AIRHEAT LTD
🌳Matureactive
07227607 · ltd · incorporated 2010-04-19
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 Apr 2025
Net worth
£-13.6k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -81% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (77/100)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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £13,608
Cash draining
Cash down 81% YoY
Cash YoY
-81%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 81% YoY
Net Worth
-£14k
↓ 142% YoY
Current Assets
£19k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £-5.8k | £5.3k |
| Current assets | £19.4k | £22.0k |
| Cash | £1.5k | £7.8k |
| Debtors | £17.9k | £10.9k |
| Net assets | £-13.6k | £-5.6k |
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 (22 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-09-22➕WESTMACOTT, Julia Mary appointeddirector
- 2018-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-01-01➖WESTMACOTT, Elaine resignedsecretary
- 2013-04-30➖WESTMACOTT, Elaine resigneddirector
- 2010-04-19🏢Company incorporatedAs AIRHEAT LTD
- 2010-04-19➕WESTMACOTT, Owen Charles appointeddirector
- 2010-04-19➕WESTMACOTT, Elaine appointedsecretary
- 2010-04-19➕WESTMACOTT, Elaine appointeddirector
Owner dependency
84/100
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 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- 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 16 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 Owen Charles Westmacott Individual · British · DOB 07/1962 · age 64 | 75–100% | — | 75-100% shares | 18/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 3RS INTERNATIONAL (UK) LIMITED→ 16517968 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3RS INTERNATIONAL LIMITED→ 12286504 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3RUK LTD→ 10679390 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A & D HOUSTON LIMITED→ 15407784 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A.K. ENVIRONMENTAL CONSULTANCY LIMITED→ 03149903 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| ABH ASSET SERVICES LTD→ 09089529 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADVANCED WASTEWATER TREATMENT LTD→ 10773036 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AMF CATS LIMITED→ 07184257 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ARTISAN WATER TREATMENT LIMITED→ 05577134 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ATTAINIS LTD→ 16036252 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BEAVER WATER INNOVATIONS LIMITED→ 12128063 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BENNETTS RENEWABLES LIMITED→ 12105224 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2010-04-19
Jurisdictionengland-wales
Primary SIC35300 — SIC 35300
Registered office
Britannia Court
5 Moor Street
Worcester
WR1 3DB
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-03
Last: 2026-04-19
Officers (2 active · 2 resigned)
WESTMACOTT, Julia Mary→
Activedirector · ~64y · appointed 2018-09-22
View their other companies + combined net worth →
WESTMACOTT, Owen Charles→
Activedirector · ~64y · appointed 2010-04-19
View their other companies + combined net worth →
WESTMACOTT, Elaine→
Resignedsecretary · appointed 2010-04-19 · resigned 2014-01-01
WESTMACOTT, Elaine→
Resigneddirector · ~70y · appointed 2010-04-19 · resigned 2013-04-30
Click a director name to see their full track record across all companies.
Recent filings (38 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-27