GRYPHON AIR LIMITED

💤Zombieactive
05651364 · ltd · incorporated 2005-12-12
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 Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 51102
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 51210SIC 51210
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). 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, 2 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
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 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

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
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-12-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-12-16
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  5. 2024-12-16
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  6. 2024-12-16
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  7. 2024-12-16
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  8. 2024-12-16
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  9. 2024-12-16
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  10. 2024-12-16
    📍
    change-sail-address-company-with-new-address
    address · AD02
  11. 2024-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2024-12-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-11-30
    ➖
    DOULL, David William resigned
    director
  16. 2024-01-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2023-09-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2022-03-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2021-01-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2020-02-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2012-02-26
    ➖
    MOSTERT, Lodewicus Christian resigned
    director
  22. 2010-03-01
    ➕
    MOSTERT, Lodewicus Christian appointed
    director
  23. 2008-05-31
    ➖
    ALLEN, Nicholas David resigned
    director
  24. 2008-05-31
    ➖
    WILSON-CROOME, Dougal Wilson resigned
    director
  25. 2008-01-11
    ➕
    DOULL, David William appointed
    director
  26. 2006-12-17
    ➕
    ALLEN, Nicholas David appointed
    director
  27. 2005-12-12
    🏢
    Company incorporated
    As GRYPHON AIR LIMITED
  28. 2005-12-12
    ➕
    WILSON-CROOME, Dougal Wilson appointed
    secretary
  29. 2005-12-12
    ➕
    SHEARING, James Andrew appointed
    director
  30. 2005-12-12
    ➕
    OCS CORPORATE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  31. 2005-12-12
    ➖
    OCS CORPORATE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  32. 2005-12-12
    ➕
    WILSON-CROOME, Dougal Wilson appointed
    director
  33. 2005-12-12
    ➕
    OCS DIRECTORS LIMITED appointed
    corporate-nominee-director
  34. 2005-12-12
    ➖
    OCS DIRECTORS LIMITED 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 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — 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 59. 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 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Dougal Wilson Wilson-Croome
Individual · British · DOB 03/1955 · age 71
25–50%
—25-50% shares30/06/2016
Mr James Andrew Shearing
Individual · British · DOB 06/1967 · age 59
——sig. influencesignificant influence30/06/2016

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
Incorporated2005-12-12
Jurisdictionengland-wales
Primary SIC51102 — SIC 51102

Registered office

Pearmain House
Iwerne Minster
Blandford Forum
DT11 8LW
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12

Officers (2 active · 6 resigned)

WILSON-CROOME, Dougal Wilson→
secretary · appointed 2005-12-12
View their other companies + combined net worth →
Active
SHEARING, James Andrew→
director · ~59y · appointed 2005-12-12
View their other companies + combined net worth →
Active
OCS CORPORATE SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2005-12-12 · resigned 2005-12-12
Resigned
ALLEN, Nicholas David→
director · ~52y · appointed 2006-12-17 · resigned 2008-05-31
Resigned
DOULL, David William→
director · ~51y · appointed 2008-01-11 · resigned 2024-11-30
Resigned
MOSTERT, Lodewicus Christian→
director · ~67y · appointed 2010-03-01 · resigned 2012-02-26
Resigned
WILSON-CROOME, Dougal Wilson→
director · ~71y · appointed 2005-12-12 · resigned 2008-05-31
Resigned
OCS DIRECTORS LIMITED→
corporate-nominee-director · appointed 2005-12-12 · resigned 2005-12-12
Resigned

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

Recent filings (73 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-02
accounts-with-accounts-type-dormant
accounts · AA
2025-01-19
move-registers-to-sail-company-with-new-address
address · AD03
2024-12-16
change-sail-address-company-with-old-address-new-address
address · AD02
2024-12-16
change-sail-address-company-with-old-address-new-address
address · AD02
2024-12-16
move-registers-to-sail-company-with-new-address
address · AD03
2024-12-16
change-sail-address-company-with-old-address-new-address
address · AD02
2024-12-16
move-registers-to-sail-company-with-new-address
address · AD03
2024-12-16
change-sail-address-company-with-new-address
address · AD02
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-15
change-person-director-company-with-change-date
officers · CH01
2024-12-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-15
change-person-director-company-with-change-date
officers · CH01
2024-12-12