AERY LIMITED
🏛️Establishedactive
11787482 · ltd · incorporated 2019-01-25
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 Jan 2025
Net worth
£371.3k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 57/100. 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
5 live charges · 3 lenders · oldest 3.7y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.7 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
28 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 £371,306
Cash YoY
+74%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£117k
↑ 74% YoY
Net Worth
£371k
↑ 1.9% YoY
Current Assets
£1.5m
↑ 36% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £602.7k | £504.9k |
| Current assets | £1.49M | £1.10M |
| Cash | £116.5k | £67.1k |
| Debtors | £757.5k | £511.5k |
| Net assets | £371.3k | £364.2k |
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 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-20🔓Charge satisfied #1
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-24🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2023-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-05🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2023-05-05🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2023-04-28🔒Charge registered #2Lender: Hsbc Invoice Finance (UK) Limited
- 2022-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-21🔒Charge registered #1Lender: Marketfinance Limited
- 2022-06-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-06-14📄gazette-notice-compulsorygazette · GAZ1
- 2021-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-28📄resolutionresolution · RESOLUTIONS
- 2020-04-28📄memorandum-articlesincorporation · MA
- 2020-04-23📄capital-allotment-sharescapital · SH01
- 2019-01-25🏢Company incorporatedAs AERY LIMITED
- 2019-01-25➕HEFFERNAN, David John appointeddirector
- 2019-01-25➕THOMAS, Mathew Star 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 7 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David John Heffernan Individual · British · DOB 10/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/01/2019 |
Mr Mathew Star Thomas Individual · British · DOB 04/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/01/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGAINST THE GRAIN KITCHEN WHOLESALE LTD→ 16997959 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AGENDA SALON CONCEPTS LIMITED→ 05133615 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AGM EUROPE LIMITED→ 11008630 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGRIA LTD→ 14026033 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AHMAD FAROOQ LTD→ 16817060 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AID BOX TRADING LTD→ 12319337 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AK SUPPLIERS LTD→ 15304203 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AKNDOVER LTD→ 17073398 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALBIAS LTD→ 13934943 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ALBION ECO PRO LTD→ 14124269 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALFRESCO DRINKS LIMITED→ 03279032 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ALL THINGS SUPER LTD→ 15166360 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2019-01-25
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Boyce's Building 40-42 Regent Street
Clifton
Bristol
BS8 4HU
United Kingdom
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19
Officers (2 active · 0 resigned)
HEFFERNAN, David John→
Activedirector · ~51y · appointed 2019-01-25
View their other companies + combined net worth →
THOMAS, Mathew Star→
Activedirector · ~55y · appointed 2019-01-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 24/05/2023 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 05/05/2023 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 05/05/2023 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | — | 28/04/2023 | — | |
| satisfied | Marketfinance Marketfinance Limited | A registered charge | — | 21/10/2022 | 20/06/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-22
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-21
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-15