AERIAL CONTRACTING LTD

💤Zombieactive
09340124 · ltd · incorporated 2014-12-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Painting
Sector: Construction
ALSO REGISTERED FOR
  • 43910Roofing activities
  • 61900Other telecommunications activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 42/100. Strong seller-intent signal (68/100, director aged 71). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 10.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
56
Some moderate concerns — review 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
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31

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

🔒Filing-note intelligence

2 signals 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 (30 events)Click to expand
  1. 2026-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-12-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-10-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-01-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2022-12-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-03-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2022-03-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2021-10-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-09-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-11-25
    ⚠️
    liquidation-voluntary-arrangement-completion
    insolvency · CVA4
  19. 2019-01-16
    SNIJDER, Pia Lydie resigned
    director
  20. 2019-01-08
    PAZADIAN, Neil John appointed
    director
  21. 2018-10-08
    🔒
    Charge registered #3
    Lender: Tallaght Financial LTD
  22. 2018-09-19
    PAZADIAN, Neil John resigned
    director
  23. 2017-08-03
    SNIJDER, Pia Lydie appointed
    director
  24. 2017-07-24
    SNIJDER, Pia Lydie resigned
    director
  25. 2017-05-10
    SNIJDER, Pia Lydie appointed
    director
  26. 2016-07-13
    🔓
    Charge satisfied #1
  27. 2016-07-07
    🔒
    Charge registered #2
    Lender: Factor 21 PLC
  28. 2016-06-17
    🔒
    Charge registered #1
    Lender: Easy Invoice Finance Limited
  29. 2014-12-03
    🏢
    Company incorporated
    As AERIAL CONTRACTING LTD
  30. 2014-12-03
    PAZADIAN, Neil John appointed
    director

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 med · 1 low
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-11-25: liquidation-voluntary-arrangement-completion

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Neil John Pazadian
Individual · English · DOB 07/1955 · age 71
75100%
75-100% shares06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2014-12-03
Jurisdictionengland-wales
Primary SIC43341 — Painting

Registered office

3rd Floor Suite
207 Regent Street
London
W1B 3HH
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (1 active · 3 resigned)

PAZADIAN, Neil John
director · ~71y · appointed 2019-01-08
View their other companies + combined net worth →
Active
PAZADIAN, Neil John
director · ~71y · appointed 2014-12-03 · resigned 2018-09-19
Resigned
SNIJDER, Pia Lydie
director · ~53y · appointed 2017-08-03 · resigned 2019-01-16
Resigned
SNIJDER, Pia Lydie
director · ~53y · appointed 2017-05-10 · resigned 2017-07-24
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Tallaght Financial
Tallaght Financial LTD
A registered charge08/10/2018
outstanding
Factor 21
Factor 21 PLC
A registered charge07/07/2016
satisfied
Easy Invoice Finance
Easy Invoice Finance Limited
A registered charge7 properties17/06/201613/07/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
gazette-filings-brought-up-to-date
gazette · DISS40
2023-10-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-11
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-01-11