AIR TECH TESTING LIMITED
🌳Matureactive
06268642 · ltd · incorporated 2007-06-04
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 6.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£64.2k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: property-backed borrower with exceptional profile and bankable structure.
Opportunity 83/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 6.7y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
57 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
83/100Exceptional
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
85
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 declaredPositive net assets
Net assets £64,211
Net assets shrinking
Down £23,212 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£64k
↓ 27% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £64.2k | £270.0k |
| Net assets | £64.2k | £87.4k |
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 (26 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-11➕WHARTON, Adrian Patrick appointeddirector
- 2025-03-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-15➕WHARTON, Adrian Patrick appointedsecretary
- 2021-12-15➖WHARTON, Adrian Patrick resigneddirector
- 2021-12-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-15📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-12-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-30➕WHARTON, Adrian Patrick appointeddirector
- 2021-11-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-06-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-11-26🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2019-02-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2009-11-06➖WINSOR, Vanessa Louise resignedsecretary
- 2007-06-04🏢Company incorporatedAs AIR TECH TESTING LIMITED
- 2007-06-04➕MCCORMICK, Michael Thomas appointeddirector
- 2007-06-04➕WHARTON, Mark Aaron appointeddirector
- 2007-06-04➕WINSOR, Vanessa Louise appointedsecretary
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
53/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondary12+ year tenure: Director in role 19 years.
- 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.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Aaron Wharton Individual · British · DOB 07/1967 · age 59 | 50–75% | — | 50-75% 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 · Property · SO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&B UK PROPERTIES LTD→ 13901883 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AC DEVELOPMENTS HAMPSHIRE LTD→ 15109666 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACER ASSET INVESTMENTS LIMITED→ 12998225 · est 2020 | — | — | — | 0 | 5y | — | — |
| ADDISON ESTATE AGENTS LIMITED→ 15825658 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADS UK-PROPERTIES LTD→ 15471922 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AESTHETIC HOUSE LIMITED→ 13269388 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AGENTDOUBLE LIMITED→ 02584435 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| AGILE ICT PROPERTY HOLDINGS LIMITED→ 06600695 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AION KAIROS LTD→ 15185046 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AJ HOUSING SOLUTIONS LTD→ 15488685 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AJBFA PROPERTY LTD→ 16790366 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJF PROPERTY LIMITED→ 11236386 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2007-06-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
77 The Avenue
Southampton
SO17 1XR
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21
Officers (4 active · 2 resigned)
WHARTON, Adrian Patrick→
Activesecretary · appointed 2021-12-15
View their other companies + combined net worth →
MCCORMICK, Michael Thomas→
Activedirector · ~60y · appointed 2007-06-04
View their other companies + combined net worth →
WHARTON, Adrian Patrick→
Activedirector · ~61y · appointed 2025-03-11
View their other companies + combined net worth →
WHARTON, Mark Aaron→
Activedirector · ~59y · appointed 2007-06-04
View their other companies + combined net worth →
WINSOR, Vanessa Louise→
Resignedsecretary · appointed 2007-06-04 · resigned 2009-11-06
WHARTON, Adrian Patrick→
Resigneddirector · ~61y · appointed 2021-11-30 · resigned 2021-12-15
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 | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 26/11/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (57 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-17
appoint-person-director-company-with-name-date
officers · AP01
2025-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-15
appoint-person-secretary-company-with-name-date
officers · AP03
2021-12-15
termination-director-company-with-name-termination-date
officers · TM01
2021-12-15
appoint-person-director-company-with-name-date
officers · AP01
2021-11-30