A J REES AND SONS LIMITED
🌳Matureactive
03805261 · ltd · incorporated 1999-07-12
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 26.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£2.48M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Wholesale of meat and meat products
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47220Retail sale of meat and meat products in specialised stores
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · oldest 26.1y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.1 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 (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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
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
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £2,477,570
Net assets shrinking
Down £69,972 YoY
Cash YoY
-14%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£437k
↓ 14% YoY
Net Worth
£2.5m
↓ 2.7% YoY
Current Assets
£2.5m
↓ 14% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £2.97M | £2.73M |
| Current assets | £2.51M | £2.91M |
| Cash | £436.9k | £509.1k |
| Debtors | £1.96M | £2.31M |
| Net assets | £2.48M | £2.55M |
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 (29 events)Click to expand
- 2025-11-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-05-06📄capital-allotment-sharescapital · SH01
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-11📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-01-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-04➕REES, Tomas Andrew appointeddirector
- 2022-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-23➖REES, Janice Rhyannon, The Executors Of Mrs resigneddirector
- 2021-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-03-23🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2012-01-31🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 2000-07-10🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2000-04-13🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 1999-07-12🏢Company incorporatedAs A J REES AND SONS LIMITED
- 1999-07-12➕REES, Andrew John appointedsecretary
- 1999-07-12➕REES, Andrew John appointeddirector
- 1999-07-12➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1999-07-12➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 1999-07-12➕REES, Janice Rhyannon, The Executors Of Mrs appointeddirector
Owner dependency
99/100
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.
- +Founder name in company name: Company name contains director surname "REES" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — REES, Tomas Andrew (same surname) appointed 2023-01-04. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew John Rees Individual · British · DOB 03/1965 · age 61 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mrs Janice Rees Estateceased 02/06/2023· 25-50% shares · 25-50% voting
- The Executors Of Mrs Janice Rhyannon Reesceased 23/03/2021· 25-50% shares · 25-50% voting
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 · Wholesale & distribution · SA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2020 SUPPLIES LTD→ 12434858 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 2ND HAND STEALZ LIMITED→ 16670843 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3 CLIFFS VODKA LTD→ 15463700 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 3P TECHNIK UK LIMITED→ 05502034 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 4NAVODAYA LIMITED→ 16270548 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 5TH FLOCK LIMITED→ 09629125 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 786 INTERIORS LTD→ 12801988 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 9 LIFE AGENCY LIMITED→ 07374646 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A & C AGGREGATES LIMITED→ 04620255 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| A AND P ELECTRICAL SUPPLIES LIMITED→ 04476590 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| A J T RECYCLING LIMITED→ 07180962 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| A4Y LTD→ 15943931 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1999-07-12
Jurisdictionengland-wales
Primary SIC46320 — Wholesale of meat and meat products
Registered office
29 High Street
Narberth
Dyfed
SA67 7AR
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-07-26
Last: 2025-07-12
Officers (3 active · 2 resigned)
Active
REES, Andrew John→
Activedirector · ~61y · appointed 1999-07-12
View their other companies + combined net worth →
REES, Tomas Andrew→
Activedirector · ~34y · appointed 2023-01-04
View their other companies + combined net worth →
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-07-12 · resigned 1999-07-12
REES, Janice Rhyannon, The Executors Of Mrs→
Resigneddirector · ~57y · appointed 1999-07-12 · resigned 2021-03-23
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 23/03/2012 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 31/01/2012 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 10/07/2000 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 13/04/2000 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-25
capital-allotment-shares
capital · SH01
2025-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-27
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-01-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-31
appoint-person-director-company-with-name-date
officers · AP01
2023-01-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-29