ATLAS HELICOPTERS LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 80/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
5 live charges · 4 lenders · oldest 22.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 22.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — 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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 800 | 500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (44 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-12-31➖BURNS, Alana resignedsecretary
- 2024-12-31➖BURNS, Alana resigneddirector
- 2024-12-31➖BURNS, Michael Howard resigneddirector
- 2024-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-05🔓Charge satisfied #3
- 2023-06-29🔒Charge registered #5Lender: Lombard North Central PLC
- 2022-11-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-14🔒Charge registered #4Lender: Barclays Security Trustee Limited
- 2022-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-19📄capital-allotment-sharescapital · SH01
- 2022-10-19📄memorandum-articlesincorporation · MA
- 2022-10-19📄resolutionresolution · RESOLUTIONS
- 2021-11-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-05🔓Charge satisfied #2
- 2021-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-13📄memorandum-articlesincorporation · MA
- 2021-01-13📄resolutionresolution · RESOLUTIONS
- 2020-12-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-21➕SCHOFIELD, Jack Frederick Peter appointeddirector
- 2020-12-21➕SCHOFIELD, Robert Nicholas Jason appointeddirector
- 2020-12-21➕BURNS, Alana appointeddirector
- 2017-03-13🔒Charge registered #3Lender: Close Brothers Limited
- 2017-03-13🔒Charge registered #2Lender: Close Brothers Limited
- 2007-05-02➕BURNS, Alana appointedsecretary
- 2007-05-02➖HOLDICH, Stephen William resignedsecretary
- 2007-05-02➖HOLDICH, Stephen William resigneddirector
- 2007-02-13🔓Charge satisfied #1
- 2004-03-08🔒Charge registered #1Lender: Industrial Equipment Finance LTD
- 2001-11-28🏢Company incorporatedAs ATLAS HELICOPTERS LIMITED
- 2001-11-28➕HOLDICH, Stephen William appointedsecretary
- 2001-11-28➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2001-11-28➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2001-11-28➕BURNS, Michael Howard appointeddirector
- 2001-11-28➕HOLDICH, Stephen William appointeddirector
- 2001-11-28➕LONDON LAW SERVICES LIMITED appointedcorporate-nominee-director
- 2001-11-28➖LONDON LAW SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
Helicompany Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Helicompany Limited Corporate entity | 75–100% | — | 75-100% shares | 21/12/2020 |
2 historic (ceased) PSCs
- Mr Michael Howard Burnsceased 21/12/2020· 25-50% shares · 25-50% voting · board control
- Mrs Alison Burnsceased 17/12/2020· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| BLAZEFIELD BUSES LIMITED→ 02582503 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
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| CONNEX SOUTH EASTERN→ 03006571 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
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| D & MA SUNDERLAND & SON LIMITED→ 03666298 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 29/06/2023 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 14/11/2022 | — | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 13/03/2017 | 05/07/2023 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 13/03/2017 | 05/11/2021 | |
| satisfied | Industrial Equipment Finance Industrial Equipment Finance LTD | Aircraft mortgage | 1 property | 08/03/2004 | 13/02/2007 |