AIR & POWER SERVICES LTD

💤Zombieactive
04607635 · ltd · incorporated 2002-12-03
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 Dec 2024
Net worth
£58.9k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). 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 (75/100)

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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £58,899
Net assets shrinking
Down £9,932 YoY
Cash YoY
+29%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£49k
↑ 29% YoY
Net Worth
£59k
↓ 14% YoY
Current Assets
£85k
↑ 11% YoY
Current Liabilities
£0£17k£34k£51k£68k£85kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£59.9k£70.2k
Current assets£84.5k£76.1k
Cash£49.5k£38.5k
Debtors£35.0k£37.6k
Net assets£58.9k£68.8k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-12-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-12-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-12-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2025-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-01-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2021-01-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2002-12-03
    🏢
    Company incorporated
    As AIR & POWER SERVICES LTD
  19. 2002-12-03
    BLAND, Susan appointed
    secretary
  20. 2002-12-03
    BLAND, Jeremy Roger appointed
    director
  21. 2002-12-03
    @UKPLC CLIENT SECRETARY LTD appointed
    corporate-nominee-secretary
  22. 2002-12-03
    @UKPLC CLIENT SECRETARY LTD resigned
    corporate-nominee-secretary
  23. 2002-12-03
    @UKPLC CLIENT DIRECTOR LTD appointed
    corporate-nominee-director
  24. 2002-12-03
    @UKPLC CLIENT DIRECTOR LTD resigned
    corporate-nominee-director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jeremy Roger Bland
Individual · British · DOB 07/1965 · age 61
75100%
75-100% shares06/04/2016

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

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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
Incorporated2002-12-03
Jurisdictionengland-wales
Primary SIC33120 — Repair of machinery

Registered office

6 The Flats Organford Road
Holton Heath
Poole
Dorset
BH16 6JY
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03

Officers (2 active · 2 resigned)

BLAND, Susan
secretary · appointed 2002-12-03
View their other companies + combined net worth →
Active
BLAND, Jeremy Roger
director · ~61y · appointed 2002-12-03
View their other companies + combined net worth →
Active
@UKPLC CLIENT SECRETARY LTD
corporate-nominee-secretary · appointed 2002-12-03 · resigned 2002-12-03
Resigned
@UKPLC CLIENT DIRECTOR LTD
corporate-nominee-director · appointed 2002-12-03 · resigned 2002-12-03
Resigned

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

Recent filings (62 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-15
change-person-director-company-with-change-date
officers · CH01
2025-12-15
change-person-director-company-with-change-date
officers · CH01
2025-12-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-15
change-person-secretary-company-with-change-date
officers · CH03
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06