AIRSPACE SOLUTIONS.COM LIMITED

🌳Matureactive
05340047 · ltd · incorporated 2005-01-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£808.2k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -39% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 14.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 14.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £808,216
Cash YoY
-39%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£268k
↓ 39% YoY
Net Worth
£808k
↑ 5.2% YoY
Current Assets
£1.1m
↑ 5.4% YoY
Current Liabilities
—
£0£228k£455k£683k£911k£1.1mOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£847.2k£842.9k
Current assets£1.14M£1.08M
Cash£268.1k£440.2k
Debtors£612.3k£300.6k
Net assets£808.2k£767.9k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2021-04-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-04-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2020-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-07-12
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2019-07-12
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  13. 2019-07-11
    📄
    capital-allotment-shares
    capital · SH01
  14. 2018-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-10-06
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  17. 2005-01-24
    🏢
    Company incorporated
    As AIRSPACE SOLUTIONS.COM LIMITED
  18. 2005-01-24
    ➕
    GERRISH, Lesley Cristina appointed
    secretary
  19. 2005-01-24
    ➕
    GERRISH, Guy Morgan appointed
    director
  20. 2005-01-24
    ➕
    GERRISH, Lesley Cristina appointed
    director
  21. 2005-01-24
    ➕
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  22. 2005-01-24
    ➖
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  23. 2005-01-24
    ➕
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  24. 2005-01-24
    ➖
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
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 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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.)

Group structure

Just Air Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Just Air Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
AIRSPACE SOLUTIONS.COM LIMITED
This company · 05340047

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Just Air Holdings Ltd
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting18/11/2020
2 historic (ceased) PSCs
  • Mr Guy Morgan Gerrishceased 18/11/2020· 25-50% shares
  • Mrs Lesley Cristina Gerrishceased 18/11/2020· 25-50% 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 · Manufacturing · NP postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
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——
AIRLEASE AVIATION SERVICES LTD→
14455611 · est 2022 · no financials extracted
————3y——
AIRQUEE LIMITED→
03129324 · est 1995 · no financials extracted
————30y——
AIRSOLVE LIMITED→
08594849 · est 2013 · no financials extracted
————12y——
AJ TENSILE MANUFACTURING LIMITED→
10247897 · est 2016 · no financials extracted
————9y——
AJG SERVICES LTD→
13832430 · est 2022 · no financials extracted
————4y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2005-01-24
Jurisdictionengland-wales
Primary SIC22290 — SIC 22290

Registered office

Unit 17
Tafarnaubach Industrial Estate
Tafarnaubach, Tredegar
Gwent
NP22 3AA

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25

Officers (3 active · 2 resigned)

GERRISH, Lesley Cristina→
secretary · appointed 2005-01-24
View their other companies + combined net worth →
Active
GERRISH, Guy Morgan→
director · ~57y · appointed 2005-01-24
View their other companies + combined net worth →
Active
GERRISH, Lesley Cristina→
director · ~58y · appointed 2005-01-24
View their other companies + combined net worth →
Active
WATERLOW SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2005-01-24 · resigned 2005-01-24
Resigned
WATERLOW NOMINEES LIMITED→
corporate-nominee-director · appointed 2005-01-24 · resigned 2005-01-24
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property06/10/2011—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-19
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-04-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-04-01