ANNAKIN FARMS LIMITED

🌳Matureactive
03383182 · ltd · incorporated 1997-06-06
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
£3.75M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 01470
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 79). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

16 live charges · 5 lenders · oldest 23.2y

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 23.2 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

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
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
9 officers (5 active, 9 linked, 6 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
98 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
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,745,464
Cash YoY
+183%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.6m
↑ 183% YoY
Net Worth
£3.7m
↑ 28% YoY
Current Assets
£3.7m
↑ 40% YoY
Current Liabilities
£0£749k£1.5m£2.2m£3.0m£3.7mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£5.46M£4.87M
Current assets£3.71M£2.65M
Cash£1.58M£557.3k
Debtors£1.99M£2.08M
Net assets£3.75M£2.92M

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
3
filings
  • 1 persons-with-significant-control
  • 1 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2026-01-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-01-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-01-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-01-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-02-09
    🔒
    Charge registered #16
    Lender: The Agricultural Mortgage Corporation PLC
  9. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-08-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-08-15
    🔒
    Charge registered #15
    Lender: Hsbc UK Bank PLC
  16. 2018-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-11-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2018-11-06
    🔒
    Charge registered #14
    Lender: Hsbc UK Bank PLC
  19. 2017-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2015-09-15
    🔒
    Charge registered #13
    Lender: The Agricultural Mortgage Corporation PLC
  21. 2015-09-15
    🔒
    Charge registered #12
    Lender: The Agricultural Mortgage Corporation PLC
  22. 2015-09-15
    🔒
    Charge registered #11
    Lender: The Agricultural Mortgage Corporation PLC
  23. 2013-12-20
    🔒
    Charge registered #10
    Lender: Hsbc Bank PLC
  24. 2013-03-18
    🔒
    Charge registered #9
    Lender: Hsbc Bank PLC
  25. 2013-03-18
    🔒
    Charge registered #8
    Lender: Hsbc Bank PLC
  26. 2012-12-18
    🔒
    Charge registered #7
    Lender: Hsbc Bank PLC
  27. 2009-09-11
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  28. 2008-10-08
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
  29. 2008-06-16
    🔒
    Charge registered #4
    Lender: The Agricultural Mortgage Corporation PLC
  30. 2008-06-16
    🔒
    Charge registered #3
    Lender: The Agricultural Mortgage Corporation PLC
  31. 2007-01-01
    ANNAKIN, Marlene Anne appointed
    director
  32. 2006-01-12
    ANNAKIN, Rachel Jane resigned
    director
  33. 2004-11-16
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  34. 2003-03-26
    🔒
    Charge registered #1
    Lender: Capital Bank PLC
  35. 2000-04-06
    ANNAKIN, Rachel Jane appointed
    director
  36. 1999-06-01
    ANNAKIN, Marlene Anne resigned
    director
  37. 1999-05-07
    ANNAKIN, James Robert appointed
    director
  38. 1998-01-12
    ANNAKIN, Daniel William appointed
    director
  39. 1997-06-06
    🏢
    Company incorporated
    As ANNAKIN FARMS LIMITED
  40. 1997-06-06
    ANNAKIN, Michael William appointed
    secretary
  41. 1997-06-06
    ANNAKIN, Michael William appointed
    director
  42. 1997-06-06
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  43. 1997-06-06
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  44. 1997-06-06
    ANNAKIN, Marlene Anne appointed
    director
  45. 1997-06-06
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  46. 1997-06-06
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "ANNAKIN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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

1 low
16 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr James Robert Annakin
Individual · British · DOB 07/1977 · age 49
2550%
25-50% shares31/07/2024
Mr Daneil William Annakin
Individual · British · DOB 05/1975 · age 51
2550%
25-50% shares31/07/2024
Mr Michael William Annakin
Individual · British · DOB 09/1947 · age 79
sig. influencesignificant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1997-06-06
Jurisdictionengland-wales
Primary SIC01470 — SIC 01470

Registered office

Top Farm, Stainfield
Market Rasen
Lincolnshire
LN8 5JL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (5 active · 4 resigned)

ANNAKIN, Michael William
secretary · appointed 1997-06-06
View their other companies + combined net worth →
Active
ANNAKIN, Daniel William
director · ~51y · appointed 1998-01-12
View their other companies + combined net worth →
Active
ANNAKIN, James Robert
director · ~49y · appointed 1999-05-07
View their other companies + combined net worth →
Active
ANNAKIN, Marlene Anne
director · ~76y · appointed 2007-01-01
View their other companies + combined net worth →
Active
ANNAKIN, Michael William
director · ~79y · appointed 1997-06-06
View their other companies + combined net worth →
Active
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1997-06-06 · resigned 1997-06-06
Resigned
ANNAKIN, Marlene Anne
director · ~76y · appointed 1997-06-06 · resigned 1999-06-01
Resigned
ANNAKIN, Rachel Jane
director · ~46y · appointed 2000-04-06 · resigned 2006-01-12
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 1997-06-06 · resigned 1997-06-06
Resigned

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

Mortgages & charges

16
Total charges
16
Outstanding
4
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
A registered charge1 property09/02/2024
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property15/08/2019
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property06/11/2018
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
A registered charge1 property15/09/2015
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
A registered charge2 properties15/09/2015
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
A registered charge1 property15/09/2015
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property20/12/2013
outstanding
HSBC
Hsbc Bank PLC
Legal mortgage1 property18/03/2013
outstanding
HSBC
Hsbc Bank PLC
Legal mortgage2 properties18/03/2013
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property18/12/2012
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property11/09/2009
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property08/10/2008
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
Legal charge1 property16/06/2008
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
Legal charge1 property16/06/2008
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property16/11/2004
outstanding
Capital Bank
Capital Bank PLC
Legal mortgage1 property26/03/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (98 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-27
change-person-director-company-with-change-date
officers · CH01
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22