BRACKENMORE LTD

💤Zombieactive

05082830 · ltd · incorporated 2004-03-24

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 Feb 2025

Net worth

£112.3k

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: SIC 01470

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 53). 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 (58/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 21.8y

30/100

under pressure

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

· Oldest live charge is 21.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

5 officers (2 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

6 connected companies via shared directors

Filing history

77 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

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 £112,285

Cash YoY

+61%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£4k

↑ 61% YoY

Net Worth

£112k

↑ 248% YoY

Current Assets

£505k

↑ 25% 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	£115.2k	£40.1k
Current assets	£504.7k	£403.2k
Cash	£3.8k	£2.3k
Debtors	£501.0k	£400.9k
Net assets	£112.3k	£32.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2026-02-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-12
📄
memorandum-articles
incorporation · MA
2021-04-12
📄
resolution
resolution · RESOLUTIONS
2021-04-12
📄
statement-of-companys-objects
change-of-constitution · CC04
2021-04-12
📄
capital-name-of-class-of-shares
capital · SH08
2021-04-12
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2021-04-12
📄
capital-name-of-class-of-shares
capital · SH08
2021-04-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-04-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-02-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-21
🔓
Charge satisfied #5
2017-07-21
🔓
Charge satisfied #4
2017-07-21
🔓
Charge satisfied #3
2017-07-21
🔓
Charge satisfied #2
2015-03-16
➖
SPELLER, Amanda Jane resigned
director
2014-01-27
🔒
Charge registered #5
Lender: Barclays Bank PLC
2007-01-04
🔓
Charge satisfied #1
2005-10-26
🔒
Charge registered #4
Lender: Barclays Bank PLC
2005-09-20
🔒
Charge registered #3
Lender: Barclays Bank PLC
2004-09-10
🔒
Charge registered #2
Lender: Hsbc Bank PLC
2004-08-31
🔒
Charge registered #1
Lender: Hsbc Bank PLC
2004-07-13
➕
SPELLER, David James appointed
secretary
2004-07-13
➕
SPELLER, David James appointed
director
2004-07-13
➕
SPELLER, Amanda Jane appointed
director
2004-05-21
➖
FORM 10 SECRETARIES FD LTD resigned
corporate-nominee-secretary
2004-05-21
➖
FORM 10 DIRECTORS FD LTD resigned
corporate-nominee-director
2004-03-24
🏢
Company incorporated
As BRACKENMORE LTD
2004-03-24
➕
FORM 10 SECRETARIES FD LTD appointed
corporate-nominee-secretary
2004-03-24
➕
FORM 10 DIRECTORS FD LTD appointed
corporate-nominee-director

Owner dependency

85/100

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.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong 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 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

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple 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 David James Speller Individual · British · DOB 03/1973 · age 53	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	06/04/2016
Miss Sarah Speller Individual · British · DOB 09/1977 · age 49	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2020

1 historic (ceased) PSC

Mrs Amanda Jane Spellerceased 04/12/2017· 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 · Agriculture · CB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BESTAR CO., LTD→ 16008466 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BRITTONS FARMING→ 06066082 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
CAM PARK ARENA LIMITED→ 14484058 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
CAMBULLS LTD→ 15588381 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
CAPITAL AGRI INTERNATIONAL LTD→ 10603408 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
CERI VALLEY ORCHARDS LIMITED→ 06435030 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
CESELTAR LTD→ 16980632 · est 2026 · no financials extracted	—	—	—	—	—	—	—
CG CHAMBERS AND SONS LIMITED→ 10773175 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
CHALLINOR FARRIERY LTD→ 16346581 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CHANCEL FARM LTD→ 16631540 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CHANE LAND LIMITED→ 13030604 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
CHAPLIN FARMS (FULBOURN) LIMITED→ 00835358 · est 1965 · no financials extracted	—	—	—	—	61y	—	—

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

Incorporated2004-03-24

Jurisdictionengland-wales

Primary SIC01470 — SIC 01470

Registered office

Lewis House

Great Chesterford Court

Great Chesterford

Essex

CB10 1PF

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-04-07

Last: 2026-03-24

Officers (2 active · 3 resigned)

SPELLER, David James→

secretary · appointed 2004-07-13

View their other companies + combined net worth →

Active

SPELLER, David James→

director · ~53y · appointed 2004-07-13

View their other companies + combined net worth →

Active

FORM 10 SECRETARIES FD LTD→

corporate-nominee-secretary · appointed 2004-03-24 · resigned 2004-05-21

Resigned

SPELLER, Amanda Jane→

director · ~47y · appointed 2004-07-13 · resigned 2015-03-16

Resigned

FORM 10 DIRECTORS FD LTD→

corporate-nominee-director · appointed 2004-03-24 · resigned 2004-05-21

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
satisfied	Barclays Barclays Bank PLC	A registered charge	1 property	27/01/2014	21/07/2017
satisfied	Barclays Barclays Bank PLC	Legal charge	1 property	26/10/2005	21/07/2017
satisfied	Barclays Barclays Bank PLC	Debenture	1 property	20/09/2005	21/07/2017
satisfied	HSBC Hsbc Bank PLC	Legal mortgage	1 property	10/09/2004	21/07/2017
satisfied	HSBC Hsbc Bank PLC	Debenture	1 property	31/08/2004	04/01/2007