ADENSTAR AVIATION LIMITED

🌳Matureactive

08813868 · ltd · incorporated 2013-12-13

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 10.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other specialised construction activities n.e.c.

Sector: Construction

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 10.5y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 10.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

7 officers (2 active, 7 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

15 connected companies via shared directors

Filing history

43 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-11-30	2024-11-30
Average employees	300	500

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-07-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-25
➕
WELCH, Stephen Paul appointed
director
2025-07-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-24
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2024-07-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-06-26
➖
BARRON, Stephen John resigned
director
2024-02-28
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-05-25
📄
accounts-with-accounts-type-small
accounts · AA
2022-07-22
📄
accounts-with-accounts-type-small
accounts · AA
2022-05-27
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-11-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-11-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-06-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-05-29
➕
DUDMAN, Stephen Albert Charles appointed
director
2020-05-29
➖
JAMES, Richard Charles resigned
director
2020-05-27
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-02-27
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2016-01-04
🔒
Charge registered #1
Lender: National Westminster Bank PLC
2015-08-14
➖
FIORE, David Roger resigned
director
2015-08-14
➕
JAMES, Richard Charles appointed
director
2014-06-06
➖
WILSON, Steven Alan resigned
director
2013-12-19
➖
SNELLING, Jeremy resigned
director
2013-12-13
🏢
Company incorporated
As ADENSTAR AVIATION LIMITED
2013-12-13
➕
BARRON, Stephen John appointed
director
2013-12-13
➕
FIORE, David Roger appointed
director
2013-12-13
➕
SNELLING, Jeremy appointed
director
2013-12-13
➕
WILSON, Steven Alan 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 67 — succession pressure is live.

Succession & seller-readiness

56/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
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.)

Group structure

Adenstar Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Adenstar Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

ADENSTAR AVIATION LIMITED

This company · 08813868

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Adenstar Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 · Construction · BN postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
64 CHURCH ROAD LIMITED→ 06661486 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
A.A.C. (SOUTHERN) LTD→ 04127082 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
ACORN COUNTRYSIDE SERVICES LTD→ 11854165 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ACOUSTIC SOLUTIONS LTD→ 09499572 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
ACRE BUILD LIMITED→ 15136041 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ACTIVE TRADE POINT LIMITED→ 11576505 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AD GULLY CONSTRUCTION LIMITED→ 10007996 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
ADAIR DEVELOPMENT CO LTD→ 14772343 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ADEBAYO OGUNBUFUNMI DESIGN STUDIO LIMITED→ 10021251 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
ADENSTAR PLANT LIMITED→ 11997164 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ADENSTAR WORKFORCE LIMITED→ 08813863 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
ADEPT SUSSEX LIMITED→ 13039053 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated2013-12-13

Jurisdictionengland-wales

Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Maria House

35 Millers Road

Brighton

East Sussex

BN1 5NP

Filing status

Accounts

Next due: 2027-08-27

Last made up to: 2025-11-30

Confirmation statement

Next due: 2026-12-27

Last: 2025-12-13

Officers (2 active · 5 resigned)

DUDMAN, Stephen Albert Charles→

director · ~67y · appointed 2020-05-29

View their other companies + combined net worth →

Active

WELCH, Stephen Paul→

director · ~56y · appointed 2025-07-25

View their other companies + combined net worth →

Active

BARRON, Stephen John→

director · ~56y · appointed 2013-12-13 · resigned 2024-06-26

Resigned

FIORE, David Roger→

director · ~80y · appointed 2013-12-13 · resigned 2015-08-14

Resigned

JAMES, Richard Charles→

director · ~53y · appointed 2015-08-14 · resigned 2020-05-29

Resigned

SNELLING, Jeremy→

director · ~52y · appointed 2013-12-13 · resigned 2013-12-19

Resigned

WILSON, Steven Alan→

director · ~66y · appointed 2013-12-13 · resigned 2014-06-06

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	National Westminster Bank National Westminster Bank PLC	A registered charge	—	04/01/2016	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-07-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-17

appoint-person-director-company-with-name-date

officers · AP01

2025-11-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-07-11

change-account-reference-date-company-previous-extended

accounts · AA01

2025-02-24

confirmation-statement-with-updates

confirmation-statement · CS01

2024-12-18

accounts-with-accounts-type-micro-entity

accounts · AA

2024-07-29

termination-director-company-with-name-termination-date

officers · TM01

2024-06-27

change-account-reference-date-company-previous-shortened

accounts · AA01

2024-02-28

confirmation-statement-with-updates

confirmation-statement · CS01

2023-12-18

accounts-with-accounts-type-small

accounts · AA

2023-05-25

confirmation-statement-with-updates

confirmation-statement · CS01

2022-12-14

accounts-with-accounts-type-small

accounts · AA

2022-07-22

change-account-reference-date-company-previous-shortened

accounts · AA01

2022-05-27

confirmation-statement-with-updates

confirmation-statement · CS01

2022-01-20