BAPTON MANOR FARM LIMITED
🌳Matureactive
00414517 · ltd · incorporated 1946-07-08
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 Sept 2024
Net worth
£7.90M
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 68). 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
14 live charges · 6 lenders · oldest 79.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 79.7 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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
14 charges (14/14 with lender, 14/14 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
Network not yet resolved
30
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £7,898,023
Net assets shrinking
Down £33,552 YoY
Cash YoY
+202%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£422k
↑ 202% YoY
Net Worth
£7.9m
~ YoY
Current Assets
£1.5m
↓ 1.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £11.73M | £11.84M |
| Current assets | £1.46M | £1.48M |
| Cash | £422.0k | £139.9k |
| Debtors | £65.7k | £176.8k |
| Net assets | £7.90M | £7.93M |
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
9
filings
- • 6 persons-with-significant-control
- • 1 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2025-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19🔒Charge registered #14Lender: National Westminster Bank PLC
- 2025-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC06
- 2024-02-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC06
- 2023-12-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC03
- 2023-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-29➕LYALL, Tracy Elizabeth appointeddirector
- 2018-07-30🔒Charge registered #13Lender: National Westminster Bank PLC
- 2013-09-20🔒Charge registered #12Lender: National Westminster Bank PLC
- 2013-09-13🔒Charge registered #11Lender: National Westminster Bank PLC
- 2012-09-19🔒Charge registered #10Lender: National Westminster Bank PLC
- 2010-12-14➖LYALL, John Comyn resigneddirector
- 2008-10-29🔓Charge satisfied #3
- 2006-04-11🔓Charge satisfied #9
- 2006-04-11🔓Charge satisfied #8
- 2006-04-11🔓Charge satisfied #7
- 2006-04-11🔓Charge satisfied #6
- 2006-04-11🔓Charge satisfied #5
- 2006-04-11🔓Charge satisfied #4
- 2006-04-11🔓Charge satisfied #2
- 2006-04-11🔓Charge satisfied #1
- 1967-11-23🔒Charge registered #9Lender: Agricultural Mortgage Corpn. LTD
- 1964-08-10🔒Charge registered #8Lender: Agricultural Mortgage Corpn. LTD
- 1960-06-24🔒Charge registered #7Lender: Agricultural Mortgage Corpn. LTD
- 1955-07-05🔒Charge registered #6Lender: Agricultural Mortgage Corpn LTD
- 1954-03-18🔒Charge registered #5Lender: Agricultural Mortgage Corporn. LTD.
- 1953-09-29🔒Charge registered #4Lender: Agricultural Mortgage Corporn. LTD.
- 1948-05-13🔒Charge registered #3Lender: Branch Nominees LTD.
- 1947-07-11🔒Charge registered #2Lender: Agricultural Mortgage Corporation LTD
- 1946-09-12🔒Charge registered #1Lender: Agricultural Mortgage Corporation LTD
- 1946-07-08🏢Company incorporatedAs BAPTON MANOR FARM LIMITED
Owner dependency
81/100
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 age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 80 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Hettie Rose Joan Lyall Individual · British · DOB 04/1992 · age 34 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 24/11/2025 |
Mrs Tracy Elizabeth Lyall (Trustee) Individual · British · DOB 10/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 06/04/2016 |
Mr Christopher James Lyall (Trustee) Individual · British · DOB 09/1958 · age 68 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 06/04/2016 |
3 historic (ceased) PSCs
- 'Miss Hettie Rose Lyall'ceased 24/11/2025· 25-50% shares · 25-50% voting · trust interest
- Mr Christopher James Lyallceased 24/11/2025· 25-50% shares · 25-50% voting · trust interest
- Mr Timothy Christian Smart (Trustee)ceased 31/10/2023· 25-50% shares · 25-50% voting · trust interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A H GREEN & SON LIMITED→ 07268242 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A.J. AND R.G.BARBER LIMITED→ 00551460 · est 1955 · no financials extracted | — | — | — | — | 70y | — | — |
| ACARA HOLDINGS LIMITED→ 11854215 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ACREMAN FORESTRY LTD→ 08692688 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AJ LUKE CONTRACTING LTD→ 09102087 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ARBERI LIMITED→ 14512330 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARBOREAL LIMITED→ 16041080 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARBORINATI LIMITED→ 13796278 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AW AGRICULTURAL SOLUTIONS LTD→ 15561314 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BAGBOROUGH FARMS LIMITED→ 00568637 · est 1956 · no financials extracted | — | — | — | — | 69y | — | — |
| BANKS FARM (CHESTERBLADE) LIMITED→ 00797772 · est 1964 · no financials extracted | — | — | — | — | 62y | — | — |
| BARFORD POPE LTD→ 09019300 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated1946-07-08
Jurisdictionengland-wales
Primary SIC01500 — SIC 01500
Registered office
The Farm Office Bapton Manor Farm
Bapton
Warminster
BA12 0SB
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-12-21
Last: 2025-12-07
Officers (3 active · 1 resigned)
Active
Active
LYALL, Tracy Elizabeth→
Activedirector · ~61y · appointed 2019-03-29
View their other companies + combined net worth →
LYALL, John Comyn→
Resigneddirector · ~100y · resigned 2010-12-14
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
5
Outstanding
1
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 19/12/2025 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 30/07/2018 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 20/09/2013 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 13/09/2013 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 19/09/2012 | — | |
| satisfied | Agricultural Mortgage Corpn. Agricultural Mortgage Corpn. LTD | Further charge | 1 property | 23/11/1967 | 11/04/2006 | |
| satisfied | Agricultural Mortgage Corpn. Agricultural Mortgage Corpn. LTD | Further charge | 1 property | 10/08/1964 | 11/04/2006 | |
| satisfied | Agricultural Mortgage Corpn. Agricultural Mortgage Corpn. LTD | Further charge | 1 property | 24/06/1960 | 11/04/2006 | |
| satisfied | Agricultural Mortgage Corpn Agricultural Mortgage Corpn LTD | Further charge | 1 property | 05/07/1955 | 11/04/2006 | |
| satisfied | Agricultural Mortgage Corporn. . Agricultural Mortgage Corporn. LTD. | Further charge | 1 property | 18/03/1954 | 11/04/2006 | |
| satisfied | Agricultural Mortgage Corporn. . Agricultural Mortgage Corporn. LTD. | Legal charge | 1 property | 29/09/1953 | 11/04/2006 | |
| satisfied | Branch Nominees . Branch Nominees LTD. | Debenture | 1 property | 13/05/1948 | 29/10/2008 | |
| satisfied | Agricultural Mortgage Corporation Agricultural Mortgage Corporation LTD | Charge | 1 property | 11/07/1947 | 11/04/2006 | |
| satisfied | Agricultural Mortgage Corporation Agricultural Mortgage Corporation LTD | Mortgage | 1 property | 12/09/1946 | 11/04/2006 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (125 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-11
change-person-director-company-with-change-date
officers · CH01
2025-12-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC06
2024-02-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC06
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21