MINDRUM FARMING COMPANY LIMITED

🌳Matureactive
01021807 · ltd · incorporated 1971-08-20
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 13.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£390.9k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 83-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 83). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 13.1y

85/100
ready

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

  • · Oldest live charge is 13.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £390,924

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£391k
↑ 102% YoY
Current Assets
£537k
↑ 8.0% YoY
Current Liabilities
£0£107k£215k£322k£429k£537kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£811.3k£682.9k
Current assets£536.8k£496.9k
Net assets£390.9k£193.6k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-01
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2022-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-09-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-12-18
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  10. 2018-12-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2018-11-30
    FAIRFAX, Virginia Alexandra De L'Etang, The Hon Mrs resigned
    secretary
  12. 2018-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-09-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2017-09-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2017-09-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2017-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-02-13
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  18. 2013-05-21
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  19. 2013-04-04
    FAIRFAX, Miki appointed
    director
  20. 2012-02-23
    FAIRFAX, Peregrine John Wishart, The Hon resigned
    director
  21. 1971-08-20
    🏢
    Company incorporated
    As MINDRUM FARMING COMPANY LIMITED

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 55 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Thomas Philip Fairfax
Individual · British · DOB 05/1966 · age 60
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 · TD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LINDISFARNE LUING LIMITED
07449519 · est 2010 · no financials extracted
15y
LOWICK HALL ESTATES LIMITED(THE)
00368118 · est 1941 · no financials extracted
84y
PENMAR FARMING LIMITED
03053098 · est 1995 · no financials extracted
30y
REDPATH FISHERIES LTD
11712649 · est 2018 · no financials extracted
7y
RESTON & BERWICK FARMING COMPANY LIMITED
00060938 · est 1899 · no financials extracted
127y
ROBSON URWIN & CO. LIMITED
01106530 · est 1973 · no financials extracted
53y
RUTHERFORD FARMING LIMITED
03351752 · est 1997 · no financials extracted
29y
SIMPSONS MALT LIMITED
00153026 · est 1919 · no financials extracted
107y
SOS FARMING LTD
10780898 · est 2017 · no financials extracted
8y
STAGSBROOK GAME LTD
14421927 · est 2022 · no financials extracted
3y
THOMPSON'S WALLS LIMITED
06932638 · est 2009 · no financials extracted
16y
TILLMOUTH FARMING LIMITED
06640278 · est 2008 · no financials extracted
17y
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
Incorporated1971-08-20
Jurisdictionengland-wales
Primary SIC01500 — SIC 01500

Registered office

Mindrum Farm
Mindrum
Northumberland
TD12 4QN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12

Officers (3 active · 2 resigned)

FAIRFAX, Miki
director · ~55y · appointed 2013-04-04
View their other companies + combined net worth →
Active
FAIRFAX, Thomas Philip
director · ~60y
View their other companies + combined net worth →
Active
FAIRFAX, Virginia Alexandra De L'Etang, The Hon Mrs
director · ~83y
View their other companies + combined net worth →
Active
Resigned
FAIRFAX, Peregrine John Wishart, The Hon
director · ~101y · resigned 2012-02-23
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property21/05/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (101 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-12
change-account-reference-date-company-current-extended
accounts · AA01
2023-02-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-17
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-02
confirmation-statement-with-updates
confirmation-statement · CS01
2019-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-17