AIRSAT PROPERTIES LTD

💤Zombieactive
07738551 · ltd · incorporated 2011-08-12
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 Aug 2025
Net worth
£60.9k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 75/100 (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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 5.7y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 5.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £60,862

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£61k
Current Assets
£1k
Current Liabilities
£0£12k£24k£37k£49k£61kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-08-312024-08-31
Total assets£60.9k
Current assets£1.5k
Net assets£60.9k
Average employees200

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-11-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-11-11
    RADKA, Tina, Dr resigned
    director
  5. 2024-10-23
    RADKA, Tina, Dr appointed
    director
  6. 2024-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-05-23
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2024-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-10-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2021-10-11
    🔒
    Charge registered #2
    Lender: Paratus Amc Limited
  13. 2021-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-11-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2020-11-09
    🔒
    Charge registered #1
    Lender: Onesavings Bank PLC
  16. 2020-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2019-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2011-08-12
    🏢
    Company incorporated
    As AIRSAT PROPERTIES LTD
  22. 2011-08-12
    ESLAMI, Shahin appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Shahin Eslami
Individual · British · DOB 03/1977 · age 49
sig. influencesignificant influence12/08/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2011-08-12
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

336 Gloucester Road
Horfield
Bristol
BS7 8TJ
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-06-24
Last: 2026-06-10

Officers (1 active · 1 resigned)

ESLAMI, Shahin
director · ~49y · appointed 2011-08-12
View their other companies + combined net worth →
Active
RADKA, Tina, Dr
director · ~41y · appointed 2024-10-23 · resigned 2024-11-11
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge2 properties11/10/2021
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property09/11/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-25
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-02
termination-director-company-with-name-termination-date
officers · TM01
2024-11-12
appoint-person-director-company-with-name-date
officers · AP01
2024-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-10