ALTERRA FARMS LIMITED
💤Zombieactive
07520188 · ltd · incorporated 2011-02-07
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 Dec 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 55100Hotels and similar accommodation
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), 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 (58/100).
🏦
Refinance opportunity
17 live charges · 4 lenders · oldest 14.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 14.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
72 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 8 | 600 |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-30🔓Charge satisfied #15
- 2023-11-30🔓Charge satisfied #14
- 2023-11-30🔓Charge satisfied #11
- 2023-11-30🔓Charge satisfied #10
- 2023-11-30🔓Charge satisfied #9
- 2023-11-30🔓Charge satisfied #7
- 2023-11-30🔓Charge satisfied #13
- 2023-11-30🔓Charge satisfied #12
- 2023-11-30🔓Charge satisfied #8
- 2023-11-30🔓Charge satisfied #6
- 2023-11-30🔓Charge satisfied #5
- 2023-11-30🔓Charge satisfied #4
- 2023-11-30🔓Charge satisfied #3
- 2023-11-30🔓Charge satisfied #2
- 2023-11-30🔓Charge satisfied #1
- 2023-11-27🔒Charge registered #17Lender: Oxbury Bank PLC
- 2023-11-27🔒Charge registered #16Lender: Oxbury Bank PLC
- 2023-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-31📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2021-11-04🔒Charge registered #15Lender: Agribank PLC
- 2019-06-18🔒Charge registered #14Lender: Hsbc UK Bank PLC
- 2012-02-09🔒Charge registered #11Lender: Hsbc Bank PLC
- 2012-02-09🔒Charge registered #10Lender: Hsbc Bank PLC
- 2012-02-09🔒Charge registered #9Lender: Hsbc Bank PLC
- 2012-02-09🔒Charge registered #7Lender: Hsbc Bank PLC
- 2012-02-08🔒Charge registered #13Lender: Hsbc Bank PLC
- 2012-02-08🔒Charge registered #12Lender: Hsbc Bank PLC
- 2012-01-28🔒Charge registered #8Lender: Hsbc Bank PLC
- 2012-01-18🔒Charge registered #6Lender: Hsbc Bank PLC
- 2012-01-18🔒Charge registered #5Lender: Hsbc Bank PLC
- 2012-01-18🔒Charge registered #4Lender: Hsbc Bank PLC
Showing most recent 50 of 55 events
Owner dependency
90/100
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 15 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
68/100
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 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alastair John Kerr Individual · British · DOB 01/1973 · age 53 | 75–100% | — | 75-100% shares | 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 · IP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 999 PEST CONTROL LIMITED→ 08897810 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| A. & E. G. HEADING LIMITED→ 00520618 · est 1953 · no financials extracted | — | — | — | — | 72y | — | — |
| A. F. MACHINERY LIMITED→ 02561921 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| A.D AGRI CONTRACTOR & PEST CONTROL LTD→ 15208516 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.W. MORTIER (FARMS) LIMITED→ 00826334 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| ADAMS FAMILY FARMS LIMITED→ 12761022 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVANCED ANIMAL HEALTH LIMITED→ 05391118 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| AIRFIELD FARM LIMITED→ 12112639 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALASTAIR FINDLAY LIMITED→ 13181412 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALFRED HEADING & SONS LIMITED→ 00530843 · est 1954 · no financials extracted | — | — | — | — | 72y | — | — |
| AMARK AGRICULTURE LIMITED→ 10429961 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AMPTON HALL ESTATES→ 00322787 · est 1937 · no financials extracted | — | — | — | — | 89y | — | — |
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
Incorporated2011-02-07
Jurisdictionengland-wales
Primary SIC01500 — SIC 01500
Registered office
Office Farm
Letheringham
Woodbridge
Suffolk
IP13 7RA
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28
Officers (1 active · 0 resigned)
KERR, Alastair John→
Activedirector · ~53y · appointed 2011-02-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
17
Total charges
2
Outstanding
1
Active lenders
Status:Lender:17 of 17 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Oxbury Bank Oxbury Bank PLC | A registered charge | 1 property | 27/11/2023 | — | |
| outstanding | Oxbury Bank Oxbury Bank PLC | A registered charge | 1 property | 27/11/2023 | — | |
| satisfied | Agribank Agribank PLC | A registered charge | 3 properties | 04/11/2021 | 30/11/2023 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 18/06/2019 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 09/02/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 09/02/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 2 properties | 09/02/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 09/02/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 08/02/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 08/02/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 28/01/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 18/01/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 18/01/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 18/01/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 18/01/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 18/01/2012 | 30/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 16/01/2012 | 30/11/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-01
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-30