AIROWTECH ELECTRICAL DISTRIBUTORS LIMITED
💤Zombieactive
07101531 · ltd · incorporated 2009-12-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£185.8k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 46520
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 71). 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 (73/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 15.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
59 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 102Positive net assets
Net assets £185,826
Cash YoY
+4%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£126k
↑ 3.5% YoY
Net Worth
£186k
↑ 19% YoY
Current Assets
£850k
↑ 9.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £229.2k | £174.6k |
| Current assets | £849.9k | £779.5k |
| Cash | £126.2k | £121.9k |
| Debtors | £582.1k | £523.0k |
| Net assets | £185.8k | £156.8k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-05🔒Charge registered #3Lender: Lloyds Bank PLC
- 2023-01-30📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2023-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-20📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-20📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-23➖HUTCHINSON, David, Mr resigneddirector
- 2022-02-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-31📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-08-28🔓Charge satisfied #1
- 2014-05-29🔒Charge registered #2Lender: Aldermore Bank PLC
- 2010-11-19🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2009-12-10🏢Company incorporatedAs AIROWTECH ELECTRICAL DISTRIBUTORS LIMITED
- 2009-12-10➕WILKINSON, Kim Doreen appointedsecretary
- 2009-12-10➕WILKINSON, Robert appointeddirector
- 2009-12-10➕HUTCHINSON, David, Mr appointeddirector
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
98/100
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 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert Wilkinson Individual · British · DOB 09/1955 · age 71 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr David Hutchinsonceased 23/11/2022· 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 · Wholesale & distribution · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A1 PRIME FOODS LTD→ 14526365 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABERCROMBIES INTERIORS LTD→ 15442057 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AEROSPA TRAVEL LTD→ 12187140 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AK CHARCOAL LTD→ 11719302 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AKK 2025 LTD→ 16306885 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLIANCE FIXING SYSTEMS LIMITED→ 04495646 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AM B2C LIMITED→ 14583680 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AMARA BATHROOMS LTD→ 15766882 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMAYA GROUP LTD→ 10669451 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AMBITE LTD→ 12721484 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AMBLE HARBOUR LIMITED→ 08338820 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AMORE COFFEE LIMITED→ 09527117 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2009-12-10
Jurisdictionengland-wales
Primary SIC46520 — SIC 46520
Registered office
F19 The Avenues
Eleventh Avenue North Team Valley Trading Estate
Gateshead
Tyne And Wear
NE11 0NJ
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-07-08
Last: 2026-06-24
Officers (2 active · 1 resigned)
WILKINSON, Kim Doreen→
Activesecretary · appointed 2009-12-10
View their other companies + combined net worth →
WILKINSON, Robert→
Activedirector · ~71y · appointed 2009-12-10
View their other companies + combined net worth →
HUTCHINSON, David, Mr →
Resigneddirector · ~70y · appointed 2009-12-10 · resigned 2022-11-23
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 05/10/2023 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | — | 29/05/2014 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 19/11/2010 | 28/08/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (59 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-10
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
change-person-director-company-with-change-date
officers · CH01
2022-12-20
change-person-director-company-with-change-date
officers · CH01
2022-12-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-13