AIRPORT EXPRESS MK LTD

🌳Matureactive
08265156 · ltd · incorporated 2012-10-23
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£4.8k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 49390
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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 (73/100).

Data confidence

Overall: medium (79/100)

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
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 declared
Positive net assets
Net assets £4,818

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£5k
↑ 228% YoY
Current Assets
£93k
~ YoY
Current Liabilities
—
£0£19k£37k£56k£75k£94kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£79.0k£87.8k
Current assets£93.3k£93.6k
Net assets£4.8k£1.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-01-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-01-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2025-01-14
    ➕
    NATKUNAM, Perathepan appointed
    director
  6. 2025-01-14
    ➖
    NATKUNAM, Perathepan resigned
    secretary
  7. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-03-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-08-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-02-05
    ➖
    SCIBERRAS, Steven Anthony resigned
    director
  13. 2020-02-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2019-10-30
    ➕
    SCIBERRAS, Steven Anthony appointed
    director
  15. 2019-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2019-04-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-04-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2019-04-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2019-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2019-04-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2019-04-10
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  22. 2019-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2019-04-09
    ➕
    SHANMUGAM, Thayaparan appointed
    director
  24. 2019-04-09
    ➕
    NATKUNAM, Perathepan appointed
    secretary
  25. 2019-04-09
    ➖
    SCIBERRAS, Tara Louise resigned
    secretary
  26. 2019-04-09
    ➖
    SCIBERRAS, Steven Anthony resigned
    director
  27. 2012-10-23
    🏢
    Company incorporated
    As AIRPORT EXPRESS MK LTD
  28. 2012-10-23
    ➕
    SCIBERRAS, Tara Louise appointed
    secretary
  29. 2012-10-23
    ➕
    SCIBERRAS, Steven Anthony appointed
    director

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Thayaparan Shanmugam
Individual · Dutch · DOB 04/1968 · age 58
75–100%
50–75%sig. influence75-100% shares · 75-100% voting · significant influence · trust interest · firm interest09/04/2019
1 historic (ceased) PSC
  • Mr Steven Anthony Sciberrasceased 09/04/2019· significant influence · trust interest · firm interest

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 →

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————7y——
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————3y——
AIRPORT VIP TRANSPORT LTD→
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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
Incorporated2012-10-23
Jurisdictionengland-wales
Primary SIC49390 — SIC 49390

Registered office

10 Yearlstone Square
Ashland
Milton Keynes
MK6 4AT
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23

Officers (2 active · 4 resigned)

NATKUNAM, Perathepan→
director · ~44y · appointed 2025-01-14
View their other companies + combined net worth →
Active
SHANMUGAM, Thayaparan→
director · ~58y · appointed 2019-04-09
View their other companies + combined net worth →
Active
NATKUNAM, Perathepan→
secretary · appointed 2019-04-09 · resigned 2025-01-14
Resigned
SCIBERRAS, Tara Louise→
secretary · appointed 2012-10-23 · resigned 2019-04-09
Resigned
SCIBERRAS, Steven Anthony→
director · ~54y · appointed 2019-10-30 · resigned 2020-02-05
Resigned
SCIBERRAS, Steven Anthony→
director · ~54y · appointed 2012-10-23 · resigned 2019-04-09
Resigned

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

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-30
change-person-director-company-with-change-date
officers · CH01
2025-01-24
appoint-person-director-company-with-name-date
officers · AP01
2025-01-24
termination-secretary-company-with-name-termination-date
officers · TM02
2025-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-10