AIR WORKS UK LIMITED
💤Zombieactive
04399633 · ltd · incorporated 2002-03-20
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
£20.6k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (77/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £20,597
Net assets shrinking
Down £1,536 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£21k
↓ 6.9% YoY
Current Assets
£45k
↓ 9.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £20.6k | £22.1k |
| Current assets | £44.7k | £49.4k |
| Net assets | £20.6k | £22.1k |
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
5
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Last 180 days
5
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-02-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-21📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-19📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-20📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-10-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-19📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-03-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-05📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-02-28➕CROUCH, Paul John appointeddirector
- 2021-02-28➖HOLLOWAY, Peter Richard resigneddirector
- 2020-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-04-21➖HOLLOWAY, Jacqueline resignedsecretary
- 2014-05-14➕HOLLOWAY, Jacqueline appointedsecretary
- 2014-05-14➖HOLLOWAY, Jacqueline Alison resignedsecretary
- 2002-03-20🏢Company incorporatedAs AIR WORKS UK LIMITED
- 2002-03-20➕HOLLOWAY, Jacqueline Alison appointedsecretary
- 2002-03-20➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2002-03-20➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2002-03-20➕HOLLOWAY, Peter Richard appointeddirector
- 2002-03-20➕LONDON LAW SERVICES LIMITED appointedcorporate-nominee-director
- 2002-03-20➖LONDON LAW SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul John Crouch Individual · British · DOB 05/1980 · age 46 | 75–100% | — | 75-100% shares | 28/02/2021 |
1 historic (ceased) PSC
- Mr Peter Richard Hollowayceased 28/02/2021· 75-100% 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 →Similar companies
Active · Energy & utilities · GU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2LEE ENERGY LTD→ 16988573 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3 COUNTIES WASTE REMOVAL LTD→ 13691457 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A & K'S TRASH TO TREASURES LTD→ 16941563 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A PLUS ASBESTOS LTD→ 12024208 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A SPEC ENVIRONMENTAL LTD→ 10615340 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A3 EXCAVATIONS LTD→ 12435627 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ADJACENT POWER LIMITED→ 08012100 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| AIR CON ENVIRONMENTAL LIMITED→ 07072281 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AIR-REF LIMITED→ 03511562 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| AIRCARESERVICESELECTRICAL LIMITED→ 10713883 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AIRO SUPPLY LIMITED→ 16825304 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIRSOURCE CLIMATE LTD→ 12709691 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2002-03-20
Jurisdictionengland-wales
Primary SIC35300 — SIC 35300
Registered office
11 Oak Tree Road
Milford
Godalming
Surrey
GU8 5JJ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05
Officers (1 active · 5 resigned)
CROUCH, Paul John→
Activedirector · ~46y · appointed 2021-02-28
View their other companies + combined net worth →
HOLLOWAY, Jacqueline→
Resignedsecretary · appointed 2014-05-14 · resigned 2015-04-21
HOLLOWAY, Jacqueline Alison→
Resignedsecretary · appointed 2002-03-20 · resigned 2014-05-14
LONDON LAW SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-03-20 · resigned 2002-03-20
HOLLOWAY, Peter Richard→
Resigneddirector · ~58y · appointed 2002-03-20 · resigned 2021-02-28
LONDON LAW SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-03-20 · resigned 2002-03-20
Click a director name to see their full track record across all companies.
Recent filings (75 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-21
change-person-director-company-with-change-date
officers · CH01
2026-02-21
change-person-director-company-with-change-date
officers · CH01
2026-02-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-02
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-12-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-11
change-account-reference-date-company-current-extended
accounts · AA01
2021-11-19