AIR TRAINING CLUB AVIATION LIMITED

🌳Matureactive
08681179 · ltd · incorporated 2013-09-09
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 Sept 2024
Net worth
£67.7k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 52230
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 73-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 73). 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, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
43 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 · FRS 105 (micro)
Positive net assets
Net assets £67,718

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£68k
↑ 5.3% YoY
Current Assets
£22k
↑ 72% YoY
Current Liabilities
—
£0£14k£27k£41k£54k£68kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-09-302023-09-30
Total assets£68.1k£64.6k
Current assets£22.3k£12.9k
Net assets£67.7k£64.3k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-04
    📄
    capital-allotment-shares
    capital · SH01
  4. 2023-09-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-06-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-11-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2019-10-23
    ➖
    FERRIER, Dale Joseph resigned
    director
  10. 2019-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-01-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2019-01-07
    ➕
    RAJA, Bipin Dayalji appointed
    director
  13. 2018-12-17
    ➕
    KOTECHA, Bhupendra appointed
    director
  14. 2018-12-17
    ➕
    FERRIER, Dale Joseph appointed
    director
  15. 2018-12-17
    ➖
    IQBAL, Zafar resigned
    director
  16. 2018-12-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2018-12-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-12-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2018-12-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2018-12-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2018-12-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2018-12-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2018-11-17
    ➖
    LATIF, Mohammed Fazaz resigned
    secretary
  24. 2018-11-17
    ➖
    WILLIAMSON, Pete resigned
    director
  25. 2018-10-03
    📄
    capital-return-purchase-own-shares
    capital · SH03
  26. 2014-01-06
    ➕
    IQBAL, Zafar appointed
    director
  27. 2013-12-15
    ➕
    LATIF, Mohammed Fazaz appointed
    secretary
  28. 2013-09-09
    🏢
    Company incorporated
    As AIR TRAINING CLUB AVIATION LIMITED
  29. 2013-09-09
    ➕
    WILLIAMSON, Pete appointed
    director

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Bipin Dayalji Raja
Individual · British · DOB 06/1953 · age 73
——sig. influencesignificant influence17/12/2018
1 historic (ceased) PSC
  • Mr Pete Williamsonceased 17/11/2018· significant influence

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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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
Incorporated2013-09-09
Jurisdictionengland-wales
Primary SIC52230 — SIC 52230

Registered office

Hanger 3 Blackpool Airport
Blackpool
Lancashire
FY4 2QY

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-07
Last: 2025-08-24

Officers (2 active · 4 resigned)

KOTECHA, Bhupendra→
director · ~68y · appointed 2018-12-17
View their other companies + combined net worth →
Active
RAJA, Bipin Dayalji→
director · ~73y · appointed 2019-01-07
View their other companies + combined net worth →
Active
LATIF, Mohammed Fazaz→
secretary · appointed 2013-12-15 · resigned 2018-11-17
Resigned
FERRIER, Dale Joseph→
director · ~32y · appointed 2018-12-17 · resigned 2019-10-23
Resigned
IQBAL, Zafar→
director · ~66y · appointed 2014-01-06 · resigned 2018-12-17
Resigned
WILLIAMSON, Pete→
director · ~47y · appointed 2013-09-09 · resigned 2018-11-17
Resigned

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

Recent filings (43 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-12
capital-allotment-shares
capital · SH01
2023-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-16
termination-director-company-with-name-termination-date
officers · TM01
2019-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-02