BERNHARD'S RUGBY NURSERIES LIMITED
Opportunity 73/100 (strong), bankability 77/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 51.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 51.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 1200 | 1300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
- • 1 persons-with-significant-control
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (36 events)Click to expand
- 2026-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC06
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC06
- 2023-09-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-24➖BERNHARD, Jeffrey resigneddirector
- 2023-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-13📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2022-10-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-10-01➕MJPC CONSULTING LIMITED appointedcorporate-secretary
- 2022-10-01➖BERNHARD, Jeffrey resignedsecretary
- 2022-07-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-17➕MARSDEN, John Paul appointeddirector
- 2022-01-13📄capital-cancellation-sharescapital · SH06
- 2022-01-13📄capital-return-purchase-own-sharescapital · SH03
- 2021-12-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC03
- 2021-10-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-15➖BERNHARD, Stephen Geoffrey resigneddirector
- 2021-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-06-04🔓Charge satisfied #3
- 2010-06-04🔓Charge satisfied #2
- 2010-06-04🔓Charge satisfied #1
- 2006-06-22➕BERNHARD, Jeffrey appointedsecretary
- 2006-06-22➖COUNTER, Edward Charles resignedsecretary
- 2001-03-03🔓Charge satisfied #4
- 1998-12-07🔒Charge registered #4Lender: Midland Bank PLC
- 1992-02-11➖HEYTING, Theodore resigneddirector
- 1992-01-03🔒Charge registered #3Lender: The Agricultural Mortgage Corporation PLC
- 1991-03-18🔒Charge registered #2Lender: The Agricultural Mortgage Corporation PLC.
- 1974-08-01🔒Charge registered #1Lender: Midland Bank LTD
- 1973-10-01🏢Company incorporatedAs BERNHARD'S RUGBY NURSERIES LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 53 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Trustees Of The Jeffrey Bernhard Settlement 2020 Individual | — | — | sig. influencesignificant influence | 18/10/2021 |
2 historic (ceased) PSCs
- Mr Jeffrey Bernhardceased 18/10/2021· 25-50% shares
- Mr Stephen Geoffrey Bernhardceased 15/10/2021· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (2 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 07/12/1998 | 03/03/2001 | |
| satisfied | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Further collateral charge | 1 property | 03/01/1992 | 04/06/2010 | |
| satisfied | The Agricultural Mortgage Corporation . The Agricultural Mortgage Corporation PLC. | Collateral charge | 1 property | 18/03/1991 | 04/06/2010 | |
| satisfied | Midland Bank Midland Bank LTD | Floating charge | 1 property | 01/08/1974 | 04/06/2010 |