AGRIMEK LTD
💤Zombieactive
04835602 · ltd · incorporated 2003-07-17
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£526.5k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 28302
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 46). 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 22.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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, 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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
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 £526,543
Cash YoY
+54%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£33k
↑ 54% YoY
Net Worth
£527k
↑ 3.2% YoY
Current Assets
£1.7m
↑ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £1.03M | £732.0k |
| Current assets | £1.73M | £1.53M |
| Cash | £33.5k | £21.8k |
| Debtors | £226.1k | £37.8k |
| Net assets | £526.5k | £510.0k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-13🔓Charge satisfied #3
- 2024-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-21🔒Charge registered #4Lender: Lloyds Bank PLC
- 2021-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-24📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2021-02-25📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-02-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-01➖PORTER, Victoria resigneddirector
- 2020-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-01-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-01-31🔓Charge satisfied #2
- 2019-01-31🔓Charge satisfied #1
- 2016-11-04🔒Charge registered #3Lender: Just Cashflow PLC
- 2004-07-09🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2004-01-09🔒Charge registered #1Lender: Hsbc Bank PLC
- 2003-07-17🏢Company incorporatedAs AGRIMEK LTD
- 2003-07-17➕PORTER, Gareth appointedsecretary
- 2003-07-17➕PORTER, Gareth appointeddirector
- 2003-07-17➕LAZARUS, Heather Ann appointednominee-secretary
- 2003-07-17➖LAZARUS, Heather Ann resignednominee-secretary
- 2003-07-17➕LAZARUS, Harry Pierre appointednominee-director
- 2003-07-17➖LAZARUS, Harry Pierre resignednominee-director
- 2003-07-17➕PORTER, Victoria appointeddirector
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gareth Porter Individual · British · DOB 05/1980 · age 46 | 50–75% | — | 50-75% shares | 01/06/2016 |
Mrs Victoria Porter Individual · Welsh · DOB 11/1984 · age 42 | 25–50% | — | 25-50% shares | 01/06/2016 |
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 · Manufacturing · SA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2U4U LTD→ 12173730 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 3 MAG LIMITED→ 10811605 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A & D DAVIES ENGINEERING LTD→ 15754768 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABBEY MASONRY AND RESTORATION LIMITED→ 04261562 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ABBEY STONE LTD→ 15149516 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABC FABRICATIONS LIMITED→ 14432539 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCED ELECTRONIC SYSTEMS LIMITED→ 05158730 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ADVANCED MILKING SYSTEMS LIMITED→ 12370218 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AFON TOOLMAKERS & ENGINEERS LIMITED→ 01560517 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| AILARIAN LTD→ 15693495 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AIR REVOLUTION TECHNOLOGIES UK LTD→ 12716372 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AKT ROLLER SHUTTERS LTD→ 14598612 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2003-07-17
Jurisdictionengland-wales
Primary SIC28302 — SIC 28302
Registered office
Unit 3, Gilbertson Court
Alloy Industrial Estate
Pontardawe
Swansea
SA8 4EZ
Wales
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09
Officers (2 active · 3 resigned)
Active
PORTER, Gareth→
Activedirector · ~46y · appointed 2003-07-17
View their other companies + combined net worth →
LAZARUS, Heather Ann→
Resignednominee-secretary · appointed 2003-07-17 · resigned 2003-07-17
LAZARUS, Harry Pierre→
Resignednominee-director · ~89y · appointed 2003-07-17 · resigned 2003-07-17
PORTER, Victoria→
Resigneddirector · ~42y · appointed 2003-07-17 · resigned 2020-12-01
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 21/12/2021 | — | |
| satisfied | Just Cashflow Just Cashflow PLC | A registered charge | — | 04/11/2016 | 13/12/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 09/07/2004 | 31/01/2019 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 09/01/2004 | 31/01/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (70 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2021-03-24