AVERYS (RADNAGE) LIMITED
🌳Matureactive
00338336 · ltd · incorporated 1938-03-25
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 Mar 2025
Net worth
£4.78M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 104.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 104.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 6 total, 6 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £4,776,184
Net assets shrinking
Down £471,336 YoY
Cash YoY
+13%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£106k
↑ 13% YoY
Net Worth
£4.8m
↓ 9.0% YoY
Current Assets
£739k
↓ 43% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £9.47M | £10.06M |
| Current assets | £739.2k | £1.29M |
| Cash | £105.6k | £93.4k |
| Debtors | £33.6k | £107.5k |
| Net assets | £4.78M | £5.25M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-25📄resolutionresolution · RESOLUTIONS
- 2023-05-25📄resolutionresolution · RESOLUTIONS
- 2023-05-25📄resolutionresolution · RESOLUTIONS
- 2023-05-25📄memorandum-articlesincorporation · MA
- 2023-05-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-18📄capital-allotment-sharescapital · SH01
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-15📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2022-11-15📍change-sail-address-company-with-new-addressaddress · AD02
- 2022-11-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-22➖AVERY, Christopher George resigneddirector
- 2013-02-28🔒Charge registered #4Lender: The Agricultural Mortgage Corporation PLC
- 2013-02-21➕AVERY, Roderick James appointeddirector
- 2010-01-12➕AVERY, Penelope Ruth appointeddirector
- 1995-12-02🔓Charge satisfied #3
- 1940-11-19🔒Charge registered #3Lender: Westminster Bank Limited
- 1938-03-25🏢Company incorporatedAs AVERYS (RADNAGE) LIMITED
- 1938-03-05🔒Charge registered #2Lender: J.A.Hutt
- 1921-10-25🔒Charge registered #1Lender: Miss N.C.D.Wood
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "AVERY" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
89/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 88 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Penelope Ruth Avery Individual · British · DOB 01/1950 · age 76 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 22/08/2017 |
Mr Nicholas John Avery Individual · British · DOB 03/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 21/08/2019 |
Mr Roderick James Avery Individual · British · DOB 05/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 21/08/2019 |
3 historic (ceased) PSCs
- Mr Roderick James Averyceased 06/11/2018· 25-50% shares · 25-50% voting · trust interest
- Mr Nicholas John Averyceased 06/11/2018· 25-50% shares · 25-50% voting · trust interest
- Mr Christopher George Averyceased 22/08/2017· 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 · Agriculture · PE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.R. CRAVEN FARMS LIMITED→ 03115021 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| ANGLIA SALADS LIMITED→ 04333110 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| AQUADAL LTD→ 16553921 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARMSTRONG & SON AGRI AND STRAW MANAGEMENT LIMITED→ 14781745 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ARMSTRONG AGRICULTURE LIMITED→ 04651016 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ATKIN & FARROW LIMITED→ 00600264 · est 1958 · no financials extracted | — | — | — | — | 68y | — | — |
| ATKINSONS FARMS LIMITED→ 00559111 · est 1955 · no financials extracted | — | — | — | — | 70y | — | — |
| AUNBY FARMING LIMITED→ 16553179 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AVON BULBS & PLANTS LTD→ 15837617 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| B BUSH & SONS LIMITED→ 07281214 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| B.A.HERD & SON LIMITED→ 09391236 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BAH HUMBUG TRADING LTD→ 12248647 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated1938-03-25
Jurisdictionengland-wales
Primary SIC01500 — SIC 01500
Registered office
Eastfield House Eastfield Farm
Mavis Enderby
Spilsby
Lincolnshire
PE23 4EJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14
Officers (3 active · 1 resigned)
Active
AVERY, Penelope Ruth→
Activedirector · ~76y · appointed 2010-01-12
View their other companies + combined net worth →
AVERY, Roderick James→
Activedirector · ~49y · appointed 2013-02-21
View their other companies + combined net worth →
AVERY, Christopher George→
Resigneddirector · ~80y · resigned 2017-08-22
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Mortgage | 2 properties | 28/02/2013 | — | |
| satisfied | Westminster Bank Westminster Bank Limited | Legal charge | 1 property | 19/11/1940 | 02/12/1995 | |
| outstanding | J.A.Hutt | Charge | 1 property | 05/03/1938 | — | |
| outstanding | Miss N.C.D.Wood / E.Woodward / Mrs S.S.Wood | Mortgage | 1 property | 25/10/1921 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (130 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-16
resolution
resolution · RESOLUTIONS
2023-05-25
resolution
resolution · RESOLUTIONS
2023-05-25
resolution
resolution · RESOLUTIONS
2023-05-25
memorandum-articles
incorporation · MA
2023-05-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-18
capital-allotment-shares
capital · SH01
2023-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
move-registers-to-sail-company-with-new-address
address · AD03
2022-11-15