AIRHALL LIMITED

💤Zombieactive

04533526 · ltd · incorporated 2002-09-12

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 Apr 2025

Net worth

£201.7k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Asset-holding vehicle with a 83-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 83). 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 (73/100).

Data confidence

Overall: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

12 officers (2 active, 12 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

89 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £201,731

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£202k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£201.7k	£201.7k
Net assets	£201.7k	£201.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2026-01-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-08-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-06-28
📄
change-person-director-company-with-change-date
officers · CH01
2017-06-28
📄
change-person-secretary-company-with-change-date
officers · CH03
2017-06-28
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2016-06-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-06-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2015-08-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-31
➕
WATKINS, John Michael appointed
secretary
2015-03-31
➕
WATKINS, John Michael appointed
director
2015-03-31
➖
MULLINS, Sylvia resigned
secretary
2015-03-31
➖
MULLINS, John Charles resigned
director
2004-06-16
➕
MULLINS, Sylvia appointed
secretary
2004-06-16
➖
WEATHERBY, Anne Catherine resigned
secretary
2004-06-16
➖
JONES, Anthony Emerson resigned
director
2004-06-16
➖
JONES, Mark Emerson resigned
director
2004-06-16
➖
JONES, Peter Emerson resigned
director
2004-06-16
➕
MULLINS, John Charles appointed
director
2004-05-20
➖
BROOKE, Gordon resigned
secretary
2004-05-20
➕
WEATHERBY, Anne Catherine appointed
secretary
2003-03-07
➖
SCHULER, Martin Alexander resigned
director
2003-02-14
➕
JONES, Anthony Emerson appointed
director
2003-02-14
➕
JONES, Mark Emerson appointed
director
2002-11-05
➕
JONES, Peter Emerson appointed
director
2002-11-04
➕
BROOKE, Gordon appointed
secretary
2002-11-04
➖
SAME-DAY COMPANY SERVICES LIMITED resigned
corporate-nominee-secretary
2002-11-04
➕
SCHULER, Martin Alexander appointed
director
2002-11-04
➖
WILDMAN & BATTELL LIMITED resigned
corporate-nominee-director
2002-09-12
🏢
Company incorporated
As AIRHALL LIMITED
2002-09-12
➕
SAME-DAY COMPANY SERVICES LIMITED appointed
corporate-nominee-secretary
2002-09-12
➕
WILDMAN & BATTELL LIMITED appointed
corporate-nominee-director

Owner dependency

90/100

Critical — business is the founder

The 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.
+Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
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.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No 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

Name	Shares	Voting rights	Nature of control	Notified
Mr John Watkins Individual · British · DOB 12/1943 · age 83	—	—	sig. influencesignificant influence	17/06/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · TR postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
3D LAND SURVEYS LTD→ 05887231 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
A & M CONSTRUCTION SW LTD→ 13948349 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
A CONSTRUCTION LIMITED→ 10775329 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
A J FRANCIS BUILDING CONTRACTORS LTD→ 13278857 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
A JOBE CONSTRUCTION LIMITED→ 08251792 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
A. MANDLEY FENCING LTD→ 15326871 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
A&J CORNWALL PROPERTIES LIMITED→ 13461587 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ABC SCAFFOLDING HIRE LIMITED→ 07322476 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
ABDEL AZIZ HOLDING GROUP LIMITED→ 14533529 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ADMIRE CONSTRUCTION LTD→ 12012420 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ADRIAN PUNTER CONSTRUCTION LIMITED→ 05374719 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
AISLET LTD→ 04088052 · est 2000 · no financials extracted	—	—	—	—	25y	—	—

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

Incorporated2002-09-12

Jurisdictionengland-wales

Primary SIC41100 — Development of building projects

Registered office

25 Lemon Street

Truro

Cornwall

TR1 2LS

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-07-01

Last: 2025-06-17

Officers (2 active · 10 resigned)

WATKINS, John Michael→

secretary · appointed 2015-03-31

View their other companies + combined net worth →

Active

WATKINS, John Michael→

director · ~83y · appointed 2015-03-31

View their other companies + combined net worth →

Active

BROOKE, Gordon→

secretary · appointed 2002-11-04 · resigned 2004-05-20

Resigned

MULLINS, Sylvia→

secretary · appointed 2004-06-16 · resigned 2015-03-31

Resigned

WEATHERBY, Anne Catherine→

secretary · appointed 2004-05-20 · resigned 2004-06-16

Resigned

SAME-DAY COMPANY SERVICES LIMITED→

corporate-nominee-secretary · appointed 2002-09-12 · resigned 2002-11-04

Resigned

JONES, Anthony Emerson→

director · ~59y · appointed 2003-02-14 · resigned 2004-06-16

Resigned

JONES, Mark Emerson→

director · ~62y · appointed 2003-02-14 · resigned 2004-06-16

Resigned

JONES, Peter Emerson→

director · ~91y · appointed 2002-11-05 · resigned 2004-06-16

Resigned

MULLINS, John Charles→

director · ~73y · appointed 2004-06-16 · resigned 2015-03-31

Resigned

SCHULER, Martin Alexander→

director · ~81y · appointed 2002-11-04 · resigned 2003-03-07

Resigned

WILDMAN & BATTELL LIMITED→

corporate-nominee-director · appointed 2002-09-12 · resigned 2002-11-04

Resigned

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