AER (DEVELOPMENT) LTD

💤Zombieactive
12789923 · ltd · incorporated 2020-08-04
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
£848
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 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
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 · FRS 105 (micro)
Positive net assets
Net assets £848

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£848
↑ 187% YoY
Current Assets
£2k
↓ 48% YoY
Current Liabilities
-£979-£12£954£2k£3k£4kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£5.0k£3.1k
Current assets£2.0k£3.9k
Net assets£848£-979

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
1
filing
  • 1 address
Last 90 days
1
filing
  • 1 address
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-06-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-08-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-08-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-06-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-04-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-04-25
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  11. 2021-08-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-08-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-08-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2020-12-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2020-12-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-09-01
    BRADLEY, Andrea Rose resigned
    director
  17. 2020-09-01
    HOBSON, Robert William resigned
    director
  18. 2020-08-04
    🏢
    Company incorporated
    As AER (DEVELOPMENT) LTD
  19. 2020-08-04
    BURTON, Mary Elizabeth appointed
    director
  20. 2020-08-04
    BRADLEY, Andrea Rose appointed
    director
  21. 2020-08-04
    HOBSON, Robert William appointed
    director
  22. 2020-08-04
    📄
    incorporation-company
    incorporation · NEWINC

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
Mrs Mary Elizabeth Burton
Individual · British · DOB 04/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/08/2020
2 historic (ceased) PSCs
  • Mrs Andrea Rose Bradleyceased 01/09/2020· 25-50% shares · 25-50% voting
  • Mr Robert William Hobsonceased 01/09/2020· 25-50% shares · 25-50% voting

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

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
Incorporated2020-08-04
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Suite 5 1 Beevor Court
Off Pontefract Road
Barnsley
S71 1HG
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-17
Last: 2025-08-03

Officers (1 active · 2 resigned)

BURTON, Mary Elizabeth
director · ~50y · appointed 2020-08-04
View their other companies + combined net worth →
Active
BRADLEY, Andrea Rose
director · ~53y · appointed 2020-08-04 · resigned 2020-09-01
Resigned
HOBSON, Robert William
director · ~47y · appointed 2020-08-04 · resigned 2020-09-01
Resigned

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

Recent filings (21 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
change-person-director-company-with-change-date
officers · CH01
2025-08-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-23
accounts-with-accounts-type-dormant
accounts · AA
2022-04-25
change-account-reference-date-company-current-shortened
accounts · AA01
2022-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-03