GROVE FEEDS LTD

💤Zombieactive
05007803 · ltd · incorporated 2004-01-06
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
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 10910
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 13.4y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Average employees500400

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-02-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-05-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2023-05-12
    🔓
    Charge satisfied #1
  7. 2023-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-07-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2019-07-02
    🔒
    Charge registered #2
    Lender: Santander UK PLC as Security Trustee
  13. 2018-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-02-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2017-01-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-02-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-11-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2013-01-14
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2012-09-26
    MORGAN, Timothy James resigned
    secretary
  20. 2004-01-06
    🏢
    Company incorporated
    As GROVE FEEDS LTD
  21. 2004-01-06
    MORGAN, John Edward appointed
    director
  22. 2004-01-06
    MORGAN, Timothy James appointed
    secretary
  23. 2004-01-06
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  24. 2004-01-06
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  25. 2004-01-06
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  26. 2004-01-06
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

100/100
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 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr John Edward Morgan
Individual · British · DOB 02/1952 · age 74
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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10589054 · est 2017 · no financials extracted
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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
Incorporated2004-01-06
Jurisdictionengland-wales
Primary SIC10910 — SIC 10910

Registered office

Grove Feeds Chester Road
Tern Hill
Market Drayton
Shropshire
TF9 2JQ

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06

Officers (1 active · 3 resigned)

MORGAN, John Edward
director · ~74y · appointed 2004-01-06
View their other companies + combined net worth →
Active
MORGAN, Timothy James
secretary · appointed 2004-01-06 · resigned 2012-09-26
Resigned
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2004-01-06 · resigned 2004-01-06
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 2004-01-06 · resigned 2004-01-06
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Santander
Santander UK PLC as Security Trustee
A registered charge02/07/2019
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property14/01/201312/05/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-20