KB AERO TECH LTD.

💤Zombieactive
SC496896 · ltd · incorporated 2015-02-05
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 Feb 2025
Net worth
£-20.1k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. 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: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 £20,085

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£20k
↓ 69% YoY
Current Assets
£705
~ YoY
Current Liabilities
-£20k-£16k-£12k-£8k-£3k£705Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-28
Total assets£-19.8k£-11.2k
Current assets£705£705
Net assets£-20.1k£-11.9k

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-11
    TOCKER, Janice resigned
    secretary
  10. 2017-12-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2017-12-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2017-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-10-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-03-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-02-05
    🏢
    Company incorporated
    As KB AERO TECH LTD.
  16. 2015-02-05
    GRAY, Farley Matthew appointed
    director
  17. 2015-02-05
    TOCKER, Janice appointed
    secretary
  18. 2015-02-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-19

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Farley Matthew Gray
Individual · British · DOB 06/1963 · age 63
75100%
75-100% shares06/04/2016

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
Incorporated2015-02-05
Jurisdictionscotland
Primary SIC33120 — Repair of machinery

Registered office

28-30 North Street
Dalry
KA24 5DW
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-19OVERDUE
Last: 2025-02-05

Officers (1 active · 1 resigned)

GRAY, Farley Matthew
director · ~63y · appointed 2015-02-05
View their other companies + combined net worth →
Active
TOCKER, Janice
secretary · appointed 2015-02-05 · resigned 2017-12-11
Resigned

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

Recent filings (23 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-29