN ENTERPRISES LIMITED→ 15766106 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMOBOX LTD→ 11885539 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ANGLIAN TIMBER LIMITED→ 02229092 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| AOB-CUSTOM KICKS LIMITED→ 14256716 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| APC COMMUNICATIONS SOLUTIONS LTD→ 09473803 · est 2015 | — | — | — | 9 | 11y | — | — |
| AQUASEI LTD→ 15950913 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARCHER CARPENTRY & RENOVATIONS LTD→ 14279709 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARCHITECTURAL STEEL FABRICATIONS LTD→ 07683988 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ARMSTRONG INK LIMITED→ 10200714 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AROMATHERAPET LTD→ 16408114 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARV SERVICES LTD→ 10100203 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
6 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 →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
Registered office
Filing status
Officers (4 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 22/11/1993 | 01/02/2011 |