AIRBORNE COMPOSITES LTD
- 30300SIC 30300
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
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.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 43 | 3800 |
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 confirmation-statement
Corporate timeline (34 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2025-05-30➖SUMMERS, Joseph Alexander resigneddirector
- 2025-05-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-17📄accounts-with-accounts-type-smallaccounts · AA
- 2023-12-31📄accounts-with-accounts-type-smallaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-smallaccounts · AA
- 2022-02-23📄accounts-with-accounts-type-smallaccounts · AA
- 2020-06-25📄accounts-with-accounts-type-smallaccounts · AA
- 2019-05-02📄accounts-with-accounts-type-smallaccounts · AA
- 2018-12-06📄resolutionresolution · RESOLUTIONS
- 2018-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-09-27🔓Charge satisfied #2
- 2018-07-10📄accounts-with-accounts-type-smallaccounts · AA
- 2017-12-29➖FLEMING, Angus Macquarrie resigneddirector
- 2017-12-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-12-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-10-06📄accounts-with-accounts-type-smallaccounts · AA
- 2017-09-14➕FLEMING, Angus Macquarrie appointeddirector
- 2017-09-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-08-31➖FLEMING, Angus Macquarrie resigneddirector
- 2017-08-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-08-30➕SUMMERS, Joseph Alexander appointeddirector
- 2016-01-07🔓Charge satisfied #1
- 2015-12-21➕MOURIK, Arno Van appointeddirector
- 2015-12-21🔒Charge registered #2Lender: Angus Macquarrie Fleming
- 2012-02-14➖FLEMING, Alice Louise resignedsecretary
- 2003-03-20🔒Charge registered #1Lender: Barclays Bank PLC
- 1995-12-27🏢Company incorporatedAs AIRBORNE COMPOSITES LTD
- 1995-12-27➕FLEMING, Alice Louise appointedsecretary
- 1995-12-27➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1995-12-27➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1995-12-27➕FLEMING, Angus Macquarrie appointeddirector
- 1995-12-27➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 1995-12-27➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Arno Van Mourik Individual · Dutch · DOB 10/1972 · age 54 | — | — | sig. influencesignificant influence | 06/04/2016 |
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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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 →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 (1 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Angus Macquarrie Fleming | A registered charge | 1 property | 21/12/2015 | 27/09/2018 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 20/03/2003 | 07/01/2016 |