AARDRA SYSTEMS LIMITED

🌳Matureactive

09079237 · ltd · incorporated 2014-06-10

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£-321.3k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 27900

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

27 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £321,300

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£321k

↓ 8.0% YoY

Current Assets

£7k

↑ 113% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£-282.4k	£-254.3k
Current assets	£6.7k	£3.1k
Net assets	£-321.3k	£-297.5k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-01-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-11-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-03-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-07-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-07-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-06-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-06-13
➕
JOSHI, Dharmesh appointed
director
2016-03-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2015-06-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-10
🏢
Company incorporated
As AARDRA SYSTEMS LIMITED
2014-06-10
➕
JOSHI, Meena appointed
director

Owner dependency

86/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 66 — succession pressure is live.
+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

69/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
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

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%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Meena Joshi Individual · British · DOB 03/1960 · age 66	75–100%	—	75-100% shares	01/06/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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ADEN FASHION LTD→ 13164183 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
ADVANTAGE DOOR AND KITCHEN LIMITED→ 16141592 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ADXPRESSIONS MEDIA LTD→ 11521804 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AERO AZNAR LTD→ 14146627 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AERO FLEET CONTROL LTD→ 16397693 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AEROSPIN GLOBAL LTD→ 15821813 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AERSENTRY LTD→ 17111987 · est 2026 · no financials extracted	—	—	—	—	—	—	—
AFRICA DEVELOPMENT & INFRASTRUCTURE (AD&IL) LTD→ 12689328 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AFRO-THREAD COUTURE LTD→ 17076764 · est 2026 · no financials extracted	—	—	—	—	—	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2014-06-10

Jurisdictionengland-wales

Primary SIC27900 — SIC 27900

Registered office

38 Clova Road

London

E7 9AH

England

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-06-24

Last: 2025-06-10

Officers (2 active · 0 resigned)

JOSHI, Dharmesh→

director · ~42y · appointed 2016-06-13

View their other companies + combined net worth →

Active

JOSHI, Meena→

director · ~66y · appointed 2014-06-10

View their other companies + combined net worth →

Active

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