AIR SMITH LIMITED

💤Zombieactive
SC733073 · ltd · incorporated 2022-05-20
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
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Turnover
year to May 2025
Net worth
£27.2k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (79/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
11 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
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £27,243

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£27k
↑ 11493% YoY
Current Assets
£67k
↑ 144% YoY
Current Liabilities
£0£13k£27k£40k£54k£67kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£27.2k£235
Current assets£67.0k£27.5k
Net assets£27.2k£235

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 (10 events)Click to expand
  1. 2025-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-01-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-06-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-05-20
    🏢
    Company incorporated
    As AIR SMITH LIMITED
  9. 2022-05-20
    SMITH, Jordan appointed
    director
  10. 2022-05-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder name in company name: Company name contains director surname "SMITH" — strong identity link between founder and business.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Jordan Smith
Individual · British · DOB 09/1995 · age 31
sig. influencesignificant influence20/05/2022

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 →

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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
Incorporated2022-05-20
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

3 Robbiesland Drive
3 Robbiesland Drive
Cumnock
KA18 1UD
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-02
Last: 2025-05-19

Officers (1 active · 0 resigned)

SMITH, Jordan
director · ~31y · appointed 2022-05-20
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
incorporation-company
incorporation · NEWINC
2022-05-20