AIRRADIO LIMITED

🌳Matureactive
06792964 · ltd · incorporated 2009-01-15
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 Oct 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 70). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 16.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 16.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 10 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees300300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2025-07-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-02-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-01-26
    ➖
    NORFIELD, Michael Stewart resigned
    director
  4. 2024-07-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-07-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-07-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2022-01-14
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  8. 2022-01-13
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2022-01-13
    📄
    memorandum-articles
    incorporation · MA
  10. 2022-01-12
    📄
    capital-name-of-class-of-shares
    capital · SH08
  11. 2021-10-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2021-10-28
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  13. 2021-07-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2020-10-21
    📄
    legacy
    capital · SH20
  15. 2020-10-21
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  16. 2020-10-21
    ⚠️
    legacy
    insolvency · CAP-SS
  17. 2020-10-15
    📄
    accounts-with-accounts-type-group
    accounts · AA
  18. 2020-10-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2020-10-07
    🔓
    Charge satisfied #1
  20. 2020-09-30
    📄
    capital-alter-shares-consolidation
    capital · SH02
  21. 2020-09-30
    📄
    memorandum-articles
    incorporation · MA
  22. 2020-09-15
    ➖
    THOMAS, Paul Henry Brace resigned
    director
  23. 2020-09-15
    🔒
    Charge registered #3
    Lender: Hsbc UK Bank PLC
  24. 2015-12-09
    ➕
    BURRIDGE, Peter Louis appointed
    director
  25. 2015-12-09
    ➖
    BURRIDGE, Peter Louis resigned
    director
  26. 2014-10-31
    ➖
    FRANKS, Paul Jonathan resigned
    director
  27. 2014-10-31
    ➕
    THOMAS, Paul Henry Brace appointed
    director
  28. 2014-02-25
    ➖
    TITLEY, Mitchell Cunningham resigned
    director
  29. 2013-07-17
    ➕
    TITLEY, Mitchell Cunningham appointed
    director
  30. 2013-07-17
    ➖
    TUPHOLME, Andrew Ian resigned
    director
  31. 2011-03-03
    ➖
    LAWRENCE, Kenneth William resigned
    director
  32. 2011-03-03
    ➕
    TUPHOLME, Andrew Ian appointed
    director
  33. 2010-04-24
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  34. 2010-04-24
    🔒
    Charge registered #1
    Lender: Barrington House Nominees Limited
  35. 2010-04-16
    ➕
    WILLIAMS, Philip appointed
    secretary
  36. 2010-04-16
    ➕
    WILLIAMS, Philip Edward appointed
    director
  37. 2010-04-16
    ➖
    HAMMONDS SECRETARIES LIMITED resigned
    corporate-secretary
  38. 2010-04-16
    ➕
    BURRIDGE, Peter Louis appointed
    director
  39. 2010-04-16
    ➖
    CROSSLEY, Peter Mortimer resigned
    director
  40. 2010-04-16
    ➕
    FRANKS, Paul Jonathan appointed
    director
  41. 2010-04-16
    ➕
    LAWRENCE, Kenneth William appointed
    director
  42. 2010-04-16
    ➕
    NORFIELD, Michael Stewart appointed
    director
  43. 2010-04-16
    ➖
    HAMMONDS DIRECTORS LIMITED resigned
    corporate-director
  44. 2009-01-15
    🏢
    Company incorporated
    As AIRRADIO LIMITED
  45. 2009-01-15
    ➕
    HAMMONDS SECRETARIES LIMITED appointed
    corporate-secretary
  46. 2009-01-15
    ➕
    CROSSLEY, Peter Mortimer appointed
    director
  47. 2009-01-15
    ➕
    HAMMONDS DIRECTORS LIMITED appointed
    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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

89/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 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 16 years.
  • secondaryStable-but-static management: Company is 17 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 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-10-21: legacy

Group structure

Ttg Global Solutions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ttg Global Solutions Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
AIRRADIO LIMITED
This company · 06792964

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ttg Global Solutions Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control15/09/2020
2 historic (ceased) PSCs
  • Sapia Partners Llpceased 15/09/2020· significant influence
  • Gresham Llpceased 24/12/2019· board control

