AIRTEC INTERNATIONAL LIMITED

🌳Matureactive
SC135384 · ltd · incorporated 1991-12-04
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 32.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 46620
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 32.8y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 32.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (32 events)Click to expand
  1. 2026-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2023-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2020-11-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2019-10-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2018-07-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2017-10-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2016-07-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2015-08-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-06-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2014-08-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2003-09-01
    ➕
    KILPATRICK, Alexander appointed
    secretary
  17. 2003-08-07
    ➖
    KAVANAGH, Liam Paul resigned
    secretary
  18. 2000-07-01
    ➕
    KAVANAGH, Liam Paul appointed
    secretary
  19. 2000-06-30
    ➖
    KENNEDY, Neil John resigned
    secretary
  20. 1993-07-22
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  21. 1993-07-21
    ➕
    KENNEDY, Neil John appointed
    secretary
  22. 1993-07-21
    ➖
    KILPATRICK, Alexander resigned
    secretary
  23. 1992-02-26
    ➕
    BISSOLI, Augusto appointed
    director
  24. 1992-02-26
    ➕
    KILPATRICK, Alexander appointed
    director
  25. 1992-02-26
    ➖
    BRUCE, Graeme Murray resigned
    nominee-secretary
  26. 1992-02-26
    ➕
    KILPATRICK, Alexander appointed
    secretary
  27. 1992-02-26
    ➖
    BRUCE, Graeme Murray resigned
    nominee-director
  28. 1992-02-26
    ➖
    GALBRAITH, Eric Roger resigned
    nominee-director
  29. 1991-12-04
    🏢
    Company incorporated
    As AIRTEC INTERNATIONAL LIMITED
  30. 1991-12-04
    ➕
    BRUCE, Graeme Murray appointed
    nominee-secretary
  31. 1991-12-04
    ➕
    BRUCE, Graeme Murray appointed
    nominee-director
  32. 1991-12-04
    ➕
    GALBRAITH, Eric Roger appointed
    nominee-director

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 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.)

Group structure

Kilpatrick Fraser Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Kilpatrick Fraser Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
AIRTEC INTERNATIONAL LIMITED
This company · SC135384

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Kilpatrick Fraser Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Augusto Bissoliceased 06/04/2016· 50-75% shares · 50-75% voting · trust interest

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 · Wholesale & distribution · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AARNIKA LIMITED→
SC535313 · est 2016 · no financials extracted
————9y——
ACTIVECLOBBERUK LTD→
SC877752 · est 2026 · no financials extracted
———————
AITKEN & STEWART LIMITED→
SC068486 · est 1979 · no financials extracted
————46y——
AJ IMPEX LIMITED→
SC641694 · est 2019 · no financials extracted
————6y——
ALAYASH LIMITED→
SC604041 · est 2018 · no financials extracted
————7y——
ALEX MATHER LIMITED→
SC078787 · est 1982 · no financials extracted
————43y——
ALI & NAQVI INVESTMENTS LIMITED→
SC608005 · est 2018 · no financials extracted
————7y——
ALIF GLOBAL ENTERPRISES LIMITED→
SC706006 · est 2021 · no financials extracted
————4y——
ALLT A' BHAINNE DISTILLERY LIMITED→
SC222300 · est 2001 · no financials extracted
————24y——
ALLURE BATHROOM & KITCHENS LIMITED→
SC834411 · est 2025 · no financials extracted
————1y——
ALPHA RENEWABLE WHOLESALE UK LTD→
SC746977 · est 2022 · no financials extracted
————3y——
ALPHA3 INTERNATIONAL LIMITED→
SC826304 · est 2024 · no financials extracted
————1y——
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
Incorporated1991-12-04
Jurisdictionscotland
Primary SIC46620 — SIC 46620

Registered office

Unit 5 Inner City Trading Estate
40 Couper Street
Glasgow
G4 0DL

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31

Officers (3 active · 6 resigned)

KILPATRICK, Alexander→
secretary · appointed 2003-09-01
View their other companies + combined net worth →
Active
BISSOLI, Augusto→
director · ~79y · appointed 1992-02-26
View their other companies + combined net worth →
Active
KILPATRICK, Alexander→
director · ~80y · appointed 1992-02-26
View their other companies + combined net worth →
Active
BRUCE, Graeme Murray→
nominee-secretary · appointed 1991-12-04 · resigned 1992-02-26
Resigned
KAVANAGH, Liam Paul→
secretary · appointed 2000-07-01 · resigned 2003-08-07
Resigned
KENNEDY, Neil John→
secretary · appointed 1993-07-21 · resigned 2000-06-30
Resigned
KILPATRICK, Alexander→
secretary · appointed 1992-02-26 · resigned 1993-07-21
Resigned
BRUCE, Graeme Murray→
nominee-director · ~67y · appointed 1991-12-04 · resigned 1992-02-26
Resigned
GALBRAITH, Eric Roger→
nominee-director · ~67y · appointed 1991-12-04 · resigned 1992-02-26
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
Virgin Money
Clydesdale Bank Public Limited Company
Bond & floating charge1 property22/07/1993—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-14
change-person-director-company-with-change-date
officers · CH01
2025-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-10
accounts-with-accounts-type-small
accounts · AA
2021-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-04
accounts-with-accounts-type-small
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-06
accounts-with-accounts-type-small
accounts · AA
2019-10-03