AIRCRAFT AND VEHICLE SERVICES LIMITED

🌳Matureactive
03282955 · ltd · incorporated 1996-11-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 25.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2024
Net worth
£81.0k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed automotive with salvageable qualities — special-situations priority.

Opportunity 71/100 (strong), bankability 75/100. Strong seller-intent signal (88/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 25.8y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 25.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £80,957

Key financials

1 year extracted from filed iXBRL accounts
Cash
£43k
Net Worth
£81k
Current Assets
£86k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-04-30
Total assets£111.5k
Current assets£86.3k
Cash£43.4k
Debtors£40.5k
Net assets£81.0k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-03-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-02-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-02-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-02-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-02-10
    🔓
    Charge satisfied #3
  7. 2025-02-10
    🔓
    Charge satisfied #2
  8. 2025-02-10
    🔓
    Charge satisfied #1
  9. 2025-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2024-07-29
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  11. 2024-03-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-02-28
    HATTON, Elizabeth appointed
    director
  13. 2023-08-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2022-10-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2021-10-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2021-07-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  17. 2020-10-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2019-07-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2018-07-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2017-07-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2005-03-23
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  22. 2000-11-10
    🔒
    Charge registered #2
    Lender: Yorkshire Bank PLC
  23. 2000-07-07
    🔒
    Charge registered #1
    Lender: Yorkshire Bank PLC
  24. 1996-11-22
    🏢
    Company incorporated
    As AIRCRAFT AND VEHICLE SERVICES LIMITED
  25. 1996-11-22
    PATON, Margaret appointed
    secretary
  26. 1996-11-22
    PATON, Michael John appointed
    director
  27. 1996-11-22
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  28. 1996-11-22
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary

Owner dependency

83/100
Critical — business is the founder

The 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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

81/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-10

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael John Paton
Individual · British · DOB 12/1948 · age 78
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mrs Margaret Patonceased 24/02/2025· 25-50% shares · 25-50% voting · board control

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

8 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
Incorporated1996-11-22
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

17 George Street
St Helens
Merseyside
WA10 1DB

Filing status

Accounts
Next due: 2026-04-29
Last made up to: 2024-04-30
Confirmation statement
Next due: 2026-03-10OVERDUE
Last: 2025-02-24

Officers (3 active · 1 resigned)

PATON, Margaret
secretary · appointed 1996-11-22
View their other companies + combined net worth →
Active
HATTON, Elizabeth
director · ~54y · appointed 2024-02-28
View their other companies + combined net worth →
Active
PATON, Michael John
director · ~78y · appointed 1996-11-22
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1996-11-22 · resigned 1996-11-22
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Legal mortgage1 property23/03/200510/02/2025
satisfied
Virgin Money
Yorkshire Bank PLC
Legal mortgage (own account)1 property10/11/200010/02/2025
satisfied
Virgin Money
Yorkshire Bank PLC
Debenture1 property07/07/200010/02/2025

Recent filings (75 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-12
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
change-account-reference-date-company-previous-extended
accounts · AA01
2024-07-29
appoint-person-director-company-with-name-date
officers · AP01
2024-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23