AFRICAN AVIATION SERVICES LIMITED

💤Zombieactive
03233008 · ltd · incorporated 1996-08-02
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 Jun 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Publishing of consumer and business journals and periodicals
Sector: Information & communication
ALSO REGISTERED FOR
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. 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: strategic trade sale (65/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
76 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees100200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-01-31
    FADUGBA, Jonathan Akinwale appointed
    director
  5. 2026-01-31
    FADUGBA, Amy resigned
    director
  6. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-09-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-09-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-09-20
    FADUGBA, Amy appointed
    director
  10. 2024-09-20
    LING, Jeffrey resigned
    director
  11. 2024-09-06
    LING, Ann Tokunbo resigned
    director
  12. 2024-09-06
    LING, Jeffrey appointed
    director
  13. 2024-09-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-09-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-09-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-08-03
    FADUGBA, Nicholas Olawande resigned
    director
  17. 2024-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-04-08
    LING, Ann Tokunbo appointed
    director
  19. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-06-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  25. 2019-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2019-06-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  27. 2011-03-01
    FADUGBA, Edith Iyabo resigned
    secretary
  28. 1996-08-02
    🏢
    Company incorporated
    As AFRICAN AVIATION SERVICES LIMITED
  29. 1996-08-02
    FADUGBA, Edith Iyabo appointed
    secretary
  30. 1996-08-02
    FADUGBA, Nicholas Olawande appointed
    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

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Nicholas Olawande Fadugba
Individual · British · DOB 06/1955 · age 71
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence01/07/2016

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

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
Incorporated1996-08-02
Jurisdictionengland-wales
Primary SIC58142 — Publishing of consumer and business journals and periodicals

Registered office

Lion House
80 Egret Crescent
Colchester
CO4 3FP

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-16
Last: 2025-08-02

Officers (1 active · 5 resigned)

FADUGBA, Jonathan Akinwale
director · ~43y · appointed 2026-01-31
View their other companies + combined net worth →
Active
FADUGBA, Edith Iyabo
secretary · appointed 1996-08-02 · resigned 2011-03-01
Resigned
FADUGBA, Amy
director · ~41y · appointed 2024-09-20 · resigned 2026-01-31
Resigned
FADUGBA, Nicholas Olawande
director · ~71y · appointed 1996-08-02 · resigned 2024-08-03
Resigned
LING, Ann Tokunbo
director · ~73y · appointed 2024-04-08 · resigned 2024-09-06
Resigned
LING, Jeffrey
director · ~68y · appointed 2024-09-06 · resigned 2024-09-20
Resigned

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

Recent filings (76 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
appoint-person-director-company-with-name-date
officers · AP01
2026-02-19
termination-director-company-with-name-termination-date
officers · TM01
2026-02-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
termination-director-company-with-name-termination-date
officers · TM01
2024-09-23
appoint-person-director-company-with-name-date
officers · AP01
2024-09-23
termination-director-company-with-name-termination-date
officers · TM01
2024-09-06
termination-director-company-with-name-termination-date
officers · TM01
2024-09-06
appoint-person-director-company-with-name-date
officers · AP01
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-16
appoint-person-director-company-with-name-date
officers · AP01
2024-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18