AIRWAY SOLUTIONS LIMITED

🌳Matureactive
03103799 · ltd · incorporated 1995-09-19
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 Jan 2025
Net worth
£1.02M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 20.9y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,023,677
Cash YoY
-20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.4m
↓ 20% YoY
Net Worth
£1.0m
↑ 8.3% YoY
Current Assets
£2.1m
↓ 14% YoY
Current Liabilities
—
£0£485k£969k£1.5m£1.9m£2.4mJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£1.04M£961.8k
Current assets£2.09M£2.42M
Cash£1.43M£1.79M
Debtors£636.9k£622.2k
Net assets£1.02M£945.0k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2022-07-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-07-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-07-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2022-07-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2022-07-18
    ➕
    BEARSLEY, Lisa appointed
    director
  15. 2022-07-18
    ➕
    DARBYSHIRE, Lee appointed
    director
  16. 2022-07-18
    ➖
    SHENNAN, Gill resigned
    secretary
  17. 2022-07-18
    ➖
    SHENNAN, Graham John resigned
    director
  18. 2022-07-18
    🔒
    Charge registered #3
    Lender: Graham John Shennan and Gillian Margaret Shennan
  19. 2022-02-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2022-02-04
    🔓
    Charge satisfied #2
  21. 2021-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2020-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2016-08-22
    ➖
    BEARSLEY, Lisa resigned
    secretary
  26. 2016-08-22
    ➕
    SHENNAN, Gill appointed
    secretary
  27. 2008-01-31
    ➕
    BEARSLEY, Lisa appointed
    secretary
  28. 2008-01-31
    ➖
    SHENNAN, Gillian Margaret resigned
    secretary
  29. 2007-02-19
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  30. 2005-08-30
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  31. 1995-09-20
    ➕
    SHENNAN, Gillian Margaret appointed
    secretary
  32. 1995-09-20
    ➖
    BRITANNIA COMPANY FORMATIONS LIMITED resigned
    corporate-nominee-secretary
  33. 1995-09-20
    ➕
    SHENNAN, Graham John appointed
    director
  34. 1995-09-20
    ➖
    DEANSGATE COMPANY FORMATIONS LIMITED resigned
    corporate-nominee-director
  35. 1995-09-19
    🏢
    Company incorporated
    As AIRWAY SOLUTIONS LIMITED
  36. 1995-09-19
    ➕
    BRITANNIA COMPANY FORMATIONS LIMITED appointed
    corporate-nominee-secretary
  37. 1995-09-19
    ➕
    DEANSGATE COMPANY FORMATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

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

Group structure

Leesa Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Leesa Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
AIRWAY SOLUTIONS LIMITED
This company · 03103799

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
Leesa Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control18/07/2022
1 historic (ceased) PSC
  • Mr Graham John Shennanceased 18/07/2022· 75-100% shares · significant influence

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 →

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

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 →
🔒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
Incorporated1995-09-19
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

Unit 8, Woodway Court
Thursby Road
Bromborough
Wirral
CH62 3PR
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26

Officers (2 active · 6 resigned)

BEARSLEY, Lisa→
director · ~47y · appointed 2022-07-18
View their other companies + combined net worth →
Active
DARBYSHIRE, Lee→
director · ~45y · appointed 2022-07-18
View their other companies + combined net worth →
Active
BEARSLEY, Lisa→
secretary · appointed 2008-01-31 · resigned 2016-08-22
Resigned
SHENNAN, Gill→
secretary · appointed 2016-08-22 · resigned 2022-07-18
Resigned
SHENNAN, Gillian Margaret→
secretary · appointed 1995-09-20 · resigned 2008-01-31
Resigned
BRITANNIA COMPANY FORMATIONS LIMITED→
corporate-nominee-secretary · appointed 1995-09-19 · resigned 1995-09-20
Resigned
SHENNAN, Graham John→
director · ~70y · appointed 1995-09-20 · resigned 2022-07-18
Resigned
DEANSGATE COMPANY FORMATIONS LIMITED→
corporate-nominee-director · appointed 1995-09-19 · resigned 1995-09-20
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Graham John Shennan and Gillian Margaret Shennan
A registered charge—18/07/2022—
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property19/02/200704/02/2022
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property30/08/2005—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
change-person-director-company-with-change-date
officers · CH01
2025-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
change-person-director-company-with-change-date
officers · CH01
2024-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-07-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-26
appoint-person-director-company-with-name-date
officers · AP01
2022-07-26
appoint-person-director-company-with-name-date
officers · AP01
2022-07-26
termination-director-company-with-name-termination-date
officers · TM01
2022-07-26