AIRSAFE ANALYTICAL LIMITED
🌳Matureactive
06600976 · ltd · incorporated 2008-05-22
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 May 2025
Net worth
£-32.2k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (85/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -97% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 16.3y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 7 with DOB)
86
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 · FRS 102Negative net assets
Liabilities exceed assets by £32,172
Very low cash
Cash position: £1
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1
↓ 97% YoY
Net Worth
-£32k
↑ 12% YoY
Current Assets
£50k
↑ 172% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £4.8k | £639 |
| Current assets | £50.3k | £18.5k |
| Cash | £1 | £36 |
| Debtors | £47.8k | £17.5k |
| Net assets | £-32.2k | £-36.4k |
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
12
filings
- • 7 persons-with-significant-control
- • 3 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2026-03-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-19📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2026-02-11➕WARREN, Richard Leslie appointeddirector
- 2026-02-11➖WARREN, Richard Leslie resigneddirector
- 2026-02-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-02-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-20➕WARREN, Richard Leslie appointeddirector
- 2024-02-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-02-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-13🔓Charge satisfied #2
- 2020-07-13🔓Charge satisfied #1
- 2016-05-06➖WARREN, Richard Leslie resigneddirector
- 2012-06-21🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2011-11-23➖AUSTEN, Kathryn Mary resignedsecretary
- 2011-11-23➖AUSTEN, Kathryn Mary resigneddirector
- 2011-11-23➕WARREN, Richard Leslie appointeddirector
- 2011-06-22➖WARREN, Richard Leslie resigneddirector
- 2010-04-08🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2010-03-05➕WARREN, Richard Leslie appointeddirector
- 2009-04-01➕AUSTEN, Kathryn Mary appointedsecretary
- 2009-04-01➖AUSTEN, Steve resignedsecretary
- 2009-04-01➕AUSTEN, Kathryn Mary appointeddirector
- 2009-04-01➖AUSTEN, Steven Peter resigneddirector
- 2008-07-01➕WREN, Richard James appointeddirector
- 2008-05-22🏢Company incorporatedAs AIRSAFE ANALYTICAL LIMITED
- 2008-05-22➕AUSTEN, Steve appointedsecretary
- 2008-05-22➕AUSTEN, Steven Peter appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
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 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard James Wren Individual · British · DOB 05/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/02/2026 |
Mrs Kathryn Mary Austen Individual · British · DOB 07/1958 · age 68 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/02/2026 |
3 historic (ceased) PSCs
- Mrs Kathryn Mary Austenceased 11/02/2026· 25-50% shares · 25-50% voting · board control
- Mrs Kathryn Mary Austenceased 11/02/2026· 25-50% shares
- Mr Richard James Wrenceased 11/02/2026· 25-50% shares
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 · Construction · GU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A JONES CONTRACTORS LTD→ 11346900 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADAPT PROPERTY SOLUTIONS LTD→ 12963821 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVANCED PRESERVATIONS LIMITED→ 05703119 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| AF LANDSCAPE AND DESIGN LTD→ 16499017 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AF SAFETY LIMITED→ 16273803 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AG ELECTRICAL CONTRACTORS LIMITED→ 13616313 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AG FLOOR SOLUTIONS LIMITED→ 10460226 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AGGREGATE-RECYCLING (SOUTHERN) LTD→ 13673034 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AIR ADVANCED LTD→ 11853242 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AIR DUCTS (SOUTHERN) LIMITED→ 02700330 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| AIR-MODIFICATION LIMITED→ 08352181 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AIRSAFE DEVELOPMENTS LTD→ 10096948 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2008-05-22
Jurisdictionengland-wales
Primary SIC43390 — Other building completion and finishing
Registered office
14 Normandy Street
Alton
GU34 1BX
England
Filing status
Accounts
Next due: 2027-02-27
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-02-24
Last: 2026-02-10
Officers (2 active · 7 resigned)
WARREN, Richard Leslie→
Activedirector · ~77y · appointed 2026-02-11
View their other companies + combined net worth →
WREN, Richard James→
Activedirector · ~44y · appointed 2008-07-01
View their other companies + combined net worth →
AUSTEN, Kathryn Mary→
Resignedsecretary · appointed 2009-04-01 · resigned 2011-11-23
AUSTEN, Steve→
Resignedsecretary · appointed 2008-05-22 · resigned 2009-04-01
AUSTEN, Kathryn Mary→
Resigneddirector · ~68y · appointed 2009-04-01 · resigned 2011-11-23
AUSTEN, Steven Peter→
Resigneddirector · ~72y · appointed 2008-05-22 · resigned 2009-04-01
WARREN, Richard Leslie→
Resigneddirector · ~77y · appointed 2025-01-20 · resigned 2026-02-11
WARREN, Richard Leslie→
Resigneddirector · ~77y · appointed 2011-11-23 · resigned 2016-05-06
WARREN, Richard Leslie→
Resigneddirector · ~77y · appointed 2010-03-05 · resigned 2011-06-22
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 21/06/2012 | 13/07/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 08/04/2010 | 13/07/2020 |
Recent filings (83 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-02-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-11
appoint-person-director-company-with-name-date
officers · AP01
2026-02-11
termination-director-company-with-name-termination-date
officers · TM01
2026-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
appoint-person-director-company-with-name-date
officers · AP01
2025-02-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-10