A.G. PENNOCK LIMITED
🌳Matureactive
02268805 · ltd · incorporated 1988-06-17
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 18.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£648.0k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 01450
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
1 live charge · oldest 18.9y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 18.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
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 £647,991
Net assets shrinking
Down £11,324 YoY
Cash YoY
-12%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£57k
↓ 12% YoY
Net Worth
£648k
↓ 1.7% YoY
Current Assets
£102k
↓ 3.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-05 | 2024-04-05 |
|---|---|---|
| Total assets | £678.2k | £700.8k |
| Current assets | £101.8k | £104.9k |
| Cash | £57.1k | £64.8k |
| Debtors | £21.0k | £15.4k |
| Net assets | £648.0k | £659.3k |
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
2
filings
- • 1 accounts
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-02-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-06📄capital-allotment-sharescapital · SH01
- 2023-02-06📄resolutionresolution · RESOLUTIONS
- 2023-02-06📄memorandum-articlesincorporation · MA
- 2023-02-06📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2023-02-06📄statement-of-companys-objectschange-of-constitution · CC04
- 2023-01-04➕NEWHAM, James Mark appointeddirector
- 2023-01-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-01-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2008-10-15➖PENNOCK, Sarah Winifred resigneddirector
- 2007-06-19➖SANDERSON, Susan resigneddirector
- 2007-06-19🔒Charge registered #1Lender: Barclays Bank PLC
- 2007-05-22➖PENNOCK, Sarah Winifred resignedsecretary
- 2007-04-24➕NEWHAM, Wendy appointedsecretary
- 2004-01-13➕NEWHAM, Wendy appointeddirector
- 2004-01-13➕SANDERSON, Susan appointeddirector
- 2003-12-14➖PENNOCK, Arthur George resigneddirector
- 1988-06-17🏢Company incorporatedAs A.G. PENNOCK LIMITED
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +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
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Wendy Newham Individual · British · DOB 03/1973 · age 53 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/09/2023 |
1 historic (ceased) PSC
- Mrs Wendy Newhamceased 05/04/2025· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 1ST CALL RECOVERY LIMITED→ 06496135 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
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| A & C THORNTON LIMITED→ 15887496 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A D LIGHTFOOT LIMITED→ 04792252 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A DAWSON AND COMPANY (ESTATES) LIMITED→ 00383119 · est 1943 · no financials extracted | — | — | — | — | 82y | — | — |
| A. & G. LAYTON & SONS LIMITED→ 01164989 · est 1974 · no financials extracted | — | — | — | — | 52y | — | — |
| A.E. SMITH (KILHAM) LIMITED→ 04908953 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A.P. HODGSON FARM LTD→ 06426849 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AAT BOWMAN LIMITED→ 12373484 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AB AGRI DRONES LTD→ 16397415 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGRI-EPI CENTRE LIMITED→ 09922991 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AGRI-TEC LIMITED→ 03184619 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1988-06-17
Jurisdictionengland-wales
Primary SIC01450 — SIC 01450
Registered office
Pexton Moor Farm
Low Dalby
Pickering
North Yorkshire
YO18 7LU
England
Filing status
Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13
Officers (3 active · 4 resigned)
Active
NEWHAM, James Mark→
Activedirector · ~56y · appointed 2023-01-04
View their other companies + combined net worth →
NEWHAM, Wendy→
Activedirector · ~53y · appointed 2004-01-13
View their other companies + combined net worth →
PENNOCK, Sarah Winifred→
Resignedsecretary · resigned 2007-05-22
PENNOCK, Arthur George→
Resigneddirector · ~87y · resigned 2003-12-14
PENNOCK, Sarah Winifred→
Resigneddirector · ~82y · resigned 2008-10-15
SANDERSON, Susan→
Resigneddirector · ~56y · appointed 2004-01-13 · resigned 2007-06-19
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 19/06/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (102 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-12
capital-allotment-shares
capital · SH01
2023-02-06
resolution
resolution · RESOLUTIONS
2023-02-06
memorandum-articles
incorporation · MA
2023-02-06
capital-variation-of-rights-attached-to-shares
capital · SH10
2023-02-06
statement-of-companys-objects
change-of-constitution · CC04
2023-02-06