AIR DM LTD

💤Zombieactive
14476168 · ltd · incorporated 2022-11-10
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 Nov 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 51102
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company 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).

🏦

Refinance opportunity

1 live charge · oldest 3.0y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 3.0 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
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
14 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
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Average employees100100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
2
filings
  • 2 persons-with-significant-control
Last 180 days
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-03-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-03-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-11-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-11-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2024-11-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-11-01
    MCFADDEN, David John Noble resigned
    director
  9. 2024-10-30
    O'BRIEN, Leonard appointed
    director
  10. 2024-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-06-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2023-06-08
    🔒
    Charge registered #1
    Lender: Mumuni Gagazau
  13. 2023-04-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-04-04
    MCFADDEN, Roxani Irene Jaqueline resigned
    director
  15. 2022-11-10
    🏢
    Company incorporated
    As AIR DM LTD
  16. 2022-11-10
    MCFADDEN, David John Noble appointed
    director
  17. 2022-11-10
    MCFADDEN, Roxani Irene Jaqueline appointed
    director
  18. 2022-11-10
    📄
    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.)

Group structure

Salamander Group is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Salamander Group
Corporate parent · holds 75-100% shares
ultimate parent
AIR DM LTD
This company · 14476168

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Salamander Group
Corporate entity
75100%
75-100% shares01/03/2026
2 historic (ceased) PSCs
  • Mr Leonard O'Brienceased 01/03/2026· 75-100% shares · 75-100% voting · board control
  • Mr David John Noble Mcfaddenceased 31/10/2024· 75-100% shares · 75-100% voting · board control

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

8 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
Incorporated2022-11-10
Jurisdictionengland-wales
Primary SIC51102 — SIC 51102

Registered office

Windsor House
Bayshill Road
Cheltenham
Gloucestershire
GL50 3AT
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (1 active · 2 resigned)

O'BRIEN, Leonard
director · ~57y · appointed 2024-10-30
View their other companies + combined net worth →
Active
MCFADDEN, David John Noble
director · ~80y · appointed 2022-11-10 · resigned 2024-11-01
Resigned
MCFADDEN, Roxani Irene Jaqueline
director · ~49y · appointed 2022-11-10 · resigned 2023-04-04
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Mumuni Gagazau
A registered charge1 property08/06/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-03
termination-director-company-with-name-termination-date
officers · TM01
2024-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-28
appoint-person-director-company-with-name-date
officers · AP01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-23
termination-director-company-with-name-termination-date
officers · TM01
2023-04-06
incorporation-company
incorporation · NEWINC
2022-11-10