AGREX LIMITED

🌳Matureactive

07500049 · ltd · incorporated 2011-01-20

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£216.5k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 01629

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 80/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 13.9y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 13.9 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

9 officers (7 active, 9 linked, 8 with DOB)

Ownership & PSC

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

Director network

14 connected companies via shared directors

Filing history

66 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

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 £216,468

Cash YoY

+2758%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£82k

↑ 2758% YoY

Net Worth

£216k

↑ 19% YoY

Current Assets

£1.5m

↑ 2.6% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£824.1k	£985.4k
Current assets	£1.53M	£1.49M
Cash	£81.9k	£2.9k
Debtors	£1.23M	£1.30M
Net assets	£216.5k	£182.1k

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

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2026-01-28
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-05-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-24
📄
memorandum-articles
incorporation · MA
2022-05-24
📄
resolution
resolution · RESOLUTIONS
2022-05-23
📄
capital-name-of-class-of-shares
capital · SH08
2021-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-17
📄
change-person-director-company-with-change-date
officers · CH01
2020-12-01
➕
MUDRACHENKO, Nadiya appointed
director
2020-12-01
➕
MULLEN, Gary appointed
director
2020-12-01
➕
SMITH, Melvyn appointed
director
2020-12-01
📄
capital-allotment-shares
capital · SH01
2020-12-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-12-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-12-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-11-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-11-27
📄
capital-allotment-shares
capital · SH01
2020-11-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-06-18
🔒
Charge registered #4
Lender: Ldf Finance No.2 Limited
2018-05-25
🔓
Charge satisfied #2
2018-05-25
🔓
Charge satisfied #1
2018-03-20
🔒
Charge registered #3
Lender: Aldermore Bank PLC
2015-03-31
🔒
Charge registered #2
Lender: Rbs Invoice Finance Limited
2014-04-01
➕
COCKING, Lee David appointed
director
2014-04-01
➕
COULTAN, Trevor Harold appointed
director
2012-07-02
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2011-03-08
➕
COCKING, Georgina appointed
director
2011-03-08
➕
COULTAN, Elizabeth Anne appointed
director
2011-03-08
➖
WILKIN CHAPMAN COMPANY SECRETAIRAL SERVICES LIMITED resigned
corporate-secretary
2011-03-08
➖
EKE, Russell John resigned
director
2011-01-20
🏢
Company incorporated
As AGREX LIMITED
2011-01-20
➕
WILKIN CHAPMAN COMPANY SECRETAIRAL SERVICES LIMITED appointed
corporate-secretary
2011-01-20
➕
EKE, Russell John appointed
director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 15 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.

Group structure

Agrex Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Agrex Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

AGREX LIMITED

This company · 07500049

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Agrex Holdings Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016
Mr Trevor Harold Coultan Individual · British · DOB 07/1962 · age 64	—	—	sig. influencesignificant influence	06/04/2016
Mr Lee David Cocking Individual · British · DOB 02/1972 · age 54	—	—	sig. influencesignificant influence	06/04/2016

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 →

Similar companies

Active · Agriculture · LN postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A B GRANT (LANGRICK) LIMITED→ 09798753 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
A.C.GILBERT & SON,LIMITED→ 00128636 · est 1913 · no financials extracted	—	—	—	—	112y	—	—
A.I.WALGATE & SON→ 00532342 · est 1954 · no financials extracted	—	—	—	—	71y	—	—
AH FARMS LTD→ 11454371 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AJR TAYLOR FARMS LIMITED→ 04689796 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
ALCHEMY AGRONOMY LTD→ 15210201 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ALDRICH AGRICULTURAL LIMITED→ 16395037 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ALFORD FARMING LIMITED→ 15591621 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ALLIED GROWERS LIMITED→ 09356248 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ALPACAS AT THE MEADOWS LTD→ 14841465 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
AMICUS (FM) SERVICES LTD→ 12223111 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ANDREW JOHNSTONE LIMITED→ 01608946 · est 1982 · no financials extracted	—	—	—	—	44y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2011-01-20

Jurisdictionengland-wales

Primary SIC01629 — SIC 01629

Registered office

21a Newland

Lincoln

LN1 1XP

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-02-03

Last: 2026-01-20