ALGAR AIR COMPRESSED AIR ENGINEERS LTD
- · Thesis: well-run, low negotiation leverage
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £163.0k | £184.6k |
| Current assets | £254.1k | £282.1k |
| Cash | £120.3k | £136.5k |
| Debtors | £115.8k | £127.6k |
| Net assets | £163.0k | £184.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (23 events)Click to expand
- 2025-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-04-03➖ALGAR, Geoffrey resigneddirector
- 2020-04-03➖ALGAR, Patricia Anne resigneddirector
- 2019-12-10📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-11-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-11-22🏢Company incorporatedAs ALGAR AIR COMPRESSED AIR ENGINEERS LTD
- 2011-11-22➕ALGAR, Stephen Paul appointeddirector
- 2011-11-22➕KIDD, Simone Claire appointeddirector
- 2011-11-22➕ALGAR, Geoffrey appointeddirector
- 2011-11-22➕ALGAR, Patricia Anne appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "ALGAR" — strong identity link between founder and business.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Simone Claire Kidd Individual · British · DOB 01/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Stephen Paul Algar Individual · British · DOB 01/1983 · age 43 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Geoffrey Algarceased 01/01/2022· significant influence · firm interest
- Mrs Patricia Anne Algarceased 01/01/2022· significant influence · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (2 active · 2 resigned)
Click a director name to see their full track record across all companies.