AIROMAIR LIMITED

💤Zombieactive

SC328639 · ltd · incorporated 2007-08-01

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 39000

Sector: Water supply & waste

Investor take

Pursue

Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). 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 (73/100).

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (1 active, 4 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

48 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-08-31	2024-08-31	2023-08-31

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-05-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-06-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-04-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-05-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-05-05
➖
STARLING, Robert Edward resigned
director
2022-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-04-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-04-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-04-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-05-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-05-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-05-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-08-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-03
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2015-08-01
➖
MACDONALDS, SOLICITORS resigned
corporate-secretary
2007-12-01
➕
MURRAY, Keith Thomas Richard appointed
director
2007-12-01
➕
STARLING, Robert Edward appointed
director
2007-12-01
➖
WHITE, Joyce Helen resigned
director
2007-08-01
🏢
Company incorporated
As AIROMAIR LIMITED
2007-08-01
➕
MACDONALDS, SOLICITORS appointed
corporate-secretary
2007-08-01
➕
WHITE, Joyce Helen appointed
director

Owner dependency

93/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

78/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Keith Thomas Richard Murray Individual · British · DOB 04/1966 · age 60	25–50%	25–50%	sig. influence25-50% shares · 25-50% voting · significant influence	01/08/2016

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 · Energy & utilities · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BARR + WRAY HOLDINGS 2 LIMITED→ SC276252 · est 2004	£1.34M £963.0k–£1.71M	—	—	0	21y	84	59y
BARR + WRAY HOLDINGS LIMITED→ SC175728 · est 1997	£1.34M £963.0k–£1.71M	—	—	0	29y	82	59y
BAILLIE WINDFARM LIMITED→ SC256692 · est 2003 · no financials extracted	—	—	—	—	22y	83	71y
HIGHLANDER INTERNATIONAL RECYCLING LIMITED→ SC265586 · est 2004	—	—	£1.59M	—	22y	83	61y
HIGHLANDER SECURITY SHREDDING LTD→ SC395423 · est 2011	—	—	£646.8k	—	15y	83	61y
SPRUCE CARPETS LTD.→ SC280302 · est 2005 · no financials extracted	—	—	—	—	21y	83	70y
DPM WATER TECHNOLOGIES LIMITED→ SC264863 · est 2004	—	—	£353.6k	—	22y	82	71y
DRAINTEC SOLUTIONS LIMITED→ SC303174 · est 2006	—	—	£800.9k	—	20y	82	60y
MITCHELL THOMSON LIMITED→ SC028501 · est 1951	—	—	£251.0k	—	74y	82	58y
S.M. LIGHTING (SCOTLAND) LIMITED→ SC364594 · est 2009	—	—	£738.3k	—	16y	82	63y
ECO COIL HEATING LTD→ SC350309 · est 2008	—	—	—	—	17y	81	60y
CMI WASTE MANAGEMENT LIMITED→ SC106679 · est 1987	—	—	£828.1k	—	38y	80	79y

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

Incorporated2007-08-01

Jurisdictionscotland

Primary SIC39000 — SIC 39000

Registered office

2 Wyvis Place

Mearnskirk

Glasgow

G77 5FP

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2027-05-13

Last: 2026-04-29

Officers (1 active · 3 resigned)

MURRAY, Keith Thomas Richard→

director · ~60y · appointed 2007-12-01

View their other companies + combined net worth →

Active

MACDONALDS, SOLICITORS→

corporate-secretary · appointed 2007-08-01 · resigned 2015-08-01

Resigned

STARLING, Robert Edward→

director · ~64y · appointed 2007-12-01 · resigned 2022-05-05

Resigned

WHITE, Joyce Helen→

director · ~67y · appointed 2007-08-01 · resigned 2007-12-01

Resigned

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

Recent filings (48 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-05-26

accounts-with-accounts-type-dormant

accounts · AA

2026-05-26

accounts-with-accounts-type-dormant

accounts · AA

2025-06-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-04-29

accounts-with-accounts-type-dormant

accounts · AA

2024-04-22

accounts-with-accounts-type-dormant

accounts · AA

2023-05-04

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-04

termination-director-company-with-name-termination-date

officers · TM01

2022-05-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-05-05

accounts-with-accounts-type-dormant

accounts · AA

2022-05-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-04-29

accounts-with-accounts-type-dormant

accounts · AA

2021-04-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-08-11

accounts-with-accounts-type-dormant

accounts · AA

2020-04-23