AIRCOOL TECHNOLOGY LTD
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £85.6k | £65.0k |
| Current assets | £105.6k | £100.2k |
| Net assets | £61.4k | £24.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 2 officers
- • 1 confirmation-statement
Corporate timeline (29 events)Click to expand
- 2026-04-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-13➖NEGRESCU, Mariana Carmen resigneddirector
- 2026-02-11➖NEGRESCU, Radu Ioan resigneddirector
- 2025-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-10➕NEGRESCU, Mariana Carmen appointeddirector
- 2025-02-10➕NEGRESCU, Radu Ioan appointeddirector
- 2024-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-05-14📄gazette-notice-compulsorygazette · GAZ1
- 2023-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-11-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-07-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-04-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-05-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-02-26📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-02-25➖NEGRESCU, Mariana Carmen resignedsecretary
- 2018-10-21➕NEGRESCU, Mariana Carmen appointedsecretary
- 2018-10-21➖NEGRESCU, Mariana-Carmen resigneddirector
- 2012-03-03➖NEGRESCU, Radu Bogdan resigneddirector
- 2010-10-21🏢Company incorporatedAs AIRCOOL TECHNOLOGY LTD
- 2010-10-21➕NEGRESCU, Alexandru Ioan appointeddirector
- 2010-10-21➕NEGRESCU, Mariana-Carmen appointeddirector
- 2010-10-21➕NEGRESCU, Radu Bogdan appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: NEGRESCU, Mariana Carmen resigned 2026-02-13; NEGRESCU, Radu Ioan resigned 2026-02-11
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alexandru Ioan Negrescu Individual · Romanian · DOB 04/1986 · age 40 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest · firm interest | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (1 active · 5 resigned)
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