AIR SALVAGE INTERNATIONAL LIMITED

💤Zombieactive
03298617 · ltd · incorporated 1997-01-02
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 Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does

Likely involved in the recovery, dismantling, and resale of salvaged aircraft and aviation components, operating within the UK transportation and storage sector, this Cirencester-based business appears to be a small active trading company given its consistent total-exemption full accounts filings.

Primary activity: SIC 51102
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 17.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (1 active, 11 linked, 3 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£260k£521k£781k£1.0m£1.3mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets—£1.27M
Current assets—£1.30M
Cash—£495.4k
Debtors—£774.9k
Net assets—£1.24M
Average employees27—

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-08-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-02-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-02-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2020-02-12
    ➖
    GREGORY, Bradley Joe resigned
    secretary
  12. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-11-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-06-08
    ➕
    GREGORY, Bradley Joe appointed
    secretary
  18. 2010-06-08
    ➖
    VINCENT, Alan Godfrey resigned
    secretary
  19. 2008-12-05
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  20. 2004-08-12
    ➖
    FAIRCHILD, Simon Charles resigned
    secretary
  21. 2004-08-12
    ➖
    FAIRCHILD, Timothy James resigned
    secretary
  22. 2004-08-12
    ➕
    VINCENT, Alan Godfrey appointed
    secretary
  23. 2001-04-09
    ➖
    BRADY, Kathryn resigned
    secretary
  24. 2001-03-02
    ➕
    FAIRCHILD, Timothy James appointed
    secretary
  25. 1999-07-10
    ➕
    BRADY, Kathryn appointed
    secretary
  26. 1999-07-01
    ➖
    FAIRCHILD, Simon Charles resigned
    director
  27. 1999-07-01
    ➖
    FAIRCHILD, Timothy James resigned
    director
  28. 1997-03-14
    ➕
    FAIRCHILD, Simon Charles appointed
    secretary
  29. 1997-03-14
    ➖
    GREGORY, Mark John resigned
    secretary
  30. 1997-03-14
    ➕
    FAIRCHILD, Simon Charles appointed
    director
  31. 1997-01-04
    ➕
    GREGORY, Mark John appointed
    director
  32. 1997-01-02
    🏢
    Company incorporated
    As AIR SALVAGE INTERNATIONAL LIMITED
  33. 1997-01-02
    ➕
    GREGORY, Mark John appointed
    secretary
  34. 1997-01-02
    ➕
    BLACKFRIAR SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  35. 1997-01-02
    ➖
    BLACKFRIAR SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  36. 1997-01-02
    ➕
    FAIRCHILD, Timothy James appointed
    director
  37. 1997-01-02
    ➕
    BLACKFRIAR DIRECTORS LIMITED appointed
    corporate-nominee-director
  38. 1997-01-02
    ➖
    BLACKFRIAR DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Mark John Gregory
Individual · British · DOB 10/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Timothy James Fairchild
Individual · British · DOB 05/1973 · age 53
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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
Incorporated1997-01-02
Jurisdictionengland-wales
Primary SIC51102 — SIC 51102

Registered office

Hangar H1 Cotswold Airport
Kemble
Cirencester
Gloucestershire
GL7 6BA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-04
Last: 2025-12-21

Officers (1 active · 10 resigned)

GREGORY, Mark John→
director · ~65y · appointed 1997-01-04
View their other companies + combined net worth →
Active
BRADY, Kathryn→
secretary · appointed 1999-07-10 · resigned 2001-04-09
Resigned
FAIRCHILD, Simon Charles→
secretary · appointed 1997-03-14 · resigned 2004-08-12
Resigned
FAIRCHILD, Timothy James→
secretary · appointed 2001-03-02 · resigned 2004-08-12
Resigned
GREGORY, Bradley Joe→
secretary · appointed 2010-06-08 · resigned 2020-02-12
Resigned
GREGORY, Mark John→
secretary · appointed 1997-01-02 · resigned 1997-03-14
Resigned
VINCENT, Alan Godfrey→
secretary · appointed 2004-08-12 · resigned 2010-06-08
Resigned
BLACKFRIAR SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1997-01-02 · resigned 1997-01-02
Resigned
FAIRCHILD, Simon Charles→
director · ~61y · appointed 1997-03-14 · resigned 1999-07-01
Resigned
FAIRCHILD, Timothy James→
director · ~53y · appointed 1997-01-02 · resigned 1999-07-01
Resigned
BLACKFRIAR DIRECTORS LIMITED→
corporate-nominee-director · appointed 1997-01-02 · resigned 1997-01-02
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property05/12/2008—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (109 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-11
change-person-director-company-with-change-date
officers · CH01
2022-02-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-22