ADDIS FARMS LIMITED

🌳Matureactive
00394233 · ltd · incorporated 1945-03-27
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 01470
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 01500SIC 01500
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 85/100. Strong seller-intent signal (60/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 28.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 28.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
14 officers (4 active, 14 linked, 10 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
123 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees300300

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 (42 events)Click to expand
  1. 2025-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-09
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  5. 2023-08-09
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2023-08-09
    📄
    legacy
    capital · SH20
  7. 2023-08-09
    ⚠️
    legacy
    insolvency · CAP-SS
  8. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-04-25
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2022-04-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2022-04-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-03-26
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2022-02-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-02-17
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2022-02-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2022-02-11
    NEEDHAM, Russell John appointed
    secretary
  17. 2022-02-11
    NEEDHAM, Ruth Caroline resigned
    secretary
  18. 2022-02-11
    NEEDHAM, Max Anthony resigned
    director
  19. 2022-01-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-01-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2022-01-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-01-25
    CONNOLLY, Victoria Heather appointed
    director
  23. 2022-01-25
    NEEDHAM, Guy Robert appointed
    director
  24. 2022-01-25
    NEEDHAM, Russell John appointed
    director
  25. 2021-09-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2021-09-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  27. 2021-09-08
    🔓
    Charge satisfied #2
  28. 2021-09-08
    🔓
    Charge satisfied #1
  29. 2010-03-08
    NEEDHAM, Max Anthony resigned
    secretary
  30. 2010-03-08
    NEEDHAM, Ruth Caroline appointed
    secretary
  31. 2009-08-19
    NEEDHAM, Anthony Richard resigned
    director
  32. 1998-06-12
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  33. 1998-06-09
    NEEDHAM, Max Anthony appointed
    secretary
  34. 1998-06-09
    NEEDHAM, Michael Robert resigned
    secretary
  35. 1998-06-09
    NEEDHAM, Martin resigned
    director
  36. 1998-06-09
    NEEDHAM, Max Anthony appointed
    director
  37. 1998-06-09
    NEEDHAM, Michael Robert resigned
    director
  38. 1998-04-15
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  39. 1997-04-07
    SYMONDS, Robert William resigned
    director
  40. 1992-12-02
    JONES, Henry Knight resigned
    director
  41. 1992-12-01
    NEEDHAM, Dorothy Gwendoline resigned
    director
  42. 1945-03-27
    🏢
    Company incorporated
    As ADDIS FARMS LIMITED

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

Multiple 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.
  • secondaryStable-but-static management: Company is 81 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-08-09: legacy

Group structure

Addis Farm Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Addis Farm Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ADDIS FARMS LIMITED
This company · 00394233

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Addis Farm Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/03/2022
1 historic (ceased) PSC
  • Brooks Bros (Dudley) Ltdceased 31/03/2022· 75-100% shares · firm interest

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

7 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
Incorporated1945-03-27
Jurisdictionengland-wales
Primary SIC01470 — SIC 01470

Registered office

Addis Farm
Addis Lane
Droitwich
Worcestershire
WR9 0NB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-28
Last: 2025-12-14

Officers (4 active · 10 resigned)

NEEDHAM, Russell John
secretary · appointed 2022-02-11
View their other companies + combined net worth →
Active
CONNOLLY, Victoria Heather
director · ~60y · appointed 2022-01-25
View their other companies + combined net worth →
Active
NEEDHAM, Guy Robert
director · ~64y · appointed 2022-01-25
View their other companies + combined net worth →
Active
NEEDHAM, Russell John
director · ~62y · appointed 2022-01-25
View their other companies + combined net worth →
Active
NEEDHAM, Max Anthony
secretary · appointed 1998-06-09 · resigned 2010-03-08
Resigned
NEEDHAM, Michael Robert
secretary · resigned 1998-06-09
Resigned
NEEDHAM, Ruth Caroline
secretary · appointed 2010-03-08 · resigned 2022-02-11
Resigned
JONES, Henry Knight
director · ~118y · resigned 1992-12-02
Resigned
NEEDHAM, Anthony Richard
director · ~91y · resigned 2009-08-19
Resigned
NEEDHAM, Dorothy Gwendoline
director · ~126y · resigned 1992-12-01
Resigned
NEEDHAM, Martin
director · ~86y · resigned 1998-06-09
Resigned
NEEDHAM, Max Anthony
director · ~65y · appointed 1998-06-09 · resigned 2022-02-11
Resigned
NEEDHAM, Michael Robert
director · ~94y · resigned 1998-06-09
Resigned
SYMONDS, Robert William
director · ~88y · resigned 1997-04-07
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property12/06/199808/09/2021
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property15/04/199808/09/2021

Recent filings (123 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2023-08-09
resolution
resolution · RESOLUTIONS
2023-08-09
legacy
capital · SH20
2023-08-09
legacy
insolvency · CAP-SS
2023-08-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
change-account-reference-date-company-previous-extended
accounts · AA01
2022-04-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-04-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-04