AEROSTAT LIMITED
🌳Matureactive
09296978 · ltd · incorporated 2014-11-05
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 Mar 2025
Net worth
£4.3k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (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 (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
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £4,312
Net assets shrinking
Down £1,034 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£4k
↓ 19% YoY
Current Assets
£6k
↓ 8.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £5.1k | £5.8k |
| Current assets | £6.5k | £7.1k |
| Net assets | £4.3k | £5.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
7
filings
- • 3 persons-with-significant-control
- • 3 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-12-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-24➕RITCHIE, Alasdair Charles appointeddirector
- 2025-11-24➕RITCHIE, Duncan James appointeddirector
- 2025-11-24➖RITCHIE, Jill Margaret Whebell resigneddirector
- 2025-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-04📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-12-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-11-28📄gazette-notice-compulsorygazette · GAZ1
- 2022-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-31📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-09➖RITCHIE, Alasdair Charles resigneddirector
- 2019-09-09➖RITCHIE, Duncan James resigneddirector
- 2019-09-09➕RITCHIE, Jill Margaret Whebell appointeddirector
- 2014-11-05🏢Company incorporatedAs AEROSTAT LIMITED
- 2014-11-05➕RITCHIE, Alasdair Charles appointeddirector
- 2014-11-05➕RITCHIE, Duncan James appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 |
|---|---|---|---|---|
Mr Duncan James Ritchie Individual · British · DOB 05/1977 · age 49 | 25–50% | — | 25-50% shares | 24/11/2025 |
Mr Alasdair Charles Ritchie Individual · British · DOB 12/1973 · age 53 | 25–50% | — | 25-50% shares | 24/11/2025 |
3 historic (ceased) PSCs
- Mrs Jill Margaret Whebell Ritchieceased 24/11/2025· 75-100% shares
- Mr Duncan James Ritchieceased 09/09/2019· 50-75% shares · 50-75% voting · board control · trust interest · firm interest
- Mr Alasdair Charles Ritchieceased 09/09/2019· 50-75% shares · 50-75% voting · board control · trust interest · firm interest
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.
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|---|---|---|---|---|---|---|---|
| AFFECT GROUP LIMITED→ 09677208 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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| AFRICA RISK MANAGEMENT AND COMPLIANCE PARTNERS LTD→ 11852938 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AFRICAN AVIATION ALLIANCE (AAA) LIMITED→ 03233005 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| AG CONSTRUCTION CDM SERVICES LTD→ 16480864 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGILE BUSINESS COACHING LIMITED→ 10045538 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AGM SURVEYING LTD→ 16731650 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGNES COLE CONSULTING LIMITED→ 13570110 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AHB TRANSFORMATION LIMITED→ 09442802 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AI PROTECT DUTY LIMITED→ 16561407 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIMSPRAXIS LTD→ 16323183 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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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
Incorporated2014-11-05
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities
Registered office
38 Mayfly Way
Ardleigh
Colchester
CO7 7WX
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09
Officers (2 active · 3 resigned)
RITCHIE, Alasdair Charles→
Activedirector · ~53y · appointed 2025-11-24
View their other companies + combined net worth →
RITCHIE, Duncan James→
Activedirector · ~49y · appointed 2025-11-24
View their other companies + combined net worth →
RITCHIE, Alasdair Charles→
Resigneddirector · ~53y · appointed 2014-11-05 · resigned 2019-09-09
RITCHIE, Duncan James→
Resigneddirector · ~49y · appointed 2014-11-05 · resigned 2019-09-09
RITCHIE, Jill Margaret Whebell→
Resigneddirector · ~80y · appointed 2019-09-09 · resigned 2025-11-24
Click a director name to see their full track record across all companies.
Recent filings (43 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-22
appoint-person-director-company-with-name-date
officers · AP01
2025-12-22
appoint-person-director-company-with-name-date
officers · AP01
2025-12-22
termination-director-company-with-name-termination-date
officers · TM01
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-04
gazette-notice-compulsory
gazette · GAZ1
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-29