PROTON DEVELOPMENTS LIMITED
🌳Matureactive
03065783 · ltd · incorporated 1995-06-07
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 01430
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 74909Other professional, scientific and technical activities n.e.c.
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 52/100. Strong seller-intent signal (93/100, director aged 67). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100).
🏦
Refinance opportunity
14 live charges · 6 lenders · oldest 30.2y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 30.2 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
129 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review 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 · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 300 | 200 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
- 2025-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-15📄memorandum-articlesincorporation · MA
- 2024-01-15📄resolutionresolution · RESOLUTIONS
- 2024-01-15📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-01-15📄capital-name-of-class-of-sharescapital · SH08
- 2023-07-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-03🔓Charge satisfied #15
- 2023-05-03🔓Charge satisfied #14
- 2023-03-06➕SMITH, Janice Elizabeth appointeddirector
- 2023-03-06📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-06📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-03-06📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-15🔓Charge satisfied #13
- 2022-12-15🔓Charge satisfied #12
- 2022-12-15🔓Charge satisfied #11
- 2022-12-15🔓Charge satisfied #10
- 2022-12-15🔓Charge satisfied #9
- 2022-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-08🔒Charge registered #15Lender: Santander UK PLC
- 2016-11-08🔒Charge registered #14Lender: Santander UK PLC
- 2016-05-20➖PROCTOR, Malcolm Nicholas resigneddirector
- 2011-12-01🔓Charge satisfied #7
- 2011-12-01🔓Charge satisfied #6
- 2011-12-01🔓Charge satisfied #5
- 2010-10-20🔒Charge registered #13Lender: Svenska Handelsbanken Ab (Publ)
- 2010-10-20🔒Charge registered #12Lender: Svenska Handelsbanken Ab (Publ)
- 2010-10-20🔒Charge registered #11Lender: Svenska Handelsbanken Ab (Publ)
- 2010-10-20🔒Charge registered #10Lender: Svenska Handelsbanken Ab (Publ)
- 2010-10-20🔒Charge registered #9Lender: Svenska Handelsbanken Ab (Publ)
- 2006-06-05🔒Charge registered #7Lender: Hsbc Bank PLC
- 2002-10-22➕SMITH, David Graham appointeddirector
- 2002-10-02🔓Charge satisfied #4
- 2002-10-02🔓Charge satisfied #3
- 2002-09-04🔒Charge registered #6Lender: Hsbc Bank PLC
- 2002-09-04🔒Charge registered #5Lender: Hsbc Bank PLC
- 2002-08-21➕SMITH, David Graham appointedsecretary
- 2002-08-21➖BALLENTINE, Robert Alan resignedsecretary
- 2002-05-15➖PROCTOR, Jonathan resignedsecretary
- 2002-04-19➕BALLENTINE, Robert Alan appointedsecretary
Showing most recent 50 of 67 events
Owner dependency
91/100
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 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 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
2 med ·Has insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Graham Smith Individual · British · DOB 10/1959 · age 67 | 75–100% | — | 75-100% shares | 20/05/2016 |
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 · WV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A P TRAINING LTD→ 14841956 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DJM F LTD→ 13263918 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| HILLVIEW HARDY PLANTS LIMITED→ 04626619 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| IN ABUNDANCE CARE LTD→ 14778869 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| JOHN DAVIES (FARMS) LIMITED→ 01227521 · est 1975 · no financials extracted | — | — | — | — | 50y | — | — |
| KINGSWOOD EC SIGNATURE LTD→ 05655999 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| L & R BLOODSTOCK LIMITED→ 10090937 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| NIKA FARMS LTD→ 16321277 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| OLIVER DAVIES SPORTING LTD→ 11511892 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| POSITIVE MOVEMENT EQUINE THERAPY LTD→ 15526306 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| PROJECT WATAHA LTD→ 14924197 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| R & M BASON LIMITED→ 10394145 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated1995-06-07
Jurisdictionengland-wales
Primary SIC01430 — SIC 01430
Registered office
Suite Ga, St. George's House
Lever Street
Wolverhampton
WV2 1EZ
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11
Officers (3 active · 7 resigned)
SMITH, David Graham→
Activesecretary · appointed 2002-08-21
View their other companies + combined net worth →
SMITH, David Graham→
Activedirector · ~67y · appointed 2002-10-22
View their other companies + combined net worth →
SMITH, Janice Elizabeth→
Activedirector · ~57y · appointed 2023-03-06
View their other companies + combined net worth →
BALLENTINE, Robert Alan→
Resignedsecretary · appointed 2002-04-19 · resigned 2002-08-21
BREWER, Kevin Michael→
Resignedsecretary · appointed 1995-06-07 · resigned 1995-08-24
MOORE, Jack→
Resignedsecretary · appointed 1995-08-24 · resigned 1998-01-01
PROCTOR, Jonathan→
Resignedsecretary · appointed 2000-01-24 · resigned 2002-05-15
BREWER, Kevin, Dr→
Resignednominee-director · ~74y · appointed 1995-06-07 · resigned 1995-08-24
PROCTOR, Elizabeth→
Resigneddirector · ~62y · appointed 1995-08-24 · resigned 1997-01-27
PROCTOR, Malcolm Nicholas→
Resigneddirector · ~70y · appointed 1996-10-17 · resigned 2016-05-20
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
0
Outstanding
0
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 08/11/2016 | 03/05/2023 | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 08/11/2016 | 03/05/2023 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Deed of assignment | 1 property | 20/10/2010 | 15/12/2022 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal mortgage | 1 property | 20/10/2010 | 15/12/2022 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal mortgage | 1 property | 20/10/2010 | 15/12/2022 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal mortgage | 2 properties | 20/10/2010 | 15/12/2022 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Mortgage debenture | 1 property | 20/10/2010 | 15/12/2022 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 05/06/2006 | 01/12/2011 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 04/09/2002 | 01/12/2011 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 04/09/2002 | 01/12/2011 | |
| satisfied | Esso Petroleum Company Esso Petroleum Company Limited | Legal charge | 1 property | 28/03/2000 | 02/10/2002 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 31/07/1997 | 02/10/2002 | |
| satisfied | Gulf Oil (Great Britain) Gulf Oil (Great Britain) Limited | Legal charge | 2 properties | 08/05/1997 | 20/04/2000 | |
| satisfied | Gulf Oil (Great Britain) Gulf Oil (Great Britain) Limited | Debenture | 1 property | 17/05/1996 | 20/04/2000 |
Recent filings (129 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-01
memorandum-articles
incorporation · MA
2024-01-15
resolution
resolution · RESOLUTIONS
2024-01-15
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-01-15
capital-name-of-class-of-shares
capital · SH08
2024-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-03
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-03
change-account-reference-date-company-current-shortened
accounts · AA01
2023-03-06