{"name":"AIRSOURCE VENTILATION LIMITED","company_number":"07391720","status":"Active","type":"Private Limited Company","incorporated":"2010-09-29","dissolved":null,"registered_office":"Unit B1 Lyntown Trading Estate, Lynwell Road Eccles, Manchester, M30 9QG","postcode":"M30 9QG","sic_codes":[{"code":28250,"description":"Manufacture of non-domestic cooling and ventilation equipment"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Unaudited Abridged","year_end":"30 September","last_made_up_to":"2025-09-30","next_due":"2027-06-30"},"employees":{"count":30,"accounts_date":"2025-09-30"},"financials":[{"financial_date":"2025-09-30","net_assets":1074589,"cash":801136,"average_employees":30},{"financial_date":"2024-09-30","net_assets":1022631,"cash":842782,"average_employees":30},{"financial_date":"2023-09-30","net_assets":2643249,"cash":2247429},{"financial_date":"2022-09-30","net_assets":1935135,"cash":1566397},{"financial_date":"2021-09-30","net_assets":1724752,"cash":1480300}],"officers":{"current":4,"resigned":0,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://airsource.org","links":{"page":"https://www.companiesintheuk.co.uk/ltd/airsource-ventilation","people":"https://www.companiesintheuk.co.uk/company/airsource-ventilation/people","filing_history":"https://www.companiesintheuk.co.uk/company/airsource-ventilation/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07391720","financials":"https://www.companiesintheuk.co.uk/company/airsource-ventilation/financial","control":"https://www.companiesintheuk.co.uk/company/airsource-ventilation/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/airsource-ventilation/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/airsource-ventilation"}