CASTLE AIR LIMITED
- 46140SIC 46140
- 51102SIC 51102
- 52230SIC 52230
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 84). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
Refinance opportunity
95 live charges · 6 lenders · oldest 29.4y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 29.4 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
4 signals 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 mortgage
- • 3 mortgage
- • 1 confirmation-statement
- • 1 officers
- • 5 mortgage
- • 1 confirmation-statement
- • 1 officers
Corporate timeline (223 events)Click to expand
- 2026-07-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-07-01🔒Charge registered #95Lender: Lombard North Central PLC
- 2026-05-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-15🔓Charge satisfied #90
- 2026-05-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-07🔓Charge satisfied #92
- 2026-04-30📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-10🔓Charge satisfied #91
- 2026-03-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-26🔒Charge registered #94Lender: Lombard North Central PLC
- 2025-12-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-24🔒Charge registered #93Lender: Lombard North Central PLC
- 2025-10-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-14🔒Charge registered #92Lender: Close Brothers Limited
- 2025-10-14🔒Charge registered #91Lender: Close Brothers Limited
- 2025-08-20📄accounts-with-accounts-type-groupaccounts · AA
- 2025-07-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-25🔓Charge satisfied #68
- 2025-07-25🔓Charge satisfied #36
- 2025-07-25🔓Charge satisfied #25
- 2025-07-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-16🔓Charge satisfied #88
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-27🔒Charge registered #90Lender: Lombard North Central PLC
- 2025-03-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-11🔓Charge satisfied #85
- 2025-03-11🔓Charge satisfied #84
- 2025-03-11🔓Charge satisfied #81
- 2025-03-11🔓Charge satisfied #80
- 2025-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-04🔒Charge registered #89Lender: Close Brothers Limited
- 2025-02-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-10🔒Charge registered #88Lender: Lombard North Central PLC
- 2025-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-29🔒Charge registered #87Lender: Lombard North Central PLC
- 2024-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-30🔒Charge registered #86Lender: Lombard North Central PLC
- 2024-05-29🔒Charge registered #85Lender: Lombard North Central PLC
- 2024-04-19🔒Charge registered #84Lender: Lombard North Central PLC
- 2024-02-08🔒Charge registered #83Lender: Lombard North Central PLC
- 2024-01-16🔒Charge registered #82Lender: Lombard North Central PLC
- 2023-10-05🔒Charge registered #81Lender: Lombard North Central PLC
- 2023-10-03🔓Charge satisfied #79
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- 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
2 med · 1 lowHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-07-01: A registered charge; 2026-02-26: A registered charge; 2025-12-24: A registered charge
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Roy Stanley Flood Individual · British · DOB 07/1942 · age 84 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Ross Kristian Bunyard Individual · British · DOB 03/1973 · age 53 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Stuart John Floodceased 15/09/2021· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Manufacturing · PL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C. TOMS AND SON LIMITED→ 00366970 · est 1941 · no financials extracted | — | — | — | — | 84y | — | — |
| CHROMACON HOLDINGS LIMITED→ 11815462 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| COOL-WHIP CAMPERS LTD→ 12455243 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CORNISH K9 LTD→ 16213040 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CORNISH LIME COMPANY LIMITED→ 04391187 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| CORNISH TIMBER PRODUCTS LTD→ 14708460 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CORNISH WHISPERS LTD→ 13312222 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CORNWALL BLINDS LTD→ 15466331 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CORNWALL BUILDING SOLUTIONS LIMITED→ 14577716 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CORNWALL CAMPERVAN CONVERSIONS LIMITED→ 13825679 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CORNWALL CONCRETE PUMPING LTD→ 08472204 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CORNWALL FINE ART SOLUTIONS LTD→ 13716853 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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 →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 (4 active · 11 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 01/07/2026 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 26/02/2026 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 24/12/2025 | — | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 14/10/2025 | 07/05/2026 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 14/10/2025 | 10/04/2026 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 27/06/2025 | 15/05/2026 | |
