AIRBORNE COMPOSITES LTD

💤Zombieactive
03141381 · ltd · incorporated 1995-12-27
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 Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 28990
Sector: Manufacturing
ALSO REGISTERED FOR
  • 30300SIC 30300
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 23.2y

30/100
under pressure

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

  • · Oldest live charge is 23.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees433800

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-05-30
    SUMMERS, Joseph Alexander resigned
    director
  3. 2025-05-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-04-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-12-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-12-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2022-02-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2020-06-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2019-05-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2018-12-06
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2018-09-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2018-09-27
    🔓
    Charge satisfied #2
  13. 2018-07-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2017-12-29
    FLEMING, Angus Macquarrie resigned
    director
  15. 2017-12-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2017-12-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2017-10-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2017-09-14
    FLEMING, Angus Macquarrie appointed
    director
  19. 2017-09-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2017-08-31
    FLEMING, Angus Macquarrie resigned
    director
  21. 2017-08-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2017-08-30
    SUMMERS, Joseph Alexander appointed
    director
  23. 2016-01-07
    🔓
    Charge satisfied #1
  24. 2015-12-21
    MOURIK, Arno Van appointed
    director
  25. 2015-12-21
    🔒
    Charge registered #2
    Lender: Angus Macquarrie Fleming
  26. 2012-02-14
    FLEMING, Alice Louise resigned
    secretary
  27. 2003-03-20
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  28. 1995-12-27
    🏢
    Company incorporated
    As AIRBORNE COMPOSITES LTD
  29. 1995-12-27
    FLEMING, Alice Louise appointed
    secretary
  30. 1995-12-27
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  31. 1995-12-27
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  32. 1995-12-27
    FLEMING, Angus Macquarrie appointed
    director
  33. 1995-12-27
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  34. 1995-12-27
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 30 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

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Arno Van Mourik
Individual · Dutch · DOB 10/1972 · age 54
sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Mr Angus Macquarrie Flemingceased 29/12/2017· significant influence

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

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
Incorporated1995-12-27
Jurisdictionengland-wales
Primary SIC28990 — SIC 28990

Registered office

Membury Airfield
Lambourn
Berkshire
RG17 7TJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-10
Last: 2025-12-27

Officers (1 active · 6 resigned)

MOURIK, Arno Van
director · ~54y · appointed 2015-12-21
View their other companies + combined net worth →
Active
FLEMING, Alice Louise
secretary · appointed 1995-12-27 · resigned 2012-02-14
Resigned
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1995-12-27 · resigned 1995-12-27
Resigned
FLEMING, Angus Macquarrie
director · ~80y · appointed 2017-09-14 · resigned 2017-12-29
Resigned
FLEMING, Angus Macquarrie
director · ~80y · appointed 1995-12-27 · resigned 2017-08-31
Resigned
SUMMERS, Joseph Alexander
director · ~49y · appointed 2017-08-30 · resigned 2025-05-30
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 1995-12-27 · resigned 1995-12-27
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Angus Macquarrie Fleming
A registered charge1 property21/12/201527/09/2018
satisfied
Barclays
Barclays Bank PLC
Debenture1 property20/03/200307/01/2016

Recent filings (92 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-small
accounts · AA
2025-09-30
termination-director-company-with-name-termination-date
officers · TM01
2025-05-30
accounts-with-accounts-type-small
accounts · AA
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-10
accounts-with-accounts-type-small
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
accounts-with-accounts-type-small
accounts · AA
2022-12-19
accounts-with-accounts-type-small
accounts · AA
2022-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-05
accounts-with-accounts-type-small
accounts · AA
2020-06-25
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-03
accounts-with-accounts-type-small
accounts · AA
2019-05-02