BADGEBARN LIMITED
🌳Matureactive
01544848 · ltd · incorporated 1981-02-11
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 57/100. 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 (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 45.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 45.0 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 (69/100)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
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 (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 0 | 0 |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-11-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-29📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-12-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-12-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-12-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-12-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-12-21➕FRENCH, Clare Gillian appointedsecretary
- 2016-12-21➕FRENCH, Clare Gillian appointeddirector
- 2016-12-21➕FRENCH, Stephen Keith appointeddirector
- 2016-12-21➖MARNHAM, Elizabeth Shirley resignedsecretary
- 2016-12-21➖MARNHAM, Elizabeth Shirley resigneddirector
- 2016-12-21➖MARNHAM, Walter Brian resigneddirector
- 1994-02-16🔒Charge registered #5Lender: The Agricultural Mortgage Corporation PLC
- 1991-03-11🔒Charge registered #4Lender: The Agricultural Mortgage Corporation PLC.
- 1983-06-13🔒Charge registered #3Lender: The Agricultural Mortgage Corporation PLC
- 1982-01-25🔒Charge registered #2Lender: National Westminster Bank LTD
- 1981-06-19🔒Charge registered #1Lender: The Agricultural Mortgage Corporation Limited
- 1981-02-11🏢Company incorporatedAs BADGEBARN LIMITED
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +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
56/100
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.
- secondaryStable-but-static management: Company is 45 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Similar companies
Active · Agriculture · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J LIDSTONE & SON LIMITED→ 03788580 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| A.J. WOOLDRIDGE (WEST PECKHAM) LIMITED→ 00763194 · est 1963 · no financials extracted | — | — | — | — | 62y | — | — |
| ACORN TREE CARE LIMITED→ 04984788 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ADDGATE LIMITED→ 03680741 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| AFFINITY WOODLAND WORKERS CO-OPERATIVE LTD→ 03910698 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ALLERTON LAND LTD→ 07963909 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| APRICOT CENTRE CIC→ 07298409 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ARBORFOR LIMITED→ 02501667 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| BATTS EQUESTRIAN LIMITED→ 12517424 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BBB FISHING LIMITED→ 13969349 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BEARA FARM LTD→ 16414464 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BEEZA LTD→ 07621064 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated1981-02-11
Jurisdictionengland-wales
Primary SIC01420 — SIC 01420
Registered office
Warmhill Farmhouse Hennock
Bovey Tracey
Newton Abbot
Devon
TQ13 9QH
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-11
Last: 2025-12-28
Officers (3 active · 3 resigned)
FRENCH, Clare Gillian→
Activesecretary · appointed 2016-12-21
View their other companies + combined net worth →
FRENCH, Clare Gillian→
Activedirector · ~62y · appointed 2016-12-21
View their other companies + combined net worth →
FRENCH, Stephen Keith→
Activedirector · ~62y · appointed 2016-12-21
View their other companies + combined net worth →
MARNHAM, Elizabeth Shirley→
Resignedsecretary · resigned 2016-12-21
MARNHAM, Elizabeth Shirley→
Resigneddirector · ~90y · resigned 2016-12-21
MARNHAM, Walter Brian→
Resigneddirector · ~77y · resigned 2016-12-21
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Deed of transitional charge | 1 property | 16/02/1994 | — | |
| outstanding | The Agricultural Mortgage Corporation . The Agricultural Mortgage Corporation PLC. | Further charge | 1 property | 11/03/1991 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Further charge | 1 property | 13/06/1983 | — | |
| outstanding | National Westminster Bank National Westminster Bank LTD | Legal mortgage | 1 property | 25/01/1982 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation Limited | Legal charge | 1 property | 19/06/1981 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (100 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-09
change-person-secretary-company-with-change-date
officers · CH03
2024-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-22