AIS COVERTHERM LTD
🌳Matureactive
06830762 · ltd · incorporated 2009-02-26
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
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 13950
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 11.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 11.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
80 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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (36 events)Click to expand
- 2025-09-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-12🔒Charge registered #3Lender: Barclays Bank PLC (As Security Agent)
- 2025-03-25📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-15📄memorandum-articlesincorporation · MA
- 2024-08-15📄resolutionresolution · RESOLUTIONS
- 2024-08-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-13🔓Charge satisfied #1
- 2024-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-08🔒Charge registered #2Lender: Barclays Bank PLC
- 2024-03-13📄accounts-with-accounts-type-smallaccounts · AA
- 2023-03-22📄accounts-with-accounts-type-smallaccounts · AA
- 2022-03-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-01-25📄accounts-with-accounts-type-fullaccounts · AA
- 2021-07-30📄resolutionresolution · RESOLUTIONS
- 2021-06-03📄accounts-with-accounts-type-smallaccounts · AA
- 2020-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-02-26📄accounts-with-accounts-type-smallaccounts · AA
- 2019-09-30➖KENDRICK, Paul Derek resigneddirector
- 2017-04-18➕KING, Andrew Mark appointeddirector
- 2016-11-30➕BENNION, Andrew David appointedsecretary
- 2016-11-30➖SWEENEY, Andrew resignedsecretary
- 2016-11-30➖SWEENEY, Andrew Jonathan resigneddirector
- 2015-05-07➕BENNION, Andrew David appointeddirector
- 2015-05-07➕SWEENEY, Andrew appointedsecretary
- 2015-05-07➖HARRISON, Sean Miles resigneddirector
- 2015-05-07➕SWEENEY, Andrew Jonathan appointeddirector
- 2015-05-07🔒Charge registered #1Lender: Santander UK PLC
- 2014-02-28➖STRAW, Kelly Margaret resigneddirector
- 2009-10-29➕KENDRICK, Paul Derek appointeddirector
- 2009-10-29➕STRAW, Kelly Margaret appointeddirector
- 2009-02-26🏢Company incorporatedAs AIS COVERTHERM LTD
- 2009-02-26➕HARRISON, Sean Miles appointeddirector
Owner dependency
66/100
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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Advanced Innergy Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Advanced Innergy Limited
Corporate parent · holds 75-100% shares
⬇
AIS COVERTHERM LTD
This company · 06830762
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Advanced Innergy Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
5 historic (ceased) PSCs
- Growth Capital Partners Gp Limitedceased 26/06/2017· 25-50% shares · 25-50% voting
- Advanced Insulation Group Limitedceased 06/04/2016· 75-100% shares · 75-100% voting
- Advanced Insulation Holdings Limitedceased 06/04/2016· 75-100% shares · 75-100% voting
- Mr Nicholas John Walter Parsonsceased 06/04/2016· 25-50% shares · 25-50% voting · trust interest
- Growth Capital Partners Llpceased 06/04/2016· 25-50% shares · 25-50% voting
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
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|---|---|---|---|---|---|---|---|
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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
Incorporated2009-02-26
Jurisdictionengland-wales
Primary SIC13950 — SIC 13950
Registered office
Unit E Quedgeley West Business Park
Bristol Road
Gloucester
Gloucestershire
GL2 4PA
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-22
Last: 2025-06-08
Officers (3 active · 5 resigned)
BENNION, Andrew David→
Activesecretary · appointed 2016-11-30
View their other companies + combined net worth →
BENNION, Andrew David→
Activedirector · ~58y · appointed 2015-05-07
View their other companies + combined net worth →
KING, Andrew Mark→
Activedirector · ~61y · appointed 2017-04-18
View their other companies + combined net worth →
SWEENEY, Andrew→
Resignedsecretary · appointed 2015-05-07 · resigned 2016-11-30
HARRISON, Sean Miles→
Resigneddirector · ~60y · appointed 2009-02-26 · resigned 2015-05-07
KENDRICK, Paul Derek→
Resigneddirector · ~60y · appointed 2009-10-29 · resigned 2019-09-30
STRAW, Kelly Margaret→
Resigneddirector · ~46y · appointed 2009-10-29 · resigned 2014-02-28
SWEENEY, Andrew Jonathan→
Resigneddirector · ~59y · appointed 2015-05-07 · resigned 2016-11-30
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC (As Security Agent) | A registered charge | — | 12/09/2025 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 08/08/2024 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 07/05/2015 | 13/08/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (80 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-small
accounts · AA
2025-03-25
memorandum-articles
incorporation · MA
2024-08-15
resolution
resolution · RESOLUTIONS
2024-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-small
accounts · AA
2024-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-small
accounts · AA
2023-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-03-03
accounts-with-accounts-type-full
accounts · AA
2022-01-25