SPEUR AVIATION LTD
🏛️Establishedactive
SC563174 · ltd · incorporated 2017-04-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£-32.7k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 52230
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 1.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.3 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £32,685
Cash YoY
+4079%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£5k
↑ 4079% YoY
Net Worth
-£33k
↓ 2401% YoY
Current Assets
£6k
↓ 71% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £1.6k | £-1.3k |
| Current assets | £5.8k | £20.0k |
| Cash | £5.5k | £131 |
| Debtors | £295 | £19.8k |
| Net assets | £-32.7k | £-1.3k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-16🔒Charge registered #1Lender: Arkle Finance LTD
- 2024-10-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-29📄resolutionresolution · RESOLUTIONS
- 2019-08-29📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2019-08-29📄capital-name-of-class-of-sharescapital · SH08
- 2019-05-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2018-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-12➕STERNON, John appointeddirector
- 2017-04-11🏢Company incorporatedAs SPEUR AVIATION LTD
- 2017-04-11➕MYHILL, Leigh Samuel appointeddirector
Owner dependency
63/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Sternon Individual · Belgian · DOB 03/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/04/2018 |
Mr Leigh Samuel Myhill Individual · Irish · DOB 05/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/04/2017 |
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 · Transport & logistics · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MALMAR TAXIS LTD→ SC644456 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| MONEYACRES TRANSPORT LTD.→ SC317917 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| P.M.P.S KILMARNOCK LTD→ SC858999 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PORTRAIL GROUP (FLOATING PIERS) LIMITED→ SC345505 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| PPS - PRIME PARCEL SERVICES LTD→ SC666756 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SCOTLEE HAULAGE LIMITED→ SC553336 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SCOTSPACE LTD→ SC653831 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| SCOTT CABS (AYRSHIRE) LTD→ SC796594 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| SMITH'S COACHES (PATNA) LTD→ SC559788 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| SOUTHBAR TRANSPORT LIMITED→ SC299464 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| SPEEDFREIGHT SAMEDAY LIMITED→ SC849128 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SPITTAL HAULAGE SCOTLAND LIMITED→ SC494730 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2017-04-11
Jurisdictionscotland
Primary SIC52230 — SIC 52230
Registered office
26 Portland Road
Kilmarnock
Ayrshire
KA1 2EB
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-03
Last: 2025-05-20
Officers (2 active · 0 resigned)
MYHILL, Leigh Samuel→
Activedirector · ~52y · appointed 2017-04-11
View their other companies + combined net worth →
STERNON, John→
Activedirector · ~55y · appointed 2018-04-12
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Arkle Finance Arkle Finance LTD | A registered charge | 1 property | 16/01/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (35 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-09
change-person-director-company-with-change-date
officers · CH01
2021-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-17