AERONAUTICAL SOFTWARE DEVELOPMENTS LIMITED
🌳Matureactive
03235944 · ltd · incorporated 1996-08-09
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 Aug 2025
Net worth
£536.6k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
ALSO REGISTERED FOR
- 62020Information technology consultancy activities
Investor take
PursueAsset-holding vehicle with a 62-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
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, 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 (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £536,589
Cash YoY
+56%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£839k
↑ 56% YoY
Net Worth
£537k
↑ 23% YoY
Current Assets
£966k
↑ 69% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £536.7k | £436.5k |
| Current assets | £966.0k | £572.4k |
| Cash | £839.3k | £537.3k |
| Debtors | £126.6k | £35.1k |
| Net assets | £536.6k | £436.5k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-05-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-10-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-23➕MURFITT, Samantha appointeddirector
- 2024-10-23➖MURFITT, Richard Charles resigneddirector
- 2024-05-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-08-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2016-11-15➖AEROCAD LIMITED resignedcorporate-director
- 2016-10-20➖BUNN, Dawson Ronald resigneddirector
- 2011-05-04➕MURFITT, Richard Charles appointeddirector
- 1996-08-09🏢Company incorporatedAs AERONAUTICAL SOFTWARE DEVELOPMENTS LIMITED
- 1996-08-09➕MURFITT, Julian Peter appointedsecretary
- 1996-08-09➕MURFITT, Julian Peter appointeddirector
- 1996-08-09➕BUNN, Dawson Ronald appointeddirector
- 1996-08-09➕AEROCAD LIMITED appointedcorporate-director
Owner dependency
84/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Samantha Murfitt Individual · British · DOB 03/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/10/2024 |
Mr Julian Peter Murfitt Individual · British · DOB 05/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 10/08/2016 |
3 historic (ceased) PSCs
- Mr Richard Charles Murfittceased 23/10/2024· 25-50% shares · 25-50% voting
- Mr Dawson Ronald Bunnceased 10/08/2016· 25-50% shares · 25-50% voting
- Aerocad Limitedceased 10/08/2016· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Technology · SM postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10XCLOUDCONSULTING LTD→ 12142122 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABEEY TECH LTD→ 10527002 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACME SYSTEMS LTD→ 04666510 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ADDITIONAL INTELLIGENCE LTD→ 17079901 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADVISITI CONSULTING GROUP LTD→ 16833773 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFFINITY CREATES LIMITED→ 16460224 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFTERLIVE MUSIC LTD→ 12902655 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AGILE TESTING LTD→ 07247004 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AHMADF LTD→ 12758624 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AHOTE FILMS LTD.→ 06924817 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AI AND CODE CONSULTANTS LIMITED→ 12744110 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AI DATA SERVICES LIMITED→ 16420694 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1996-08-09
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
Mekon House
31 -35 St. Nicholas Way
Sutton
Surrey
SM1 1JN
Filing status
Accounts
Next due: 2027-05-30
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18
Officers (3 active · 3 resigned)
MURFITT, Julian Peter→
Activesecretary · appointed 1996-08-09
View their other companies + combined net worth →
MURFITT, Julian Peter→
Activedirector · ~62y · appointed 1996-08-09
View their other companies + combined net worth →
MURFITT, Samantha→
Activedirector · ~56y · appointed 2024-10-23
View their other companies + combined net worth →
BUNN, Dawson Ronald→
Resigneddirector · ~63y · appointed 1996-08-09 · resigned 2016-10-20
MURFITT, Richard Charles→
Resigneddirector · ~66y · appointed 2011-05-04 · resigned 2024-10-23
AEROCAD LIMITED→
Resignedcorporate-director · appointed 1996-08-09 · resigned 2016-11-15
Click a director name to see their full track record across all companies.
Recent filings (90 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-25
appoint-person-director-company-with-name-date
officers · AP01
2024-10-24
termination-director-company-with-name-termination-date
officers · TM01
2024-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-11