AIR MARINE SPARES LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 71/100 (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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (18 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-25✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-05-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-12📄capital-allotment-sharescapital · SH01
- 2016-12-29➕O'HANLON, Jessica Louise appointeddirector
- 2016-12-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-06-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-03-20🏢Company incorporatedAs AIR MARINE SPARES LIMITED
- 2014-03-20➕O'HANLON, Simon 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
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 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-11-25: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon O'Hanlon Individual · British · DOB 10/1977 · age 49 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 39F LIMITED→ 15122518 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A C SMITH METALS LTD→ 15266622 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AB CASH N CARRY LTD→ 16703509 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB PHARMA SOLUTIONS LTD→ 15331237 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AFRA EUROPE LTD→ 16102086 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGABOS LTD→ 16126309 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AKRE FOODS LTD→ 16985103 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AKW TRADING LTD→ 16750337 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL HANA TRADING LTD→ 14412059 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AL-MURAD GRANITE LTD→ 07123659 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ALAN AND CO TRADING LIMITED→ 10278500 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALAYANCE LTD→ 16115798 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 · 0 resigned)
Click a director name to see their full track record across all companies.