BANNISTER FARMS LIMITED

🌳Matureactive
00714797 · ltd · incorporated 1962-02-08
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£10.62M
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 54). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -62% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

8 live charges · 2 lenders · oldest 41.7y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 41.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
145 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
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £10,623,953
Net assets shrinking
Down £313,456 YoY
Cash draining
Cash down 62% YoY
Cash YoY
-62%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£370k
↓ 62% YoY
Net Worth
£11m
↓ 2.9% YoY
Current Assets
£508k
↓ 66% YoY
Current Liabilities
—
£0£2.2m£4.4m£6.6m£8.7m£11mMar 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
Total assets£10.69M£11.22M
Current assets£508.2k£1.49M
Cash£369.7k£971.2k
Debtors£138.5k£177.2k
Net assets£10.62M£10.94M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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 (45 events)Click to expand
  1. 2025-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-08-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-08-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-08-02
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2023-08-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-08-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-08-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-05-02
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2022-07-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-12-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-05-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2021-05-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2020-11-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2020-11-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2020-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2016-05-24
    ➖
    BARTLETT, Simon James resigned
    director
  21. 2015-05-07
    🔓
    Charge satisfied #8
  22. 2015-05-07
    🔓
    Charge satisfied #7
  23. 2015-05-07
    🔓
    Charge satisfied #6
  24. 2015-05-07
    🔓
    Charge satisfied #5
  25. 2015-05-07
    🔓
    Charge satisfied #4
  26. 2014-04-11
    ➕
    WHITE, Simon James appointed
    director
  27. 2014-04-11
    ➖
    BANNISTER, Thomas Benjamin resigned
    director
  28. 2008-08-06
    ➕
    WHITE, Bridget Mary appointed
    secretary
  29. 2008-08-06
    ➖
    BANNISTER, Thomas Benjamin resigned
    secretary
  30. 2007-11-29
    🔒
    Charge registered #8
    Lender: National Westminster Bank PLC
  31. 2007-11-27
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  32. 2005-09-30
    🔓
    Charge satisfied #3
  33. 2005-09-30
    🔓
    Charge satisfied #2
  34. 2005-09-09
    🔓
    Charge satisfied #1
  35. 2005-01-28
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  36. 2005-01-28
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
  37. 2005-01-28
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  38. 2004-11-21
    ➕
    WHITE, Bridget Mary appointed
    director
  39. 2004-10-25
    ➖
    BANNISTER, Sheila Mary resigned
    director
  40. 2004-02-24
    ➖
    BANNISTER, Marshall Godfrey William resigned
    director
  41. 2002-01-24
    ➕
    BARTLETT, Simon James appointed
    director
  42. 1984-12-20
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  43. 1984-09-25
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  44. 1984-09-25
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  45. 1962-02-08
    🏢
    Company incorporated
    As BANNISTER FARMS LIMITED

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 64 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 ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Bridget Mary White
Individual · British · DOB 11/1972 · age 54
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mr Simon James White
Individual · British · DOB 02/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting05/05/2021
2 historic (ceased) PSCs
  • Mr Thomas Benjamin Bannister Deceasedceased 17/10/2020· 25-50% shares · 25-50% voting
  • Mr Simon James Whiteceased 23/11/2016· 25-50% shares · 25-50% voting

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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12427627 · est 2020 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1962-02-08
Jurisdictionengland-wales
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

Ovens Farm Brinkhill Road
Harrington
Louth
Lincolnshire
LN11 8RD
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20

Officers (3 active · 5 resigned)

WHITE, Bridget Mary→
secretary · appointed 2008-08-06
View their other companies + combined net worth →
Active
WHITE, Bridget Mary→
director · ~54y · appointed 2004-11-21
View their other companies + combined net worth →
Active
WHITE, Simon James→
director · ~54y · appointed 2014-04-11
View their other companies + combined net worth →
Active
BANNISTER, Thomas Benjamin→
secretary · resigned 2008-08-06
Resigned
BANNISTER, Marshall Godfrey William→
director · ~120y · resigned 2004-02-24
Resigned
BANNISTER, Sheila Mary→
director · ~79y · resigned 2004-10-25
Resigned
BANNISTER, Thomas Benjamin→
director · ~87y · resigned 2014-04-11
Resigned
BARTLETT, Simon James→
director · ~56y · appointed 2002-01-24 · resigned 2016-05-24
Resigned

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

Mortgages & charges

8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property29/11/200707/05/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property27/11/200707/05/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property28/01/200507/05/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property28/01/200507/05/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property28/01/200507/05/2015
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal charge1 property20/12/198430/09/2005
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal charge1 property25/09/198430/09/2005
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal charge2 properties25/09/198409/09/2005

Recent filings (145 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-03
change-person-director-company-with-change-date
officers · CH01
2023-08-02
change-person-secretary-company-with-change-date
officers · CH03
2023-08-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-02
change-person-director-company-with-change-date
officers · CH01
2023-08-02
change-account-reference-date-company-previous-extended
accounts · AA01
2023-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25