| outstanding | Close Brothers Close Brothers Limited | A registered charge | 1 property | 04/03/2025 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 10/02/2025 | 16/07/2025 | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 29/01/2025 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 30/09/2024 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 29/05/2024 | 11/03/2025 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 19/04/2024 | 11/03/2025 | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 08/02/2024 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 16/01/2024 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 05/10/2023 | 11/03/2025 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 14/08/2023 | 11/03/2025 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 26/07/2023 | 03/10/2023 | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 09/12/2022 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 02/11/2022 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 21/10/2022 | 03/05/2023 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 05/09/2022 | 26/09/2022 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 20/07/2022 | 24/07/2023 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 10/06/2022 | 03/05/2023 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 01/09/2021 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 31/08/2021 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 28/07/2021 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 25/05/2021 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 25/05/2021 | 25/07/2025 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 25/05/2021 | 01/04/2022 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 27/04/2021 | 16/06/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 27/04/2021 | 09/06/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 15/03/2021 | 02/07/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 12/03/2021 | 01/04/2022 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 09/03/2021 | 09/06/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 05/03/2021 | 16/06/2021 | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | — | 24/02/2021 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 16/10/2020 | 09/06/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 12/05/2020 | 08/06/2022 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 12/05/2020 | 09/06/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 28/02/2020 | 09/06/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 21/02/2020 | 09/06/2021 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 29/10/2019 | 29/09/2021 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 25/10/2019 | 03/12/2020 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 23/10/2019 | 08/06/2022 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 30/07/2019 | 20/09/2019 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 30/07/2019 | 20/09/2019 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 25/02/2019 | 06/02/2020 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 20/11/2018 | 20/03/2019 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 07/11/2018 | 23/11/2020 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 24/10/2018 | 23/11/2020 | |
| satisfied | Loombard North Central Loombard North Central PLC | A registered charge | 1 property | 04/09/2018 | 20/03/2019 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 3 properties | 17/05/2018 | 20/03/2019 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 14/12/2017 | 23/11/2020 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 07/04/2017 | 20/03/2019 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 07/04/2017 | 20/03/2019 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 07/04/2017 | 24/07/2023 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 09/03/2017 | 13/04/2017 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 19/08/2016 | 17/11/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 19/08/2016 | 01/09/2023 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 19/08/2016 | 25/07/2025 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 26/05/2016 | 13/04/2017 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 16/09/2015 | 24/02/2017 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 26/05/2015 | 20/03/2019 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 07/04/2015 | 10/04/2017 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 25/03/2015 | 02/06/2016 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 25/03/2015 | 23/08/2016 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 25/03/2015 | 13/04/2017 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 20/06/2014 | 08/09/2014 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 21/03/2014 | 30/07/2015 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 24/01/2014 | 10/04/2017 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 19/11/2013 | 25/07/2025 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 06/11/2013 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 29/08/2013 | 01/09/2023 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 23/07/2013 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/11/2012 | 17/11/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 14/03/2012 | 13/09/2016 | |
| satisfied | Close Asset Finance Close Asset Finance Limited | Aircraft mortgage deed | 1 property | 27/01/2012 | 06/11/2013 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 20/07/2011 | 13/09/2016 | |
| satisfied | Close Asset Finance Close Asset Finance Limited | Aircraft mortgage deed | 1 property | 23/03/2011 | 06/11/2013 | |
| satisfied | Close Asset Finance Close Asset Finance Limited | Aircraft mortgage deed | 1 property | 27/01/2011 | 06/11/2013 | |
| satisfied | Close Asset Finance Close Asset Finance Limited | Aircraft mortgage deed | 1 property | 18/01/2011 | 06/11/2013 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 30/11/2010 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 1 property | 28/04/2010 | 13/09/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Aircraft mortgage | 2 properties | 05/11/2009 | 13/09/2016 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 26/11/1997 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 24/02/1997 | 05/03/1998 |