AGRITEL LIMITED
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| 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.
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
- • 2 officers
- • 1 confirmation-statement
- • 2 officers
- • 1 confirmation-statement
Corporate timeline (45 events)Click to expand
- 2026-05-07📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-07📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-08-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-22🔒Charge registered #4Lender: National Westminster Bank PLC
- 2023-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-21🔓Charge satisfied #3
- 2023-03-31📄resolutionresolution · RESOLUTIONS
- 2023-03-31📄memorandum-articlesincorporation · MA
- 2023-03-31📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2023-03-31📄capital-name-of-class-of-sharescapital · SH08
- 2023-03-28📄statement-of-companys-objectschange-of-constitution · CC04
- 2022-06-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-12➕DUFFUS, Lauren appointeddirector
- 2020-12-21📄capital-cancellation-sharescapital · SH06
- 2019-07-15➖DUFFUS, John resignedsecretary
- 2019-07-15➖DUFFUS, Brenda Lloyd resigneddirector
- 2019-07-15➖DUFFUS, John Alexander resigneddirector
- 2019-07-05🔒Charge registered #3Lender: National Westminster Bank Public Limited Company
- 2019-05-07➕DUFFUS, Robert Alexander appointeddirector
- 2019-03-05🔓Charge satisfied #2
- 2017-10-16➖BACKSHALL, Claire Stephanie resigneddirector
- 2009-08-01➕BACKSHALL, Claire Stephanie appointeddirector
- 2008-08-09🔓Charge satisfied #1
- 2007-11-06➕DUFFUS, Brenda Lloyd appointeddirector
- 2007-11-06➖MORGAN, John Anthony George resigneddirector
- 2006-10-01➖DUFFUS, Brenda Lloyd resignedsecretary
- 2006-10-01➕DUFFUS, John appointedsecretary
- 2006-10-01➖DUFFUS, Brenda Lloyd resigneddirector
- 2006-05-18🔒Charge registered #2Lender: Rbs Invoice Finance Limited
- 2004-09-01➕MORGAN, John Anthony George appointeddirector
- 2003-05-07🔒Charge registered #1Lender: Hsbc Bank PLC
- 1996-10-16🏢Company incorporatedAs AGRITEL LIMITED
- 1996-10-16➕DUFFUS, Brenda Lloyd appointedsecretary
- 1996-10-16➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1996-10-16➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 1996-10-16➕DUFFUS, Brenda Lloyd appointeddirector
- 1996-10-16➕DUFFUS, John Alexander appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 ·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.
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 |
|---|---|---|---|---|
Ra Duffus Ltd Corporate entity | 75–100% | — | 75-100% shares | 18/08/2025 |
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.
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 · Wholesale & distribution · LL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4180 ENTERPRISES LIMITED→ 15734887 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 9BRAND FOODS LIMITED→ 10253130 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A & B AIR HIRE LIMITED→ 03233225 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| A & B AIR SYSTEMS LIMITED→ 03228121 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| A & J KITCHENS & BATHROOMS LIMITED→ 05552840 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ABACUS FURNITURE FITTINGS LIMITED→ 03105007 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| ACTION FOR AFRICA SL LIMITED→ 11631467 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADELFI CLOTHING LIMITED→ 16502636 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGERA INNOVATIONS LTD→ 16994295 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AK BARGAIN STORE LIMITED→ 16916460 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALSTON GARRARD & CO LIMITED→ 04831472 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALWYN THOMAS TRACTORS LIMITED→ 13756655 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 22/09/2023 | — | |
| satisfied | National Westminster Bank Public Company National Westminster Bank Public Limited Company | A registered charge | — | 05/07/2019 | 21/06/2023 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Fixed and floating charge | 1 property | 18/05/2006 | 05/03/2019 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 07/05/2003 | 09/08/2008 |