ADVANCED AIRFLOW SOLUTIONS LIMITED
💤Zombieactive
05697880 · ltd · incorporated 2006-02-04
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 Feb 2025
Net worth
£145.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. 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 (58/100).
🏦
Refinance opportunity
1 live charge · oldest 8.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £145,911
Key financials
2 years extracted from filed iXBRL accountsCash
£69k
Net Worth
£146k
Current Assets
£251k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £149.9k | — |
| Current assets | £250.7k | — |
| Cash | £69.3k | — |
| Debtors | £181.4k | — |
| Net assets | £145.9k | — |
| Average employees | — | 200 |
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 (25 events)Click to expand
- 2025-12-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-14🔓Charge satisfied #1
- 2024-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-09-21➖LEES, Ian Kenneth resigneddirector
- 2024-09-20➕LEES, Richard Ian appointeddirector
- 2024-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-24🔒Charge registered #1Lender: Rbs Invioce Finance LTD
- 2006-02-04🏢Company incorporatedAs ADVANCED AIRFLOW SOLUTIONS LIMITED
- 2006-02-04➕LEES, Richard Ian appointedsecretary
- 2006-02-04➕LEES, Ian Kenneth appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Kenneth Lees Individual · British · DOB 07/1951 · age 75 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mr Richard Ian Lees Individual · British · DOB 12/1985 · age 41 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 · Trade services · OL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J K ALL UK TIPPLER CLUB LIMITED→ 15778628 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A. HOLDEN & SON (LITTLEBOROUGH) LIMITED→ 00804390 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| A.E. DIXON & SON LIMITED→ 00329884 · est 1937 · no financials extracted | — | — | — | — | 88y | — | — |
| A&J’S VENTURES LTD→ 16288925 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCESSORY LINE UK LTD→ 09344177 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACTFAST DRAIN SERVICES LTD→ 06664303 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ADAM BARBER TODMORDEN LIMITED→ 16861005 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAM'S BARBER (ASHTON) LIMITED→ 15569995 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAMS CUT LTD→ 14071453 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADEPT ALL IN ONE LTD→ 12191428 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADVANCE FITNESS SOLUTIONS LIMITED→ 07672488 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADVANCED SECURITY SYSTEMS UK LTD.→ 03513580 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
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
Incorporated2006-02-04
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
43 High Street
Uppermill
Oldham
Greater Manchester
OL3 6HS
England
Filing status
Accounts
Next due: 2026-11-27
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04
Officers (2 active · 1 resigned)
Active
LEES, Richard Ian→
Activedirector · ~41y · appointed 2024-09-20
View their other companies + combined net worth →
LEES, Ian Kenneth→
Resigneddirector · ~75y · appointed 2006-02-04 · resigned 2024-09-21
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | NatWest Group Rbs Invioce Finance LTD | A registered charge | — | 24/11/2017 | 14/11/2025 |
Recent filings (61 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-26
appoint-person-director-company-with-name-date
officers · AP01
2024-10-10
termination-director-company-with-name-termination-date
officers · TM01
2024-10-09
change-person-secretary-company-with-change-date
officers · CH03
2024-10-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-07
change-person-director-company-with-change-date
officers · CH01
2024-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05