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 · Holding company · DE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AJ TURNER LIMITED→
07675410 · est 2011 · no financials extracted
————14y——
ALFRETON PROPERTIES JJ HOLDINGS LTD→
14657685 · est 2023 · no financials extracted
————3y——
ALISON PARK MANAGEMENT COMPANY LIMITED→
15483875 · est 2024 · no financials extracted
————2y——
ALTERARES HOLDINGS LTD→
13833782 · est 2022 · no financials extracted
————4y——
ALYCIDON LIMITED→
09033896 · est 2014 · no financials extracted
————11y——
AM ACCOUNTS LTD→
05292485 · est 2004 · no financials extracted
————21y——
AMANDA GORDON LIMITED→
06267027 · est 2007 · no financials extracted
————18y——
AMIROS HOLDINGS LIMITED→
17040014 · est 2026 · no financials extracted
———————
AMUST4MUSIC HOLDINGS LIMITED→
11080801 · est 2017 · no financials extracted
————8y——
ANDREW POWELL LIMITED→
15791395 · est 2024 · no financials extracted
————1y——
ANGEL RIDGE (THREE) MANAGEMENT COMPANY LIMITED→
07001316 · est 2009 · no financials extracted
————16y——
ANSCOMBE LIMITED→
16979869 · est 2026 · no financials extracted
———————
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2009-01-15
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Field House
Uttoxeter Old Road
Derby
DE1 1NH

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-01-15
Last: 2026-01-01

Officers (3 active · 10 resigned)

WILLIAMS, Philip→
secretary · appointed 2010-04-16
View their other companies + combined net worth →
Active
BURRIDGE, Peter Louis→
director · ~70y · appointed 2015-12-09
View their other companies + combined net worth →
Active
WILLIAMS, Philip Edward→
director · ~58y · appointed 2010-04-16
View their other companies + combined net worth →
Active
HAMMONDS SECRETARIES LIMITED→
corporate-secretary · appointed 2009-01-15 · resigned 2010-04-16
Resigned
BURRIDGE, Peter Louis→
director · ~70y · appointed 2010-04-16 · resigned 2015-12-09
Resigned
CROSSLEY, Peter Mortimer→
director · ~69y · appointed 2009-01-15 · resigned 2010-04-16
Resigned
FRANKS, Paul Jonathan→
director · ~55y · appointed 2010-04-16 · resigned 2014-10-31
Resigned
LAWRENCE, Kenneth William→
director · ~68y · appointed 2010-04-16 · resigned 2011-03-03
Resigned
NORFIELD, Michael Stewart→
director · ~63y · appointed 2010-04-16 · resigned 2025-01-26
Resigned
THOMAS, Paul Henry Brace→
director · ~65y · appointed 2014-10-31 · resigned 2020-09-15
Resigned
TITLEY, Mitchell Cunningham→
director · ~54y · appointed 2013-07-17 · resigned 2014-02-25
Resigned
TUPHOLME, Andrew Ian→
director · ~57y · appointed 2011-03-03 · resigned 2013-07-17
Resigned
HAMMONDS DIRECTORS LIMITED→
corporate-director · appointed 2009-01-15 · resigned 2010-04-16
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge—15/09/2020—
outstanding
HSBC
Hsbc Bank PLC
Composite debenture1 property24/04/2010—
satisfied
Barrington House Nominees
Barrington House Nominees Limited
Debenture1 property24/04/201007/10/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (102 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-small
accounts · AA
2025-07-30
termination-director-company-with-name-termination-date
officers · TM01
2025-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
accounts-with-accounts-type-small
accounts · AA
2024-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-small
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-10
accounts-with-accounts-type-small
accounts · AA
2022-07-28
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-01-14
resolution
resolution · RESOLUTIONS
2022-01-13
memorandum-articles
incorporation · MA
2022-01-13
capital-name-of-class-of-shares
capital · SH08
2022-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-05
certificate-change-of-name-company
change-of-name · CERTNM
2021-10-28