FEN FEEDS LIMITED
🌳Matureactive
04579100 · ltd · incorporated 2002-10-31
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 23.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£124.9k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 46210
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle with a 71-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 23.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 23.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (76/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
67 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 £124,925
Cash YoY
+106%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£248k
↑ 106% YoY
Net Worth
£125k
↑ 151% YoY
Current Assets
£558k
↑ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £246.3k | £222.8k |
| Current assets | £558.0k | £493.8k |
| Cash | £248.1k | £120.4k |
| Debtors | £309.9k | £373.4k |
| Net assets | £124.9k | £49.7k |
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 (27 events)Click to expand
- 2025-08-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-04-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-08-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-08-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-09-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-07-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-07-19🔓Charge satisfied #1
- 2017-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-08-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2003-01-27🔒Charge registered #1Lender: National Westminster Bank PLC
- 2002-10-31🏢Company incorporatedAs FEN FEEDS LIMITED
- 2002-10-31➕CLARIDGE, Judith Patricia appointedsecretary
- 2002-10-31➕CLARIDGE, Derek John appointeddirector
- 2002-10-31➕CLARIDGE, Judith Patricia appointeddirector
- 2002-10-31➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 2002-10-31➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 2002-10-31➕COMBINED NOMINEES LIMITED appointedcorporate-nominee-director
- 2002-10-31➖COMBINED NOMINEES LIMITED resignedcorporate-nominee-director
- 2002-10-31➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-director
- 2002-10-31➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-director
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 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Derek John Claridge Individual · British · DOB 12/1956 · age 70 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Judith Patricia Claridge Individual · British · DOB 11/1955 · age 71 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| 100 YEARS LATER TECHNOLOGY CO., LTD→ 15119175 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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| ABSCO LIMITED→ 04395868 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ACC TRADE LTD→ 16308488 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCUCAL LTD→ 15755816 · 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
Incorporated2002-10-31
Jurisdictionengland-wales
Primary SIC46210 — SIC 46210
Registered office
Meadowcroft Fox Road
Bourn
Cambridge
CB23 2TY
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02
Officers (3 active · 3 resigned)
CLARIDGE, Judith Patricia→
Activesecretary · appointed 2002-10-31
View their other companies + combined net worth →
CLARIDGE, Derek John→
Activedirector · ~70y · appointed 2002-10-31
View their other companies + combined net worth →
CLARIDGE, Judith Patricia→
Activedirector · ~71y · appointed 2002-10-31
View their other companies + combined net worth →
COMBINED SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-10-31 · resigned 2002-10-31
COMBINED NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-10-31 · resigned 2002-10-31
COMBINED SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-10-31 · resigned 2002-10-31
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 27/01/2003 | 19/07/2018 |
Recent filings (67 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-08-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-17