AIRPROP LTD

💤Zombieactive
11095591 · ltd · incorporated 2017-12-04
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
£5.6k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 7.3y

15/100
under pressure

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

  • · Oldest live charge is 7.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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 · FRS 102
Positive net assets
Net assets £5,614
Net assets shrinking
Down £23,889 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
Net Worth
£6k
↓ 81% YoY
Current Assets
£7k
↓ 93% YoY
Current Liabilities
£0£20k£40k£60k£80k£100kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-302023-12-30
Total assets£354.3k£48.7k
Current assets£7.1k£100.0k
Cash£1.5k
Debtors£5.5k£100.0k
Net assets£5.6k£29.5k

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

🔒Filing-note intelligence

4 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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-04-22
    🔒
    Charge registered #3
    Lender: Paratus Amc Limited
  4. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-05-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-05-13
    🔒
    Charge registered #2
    Lender: Landbay Partners Limited
  7. 2024-02-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-02-12
    ARNETT, Beverley Jane resigned
    director
  9. 2023-11-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-11-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-11-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-12-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-09-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-09-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2019-09-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2019-04-08
    🔒
    Charge registered #1
    Lender: Charter Court Financial Services Limited
  22. 2018-11-01
    ARNETT, Beverley Jane appointed
    director
  23. 2017-12-04
    🏢
    Company incorporated
    As AIRPROP LTD
  24. 2017-12-04
    AIREY, Paul Alexander appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul Airey
Individual · British · DOB 02/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/12/2017

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 →

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14866315 · est 2023 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2017-12-04
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

809 Salisbury House 29 Finsbury Circus
London
EC2M 7AQ
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-30
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13

Officers (1 active · 1 resigned)

AIREY, Paul Alexander
director · ~38y · appointed 2017-12-04
View their other companies + combined net worth →
Active
ARNETT, Beverley Jane
director · ~66y · appointed 2018-11-01 · resigned 2024-02-12
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Paratus Amc
Paratus Amc Limited
A registered charge1 property22/04/2025
outstanding
Landbay
Landbay Partners Limited
A registered charge1 property13/05/2024
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property08/04/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-15
termination-director-company-with-name-termination-date
officers · TM01
2024-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-29
change-person-director-company-with-change-date
officers · CH01
2023-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28