ADVANCED AIR SYSTEMS LIMITED

🌳Matureactive
06625224 · ltd · incorporated 2008-06-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 46620
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
51 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Average employees600600

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
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-11
    ZEUFACK, Amanda Jane appointed
    director
  2. 2026-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-01-13
    NEESHAM, Kathryn Lesley appointed
    director
  5. 2025-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-01-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2023-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-04-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-11-11
    📄
    capital-allotment-shares
    capital · SH01
  14. 2019-11-11
    📄
    capital-name-of-class-of-shares
    capital · SH08
  15. 2019-11-11
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  16. 2019-11-11
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2019-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2019-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-08-14
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  20. 2009-06-24
    NEESHAM, Andrew resigned
    secretary
  21. 2008-06-20
    🏢
    Company incorporated
    As ADVANCED AIR SYSTEMS LIMITED
  22. 2008-06-20
    NEESHAM, Kathryn Lesley appointed
    secretary
  23. 2008-06-20
    NEESHAM, Andrew appointed
    director
  24. 2008-06-20
    NEESHAM, Andrew appointed
    secretary
  25. 2008-06-20
    INSTANT COMPANIES LIMITED appointed
    corporate-director
  26. 2008-06-20
    INSTANT COMPANIES LIMITED resigned
    corporate-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • 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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Neesham
Individual · United Kingdom · DOB 08/1964 · age 62
75100%
board control75-100% shares · board control06/04/2016
Mrs Kathryn Lesley Neesham
Individual · British · DOB 04/1954 · age 72
2550%
25–50%25-50% shares · 25-50% voting15/01/2024

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 →

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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
Incorporated2008-06-20
Jurisdictionengland-wales
Primary SIC46620 — SIC 46620

Registered office

Unit 5 East Side
Northumberland Avenue
Hull
HU2 0LN
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09

Officers (4 active · 2 resigned)

NEESHAM, Kathryn Lesley
secretary · appointed 2008-06-20
View their other companies + combined net worth →
Active
NEESHAM, Andrew
director · ~62y · appointed 2008-06-20
View their other companies + combined net worth →
Active
NEESHAM, Kathryn Lesley
director · ~72y · appointed 2026-01-13
View their other companies + combined net worth →
Active
ZEUFACK, Amanda Jane
director · ~54y · appointed 2026-02-11
View their other companies + combined net worth →
Active
NEESHAM, Andrew
secretary · appointed 2008-06-20 · resigned 2009-06-24
Resigned
INSTANT COMPANIES LIMITED
corporate-director · appointed 2008-06-20 · resigned 2008-06-20
Resigned

Click a director name to see their full track record across all companies.

Recent filings (51 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-02-11
appoint-person-director-company-with-name-date
officers · AP01
2026-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-22