AGRITEL LIMITED

🌳Matureactive
03264132 · ltd · incorporated 1996-10-16
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 Dec 2024
Net worth
£299.5k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. 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 (58/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 23.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 23.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — 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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £299,517
Cash YoY
+244%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£219k
↑ 244% YoY
Net Worth
£300k
↑ 14% YoY
Current Assets
£594k
↑ 40% YoY
Current Liabilities
£0£119k£238k£357k£475k£594kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£590.5k£511.1k
Current assets£594.3k£425.3k
Cash£218.6k£63.6k
Debtors£182.9k£169.7k
Net assets£299.5k£263.6k

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
3
filings
  • 2 officers
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
  1. 2026-05-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-05-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2025-08-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-09-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-09-22
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  10. 2023-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-06-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2023-06-21
    🔓
    Charge satisfied #3
  13. 2023-03-31
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2023-03-31
    📄
    memorandum-articles
    incorporation · MA
  15. 2023-03-31
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  16. 2023-03-31
    📄
    capital-name-of-class-of-shares
    capital · SH08
  17. 2023-03-28
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  18. 2022-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-05-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2021-05-12
    DUFFUS, Lauren appointed
    director
  22. 2020-12-21
    📄
    capital-cancellation-shares
    capital · SH06
  23. 2019-07-15
    DUFFUS, John resigned
    secretary
  24. 2019-07-15
    DUFFUS, Brenda Lloyd resigned
    director
  25. 2019-07-15
    DUFFUS, John Alexander resigned
    director
  26. 2019-07-05
    🔒
    Charge registered #3
    Lender: National Westminster Bank Public Limited Company
  27. 2019-05-07
    DUFFUS, Robert Alexander appointed
    director
  28. 2019-03-05
    🔓
    Charge satisfied #2
  29. 2017-10-16
    BACKSHALL, Claire Stephanie resigned
    director
  30. 2009-08-01
    BACKSHALL, Claire Stephanie appointed
    director
  31. 2008-08-09
    🔓
    Charge satisfied #1
  32. 2007-11-06
    DUFFUS, Brenda Lloyd appointed
    director
  33. 2007-11-06
    MORGAN, John Anthony George resigned
    director
  34. 2006-10-01
    DUFFUS, Brenda Lloyd resigned
    secretary
  35. 2006-10-01
    DUFFUS, John appointed
    secretary
  36. 2006-10-01
    DUFFUS, Brenda Lloyd resigned
    director
  37. 2006-05-18
    🔒
    Charge registered #2
    Lender: Rbs Invoice Finance Limited
  38. 2004-09-01
    MORGAN, John Anthony George appointed
    director
  39. 2003-05-07
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  40. 1996-10-16
    🏢
    Company incorporated
    As AGRITEL LIMITED
  41. 1996-10-16
    DUFFUS, Brenda Lloyd appointed
    secretary
  42. 1996-10-16
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  43. 1996-10-16
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  44. 1996-10-16
    DUFFUS, Brenda Lloyd appointed
    director
  45. 1996-10-16
    DUFFUS, John Alexander appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material 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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 30 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Ra Duffus Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ra Duffus Ltd
Corporate parent · holds 75-100% shares
ultimate parent
AGRITEL LIMITED
This company · 03264132

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%
NameSharesVoting rightsNature of controlNotified
Ra Duffus Ltd
Corporate entity
75100%
75-100% shares18/08/2025
2 historic (ceased) PSCs
  • Mr Robert Alexander Duffusceased 18/08/2025· 75-100% shares · 75-100% voting · board control
  • John Alexander Duffusceased 30/06/2019· 75-100% shares · 75-100% voting · board control

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 →

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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
Incorporated1996-10-16
Jurisdictionengland-wales
Primary SIC46190 — Agents involved in the sale of a variety of goods

Registered office

June House Gledrid
Chirk
Wrexham
LL14 5DG
Wales

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-31
Last: 2026-03-17

Officers (2 active · 8 resigned)

DUFFUS, Lauren
director · ~39y · appointed 2021-05-12
View their other companies + combined net worth →
Active
DUFFUS, Robert Alexander
director · ~42y · appointed 2019-05-07
View their other companies + combined net worth →
Active
DUFFUS, Brenda Lloyd
secretary · appointed 1996-10-16 · resigned 2006-10-01
Resigned
DUFFUS, John
secretary · appointed 2006-10-01 · resigned 2019-07-15
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1996-10-16 · resigned 1996-10-16
Resigned
BACKSHALL, Claire Stephanie
director · ~65y · appointed 2009-08-01 · resigned 2017-10-16
Resigned
DUFFUS, Brenda Lloyd
director · ~70y · appointed 2007-11-06 · resigned 2019-07-15
Resigned
DUFFUS, Brenda Lloyd
director · ~70y · appointed 1996-10-16 · resigned 2006-10-01
Resigned
DUFFUS, John Alexander
director · ~70y · appointed 1996-10-16 · resigned 2019-07-15
Resigned
MORGAN, John Anthony George
director · ~69y · appointed 2004-09-01 · resigned 2007-11-06
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property22/09/2023
satisfied
National Westminster Bank Public Company
National Westminster Bank Public Limited Company
A registered charge05/07/201921/06/2023
satisfied
NatWest Group
Rbs Invoice Finance Limited
Fixed and floating charge1 property18/05/200605/03/2019
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property07/05/200309/08/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (120 total)

change-person-director-company-with-change-date
officers · CH01
2026-05-07
change-person-director-company-with-change-date
officers · CH01
2026-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-19
change-person-director-company-with-change-date
officers · CH01
2024-02-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-25
mortgage-satisfy-charge-full
mortgage · MR04
2023-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-13
resolution
resolution · RESOLUTIONS
2023-03-31