AIRCRAFT SPARES & MATERIALS LIMITED
🌳Matureactive
03518672 · ltd · incorporated 1998-02-27
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 10.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 10.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (83/100)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
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
97 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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 300 | 300 |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-27➕ROMAIN, Alexander appointeddirector
- 2022-10-27➕ROMAIN, George appointeddirector
- 2022-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-09-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-04📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-01-04📄legacyaccounts · PARENT_ACC
- 2022-01-04📄legacyother · GUARANTEE2
- 2022-01-04📄legacyother · AGREEMENT2
- 2020-10-22📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2020-10-22📄legacyaccounts · PARENT_ACC
- 2020-10-22📄legacyother · AGREEMENT2
- 2020-10-22📄legacyother · GUARANTEE2
- 2020-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2016-01-06🔒Charge registered #1Lender: Coutts & Company
- 2009-05-20➖SCOTT, Paul Branch resignedsecretary
- 2009-05-20➖BOS, Karel resigneddirector
- 2009-05-11➕ROMAIN, John James appointeddirector
- 2003-04-01➕SCOTT, Paul Branch appointedsecretary
- 2003-03-31➖JONES, John Alun resignedsecretary
- 2002-11-01➖BLACK, Guy Anthony resignedsecretary
- 2002-11-01➕JONES, John Alun appointedsecretary
- 2002-11-01➖BLACK, Guy Anthony resigneddirector
- 1998-05-10➕BOS, Karel appointeddirector
- 1998-03-05➕BLACK, Guy Anthony appointedsecretary
- 1998-03-05➖WATKINS, Margaret Mary resignednominee-secretary
- 1998-03-05➕BLACK, Guy Anthony appointeddirector
- 1998-03-05➖MCCOLLUM, Angela Jean resignednominee-director
- 1998-02-27🏢Company incorporatedAs AIRCRAFT SPARES & MATERIALS LIMITED
- 1998-02-27➕WATKINS, Margaret Mary appointednominee-secretary
- 1998-02-27➕MCCOLLUM, Angela Jean appointednominee-director
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
33/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — ROMAIN, Alexander (same surname) appointed 2022-10-27. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 28 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Aircraft Restoration Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Aircraft Restoration Company Limited
Corporate parent · holds 75-100% shares · board control
⬇
AIRCRAFT SPARES & MATERIALS LIMITED
This company · 03518672
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aircraft Restoration Company Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/09/2022 |
1 historic (ceased) PSC
- Propshop Limitedceased 30/09/2022· 75-100% shares · 75-100% voting · board control
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 · Trade services · CB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A L LEE & SONS (MARKETING) LIMITED→ 07430297 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABUCHIN LIMITED→ 15972627 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACE POOLS LTD→ 10075572 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ACTIWISE LIMITED→ 07095957 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ADAMSON FISHER LIMITED→ 14442002 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADENIYI OKUBANJO LIMITED→ 11895013 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AFTER DARK CLEANERS LIMITED→ 15940498 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AHG HOTEL & RESORT LTD→ 11358514 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AI JAMESON GROUP (UK) CO., LTD→ 11524336 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AIRE VALLEY CLEANING DIVISION LIMITED→ 16252315 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AIRSHOT SERVICES UK LTD→ 14156977 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AIRVIC CONSULTANCY LTD→ 06592589 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated1998-02-27
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Building 425 Duxford Airfield
Duxford
Cambridge
CB22 4QR
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11
Officers (3 active · 7 resigned)
ROMAIN, Alexander→
Activedirector · ~31y · appointed 2022-10-27
View their other companies + combined net worth →
ROMAIN, George→
Activedirector · ~35y · appointed 2022-10-27
View their other companies + combined net worth →
ROMAIN, John James→
Activedirector · ~67y · appointed 2009-05-11
View their other companies + combined net worth →
BLACK, Guy Anthony→
Resignedsecretary · appointed 1998-03-05 · resigned 2002-11-01
JONES, John Alun→
Resignedsecretary · appointed 2002-11-01 · resigned 2003-03-31
SCOTT, Paul Branch→
Resignedsecretary · appointed 2003-04-01 · resigned 2009-05-20
WATKINS, Margaret Mary→
Resignednominee-secretary · appointed 1998-02-27 · resigned 1998-03-05
BLACK, Guy Anthony→
Resigneddirector · ~77y · appointed 1998-03-05 · resigned 2002-11-01
BOS, Karel→
Resigneddirector · ~98y · appointed 1998-05-10 · resigned 2009-05-20
MCCOLLUM, Angela Jean→
Resignednominee-director · ~63y · appointed 1998-02-27 · resigned 1998-03-05
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Coutts & Company | A registered charge | — | 06/01/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-02
change-person-director-company-with-change-date
officers · CH01
2025-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-20
appoint-person-director-company-with-name-date
officers · AP01
2022-11-01
appoint-person-director-company-with-name-date
officers · AP01
2022-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-09-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-15
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2022-01-04