AIRCRAFT RISK COMPANY (LONDON) LIMITED

🌿Early-stageactive
15076210 · ltd · incorporated 2023-08-16
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£31.3k
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Special-situation opportunity
Distressed financial-services with salvageable qualities — special-situations priority.

Opportunity 66/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: high (83/100)

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
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £31,290

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£31k
↑ 428% YoY
Current Assets
£87k
↑ 457% YoY
Current Liabilities
£0£17k£35k£52k£70k£87kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£31.3k£5.9k
Current assets£87.4k£15.7k
Net assets£31.3k£5.9k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 2 address
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-03-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-02-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2025-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2025-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2024-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-09-05
    SPRULES, Jonathan David appointed
    director
  10. 2023-09-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-09-05
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2023-08-16
    🏢
    Company incorporated
    As AIRCRAFT RISK COMPANY (LONDON) LIMITED
  13. 2023-08-16
    FARQUHAR, Stuart appointed
    director
  14. 2023-08-16
    GALLIAS, Darren Nigel appointed
    director
  15. 2023-08-16
    READINGS, Nicholas Beresford appointed
    director
  16. 2023-08-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

60/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-29

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Cannon Asset Management Limited As Trustees Of The Patriot Horizon Trust
Corporate parent · holds 25-50% shares
significant stake
🏛️
Cannon Asset Management Limited As Trustees Of The Coopers Way Trust
Corporate parent · holds 25-50% shares
significant stake
AIRCRAFT RISK COMPANY (LONDON) LIMITED
This company · 15076210

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Cannon Asset Management Limited As Trustees Of The Patriot Horizon Trust
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting · trust interest05/03/2025
Cannon Asset Management Limited As Trustees Of The Coopers Way Trust
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting · trust interest05/03/2025
2 historic (ceased) PSCs
  • Mr Stuart Farquharceased 05/03/2025· 25-50% shares · 25-50% voting · board control
  • Mr Darren Nigel Galliasceased 05/03/2025· 25-50% shares · 25-50% voting · board control

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2023-08-16
Jurisdictionengland-wales
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

1 George Yard
4th Floor
London
EC3V 9DF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-29OVERDUE
Last: 2025-05-15

Officers (4 active · 0 resigned)

FARQUHAR, Stuart
director · ~45y · appointed 2023-08-16
View their other companies + combined net worth →
Active
GALLIAS, Darren Nigel
director · ~61y · appointed 2023-08-16
View their other companies + combined net worth →
Active
READINGS, Nicholas Beresford
director · ~74y · appointed 2023-08-16
View their other companies + combined net worth →
Active
SPRULES, Jonathan David
director · ~58y · appointed 2023-09-05
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-28
appoint-person-director-company-with-name-date
officers · AP01
2023-09-05
change-account-reference-date-company-current-shortened
accounts · AA01
2023-09-05
incorporation-company
incorporation · NEWINC
2023-08-16