AIRFIELD BUSINESS UNITS LTD
🏛️Establishedactive
12516465 · ltd · incorporated 2020-03-13
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-4.1k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
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
2 connected companies via shared directors
51
Filing history
15 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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £4,109
Net assets shrinking
Down £27,350 YoY
Cash YoY
+225%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£33k
↑ 225% YoY
Net Worth
-£4k
↓ 118% YoY
Current Assets
£126k
↑ 66% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £7.2k | £36.2k |
| Current assets | £126.0k | £76.0k |
| Cash | £32.8k | £10.1k |
| Debtors | £93.3k | £66.0k |
| Net assets | £-4.1k | £23.2k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-06-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-06-29📄gazette-notice-compulsorygazette · GAZ1
- 2020-03-13🏢Company incorporatedAs AIRFIELD BUSINESS UNITS LTD
- 2020-03-13➕MINTON, Laura Elizabeth appointeddirector
- 2020-03-13➕ROBINSON, Ricki Lee appointeddirector
- 2020-03-13📄incorporation-companyincorporation · NEWINC
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 6 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 |
|---|---|---|---|---|
Miss Laura Elizabeth Minton Individual · British · DOB 11/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 13/03/2020 |
Mr Ricki Lee Robinson Individual · British · DOB 12/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 13/03/2020 |
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 · Property · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACORN PROPERTY COMPANY 2018 LIMITED→ 11109195 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AD PROPERTY (SW) LTD→ 15677193 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADEY INVESTMENTS LTD→ 16586666 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFFORDABLE HOUSING UK LIMITED→ 06030300 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AGP PROPERTY DEVELOPMENT LTD→ 13179017 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AIM EXCELSIS LTD→ 11698136 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AIR PROPERTY UK LTD→ 13095336 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AJ RESIDENTIAL SERVICES LTD→ 12998200 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AJB VENTURES LTD→ 12329761 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AJS DEVELOPMENTS (GREENFIELD HOUSE) LTD→ 13815734 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AK PROP HOLDING LTD→ 14102534 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALBEMARLE (ILFRACOMBE) LIMITED→ 05980335 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated2020-03-13
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
69 High Street
Bideford
Devon
EX39 2AT
United Kingdom
Filing status
Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12
Officers (2 active · 0 resigned)
MINTON, Laura Elizabeth→
Activedirector · ~38y · appointed 2020-03-13
View their other companies + combined net worth →
ROBINSON, Ricki Lee→
Activedirector · ~42y · appointed 2020-03-13
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (15 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-09
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-12-10
gazette-filings-brought-up-to-date
gazette · DISS40
2021-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-29
gazette-notice-compulsory
gazette · GAZ1
2021-06-29
incorporation-company
incorporation · NEWINC
2020-03-13