AIRE LOGIC LIMITED
🌳Matureactive
06233174 · ltd · incorporated 2007-05-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
£42.25M
year to May 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
PursueStrong opportunity: conservative operator with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (88/100).
🏦
Refinance opportunity
1 live charge · oldest 4.1y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.1 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (69/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
Network not yet resolved
30
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →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
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £4,939,443
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-05-31 |
|---|---|
| Turnover | £42.25M |
| Gross profit | £9.59M |
| Profit before tax | £4.94M |
| Average employees | 24900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 signals 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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-03-04📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-29📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-07📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-26📄capital-alter-shares-subdivisioncapital · SH02
- 2022-09-26📄capital-alter-shares-subdivisioncapital · SH02
- 2022-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-10🔒Charge registered #1Lender: Michael Kristian Odling-Smee and Joseph Samuel Waller
- 2022-05-24📄accounts-with-accounts-type-fullaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-11📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-11📄change-person-director-company-with-change-dateofficers · CH01
- 2020-05-11📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-05-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-03-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2007-07-05➕ODLING-SMEE, Michael Kristian appointeddirector
- 2007-06-04➕GUILDING, Katherine appointedsecretary
- 2007-06-04➕WALLER, Joseph Samuel appointeddirector
- 2007-06-04➖DUPORT SECRETARY LIMITED resignedcorporate-nominee-secretary
- 2007-06-04➖DUPORT DIRECTOR LIMITED resignedcorporate-nominee-director
- 2007-05-01🏢Company incorporatedAs AIRE LOGIC LIMITED
- 2007-05-01➕DUPORT SECRETARY LIMITED appointedcorporate-nominee-secretary
- 2007-05-01➕DUPORT DIRECTOR LIMITED appointedcorporate-nominee-director
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Aire Logic Eot Limited holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Aire Logic Eot Limited
Corporate parent · holds 50-75% shares
⬇
AIRE LOGIC LIMITED
This company · 06233174
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aire Logic Eot Limited Corporate entity | 50–75% | — | 50-75% shares | 13/05/2022 |
2 historic (ceased) PSCs
- Mr Michael Kristian Odling-Smeeceased 13/05/2022· 25-50% shares · 25-50% voting
- Mr Joseph Samuel Wallerceased 13/05/2022· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| ACUMEN SYSTEMS LIMITED→ 10262184 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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| AGILE CODERS LTD→ 11017919 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AI TALENT HUB LTD→ 16848833 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIE NETWORKS LIMITED→ 14852788 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AIRE GLOBAL GROUP LIMITED→ 11254539 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AIRESTREAM LTD→ 16987565 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AIRPAY GLOBAL LIMITED→ 11824264 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AIRPORTNET LIMITED→ 03753727 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| AIRTIME AVIATION SOFTWARE LIMITED→ 15711200 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AISCALE LTD→ 15437906 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2007-05-01
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
Aireside House
Aire Street
Leeds
LS1 4HT
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20
Officers (3 active · 2 resigned)
GUILDING, Katherine→
Activesecretary · appointed 2007-06-04
View their other companies + combined net worth →
ODLING-SMEE, Michael Kristian→
Activedirector · ~53y · appointed 2007-07-05
View their other companies + combined net worth →
WALLER, Joseph Samuel→
Activedirector · ~51y · appointed 2007-06-04
View their other companies + combined net worth →
DUPORT SECRETARY LIMITED→
Resignedcorporate-nominee-secretary · appointed 2007-05-01 · resigned 2007-06-04
DUPORT DIRECTOR LIMITED→
Resignedcorporate-nominee-director · appointed 2007-05-01 · resigned 2007-06-04
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Michael Kristian Odling-Smee and Joseph Samuel Waller | A registered charge | 1 property | 10/06/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (70 total)
accounts-with-accounts-type-full
accounts · AA
2026-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-full
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-09
accounts-with-accounts-type-full
accounts · AA
2022-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-09-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-27
capital-alter-shares-subdivision
capital · SH02
2022-09-26
capital-alter-shares-subdivision
capital · SH02
2022-09-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-21