AIRMATIC LTD

🌳Matureactive
03593000 · ltd · incorporated 1998-07-06
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 Mar 2025
Net worth
£518.9k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (73/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 11.3y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 11.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £518,901
Cash YoY
+588%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£307k
↑ 588% YoY
Net Worth
£519k
↑ 54% YoY
Current Assets
£1.6m
↑ 53% YoY
Current Liabilities
—
£0£329k£658k£988k£1.3m£1.6mMar 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£708.3k£582.6k
Current assets£1.65M£1.08M
Cash£306.5k£44.5k
Debtors£1.32M£1.02M
Net assets£518.9k£336.3k

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 (40 events)Click to expand
  1. 2026-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-03-27
    🔒
    Charge registered #4
    Lender: Rbs Invoice Finance LTD
  5. 2024-02-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2024-02-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-02-29
    🔓
    Charge satisfied #3
  8. 2024-02-29
    🔓
    Charge satisfied #1
  9. 2024-02-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-04-12
    ➖
    WATSON, Claire Louise resigned
    secretary
  13. 2022-04-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2021-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-26
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  16. 2021-03-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-05-02
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2019-05-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2019-04-29
    ➖
    HAYWOOD, Paul Robert resigned
    secretary
  21. 2019-04-29
    ➕
    WATSON, Claire Louise appointed
    secretary
  22. 2019-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2018-08-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  24. 2018-08-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  25. 2018-08-22
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance LTD
  26. 2018-08-22
    🔓
    Charge satisfied #2
  27. 2018-08-08
    ➕
    TAYLOR, Robert appointed
    director
  28. 2018-08-08
    ➕
    WATSON, Claire appointed
    director
  29. 2017-11-14
    ➖
    BAYMAN, Darren Philip resigned
    director
  30. 2015-02-04
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  31. 2015-01-28
    🔒
    Charge registered #2
    Lender: Lombard North Central PLC
  32. 2014-10-16
    ➕
    HAYWOOD, Paul Robert appointed
    secretary
  33. 2014-10-16
    ➖
    POPADICH, Olga Grace resigned
    secretary
  34. 2013-02-08
    ➕
    BAYMAN, Darren Philip appointed
    director
  35. 2002-07-15
    ➕
    TAYLOR, Christopher Ian appointed
    director
  36. 1998-07-06
    🏢
    Company incorporated
    As AIRMATIC LTD
  37. 1998-07-06
    ➕
    HAYWOOD, Paul Robert appointed
    director
  38. 1998-07-06
    ➕
    POPADICH, Olga Grace appointed
    secretary
  39. 1998-07-06
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  40. 1998-07-06
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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 68. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • 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

1 med ·
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.

Group structure

Airmatic Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Airmatic Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
AIRMATIC LTD
This company · 03593000

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%
NameSharesVoting rightsNature of controlNotified
Airmatic Holdings Ltd
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting23/08/2018
2 historic (ceased) PSCs
  • Mr Paul Robert Haywoodceased 23/08/2018· 25-50% shares
  • Mr Christopher Ian Taylorceased 23/08/2018· 25-50% shares

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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16940175 · est 2026 · no financials extracted
———————
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08926383 · est 2014 · no financials extracted
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08445814 · est 2013 · no financials extracted
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11441383 · est 2018 · no financials extracted
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AIRSPACE LIGHTING LTD→
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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
Incorporated1998-07-06
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

Daisyfield Industrial Estate
Wellington Street
Bury
Lancashire
BL8 2BD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02

Officers (4 active · 5 resigned)

HAYWOOD, Paul Robert→
director · ~66y · appointed 1998-07-06
View their other companies + combined net worth →
Active
TAYLOR, Christopher Ian→
director · ~68y · appointed 2002-07-15
View their other companies + combined net worth →
Active
TAYLOR, Robert→
director · ~34y · appointed 2018-08-08
View their other companies + combined net worth →
Active
WATSON, Claire→
director · ~43y · appointed 2018-08-08
View their other companies + combined net worth →
Active
HAYWOOD, Paul Robert→
secretary · appointed 2014-10-16 · resigned 2019-04-29
Resigned
POPADICH, Olga Grace→
secretary · appointed 1998-07-06 · resigned 2014-10-16
Resigned
WATSON, Claire Louise→
secretary · appointed 2019-04-29 · resigned 2022-04-12
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 1998-07-06 · resigned 1998-07-06
Resigned
BAYMAN, Darren Philip→
director · ~57y · appointed 2013-02-08 · resigned 2017-11-14
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance LTD
A registered charge—27/03/2024—
satisfied
NatWest Group
Rbs Invoice Finance LTD
A registered charge—22/08/201829/02/2024
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge—04/02/201529/02/2024
satisfied
Lombard North Central
Lombard North Central PLC
A registered charge—28/01/201522/08/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (90 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-29
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-29
change-person-director-company-with-change-date
officers · CH01
2024-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-27
termination-secretary-company-with-name-termination-date
officers · TM02
2022-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-23