AIRSOURCE VENTILATION LIMITED
Company number 07391720 · Monitor this company
Executive summary
Airsource Ventilation Limited presents a mixed risk profile. While the company maintains positive net assets of £1.07M, adequate liquidity, and a 15-year operating history in a relevant manufacturing sector, the unexplained erosion of approximately £1.62M in net assets between FY2023 and FY2024 — combined with an unusual negative share premium account and the company's choice to file abridged accounts — creates significant information asymmetry for prospective investors. The modest FY2025 recovery is encouraging but insufficient to resolve concerns without access to full financial statements. Thorough due diligence is recommended, with particular focus on the FY2024 decline, capital restructuring history, and the financial position of the controlling shareholder, Asav Holdings Ltd.
Shareholders' funds
£1,583,364
Balance sheet as at 2025-09-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2010-09-29
- Employees
- 30 (2025 accounts)
- Registered office
- Unit B1 Lyntown Trading Estate, Lynwell Road Eccles, Manchester, M30 9QG
- Postcode
- M30 9QG
- Capital
- 33 GBP
- Accounts category
- Unaudited Abridged
Accounts
- Last made up to
- 2025-09-30
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2026-09-30
- Next due by
- 2027-10-14
Nature of business (SIC)
- 28250 Manufacture of non-domestic cooling and ventilation equipment
Officers 4 current
Group structure
Controlled by ASAV HOLDINGS LTD — since 2024-02-07
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB769153 (Tier 2), registered since 2024.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- airsource.org
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UNIT A5 LYNTOWN TRADING ESTATE, LYNWELL ROAD, ECCLES, MANCHESTER, M30 9QG, UNITED KINGDOM | 2011-10-07 |
| HAMILTON DAVIES HOUSE LIVERPOOL ROAD, CADISHEAD, MANCHESTER, M44 5BG, UNITED KINGDOM | 2011-02-02 |
Among its peers
Top 25%
by shareholders' funds, of 87 similar companies in M — measured against the wider sector
Among the biggest employers among its local peers (30 staff).
Trading since 2010.
The class of 2010
20%
of the 376,889 companies incorporated in 2010 are still active today; 78% have since been dissolved.
A fact about the year, not a forecast for this company.