AAP AVIATION UK LIMITED

🏛️Establishedactive
10697097 · ltd · incorporated 2017-03-29
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 Dec 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

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 (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £474,915

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 · FRS 102
Metric2024-12-312023-12-31
Profit before tax£-474.9k£-126.7k
Average employees28200

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 (27 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-09-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-06-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-12-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2022-12-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2022-11-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-03-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2021-10-14
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2021-09-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-09-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-09-01
    HOIBY, Espen Bjarte appointed
    director
  13. 2021-09-01
    BAKKEN, Anders Bonde resigned
    director
  14. 2021-05-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-05-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-04-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2021-04-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2020-01-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-01-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2020-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2019-12-05
    OYGARD, Fredrik Grorud appointed
    director
  23. 2019-12-05
    BAKKEN, Anders Bonde appointed
    director
  24. 2019-12-05
    HOIBY, Espen Bjarte resigned
    director
  25. 2017-03-29
    🏢
    Company incorporated
    As AAP AVIATION UK LIMITED
  26. 2017-03-29
    CORNHILL SECRETARIES LIMITED appointed
    corporate-secretary
  27. 2017-03-29
    HOIBY, Espen Bjarte 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 67 — succession pressure is live.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-11

Group structure

Norwegian Air Shuttle Asa holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Norwegian Air Shuttle Asa
Corporate parent · holds 25-50% shares
significant stake
AAP AVIATION UK LIMITED
This company · 10697097

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Norwegian Air Shuttle Asa
Corporate entity
2550%
25-50% shares29/03/2017
Bjorn Tore Larsen
Individual · Norwegian · DOB 07/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting29/03/2017

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 · Professional services · SE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
64 BRAXFIELD MANAGEMENT COMPANY LIMITED
04679192 · est 2003 · no financials extracted
23y
A & B CARS LIMITED
15617076 · est 2024 · no financials extracted
2y
A2B COMMUTING LTD
15148752 · est 2023 · no financials extracted
2y
A2B TAX LTD
13198940 · est 2021 · no financials extracted
5y
AA DESIGN SOLUTIONS LIMITED
08179442 · est 2012 · no financials extracted
13y
AA RECRUITMENT AGENCY LIMITED
08927390 · est 2014 · no financials extracted
12y
AARVOLD MCLEAN ARCHITECTURE LTD
10968352 · est 2017 · no financials extracted
8y
AB C&E LTD
13127918 · est 2021 · no financials extracted
5y
AB MARKETING CONSULTANCY LTD
11738076 · est 2018 · no financials extracted
7y
ABACO A.M. LIMITED
10101422 · est 2016 · no financials extracted
10y
ABACUS ACCOUNTING TECHNICIANS LIMITED
03877397 · est 1999 · no financials extracted
26y
ABAKOS INC LTD
12493803 · est 2020 · no financials extracted
6y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2017-03-29
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies

Registered office

5 Market Yard Mews
194-204 Bermondsey Street
London
SE1 3TQ
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-04-11OVERDUE
Last: 2025-03-28

Officers (3 active · 2 resigned)

CORNHILL SECRETARIES LIMITED
corporate-secretary · appointed 2017-03-29
View their other companies + combined net worth →
Active
HOIBY, Espen Bjarte
director · ~67y · appointed 2021-09-01
View their other companies + combined net worth →
Active
OYGARD, Fredrik Grorud
director · ~43y · appointed 2019-12-05
View their other companies + combined net worth →
Active
BAKKEN, Anders Bonde
director · ~44y · appointed 2019-12-05 · resigned 2021-09-01
Resigned
HOIBY, Espen Bjarte
director · ~67y · appointed 2017-03-29 · resigned 2019-12-05
Resigned

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

Recent filings (37 total)

accounts-with-accounts-type-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-full
accounts · AA
2024-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-full
accounts · AA
2023-10-31
accounts-with-accounts-type-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-12-28
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
gazette-notice-compulsory
gazette · GAZ1
2022-11-29
accounts-with-accounts-type-full
accounts · AA
2022-03-08
certificate-change-of-name-company
change-of-name · CERTNM
2021-10-14
termination-director-company-with-name-termination-date
officers · TM01
2021-09-09
appoint-person-director-company-with-name-date
officers · AP01
2021-09-09