AIR TRANSPORT MANAGEMENT LIMITED

💤Zombieactive

03049668 · ltd · incorporated 1995-04-25

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 Mar 2025

Net worth

£-1.3k

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: SIC 51101

Sector: Transportation & storage

ALSO REGISTERED FOR

51102SIC 51102
52230SIC 52230
52242SIC 52242

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

76 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £1,251

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£1k

↓ 381% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-03-31	2024-03-31
Total assets	£-1.3k	£-260
Current assets	—	£329
Net assets	£-1.3k	£-260

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-12-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-02-14
📄
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2018-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-01-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-05-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-05-12
📄
accounts-amended-with-accounts-type-total-exemption-small
accounts · AAMD
2015-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2015-04-29
📄
accounts-amended-with-accounts-type-total-exemption-small
accounts · AAMD
2015-04-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
1995-04-25
🏢
Company incorporated
As AIR TRANSPORT MANAGEMENT LIMITED
1995-04-25
➕
HOUGHAM, Lesley Jean appointed
secretary
1995-04-25
➕
HOUGHAM, Neil appointed
director
1995-04-25
➕
SEVERNSIDE SECRETARIAL LIMITED appointed
corporate-nominee-secretary
1995-04-25
➖
SEVERNSIDE SECRETARIAL LIMITED resigned
corporate-nominee-secretary
1995-04-25
➕
SEVERNSIDE NOMINEES LIMITED appointed
corporate-nominee-director
1995-04-25
➖
SEVERNSIDE NOMINEES LIMITED resigned
corporate-nominee-director

Owner dependency

100/100

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.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

100/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 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 31 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-09

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Neil Hougham Individual · British · DOB 09/1954 · age 72	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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

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ADDERLEY FREIGHT MANAGEMENT LTD→ 17003532 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ADVANCED DISTRIBUTION LOGISTICS LIMITED→ 07536101 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
AFRICA GLOBAL LOGISTICS UK LIMITED→ 03000568 · est 1994 · no financials extracted	—	—	—	—	31y	—	—
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AGEO TRANS LTD→ 11164798 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
AGRICART LIMITED→ 06181604 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
AIRIDAS CO LTD→ 12658892 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated1995-04-25

Jurisdictionengland-wales

Primary SIC51101 — SIC 51101

Registered office

John Phillips & Co Ltd 81 Centaur Court Claydon Business Park

Great Blakenham

Ipswich

Suffolk

IP6 0NL

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-09OVERDUE

Last: 2025-04-25

Officers (2 active · 2 resigned)

HOUGHAM, Lesley Jean→

secretary · appointed 1995-04-25

View their other companies + combined net worth →

Active

HOUGHAM, Neil→

director · ~72y · appointed 1995-04-25

View their other companies + combined net worth →

Active

SEVERNSIDE SECRETARIAL LIMITED→

corporate-nominee-secretary · appointed 1995-04-25 · resigned 1995-04-25

Resigned

SEVERNSIDE NOMINEES LIMITED→

corporate-nominee-director · appointed 1995-04-25 · resigned 1995-04-25

Resigned

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