AD AEROSPACE LIMITED
🌳Matureactive
03034197 · ltd · incorporated 1995-03-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Security systems service activities
Sector: Administrative & support services
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 14.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
18 officers (5 active, 18 linked, 13 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
140 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover 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 | 1300 | 1200 |
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
4
filings
- • 2 capital
- • 1 confirmation-statement
- • 1 resolution
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
- 2026-01-19📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2026-01-19📄capital-name-of-class-of-sharescapital · SH08
- 2026-01-19📄resolutionresolution · RESOLUTIONS
- 2025-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2025-10-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-19➖MERRETT, Adam Michael resigneddirector
- 2024-12-17📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-10➖MANAHAN, Andrew resigneddirector
- 2023-12-14📄accounts-with-accounts-type-smallaccounts · AA
- 2023-03-15📄accounts-with-accounts-type-smallaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-smallaccounts · AA
- 2020-12-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2020-12-15📄gazette-notice-compulsorygazette · GAZ1
- 2020-09-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-06-03➕MOXON, Sarah appointeddirector
- 2020-06-03➕MERRETT, Adam Michael appointeddirector
- 2020-03-19📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2019-11-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-11-06🔓Charge satisfied #2
- 2018-05-29🔓Charge satisfied #3
- 2018-05-29🔓Charge satisfied #1
- 2018-05-11➖NEWTON, Michael James resigneddirector
- 2018-03-14➕COWBURN, John Heatley appointeddirector
- 2018-03-14➕VELLA, Jason appointeddirector
- 2017-03-07➕EINOLLAHI, Sara Nahid appointeddirector
- 2016-05-18➕EINOLLAHI, Maghsoud appointeddirector
- 2016-05-03➕MANAHAN, Andrew appointeddirector
- 2016-05-03➖NORSTROM, Pauline Anne resigneddirector
- 2016-04-17➖DOROSZKIEWICZ, Helen Pamela resignedsecretary
- 2016-04-17➖PETRIE, Nigel Fredrick Thomas Hugh resigneddirector
- 2016-03-24🔒Charge registered #3Lender: Aghoco 1389 Limited
- 2016-01-13➕NORSTROM, Pauline Anne appointeddirector
- 2012-09-12➖HORNE, Michael Andrew resigneddirector
- 2011-10-18🔒Charge registered #2Lender: Barclays Bank PLC
- 2011-10-18🔒Charge registered #1Lender: Michael James Newton
- 2010-01-20➕PETRIE, Nigel Fredrick Thomas Hugh appointeddirector
- 2004-02-23➕DOROSZKIEWICZ, Helen Pamela appointedsecretary
- 2004-02-23➖NEWTON, Michael James resignedsecretary
- 1999-02-01➕NEWTON, Michael James appointedsecretary
- 1999-02-01➖SPROTT, David resignedsecretary
- 1999-02-01➖SPROTT, David resigneddirector
- 1998-04-24➕HORNE, Michael Andrew appointeddirector
- 1997-12-18➖DUSARA, Paresh Devchand resigneddirector
- 1997-01-13➕DUSARA, Paresh Devchand appointeddirector
- 1995-03-21➕SPROTT, David appointedsecretary
- 1995-03-21➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
Showing most recent 50 of 56 events
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
75/100
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.
- secondaryStable-but-static management: Company is 31 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.
