AIR INDUSTRIES LTD
🏛️Establishedactive
10257559 · ltd · incorporated 2016-06-29
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
£1.02M
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -43% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 6.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,022,186
Cash draining
Cash down 43% YoY
Cash YoY
-43%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£125k
↓ 43% YoY
Net Worth
£1.0m
↑ 5.0% YoY
Current Assets
£774k
↓ 11% 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 | £1.11M | £1.03M |
| Current assets | £774.3k | £869.9k |
| Cash | £124.8k | £217.3k |
| Debtors | £206.1k | £243.3k |
| Net assets | £1.02M | £973.5k |
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
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-04🔒Charge registered #2Lender: National Westminster Bank PLC
- 2025-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-25📄resolutionresolution · RESOLUTIONS
- 2024-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-01🔒Charge registered #1Lender: National Westminster Bank PLC
- 2019-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-06-29🏢Company incorporatedAs AIR INDUSTRIES LTD
- 2016-06-29➕BENNETT, Natasha appointeddirector
- 2016-06-29➕REECE-JONES, Oliver appointeddirector
Owner dependency
63/100
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.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Oliver Reece-Jones Individual · British · DOB 07/1995 · age 31 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| ACH RICE UK LIMITED→ 10810001 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACTIO PRO LTD→ 11597159 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AHOLI TRADING LTD→ 12620736 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AM-DM (RETAIL) LTD→ 07565578 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ARRITAL UK LIMITED→ 05542988 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ARTHUR THOMAS TRADING LIMITED→ 11442296 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ATLANTIS MARINE POWER LIMITED→ 02015389 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| AUSTROFLAMM UK LIMITED→ 16733330 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AVVENTURA GLOBAL LTD→ 16679424 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BABYCHAIN LTD→ 05996855 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BABYDAM LIMITED→ 11369133 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BARBICAN ROOMS LIMITED→ 03012636 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
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
Incorporated2016-06-29
Jurisdictionengland-wales
Primary SIC46140 — SIC 46140
Registered office
Unit 18, Devonshire Meadows Broadley Park Road
Roborough
Plymouth
Devon
PL6 7EZ
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-12
Last: 2025-06-28
Officers (2 active · 0 resigned)
BENNETT, Natasha→
Activedirector · ~33y · appointed 2016-06-29
View their other companies + combined net worth →
REECE-JONES, Oliver→
Activedirector · ~31y · appointed 2016-06-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 04/11/2025 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 01/10/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (26 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-02
change-person-director-company-with-change-date
officers · CH01
2025-06-20
change-person-director-company-with-change-date
officers · CH01
2025-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-05
resolution
resolution · RESOLUTIONS
2024-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-23