AIRROSE LTD

🌿Early-stageactive
15725520 · ltd · incorporated 2024-05-17
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 May 2025
Net worth
£-74
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Painting
Sector: Construction
ALSO REGISTERED FOR
  • 43390Other building completion and finishing
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 70/100. 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: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
74
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £74

Key financials

1 year extracted from filed iXBRL accounts
Cash
£2k
Net Worth
-£74
Current Assets
£2k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-31
Total assets£-74
Current assets£2.5k
Cash£2.3k
Debtors£174
Net assets£-74

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 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
7
filings
  • 4 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-02-19
    KIAPENE, Areye Mekemi, Dr resigned
    secretary
  2. 2026-02-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2026-02-18
    KIAPENE, Areye Mekemi, Dr appointed
    director
  4. 2026-02-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-02-02
    KIAPENE, Areye Mekemi, Dr appointed
    secretary
  6. 2026-02-02
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2026-01-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2026-01-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2026-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2025-01-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-09-23
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2024-08-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2024-05-17
    🏢
    Company incorporated
    As AIRROSE LTD
  14. 2024-05-17
    SULE, Areremi appointed
    director
  15. 2024-05-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited 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

1 med · 1 low
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-09-23: certificate-change-of-name-company

Multiple registered office changes
low

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Areremi Sule
Individual · Nigerian · DOB 08/1989 · age 37
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest17/05/2024

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
Incorporated2024-05-17
Jurisdictionengland-wales
Primary SIC43341 — Painting

Registered office

Flat 2, 22-24 Lichfield Street
Wolverhampton
West Midlands
WV1 1DG
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-30
Last: 2026-05-16

Officers (2 active · 1 resigned)

KIAPENE, Areye Mekemi, Dr
director · ~53y · appointed 2026-02-18
View their other companies + combined net worth →
Active
SULE, Areremi
director · ~37y · appointed 2024-05-17
View their other companies + combined net worth →
Active
KIAPENE, Areye Mekemi, Dr
secretary · appointed 2026-02-02 · resigned 2026-02-19
Resigned

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

Recent filings (12 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-31
termination-secretary-company-with-name-termination-date
officers · TM02
2026-02-19
appoint-person-director-company-with-name-date
officers · AP01
2026-02-18
appoint-person-secretary-company-with-name-date
officers · AP03
2026-02-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-30
change-person-director-company-with-change-date
officers · CH01
2026-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-31
certificate-change-of-name-company
change-of-name · CERTNM
2024-09-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-28
incorporation-company
incorporation · NEWINC
2024-05-17