ARGRAIN LIMITED
📉Decliningactive
01223191 · ltd · incorporated 1975-08-15
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Post-harvest crop activities
Sector: Agriculture, forestry & fishing
Investor take
PursueConservative operator with a 62-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (80/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (85/100).
🏦
Refinance opportunity
10 live charges · 3 lenders · oldest 43.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 43.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
155 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £768,706
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Profit before tax | £768.7k | £1.26M |
| Average employees | 35 | 3400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
1
filing
- • 1 persons-with-significant-control
Last 90 days
1
filing
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 1 persons-with-significant-control
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
- 2026-06-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-16📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-28📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-29➕PADGETT, Richard appointeddirector
- 2023-06-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-23➖PADGETT, Derek resignedsecretary
- 2023-05-23➖PADGETT, Derek resigneddirector
- 2023-03-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-23📄resolutionresolution · RESOLUTIONS
- 2023-03-14📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-02-22📄memorandum-articlesincorporation · MA
- 2022-05-24📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-10-04📄resolutionresolution · RESOLUTIONS
- 2021-10-04📄memorandum-articlesincorporation · MA
- 2021-09-28📄capital-allotment-sharescapital · SH01
- 2021-05-13📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-17📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-21➕PADGETT, Derek appointedsecretary
- 2020-02-21➖PADGETT, Julia resignedsecretary
- 2017-01-17➖COCKILL, Jonathan Charles resigneddirector
- 2016-01-19🔓Charge satisfied #9
- 2016-01-19🔓Charge satisfied #8
- 2016-01-19🔓Charge satisfied #7
- 2016-01-19🔓Charge satisfied #6
- 2016-01-19🔓Charge satisfied #5
- 2016-01-19🔓Charge satisfied #3
- 2016-01-19🔓Charge satisfied #2
- 2014-11-20🔒Charge registered #10Lender: Hsbc Bank PLC
- 2013-06-24🔒Charge registered #9Lender: Barclays Bank PLC
- 2011-10-11🔒Charge registered #8Lender: Barclays Bank PLC
- 2007-08-31➖STOREY, Mark Shaun resigneddirector
- 2006-07-01➕STOREY, Mark Shaun appointeddirector
- 2004-04-07🔓Charge satisfied #4
- 2004-04-07🔓Charge satisfied #1
- 2003-07-01➕PADGETT, Julia appointedsecretary
- 2003-01-20➖GOLDTHORPE, Arnold James resignedsecretary
- 2003-01-20➖GOLDTHORPE, Arnold James resigneddirector
- 2002-11-28➖GOLDTHORPE, Benjamin George resigneddirector
- 2000-10-12🔒Charge registered #7Lender: Barclays Bank PLC
- 1998-05-28🔒Charge registered #6Lender: Barclays Bank PLC
- 1998-05-28🔒Charge registered #5Lender: Barclays Bank PLC
- 1997-07-14🔒Charge registered #4Lender: National Westminster Bank PLC
- 1997-07-01➕PADGETT, David appointeddirector
- 1997-01-13🔒Charge registered #3Lender: National Westminster Bank PLC
Showing most recent 50 of 54 events
Owner dependency
84/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- 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
mediumMultiple 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 |
|---|---|---|---|---|
Mr David Padgett Individual · British · DOB 07/1964 · age 62 | 25–50% | — | 25-50% shares | 28/02/2017 |
1 historic (ceased) PSC
- Mr Derek Padgettceased 23/05/2023· 25-50% shares
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 · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A T V APPLICATIONS LTD→ 11695674 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A W HARDWICK & SONS LIMITED→ 07941743 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| AGRICULTURAL LABORATORY SERVICES LIMITED→ 14590251 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AGRIPEST LIMITED→ 11751738 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ALEX LANGE LTD→ 08000847 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ALSET ESTATES LIMITED→ 15007295 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALSET ESTATES SHF LTD→ 11410308 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ANDREW CORRIGAN LTD→ 11037670 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| APL AGRI XTRA LTD→ 12584253 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| APPLETON GRANGE EQUESTRIAN CENTRE LIMITED→ 06961948 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ARRAS HOLDINGS LIMITED→ 10561953 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ARRIVAIN FISHING COMPANY LIMITED→ 03358601 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
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
Incorporated1975-08-15
Jurisdictionengland-wales
Primary SIC01630 — Post-harvest crop activities
Registered office
Mill Farm Mill Farm
Raskelf
York
North Yorkshire
YO61 3LB
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28
Officers (2 active · 8 resigned)
PADGETT, David→
Activedirector · ~62y · appointed 1997-07-01
View their other companies + combined net worth →
PADGETT, Richard→
Activedirector · ~59y · appointed 2023-06-29
View their other companies + combined net worth →
GOLDTHORPE, Arnold James→
Resignedsecretary · resigned 2003-01-20
PADGETT, Derek→
Resignedsecretary · appointed 2020-02-21 · resigned 2023-05-23
PADGETT, Julia→
Resignedsecretary · appointed 2003-07-01 · resigned 2020-02-21
COCKILL, Jonathan Charles→
Resigneddirector · ~76y · appointed 1993-10-15 · resigned 2017-01-17
GOLDTHORPE, Arnold James→
Resigneddirector · ~78y · resigned 2003-01-20
GOLDTHORPE, Benjamin George→
Resigneddirector · ~102y · resigned 2002-11-28
PADGETT, Derek→
Resigneddirector · ~91y · resigned 2023-05-23
STOREY, Mark Shaun→
Resigneddirector · ~56y · appointed 2006-07-01 · resigned 2007-08-31
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
1
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 20/11/2014 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 24/06/2013 | 19/01/2016 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/10/2011 | 19/01/2016 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 12/10/2000 | 19/01/2016 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 28/05/1998 | 19/01/2016 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 28/05/1998 | 19/01/2016 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 14/07/1997 | 07/04/2004 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 13/01/1997 | 19/01/2016 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 07/07/1989 | 19/01/2016 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 16/11/1982 | 07/04/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (155 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-full
accounts · AA
2026-03-16
accounts-with-accounts-type-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-full
accounts · AA
2024-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-07
appoint-person-director-company-with-name-date
officers · AP01
2023-06-29
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-05
termination-director-company-with-name-termination-date
officers · TM01
2023-06-05
accounts-with-accounts-type-full
accounts · AA
2023-03-27
resolution
resolution · RESOLUTIONS
2023-03-23
change-account-reference-date-company-previous-extended
accounts · AA01
2023-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-08
memorandum-articles
incorporation · MA
2023-02-22