J.B. ADAMS (FARMS) LIMITED
💤Zombieactive
01323907 · ltd · incorporated 1977-08-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£937.6k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 01470SIC 01470
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 67). 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 (73/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 44.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 44.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · accounting standard not declaredPositive net assets
Net assets £937,641
Cash draining
Cash down 52% YoY
Cash YoY
-52%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£12k
↓ 52% YoY
Net Worth
£938k
↑ 17% YoY
Current Assets
£869k
↑ 132% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £2.73M | £2.22M |
| Current assets | £869.4k | £374.0k |
| Cash | £11.6k | £24.2k |
| Debtors | £677.9k | £126.3k |
| Net assets | £937.6k | £799.8k |
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 (34 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-12-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-12-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-20🔒Charge registered #4Lender: Oxbury Bank PLC
- 2021-12-17➕HARRISON, Michael John appointeddirector
- 2021-12-17➖ADAMS, Rosemary Ann Miller resignedsecretary
- 2021-12-17➖ADAMS, John Burgess resigneddirector
- 2021-12-17➖ADAMS, Rosemary Ann Miller resigneddirector
- 2021-12-17➖WHITTALL, Julia Rosemary resigneddirector
- 2021-12-17🔒Charge registered #5Lender: Oxbury Bank PLC
- 2021-12-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-14🔓Charge satisfied #3
- 2021-12-14🔓Charge satisfied #2
- 2021-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-30➖ADAMS, John Burgess resigneddirector
- 2005-07-28🔒Charge registered #3Lender: National Westminster Bank PLC
- 2005-07-22🔒Charge registered #2Lender: National Westminster Bank PLC
- 1990-09-13🔓Charge satisfied #1
- 1981-10-01🔒Charge registered #1Lender: J. Adams
- 1977-08-01🏢Company incorporatedAs J.B. ADAMS (FARMS) LIMITED
Owner dependency
90/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 49 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.
Group structure
Vantage Farm Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Vantage Farm Limited
Corporate parent · holds 75-100% shares · board control
⬇
J.B. ADAMS (FARMS) LIMITED
This company · 01323907
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 |
|---|---|---|---|---|
Vantage Farm Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/12/2021 |
2 historic (ceased) PSCs
- Mrs Rosemary Ann Miller Adamsceased 17/12/2021· 25-50% shares · 25-50% voting
- Mr John Burgess Adamsceased 17/12/2021· 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 →Similar companies
Active · Agriculture · TF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CITY GREENS FOODTECH LTD→ 15945777 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| G J HEAPS LTD→ 12205799 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GRIFFITHS FARMS LTD→ 15324195 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HIGHFIELD LODGE AGRONOMY LTD→ 06766613 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| HUSPHINS LANE EQUESTRIAN LTD→ 16411144 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| I & M POULTRY FARM (MIDLAND) LIMITED→ 14148609 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| IEC BEEF LIMITED→ 11134854 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| IEC POULTRY LIMITED→ 11134456 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| INTERFACE NRM LIMITED→ 04615780 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| J R O GRIFFITHS LIMITED→ 04803621 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| J.N.FULLER-SHAPCOTT & CO.→ 01835269 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| JALVING POTATOES UK LTD→ 05732379 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1977-08-01
Jurisdictionengland-wales
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds
Registered office
Vantage Farm
Bletchley
Market Drayton
Shropshire
TF9 3RZ
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08
Officers (1 active · 5 resigned)
HARRISON, Michael John→
Activedirector · ~67y · appointed 2021-12-17
View their other companies + combined net worth →
ADAMS, Rosemary Ann Miller→
Resignedsecretary · resigned 2021-12-17
ADAMS, John Burgess→
Resigneddirector · ~84y · resigned 2021-12-17
ADAMS, John Burgess→
Resigneddirector · ~59y · resigned 2020-07-30
ADAMS, Rosemary Ann Miller→
Resigneddirector · ~82y · resigned 2021-12-17
WHITTALL, Julia Rosemary→
Resigneddirector · ~56y · resigned 2021-12-17
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Oxbury Bank Oxbury Bank PLC | A registered charge | 2 properties | 20/12/2021 | — | |
| outstanding | Oxbury Bank Oxbury Bank PLC | A registered charge | 1 property | 17/12/2021 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 28/07/2005 | 14/12/2021 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 22/07/2005 | 14/12/2021 | |
| satisfied | J. Adams / J.B. Adams | Charge | 1 property | 01/10/1981 | 13/09/1990 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (111 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-01-05
termination-director-company-with-name-termination-date
officers · TM01
2021-12-21
termination-secretary-company-with-name-termination-date
officers · TM02
2021-12-21
termination-director-company-with-name-termination-date
officers · TM01
2021-12-21
termination-director-company-with-name-termination-date
officers · TM01
2021-12-21
appoint-person-director-company-with-name-date
officers · AP01
2021-12-21