AIRDRATE LTD

🏛️Establishedactive
11357624 · ltd · incorporated 2018-05-11
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-30.0k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 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
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £30,025

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£30k
↑ 12% YoY
Current Assets
£16k
↑ 33% YoY
Current Liabilities
-£34k-£24k-£14k-£4k£6k£16kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-30.0k£-34.1k
Current assets£16.2k£12.2k
Net assets£-30.0k£-34.1k

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
2
filings
  • 1 officers
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-05-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-05-20
    BRADLEY, William Alan resigned
    director
  3. 2025-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-04-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-04-01
    COLEMAN, Amanda Jane appointed
    director
  7. 2024-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-03-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-03-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-11-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-08-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2018-05-11
    🏢
    Company incorporated
    As AIRDRATE LTD
  17. 2018-05-11
    BRADLEY, Paul appointed
    director
  18. 2018-05-11
    BRADLEY, William Alan appointed
    director
  19. 2018-05-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Bradley
Individual · British · DOB 03/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control11/05/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2018-05-11
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Ground Floor, Custom House
Waterfront East
Brierley Hill
West Midlands
DY5 1XH
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-24
Last: 2026-05-10

Officers (2 active · 1 resigned)

BRADLEY, Paul
director · ~58y · appointed 2018-05-11
View their other companies + combined net worth →
Active
COLEMAN, Amanda Jane
director · ~57y · appointed 2025-04-01
View their other companies + combined net worth →
Active
BRADLEY, William Alan
director · ~81y · appointed 2018-05-11 · resigned 2026-05-20
Resigned

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

Recent filings (22 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
change-person-director-company-with-change-date
officers · CH01
2025-04-26
appoint-person-director-company-with-name-date
officers · AP01
2025-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-09