AIR SEATING LIMITED
🌳Matureactive
06323016 · ltd · incorporated 2007-07-25
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£954.6k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Manufacture of office and shop furniture
Sector: Manufacturing
Investor take
PursueActive trading company with a 63-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 6 lenders · oldest 18.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 18.6 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
77
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 £954,570
Cash YoY
-11%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£973k
↓ 11% YoY
Net Worth
£955k
~ YoY
Current Assets
£3.6m
↓ 3.3% YoY
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 | 2024-02-29 |
|---|---|---|
| Total assets | £954.6k | £953.9k |
| Current assets | £3.57M | £3.70M |
| Cash | £972.6k | £1.09M |
| Debtors | £1.87M | £1.96M |
| Net assets | £954.6k | £953.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
1
filing
- • 1 officers
Last 180 days
5
filings
- • 3 officers
- • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-03-31📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-02-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-09🔓Charge satisfied #1
- 2024-07-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-12🔓Charge satisfied #2
- 2024-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-20➖EVANS, Anthony Richard Wilson resigneddirector
- 2023-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-08-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-08🔒Charge registered #7Lender: Lloyds Bank PLC
- 2023-08-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-31🔒Charge registered #6Lender: Lloyds Bank PLC
- 2023-07-28➖ARROWSMITH, Marcus John resigneddirector
- 2023-07-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-28🔓Charge satisfied #4
- 2022-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-10-31🔒Charge registered #5Lender: Lisa Jayne Rowley
- 2011-10-31🔒Charge registered #4Lender: Marcus John Arrowsmith
- 2011-10-31🔒Charge registered #3Lender: David Wood
- 2011-10-31🔒Charge registered #2Lender: Anthony Richard Wilson Evans
- 2009-05-18➕WOOD, David James Thomas appointeddirector
- 2007-10-26🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2007-07-25🏢Company incorporatedAs AIR SEATING LIMITED
- 2007-07-25➕ROWLEY, Lisa Jayne appointedsecretary
- 2007-07-25➕ROWLEY, Lisa Jayne appointeddirector
- 2007-07-25➕ARROWSMITH, Marcus John appointeddirector
- 2007-07-25➕EVANS, Anthony Richard Wilson appointeddirector
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
- +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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Lisa Jayne Rowley Individual · British · DOB 04/1963 · age 63 | — | — | sig. influencesignificant influence | 27/07/2016 |
Mr David Wood Individual · British · DOB 12/1973 · age 53 | — | — | sig. influencesignificant influence | 27/07/2016 |
2 historic (ceased) PSCs
- Mr Anthony Evansceased 20/06/2024· significant influence
- Mr Marcus John Arrowsmithceased 28/07/2023· significant influence
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 · DY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 7SOAPS LTD→ 15108314 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A & J INNOVATIONS LTD→ 07625793 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| A.B. FAN SERVICES LIMITED→ 05147594 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ABC MARINE SERVICES LIMITED→ 06682691 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ABZI AUDIO ENGINEERING LTD→ 16796429 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACCUGRIND LTD→ 10885300 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADVANCED PRE-FAB SOLUTIONS LTD→ 12148902 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADVANCED SEALS AND GASKETS LIMITED→ 03265619 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| AERAULIQA (UK) LIMITED→ 07856731 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AIR (VENTILATION) DESIGNS LIMITED→ 01224789 · est 1975 · no financials extracted | — | — | — | — | 50y | — | — |
| AIR SEATING (HOLDINGS) LIMITED→ 09818503 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AIRA GEMS LTD→ 16584022 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2007-07-25
Jurisdictionengland-wales
Primary SIC31010 — Manufacture of office and shop furniture
Registered office
Unit 3 High Street Lenches Bridge
Pensnett
Kingswinford
West Midlands
DY6 8XB
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-08-08
Last: 2025-07-25
Officers (3 active · 2 resigned)
ROWLEY, Lisa Jayne→
Activesecretary · appointed 2007-07-25
View their other companies + combined net worth →
ROWLEY, Lisa Jayne→
Activedirector · ~63y · appointed 2007-07-25
View their other companies + combined net worth →
WOOD, David James Thomas→
Activedirector · ~53y · appointed 2009-05-18
View their other companies + combined net worth →
ARROWSMITH, Marcus John→
Resigneddirector · ~60y · appointed 2007-07-25 · resigned 2023-07-28
EVANS, Anthony Richard Wilson→
Resigneddirector · ~60y · appointed 2007-07-25 · resigned 2024-06-20
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 08/08/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 31/07/2023 | — | |
| outstanding | Lisa Jayne Rowley | Debenture | 1 property | 31/10/2011 | — | |
| satisfied | Marcus John Arrowsmith | Debenture | 1 property | 31/10/2011 | 28/07/2023 | |
| outstanding | David Wood | Debenture | 1 property | 31/10/2011 | — | |
| satisfied | Anthony Richard Wilson Evans | Debenture | 1 property | 31/10/2011 | 12/07/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 26/10/2007 | 09/06/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (71 total)
change-person-secretary-company-with-change-date
officers · CH03
2026-03-31
change-person-director-company-with-change-date
officers · CH01
2026-02-09
change-person-director-company-with-change-date
officers · CH01
2026-02-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-22
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
termination-director-company-with-name-termination-date
officers · TM01
2024-07-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-21