ADVANCE HELICOPTERS LTD
🌳Matureactive
08414069 · ltd · incorporated 2013-02-21
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 Mar 2025
Net worth
£66.3k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Sports and recreation education
Sector: Education
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. 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.
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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £66,303
Net assets shrinking
Down £1,916 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£66k
↓ 2.8% YoY
Current Assets
£74k
↑ 4.2% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £66.4k | £68.8k |
| Current assets | £74.3k | £71.3k |
| Net assets | £66.3k | £68.2k |
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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-11-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-20📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-08-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-14📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-19📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-11-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-11-04📄capital-cancellation-sharescapital · SH06
- 2019-11-04📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2019-11-04📄capital-name-of-class-of-sharescapital · SH08
- 2019-11-04📄capital-return-purchase-own-sharescapital · SH03
- 2019-10-09➖MORREY, James, Captain resigneddirector
- 2019-10-08➕WILLCOX, Daryl Philip appointeddirector
- 2013-02-21🏢Company incorporatedAs ADVANCE HELICOPTERS LTD
- 2013-02-21➕PHILLIPS, Spencer Whitby, Captain appointeddirector
- 2013-02-21➕MORREY, James, Captain appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Captain Spencer Whitby Phillips Individual · British · DOB 06/1975 · age 51 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Daryl Philip Willcox Individual · British · DOB 05/1970 · age 56 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/10/2019 |
1 historic (ceased) PSC
- Captain James Morreyceased 09/10/2019· 25-50% shares · 25-50% voting · board control
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 →Similar companies
Active · Education & training · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACADEMIC ADVANTAGE LTD→ 14753147 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACTION COMPANY EVENTS LTD→ 11579652 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACTIVE WORTHING WELLBEING CENTRE CIC→ 12487821 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ADDED VALUE GROUP LTD→ 15914923 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVENTURES AND WISDOM COMMUNITY CIC→ 15398363 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AK NEXUS LEARNING SOLUTIONS LTD→ 16687619 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALETHEIA EDUCATION LTD→ 16354211 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALICE TIERNEY LIMITED→ 05551173 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ALL SAINTS PRESCHOOL LTD→ 07634027 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ALTUM PERFORMANCE LTD→ 13352464 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AMERICAN CULTURE COLLAGES LTD→ 15198768 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMERICAN INGILIZ CULTURE PUBLISHERS UK LTD→ 13096852 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2013-02-21
Jurisdictionengland-wales
Primary SIC85510 — Sports and recreation education
Registered office
Hangar 4 Shoreham Airport
Shoreham By Sea
West Sussex
BN43 5FF
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21
Officers (2 active · 1 resigned)
PHILLIPS, Spencer Whitby, Captain→
Activedirector · ~51y · appointed 2013-02-21
View their other companies + combined net worth →
WILLCOX, Daryl Philip→
Activedirector · ~56y · appointed 2019-10-08
View their other companies + combined net worth →
MORREY, James, Captain→
Resigneddirector · ~55y · appointed 2013-02-21 · resigned 2019-10-09
Click a director name to see their full track record across all companies.
Recent filings (44 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-24
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-17
change-person-director-company-with-change-date
officers · CH01
2023-08-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-19
change-person-director-company-with-change-date
officers · CH01
2022-04-19