Group structure
Mythra Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mythra Limited
Corporate parent · holds 75-100% shares
⬇
AD AEROSPACE LIMITED
This company · 03034197
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 |
|---|---|---|---|---|
Mythra Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 02/10/2017 |
2 historic (ceased) PSCs
- Mr Michael James Newtonceased 11/05/2018· 25-50% shares · 25-50% voting
- Netvu Holdings Limitedceased 02/10/2017· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
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 · Trade services · SK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A E THOMAS & CO LIMITED→ 14971235 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A G FUNERAL SERVICES LIMITED→ 13292015 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ACE CARD PAYMENTS LIMITED→ 13127227 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ACP FACILITIES MANAGEMENT LIMITED→ 16329523 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACS SUPPORT LIMITED→ 14615956 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACSCO SERVICES LIMITED→ 10546116 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ACTIVE BUILDERS LIMITED→ 06631656 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ADLINGTON GOLF CENTRE LIMITED→ 03543616 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| ADMINO LTD→ 16712721 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADO EIENDOM 80 LTD→ 07664228 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADROITMINDS LIMITED→ 11703892 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADSARO CONSULTING LIMITED→ 15141525 · 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
Incorporated1995-03-16
Jurisdictionengland-wales
Primary SIC80200 — Security systems service activities
Registered office
Electra House Pepper Road
Hazel Grove
Stockport
SK7 5BW
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16
Officers (5 active · 13 resigned)
COWBURN, John Heatley→
Activedirector · ~72y · appointed 2018-03-14
View their other companies + combined net worth →
EINOLLAHI, Maghsoud→
Activedirector · ~73y · appointed 2016-05-18
View their other companies + combined net worth →
EINOLLAHI, Sara Nahid→
Activedirector · ~45y · appointed 2017-03-07
View their other companies + combined net worth →
MOXON, Sarah→
Activedirector · ~40y · appointed 2020-06-03
View their other companies + combined net worth →
VELLA, Jason→
Activedirector · ~55y · appointed 2018-03-14
View their other companies + combined net worth →
DOROSZKIEWICZ, Helen Pamela→
Resignedsecretary · appointed 2004-02-23 · resigned 2016-04-17
NEWTON, Michael James→
Resignedsecretary · appointed 1999-02-01 · resigned 2004-02-23
SPROTT, David→
Resignedsecretary · appointed 1995-03-21 · resigned 1999-02-01
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-03-16 · resigned 1995-03-21
DUSARA, Paresh Devchand→
Resigneddirector · ~67y · appointed 1997-01-13 · resigned 1997-12-18
HORNE, Michael Andrew→
Resigneddirector · ~67y · appointed 1998-04-24 · resigned 2012-09-12
MANAHAN, Andrew→
Resigneddirector · ~63y · appointed 2016-05-03 · resigned 2024-05-10
MERRETT, Adam Michael→
Resigneddirector · ~42y · appointed 2020-06-03 · resigned 2025-10-19
NEWTON, Michael James→
Resigneddirector · ~66y · appointed 1995-03-21 · resigned 2018-05-11
NORSTROM, Pauline Anne→
Resigneddirector · ~60y · appointed 2016-01-13 · resigned 2016-05-03
PETRIE, Nigel Fredrick Thomas Hugh→
Resigneddirector · ~80y · appointed 2010-01-20 · resigned 2016-04-17
SPROTT, David→
Resigneddirector · ~71y · appointed 1995-03-21 · resigned 1999-02-01
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1995-03-16 · resigned 1995-03-21
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 | Aghoco 1389 Aghoco 1389 Limited | A registered charge | 1 property | 24/03/2016 | 29/05/2018 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 18/10/2011 | 06/11/2019 | |
| satisfied | Michael James Newton | Guarantee & debenture | 1 property | 18/10/2011 | 29/05/2018 |
Recent filings (140 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-13
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-01-19
capital-name-of-class-of-shares
capital · SH08
2026-01-19
resolution
resolution · RESOLUTIONS
2026-01-19
accounts-with-accounts-type-small
accounts · AA
2025-12-20
termination-director-company-with-name-termination-date
officers · TM01
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-small
accounts · AA
2024-12-17
termination-director-company-with-name-termination-date
officers · TM01
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-19
accounts-with-accounts-type-small
accounts · AA
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-04
accounts-with-accounts-type-small
accounts · AA
2023-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-20
accounts-with-accounts-type-small
accounts · AA
2021-12-23