AGRITASK LTD
💤Zombieactive
07084547 · ltd · incorporated 2009-11-24
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 Mar 2024
Net worth
£155.7k
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Renting and leasing of agricultural machinery and equipment
Sector: Administrative & support services
Investor take
Special-situation opportunityDistressed professional-services with salvageable qualities — special-situations priority.
Opportunity 67/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).
🏦
Refinance opportunity
2 live charges · oldest 1.9y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (71/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £155,715
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£156k
Current Assets
£210k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-03-31 |
|---|---|
| Total assets | £191.1k |
| Current assets | £209.6k |
| Debtors | £126.1k |
| Net assets | £155.7k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-12-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-09-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-09-09📄gazette-notice-compulsorygazette · GAZ1
- 2025-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-09-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-13🔒Charge registered #2Lender: Davenham Asset Finance Limited
- 2024-08-13🔒Charge registered #1Lender: Davenham Asset Finance Limited
- 2024-04-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-31📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-12-22📄gazette-notice-compulsorygazette · GAZ1
- 2020-01-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-14➖SPRACKLING, Shon Arnold Spencer resigneddirector
- 2019-08-14➖SPRACKLING, Simon Richard resigneddirector
- 2009-11-24🏢Company incorporatedAs AGRITASK LTD
- 2009-11-24➕TERPSTRA, Johnathan William appointeddirector
- 2009-11-24➕SPRACKLING, Shon Arnold Spencer appointeddirector
- 2009-11-24➕SPRACKLING, Simon Richard 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 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
63/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-29
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Johnathan William Terpstra Individual · British · DOB 11/1980 · age 46 | 75–100% | — | 75-100% shares | 06/04/2016 |
3 historic (ceased) PSCs
- Mr Simon Richard Spracklingceased 14/08/2019· significant influence
- Mr Shon Arnold Spencer Spracklingceased 14/08/2019· significant influence
- R N Sprackling Ltdceased 14/07/2019· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| AEROPROFESSIONAL TECHNICS LIMITED→ 14090950 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AETHER VEHICLE TECHNOLOGIES LTD→ 14877608 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AFP PLUS LIMITED→ 05381837 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| AFRICAN SAVANNAH CONSULTING LIMITED→ 14194175 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AFS GROUP LIMITED→ 03302113 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| AG TOWN PLANNING LTD→ 10469924 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AHNA HOLDINGS LIMITED→ 14163498 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AILAB (ARTIFICIAL INTELLIGENCE LABORATORY) LIMITED→ 14745014 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AIMYLOS CONSULTING LTD→ 15115024 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AINSLIE GRAY LTD→ 13917231 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AIPF (UK) LIMITED→ 08298948 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AIRCON HIRE SOUTH COAST LIMITED→ 05681350 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2009-11-24
Jurisdictionengland-wales
Primary SIC77310 — Renting and leasing of agricultural machinery and equipment
Registered office
The Old Stables Sutton Manor Farm
Bishop's Sutton
Alresford
Hampshire
SO24 0AA
United Kingdom
Filing status
Accounts
Next due: 2026-03-29OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-09-16
Last: 2025-09-02
Officers (1 active · 2 resigned)
TERPSTRA, Johnathan William→
Activedirector · ~46y · appointed 2009-11-24
View their other companies + combined net worth →
SPRACKLING, Shon Arnold Spencer→
Resigneddirector · ~60y · appointed 2009-11-24 · resigned 2019-08-14
SPRACKLING, Simon Richard→
Resigneddirector · ~65y · appointed 2009-11-24 · resigned 2019-08-14
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Davenham Asset Finance Davenham Asset Finance Limited | A registered charge | — | 13/08/2024 | — | |
| outstanding | Davenham Asset Finance Davenham Asset Finance Limited | A registered charge | — | 13/08/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (58 total)
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-10
gazette-notice-compulsory
gazette · GAZ1
2025-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-16