D.A.READ(FARMS)LIMITED

🌳Matureactive

01059455 · ltd · incorporated 1972-06-26

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 2024

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 51.3y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 51.3 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

6 officers (3 active, 6 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

106 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-03-31
Average employees	200

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-01-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-06-05
🔓
Charge satisfied #3
2018-12-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-28
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2017-12-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-10-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-13
📍
move-registers-to-sail-company-with-new-address
address · AD03
2016-07-12
📍
change-sail-address-company-with-new-address
address · AD02
2016-03-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-05-07
➕
READ, Charlotte Jane Louise appointed
secretary
2009-05-07
➕
READ, Charlotte Jane Louise appointed
director
2009-05-07
➖
READ, Felicia Mary resigned
secretary
2009-05-07
➖
READ, David Arthur resigned
director
2009-05-07
➖
READ, Felicia Mary resigned
director
2003-07-01
➕
READ, Antony Arthur appointed
director
2003-06-25
🔒
Charge registered #5
Lender: Hsbc Bank PLC
1998-06-08
🔒
Charge registered #4
Lender: Amc Bank Limited
1991-05-17
🔒
Charge registered #3
Lender: Midland Bank PLC
1982-05-07
🔒
Charge registered #2
Lender: Agricultural Mortgage Corporation PLC
1975-03-14
🔒
Charge registered #1
Lender: Midland Bank PLC
1972-06-26
🏢
Company incorporated
As D.A.READ(FARMS)LIMITED

Owner dependency

99/100

Critical — business is the founder

The 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 name in company name: Company name contains director surname "READ" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 58 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 54 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.)

Group structure

A. A. Read (Farms) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

A. A. Read (Farms) Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

D.A.READ(FARMS)LIMITED

This company · 01059455

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
A. A. Read (Farms) Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% 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 · Other · LN postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ADAM JULIAN MARSHALL LTD→ 15751141 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BRANSTON PREPARED FOODS LIMITED→ 05866125 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
BUSY-NESS AUTOMATION LTD→ 16364150 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
COATS AND HOES LIMITED→ 13518357 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
COLPOSCOPY UK LIMITED→ 05435733 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
CONSERVATIVE FRIENDS OF THE COUNTRYSIDE LTD→ 14946093 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
COTSWOLDS (TSP OPERATIONS) LTD→ 14187827 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
CYBER SECURITY PARTNERSHIP LLP→ OC407204 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
DARK HORSE INVESTMENT CONSULTING LTD→ 14329400 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
DAS HAUS LIMITED→ 09356888 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
DAS LITE LTD→ 14936296 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
DAS WORLD LTD→ 14936393 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated1972-06-26

Jurisdictionengland-wales

Primary SIC99999 — SIC 99999

Registered office

Barr Farm Lincoln Road

Edlington

Horncastle

Lincolnshire

LN9 5NA

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-14

Last: 2026-02-28

Officers (3 active · 3 resigned)

READ, Charlotte Jane Louise→

secretary · appointed 2009-05-07

View their other companies + combined net worth →

Active

READ, Antony Arthur→

director · ~58y · appointed 2003-07-01

View their other companies + combined net worth →

Active

READ, Charlotte Jane Louise→

director · ~53y · appointed 2009-05-07

View their other companies + combined net worth →

Active

READ, Felicia Mary→

secretary · resigned 2009-05-07

Resigned

READ, David Arthur→

director · ~82y · resigned 2009-05-07

Resigned

READ, Felicia Mary→

director · ~81y · resigned 2009-05-07

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
outstanding	HSBC Hsbc Bank PLC	Legal mortgage	1 property	25/06/2003	—
outstanding	Amc Bank Amc Bank Limited	Deed of legal charge	1 property	08/06/1998	—
satisfied	Midland Bank Midland Bank PLC	Fixed and floating charge	1 property	17/05/1991	05/06/2019
outstanding	Agricultural Mortgage Corporation Agricultural Mortgage Corporation PLC	Charge	1 property	07/05/1982	—
outstanding	Midland Bank Midland Bank PLC	Floating charge	1 property	14/03/1975	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2026-05-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-01-03

confirmation-statement-with-updates

confirmation-statement · CS01

2025-03-17