11 AIR FITNESS LTD
🏛️Establishedactive
12881068 · ltd · incorporated 2020-09-15
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 Sept 2025
Net worth
£-5.3k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
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: 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
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 £5,268
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£5k
↓ 24% YoY
Current Assets
£2k
↓ 27% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £-4.9k | £-3.9k |
| Current assets | £1.9k | £2.6k |
| Net assets | £-5.3k | £-4.3k |
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 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2026-03-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-01-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-01📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-11-30📄gazette-notice-compulsorygazette · GAZ1
- 2020-09-15🏢Company incorporatedAs 11 AIR FITNESS LTD
- 2020-09-15➕GHATTAORA, Sandip Singh appointeddirector
- 2020-09-15➕GHATTOARA, Baljit Singh appointeddirector
- 2020-09-15📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- 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 Baljit Singh Ghattoara Individual · British · DOB 04/1966 · age 60 | — | 25–50% | 25-50% voting | 15/09/2020 |
Mr Sandip Singh Ghattaora Individual · British · DOB 06/1981 · age 45 | — | 25–50% | 25-50% voting | 15/09/2020 |
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 · Construction · UB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 PREMIUM TOUCH LTD LIMITED→ 15746044 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 247 PLUMBING & HEATING SERVICES LTD→ 15026960 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 4 BEAVER LTD→ 11319735 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 4BASE CONSTRUCTION LTD→ 09213424 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 7 DAYS CARPETS & WOOD FLOORING LIMITED→ 09001267 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| A&A PAINTING AND DECORATING LIMITED→ 13333454 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A1 BROTHER ROOFING AND CONSTRUCTION LTD→ 16938956 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A1 DIAMOND CONSTRUCTION LTD→ 17024937 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A1 EDGE LIMITED→ 17018748 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A1 HOME CONSTRUCTION LTD→ 16204667 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A1 PAINTING SERVICES LTD→ 16867121 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A1 PROPERTY SMART LTD→ 13840881 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2020-09-15
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
302 Allenby Road
Southall
UB1 2HP
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14
Officers (2 active · 0 resigned)
GHATTAORA, Sandip Singh→
Activedirector · ~45y · appointed 2020-09-15
View their other companies + combined net worth →
GHATTOARA, Baljit Singh→
Activedirector · ~60y · appointed 2020-09-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (15 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-09
gazette-filings-brought-up-to-date
gazette · DISS40
2021-12-01
gazette-notice-compulsory
gazette · GAZ1
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-24
incorporation-company
incorporation · NEWINC
2020-09-15