AIR SOUTH WEST 2000 LIMITED
💤Zombieactive
04422304 · ltd · incorporated 2002-04-23
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
£85.3k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Renting and leasing of construction and civil engineering machinery and equipment
Sector: Administrative & support services
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 67). 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 (73/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 24.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · accounting standard not declaredPositive net assets
Net assets £85,250
Cash YoY
-3%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£39k
↓ 2.5% YoY
Net Worth
£85k
↑ 5.0% YoY
Current Assets
£150k
↑ 47% YoY
Current Liabilities
—
Hover 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 |
|---|---|---|
| Total assets | £87.0k | £93.8k |
| Current assets | £150.3k | £102.3k |
| Cash | £38.8k | £39.8k |
| Debtors | £105.2k | £58.4k |
| Net assets | £85.3k | £81.2k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-03-31📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-12-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-11-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-12-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-12-22🔓Charge satisfied #2
- 2019-12-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-05-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-06-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-01-30🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2009-01-29🔓Charge satisfied #1
- 2007-11-27🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 2004-12-20🔒Charge registered #2Lender: London & County (Plymouth) Limited
- 2003-09-15➕BRUCE, Claire appointedsecretary
- 2003-09-15➖BRUCE, Lynne resignedsecretary
- 2003-09-15➖BRUCE, Lynne resigneddirector
- 2002-06-17🔒Charge registered #1Lender: National Westminster Bank PLC
- 2002-04-23🏢Company incorporatedAs AIR SOUTH WEST 2000 LIMITED
- 2002-04-23➕BRUCE, Nigel Alistair appointeddirector
- 2002-04-23➕BRUCE, Lynne appointedsecretary
- 2002-04-23➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-04-23➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2002-04-23➕BRUCE, Lynne appointeddirector
- 2002-04-23➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2002-04-23➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. 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 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nigel Alistair Bruce Individual · British · DOB 08/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/04/2017 |
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 · Professional services · TA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AIDOS ADVISORY LTD→ 14209943 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AJ RAEBURN LTD→ 17027573 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AJM ACCOUNTANCY & BOOKKEEPING LTD→ 07117778 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ALCHEMILLA ARCHITECTS LIMITED→ 06941902 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ALDERSON CONSULTING (BRISTOL) LTD→ 11357936 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALERION CONSULTING GROUP LTD→ 12294644 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALEX RAVELO DESIGN LTD→ 14668674 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALINSKY LIMITED→ 06556187 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ALLDEN ASSETS LIMITED→ 08286980 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ALLEGRA-CONSULT LTD→ 15457227 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLEN & ASSOCIATES CONSULTANCY LTD→ 11365824 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALLEN CONSTRUCTION CONSULTANCY LIMITED→ 07095163 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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
Incorporated2002-04-23
Jurisdictionengland-wales
Primary SIC77320 — Renting and leasing of construction and civil engineering machinery and equipment
Registered office
4 King Square
Bridgwater
Somerset
TA6 3YF
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23
Officers (2 active · 4 resigned)
Active
BRUCE, Nigel Alistair→
Activedirector · ~67y · appointed 2002-04-23
View their other companies + combined net worth →
BRUCE, Lynne→
Resignedsecretary · appointed 2002-04-23 · resigned 2003-09-15
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-04-23 · resigned 2002-04-23
BRUCE, Lynne→
Resigneddirector · ~63y · appointed 2002-04-23 · resigned 2003-09-15
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-04-23 · resigned 2002-04-23
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 30/01/2009 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 27/11/2007 | — | |
| satisfied | London & County (Plymouth) London & County (Plymouth) Limited | Rent deposit deed | 1 property | 20/12/2004 | 22/12/2020 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 17/06/2002 | 29/01/2009 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (69 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-25
change-person-secretary-company-with-change-date
officers · CH03
2026-03-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-12
mortgage-satisfy-charge-full
mortgage · MR04
2020-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-15