BANDANAIR LTD
🏛️Establishedactive
SC604904 · ltd · incorporated 2018-08-09
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 Aug 2024
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (81/100)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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | — | £22.4k |
| Current assets | — | £22.3k |
| Net assets | — | £22.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-06-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-02-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-13➖JACK, Donald Mcinnes resigneddirector
- 2024-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-03-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-18➖FINN, Kevin Gerard resigneddirector
- 2020-09-30📄change-person-director-company-with-change-dateofficers · CH01
- 2020-09-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-08-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-08-09🏢Company incorporatedAs BANDANAIR LTD
- 2018-08-09➕FAICHNEY, Jason appointeddirector
- 2018-08-09➕GARDNER, Paul Andrew appointeddirector
- 2018-08-09➕FINN, Kevin Gerard appointeddirector
- 2018-08-09➕JACK, Donald Mcinnes appointeddirector
- 2018-08-09📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- 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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jason Faichney Individual · British · DOB 07/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/08/2018 |
Donald Mcinnes Jack Individual · British · DOB 01/1957 · age 69 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/08/2018 |
Paul Andrew Gardner Individual · British · DOB 01/1962 · age 64 | — | — | board controlboard control | 09/08/2018 |
1 historic (ceased) PSC
- Mr Kevin Gerard Finnceased 18/02/2021· 25-50% shares · 25-50% voting · board control
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 · Retail · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B FIRST LIMITED→ SC550000 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BALMA ENTERPRISES LTD→ SC518114 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BAYTROVE LTD→ SC855918 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BEST BUY STORE LTD→ SC868863 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BIANCOBLUSH LIMITED→ SC727444 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BRAES FLOOR STORE LTD→ SC868609 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRAES RETAIL LTD→ SC803081 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BROCAM RETAIL (MADDISON) LTD→ SC652520 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BROOMRIDGE CONVENIENCE LTD→ SC855590 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BURHANS TRADERS LTD→ SC868212 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| C4STORE LTD→ SC873717 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| C7 CENTRE FOR SPORTS EXCELLENCE.UK LTD→ SC835221 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2018-08-09
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Registered office
12 Gilmours Place
Larbert
FK5 4XL
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (2 active · 2 resigned)
FAICHNEY, Jason→
Activedirector · ~49y · appointed 2018-08-09
View their other companies + combined net worth →
GARDNER, Paul Andrew→
Activedirector · ~64y · appointed 2018-08-09
View their other companies + combined net worth →
FINN, Kevin Gerard→
Resigneddirector · ~69y · appointed 2018-08-09 · resigned 2021-02-18
JACK, Donald Mcinnes→
Resigneddirector · ~69y · appointed 2018-08-09 · resigned 2025-02-13
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
accounts-with-accounts-type-dormant
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-22
termination-director-company-with-name-termination-date
officers · TM01
2025-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-03-08
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-08
termination-director-company-with-name-termination-date
officers · TM01
2021-03-08