AIRBOND LIMITED
💤Zombieactive
04601811 · ltd · incorporated 2002-11-27
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 Nov 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 28940
Sector: Manufacturing
ALSO REGISTERED FOR
- 28990SIC 28990
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (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 (73/100).
Data confidence
Overall: medium (71/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-02-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-04-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-21➕WATERS, Timothy Lloyd appointeddirector
- 2024-03-21➖WATERS, Graham Thomas resigneddirector
- 2023-03-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-03-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-08-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-03-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-02-09➖COMPANY SECRETARIES (WALES) LTD resignedcorporate-secretary
- 2017-02-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2002-11-27🏢Company incorporatedAs AIRBOND LIMITED
- 2002-11-27➕COMPANY SECRETARIES (WALES) LTD appointedcorporate-secretary
- 2002-11-27➕WATERS, Graham Thomas appointeddirector
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 Timothy Lloyd Waters Individual · British · DOB 10/1966 · age 60 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest | 21/03/2024 |
1 historic (ceased) PSC
- Mr Graham Thomas Watersceased 22/02/2024· significant influence
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 · Manufacturing · NP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 21 RUG STREET LTD→ 15367502 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABINGDON FLOORING LIMITED→ 04923718 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ABLE OFFICE FURNITURE LIMITED→ 05263073 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ACE PERFORMANCE CARS LIMITED→ 07799154 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADHESIVE BACKED MATERIALS LTD→ 04812637 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ADVANCED ELASTOMER SYSTEMS UNLIMITED→ 02512288 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| ADVANTA GROUP LIMITED→ 03932277 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| AETHER AEROSPACE LTD→ 14541439 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AFFORDABLE LEISURE UK LTD→ 05166532 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AIRFIELD LIGHTING SYSTEMS LIMITED→ 04757500 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AIRLEASE AVIATION SERVICES LTD→ 14455611 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AIRQUEE LIMITED→ 03129324 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
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
Incorporated2002-11-27
Jurisdictionengland-wales
Primary SIC28940 — SIC 28940
Registered office
Severn House
Hazell Drive
Newport
NP10 8FY
Wales
Filing status
Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26
Officers (1 active · 2 resigned)
WATERS, Timothy Lloyd→
Activedirector · ~60y · appointed 2024-03-21
View their other companies + combined net worth →
COMPANY SECRETARIES (WALES) LTD→
Resignedcorporate-secretary · appointed 2002-11-27 · resigned 2017-02-09
WATERS, Graham Thomas→
Resigneddirector · ~86y · appointed 2002-11-27 · resigned 2024-03-21
Click a director name to see their full track record across all companies.
Recent filings (60 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-10
accounts-with-accounts-type-dormant
accounts · AA
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-26
accounts-with-accounts-type-dormant
accounts · AA
2024-04-25
termination-director-company-with-name-termination-date
officers · TM01
2024-04-23
appoint-person-director-company-with-name-date
officers · AP01
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
accounts-with-accounts-type-dormant
accounts · AA
2023-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-dormant
accounts · AA
2022-03-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01