AIRSAFE DEVELOPMENTS LTD

🌳Matureactive

10096948 · ltd · incorporated 2016-04-01

Investment thesis

Unencumbered property vehicle — clean asset-backed target with refinance headroom.

Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.

Why risky: Values depend on title and valuation; property-specific market exposure.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2024

Net worth

£-209

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Construction of domestic buildings

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 4 total, 4 with control declared

Director network

1 connected companies via shared directors

Filing history

32 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

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 · FRS 102

Negative net assets

Liabilities exceed assets by £209

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

-£209

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-04-30
Total assets	£-209
Net assets	£-209

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

filings

Last 90 days

filings

• 3 persons-with-significant-control
• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 3 persons-with-significant-control
• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2026-06-02
➕
WARREN, Richard Leslie appointed
director
2026-06-02
➖
AUSTEN, Steve Peter resigned
director
2026-06-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-06-02
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-02
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-06-02
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-01-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-02-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-01-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-03-02
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-05-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-06-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-06-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-06-01
➕
AUSTEN, Steve Peter appointed
director
2020-01-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-04-01
🏢
Company incorporated
As AIRSAFE DEVELOPMENTS LTD
2016-04-01
➕
AUSTEN, Kathryn Mary 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 77 — succession pressure is live.

Succession & seller-readiness

71/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Richard Leslie Warren Individual · British · DOB 11/1949 · age 77	25–50%	—	25-50% shares	02/06/2026
Mrs Kathryn Mary Austen Individual · British · DOB 07/1958 · age 68	25–50%	—	25-50% shares	02/06/2026

2 historic (ceased) PSCs

Mr Steve Peter Austenceased 02/06/2026· significant influence · firm interest
Mrs Kathryn Mary Austenceased 31/05/2020· significant influence · 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.

See pricing →

Similar companies

Active · Construction · GU postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A JONES CONTRACTORS LTD→ 11346900 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ADAPT PROPERTY SOLUTIONS LTD→ 12963821 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AF SAFETY LIMITED→ 16273803 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AG ELECTRICAL CONTRACTORS LIMITED→ 13616313 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AG FLOOR SOLUTIONS LIMITED→ 10460226 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
AGGREGATE-RECYCLING (SOUTHERN) LTD→ 13673034 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AIR ADVANCED LTD→ 11853242 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
AK CULM DEVELOPMENTS LIMITED→ 13086879 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AK GRAVESEND LIMITED→ 13841616 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
AK SPARKZ & EMERGENCIES LTD→ 14678752 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
AKAM BUILDERS LTD→ 12288465 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AKC ROOFING LTD→ 11000032 · est 2017 · no financials extracted	—	—	—	—	8y	—	—

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

Incorporated2016-04-01

Jurisdictionengland-wales

Primary SIC41202 — Construction of domestic buildings

Registered office

14 Normandy Street

Alton

GU34 1BX

England

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-06-16

Last: 2026-06-02

Officers (2 active · 1 resigned)

AUSTEN, Kathryn Mary→

director · ~68y · appointed 2016-04-01

View their other companies + combined net worth →

Active

WARREN, Richard Leslie→

director · ~77y · appointed 2026-06-02

View their other companies + combined net worth →

Active

AUSTEN, Steve Peter→

director · ~72y · appointed 2020-06-01 · resigned 2026-06-02

Resigned

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

Recent filings (32 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2026-06-02

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

officers · AP01

2026-06-02

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2026-06-02

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2026-06-02

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

officers · TM01

2026-06-02

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-06-02