A.E.CHEER LIMITED
🌳Matureactive
00679681 · ltd · incorporated 1961-01-05
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
£874.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
Investor take
PursueActive trading company with a 87-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 87). Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
17 live charges · 7 lenders · oldest 63.8y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 63.8 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
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
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
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 · accounting standard not declaredPositive net assets
Net assets £874,941
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£875k
↑ 5.1% YoY
Current Assets
£885k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-30 | 2024-03-30 |
|---|---|---|
| Total assets | £1.89M | £1.85M |
| Current assets | £885.2k | £1.02M |
| Debtors | £688.2k | £848.8k |
| Net assets | £874.9k | £832.5k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
- 2025-12-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-11-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-25🔓Charge satisfied #16
- 2025-11-25🔓Charge satisfied #15
- 2025-11-25🔓Charge satisfied #13
- 2025-11-25🔓Charge satisfied #12
- 2025-11-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-17🔒Charge registered #17Lender: National Westminster Bank PLC
- 2024-12-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-15🔒Charge registered #16Lender: Lloyds Bank PLC
- 2022-03-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-02-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-08-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-08-27🔒Charge registered #15Lender: Lloyds Bank PLC
- 2018-12-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-09-26🔒Charge registered #14Lender: Barclays Bank PLC
- 2014-04-10🔓Charge satisfied #11
- 2014-04-10🔓Charge satisfied #9
- 2014-04-10🔓Charge satisfied #8
- 2014-04-10🔓Charge satisfied #5
- 2014-04-10🔓Charge satisfied #4
- 2014-04-10🔓Charge satisfied #2
- 2010-01-27🔒Charge registered #13Lender: Lloyds Tsb Bank PLC
- 2010-01-08🔓Charge satisfied #1
- 2009-11-18🔒Charge registered #12Lender: Lloyds Tsb Bank PLC
- 2006-03-14➕CHEER, Joanna Louise appointedsecretary
- 2006-03-14➕CHEER, George Henry appointeddirector
- 2006-03-14➕CHEER, James Edward appointeddirector
- 2006-03-14➖CHEER, James Edward resignedsecretary
- 2006-02-16➖CHEER, Albert Edward resigneddirector
- 2004-06-24➖CHEER, Ann resignedsecretary
- 2004-06-24➕CHEER, James Edward appointedsecretary
- 2003-05-16🔒Charge registered #11Lender: Barclays Bank PLC
- 2002-03-04🔒Charge registered #10Lender: Amc Bank Limited
- 2000-01-13🔒Charge registered #9Lender: Barclays Bank PLC
- 1999-09-16🔒Charge registered #8Lender: Barclays Bank PLC
- 1998-09-30🔒Charge registered #7Lender: Amc Bank Limited
- 1995-05-02🔒Charge registered #6Lender: Amc PLC
- 1992-09-17🔒Charge registered #5Lender: Barclays Bank PLC
- 1991-07-26🔒Charge registered #4Lender: Barclays Bank PLC
- 1989-03-23🔒Charge registered #3Lender: The Agricultural Mortgage Corporation PLC
Showing most recent 50 of 53 events
Owner dependency
98/100
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
- +Founder name in company name: Company name contains director surname "CHEER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 87 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
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 87 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 65 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
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.
6 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 |
|---|---|---|---|---|
Mr James Edward Cheer Individual · British · DOB 03/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/11/2021 |
Mr George Henry Cheer Individual · British · DOB 04/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/11/2021 |
Mrs Ann Cheer Individual · British · DOB 04/1939 · age 87 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
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 & J GOODALE LIMITED→ 07827663 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| A. E. LENTON (ESTATES) LIMITED→ 00531491 · est 1954 · no financials extracted | — | — | — | — | 72y | — | — |
| A. H. WORTH (FOSDYKE) LIMITED→ 02320731 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| A.B. CAVE (NURSERIES) LIMITED→ 00446497 · est 1947 · no financials extracted | — | — | — | — | 78y | — | — |
| A.E. LENTON (MARKETING) LIMITED→ 00437502 · est 1947 · no financials extracted | — | — | — | — | 78y | — | — |
| A.E. SEXTON LIMITED→ 02470401 · est 1990 · no financials extracted | — | — | — | — | 36y | — | — |
| A.E.DENNETT & SON LIMITED→ 00797767 · est 1964 · no financials extracted | — | — | — | — | 62y | — | — |
| A.L. LEGGE & SON LIMITED→ 02038406 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| ABBOTS RIPTON FARMING COMPANY LIMITED→ 00619849 · est 1959 · no financials extracted | — | — | — | — | 67y | — | — |
| ACORN SEEDS LIMITED→ 06776336 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACREFIELD SOLUTIONS LIMITED→ 11266237 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ACTIVEACRE LTD→ 15462768 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1961-01-05
Jurisdictionengland-wales
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds
Registered office
Southfields Farm
Kirton
Nr Boston
Lincolnshire
PE20 1LS
Filing status
Accounts
Next due: 2026-12-30
Last made up to: 2025-03-30
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13
Officers (4 active · 3 resigned)
CHEER, Joanna Louise→
Activesecretary · appointed 2006-03-14
View their other companies + combined net worth →
Active
CHEER, George Henry→
Activedirector · ~62y · appointed 2006-03-14
View their other companies + combined net worth →
CHEER, James Edward→
Activedirector · ~59y · appointed 2006-03-14
View their other companies + combined net worth →
CHEER, Ann→
Resignedsecretary · resigned 2004-06-24
CHEER, James Edward→
Resignedsecretary · appointed 2004-06-24 · resigned 2006-03-14
CHEER, Albert Edward→
Resigneddirector · ~98y · resigned 2006-02-16
Click a director name to see their full track record across all companies.
Mortgages & charges
17
Total charges
6
Outstanding
5
Active lenders
Status:Lender:17 of 17 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 2 properties | 17/11/2025 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 15/09/2022 | 25/11/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 27/08/2019 | 25/11/2025 | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 26/09/2016 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 27/01/2010 | 25/11/2025 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 18/11/2009 | 25/11/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/05/2003 | 10/04/2014 | |
| outstanding | Amc Bank Amc Bank Limited | Legal charge | 1 property | 04/03/2002 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/01/2000 | 10/04/2014 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 16/09/1999 | 10/04/2014 | |
| outstanding | Amc Bank Amc Bank Limited | Collateral charge (as collateral with the deeds defined therein as the deed of legal charge together with the business loan agreement of even date for further securing the aggregate capital sum therein mentioned and owing by the company) | 1 property | 30/09/1998 | — | |
| outstanding | Amc Amc PLC | Further collateral charge | 1 property | 02/05/1995 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 17/09/1992 | 10/04/2014 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 26/07/1991 | 10/04/2014 | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Collateral charge | 1 property | 23/03/1989 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/03/1977 | 10/04/2014 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/08/1962 | 08/01/2010 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (111 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-28