BLACKMORE VALE FARM CREAM LIMITED
Opportunity 78/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 16 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
Refinance opportunity
18 live charges · 12 lenders · oldest 56.3y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 56.3 years old — likely at or near maturity.
- · 12 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 mortgage
- • 1 mortgage
- • 1 accounts
Corporate timeline (88 events)Click to expand
- 2026-03-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-16🔒Charge registered #18Lender: Wells Fargo Capital Finance (UK) Limited Acting in Capacity as Security Trustee
- 2026-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2025-11-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-07🔒Charge registered #17Lender: Wells Fargo Capital Finance (UK) Limited as Security Trustee
- 2024-12-31📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-04📄resolutionresolution · RESOLUTIONS
- 2024-03-04📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-03📄memorandum-articlesincorporation · MA
- 2024-03-03📄resolutionresolution · RESOLUTIONS
- 2024-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-28📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-02-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-02-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-02-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-19🔓Charge satisfied #14
- 2024-02-19🔓Charge satisfied #13
- 2024-02-19🔓Charge satisfied #12
- 2024-02-19🔓Charge satisfied #11
- 2024-02-19🔓Charge satisfied #10
- 2024-02-15➕WAUGH, Angus appointedsecretary
- 2024-02-15➕JARDINE, Greg Stewart Iain appointeddirector
- 2024-02-15➕MCCONE HANCOCK, Shelagh appointeddirector
- 2024-02-15➖HIGHNAM, Heledd Sian resignedsecretary
- 2024-02-15➖COWAN, Henry resigneddirector
- 2024-02-15➖HEYDON, Josh Clive resigneddirector
- 2024-02-15➖HIGHNAM, James William resigneddirector
- 2024-02-15➖WALLWORK, Andrew Robert resigneddirector
- 2024-02-15🔒Charge registered #16Lender: Castlewood Services One Limited and Renaissance Trust Corporation Limited as Trustees of the Cw Highnam Discretionary Settlement
- 2024-02-15🔒Charge registered #15Lender: Wells Fargo Capital Finance (UK) Limited as Security Trustee
- 2022-04-19➕WALLWORK, Andrew Robert appointeddirector
- 2021-11-01➖HEARD, Vaughan resigneddirector
- 2020-05-01➕HEYDON, Josh Clive appointeddirector
- 2019-08-02➖GEDDES, Jonathan George Moray resigneddirector
- 2018-10-01➕GEDDES, Jonathan George Moray appointeddirector
- 2018-07-30➖GORZEN, Wojciech Tadeusz resigneddirector
- 2016-07-26➕HEARD, Vaughan appointeddirector
- 2016-05-19➖RANDLE, Diane resigneddirector
- 2015-03-31➖MCINNES, Alan John resigneddirector
- 2015-03-24🔓Charge satisfied #9
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
First Milk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
First Milk Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 15/02/2024 |
2 historic (ceased) PSCs
- Renaissance Trust Corporation Limitedceased 15/02/2024· 75-100% shares · 75-100% voting · board control
- Castlewood Services One Limitedceased 15/02/2024· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| BULK HYDRO LTD→ 16872242 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CAMPBELL ENVIRONMENTAL OIL LIMITED→ 05515190 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
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| CORNNY DRINKS LIMITED→ 15855464 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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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 →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
Registered office
Filing status
Officers (3 active · 17 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Wells Fargo Capital Finance (UK) Acting in Capacity as Security Trustee Wells Fargo Capital Finance (UK) Limited Acting in Capacity as Security Trustee | A registered charge | 1 property | 16/03/2026 | — | |
| outstanding | Wells Fargo Capital Finance (UK) as Security Trustee Wells Fargo Capital Finance (UK) Limited as Security Trustee | A registered charge | — | 07/11/2025 | — | |
| outstanding | Castlewood Services One and Renaissance Trust Corporation as Trustees of the Cw Highnam Discretionary Settlement / Castlewood Services One and Renaissance Trust Corporation as Trustees of the Mv Highnam Discretionary Settlement / James William Highnam / Heledd Sian Highnam Castlewood Services One Limited and Renaissance Trust Corporation Limited as Trustees of the Cw Highnam Discretionary Settlement / Castlewood Services One Limited and Renaissance Trust Corporation Limited as Trustees of the Mv Highnam Discretionary Settlement / James William Highnam / Heledd Sian Highnam | A registered charge | 1 property | 15/02/2024 | — | |
| outstanding | Wells Fargo Capital Finance (UK) as Security Trustee Wells Fargo Capital Finance (UK) Limited as Security Trustee | A registered charge | 1 property | 15/02/2024 | — | |
| satisfied | HSBC Hsbc Asset Finance (UK) LTD / Hsbc Equipment Finance (UK) LTD | A registered charge | 1 property | 22/01/2015 | 19/02/2024 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 21/11/2014 | 19/02/2024 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 07/11/2014 | 19/02/2024 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 15/10/2014 | 19/02/2024 | |
| satisfied | HSBC Hsbc Asset Finance (UK) Limited and Hsbc Equipment Finance (UK) Limited | Chattels mortgage | 2 properties | 26/03/2012 | 19/02/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Debenture | 1 property | 11/11/2009 | 24/03/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Assignment of keyman life policy, intimation dated 15 september 2004 | 1 property | 13/09/2004 | 22/12/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Chattel mortgage | 1 property | 23/09/2003 | 22/12/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 02/09/2003 | 24/03/2015 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Debenture deed | 1 property | 29/01/1997 | 04/09/2003 | |
| satisfied | Lloyds Banking Group Tsb Commercial Finance Limited | Book debts debenture | 1 property | 23/08/1994 | 24/02/2004 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 24/04/1992 | 22/01/1997 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 11/10/1984 | 22/01/1997 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage | 1 property | 18/02/1970 | 31/03/1993 |