AIRLINEPREP LIMITED
🏛️Establishedactive
10399598 · ltd · incorporated 2016-09-28
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 2026
Net worth
£4.2k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 52230
Sector: Transportation & storage
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. 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 -71% YoY — forensic review of receivables, stock turns, and creditor days. 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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £4,231
Net assets shrinking
Down £4,120 YoY
Cash draining
Cash down 71% YoY
Cash YoY
-71%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↓ 71% YoY
Net Worth
£4k
↓ 49% YoY
Current Assets
£5k
↓ 63% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Total assets | £4.2k | £8.4k |
| Current assets | £4.8k | £13.1k |
| Cash | £3.7k | £12.6k |
| Debtors | £1.1k | £449 |
| Net assets | £4.2k | £8.4k |
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
1
filing
- • 1 accounts
Last 90 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-21➕CARTER, Edward James appointeddirector
- 2025-02-21➕CARTER, Laura Marie appointeddirector
- 2025-02-21➖RITCHIE-BUTLER, Jamie resigneddirector
- 2025-02-21➖WHITWORTH, Benjamin David resigneddirector
- 2025-02-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-02-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-02-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-25📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-25📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-28🏢Company incorporatedAs AIRLINEPREP LIMITED
- 2016-09-28➕RITCHIE-BUTLER, Jamie appointeddirector
- 2016-09-28➕WHITWORTH, Benjamin David 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 Edward James Carter Individual · British · DOB 05/1974 · age 52 | — | — | sig. influencesignificant influence | 21/02/2025 |
Ms Laura Marie Carter Individual · British · DOB 06/1972 · age 54 | — | — | sig. influencesignificant influence | 21/02/2025 |
2 historic (ceased) PSCs
- Mr Benjamin David Whitworthceased 21/02/2025· 25-50% shares · 25-50% voting
- Mr Jamie Ritchie-Butlerceased 21/02/2025· 25-50% shares · 25-50% voting
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 · Transport & logistics · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&M PREMIER LIMITED→ 15568328 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM HERATY LTD→ 11391481 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADI TRANS 2020 LTD→ 12541714 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ADUR FERRY BRIDGE MOORINGS LIMITED→ 16724492 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADV REMOVALS AND TRANSPORT LTD→ 16452004 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED FREIGHT TRADING CAPITAL LIMITED→ 12002495 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AERO-K LTD→ 16833327 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AEROSPACE SUPPORT ASSOCIATES LIMITED→ 02901116 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| AIRPORT EAGLES LTD→ 14442518 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AKRM LTD→ 14065220 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AL LOGISTIC LTD→ 16972968 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALAN LINDFIELD LIMITED→ 03304753 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
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
Incorporated2016-09-28
Jurisdictionengland-wales
Primary SIC52230 — SIC 52230
Registered office
95 Ditchling Road
Brighton
East Sussex
BN1 4ST
United Kingdom
Filing status
Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21
Officers (2 active · 2 resigned)
CARTER, Edward James→
Activedirector · ~52y · appointed 2025-02-21
View their other companies + combined net worth →
CARTER, Laura Marie→
Activedirector · ~54y · appointed 2025-02-21
View their other companies + combined net worth →
RITCHIE-BUTLER, Jamie→
Resigneddirector · ~49y · appointed 2016-09-28 · resigned 2025-02-21
WHITWORTH, Benjamin David→
Resigneddirector · ~47y · appointed 2016-09-28 · resigned 2025-02-21
Click a director name to see their full track record across all companies.
Recent filings (37 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-21
appoint-person-director-company-with-name-date
officers · AP01
2025-02-21
appoint-person-director-company-with-name-date
officers · AP01
2025-02-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-21
termination-director-company-with-name-termination-date
officers · TM01
2025-02-21
termination-director-company-with-name-termination-date
officers · TM01
2025-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-25