A & B POTATOES LIMITED

💤Zombieactive
08200627 · ltd · incorporated 2012-09-04
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 2025
Net worth
£473.1k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Wholesale of fruit and vegetables
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -35% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 9.8y

30/100
under pressure

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

  • · Oldest live charge is 9.8 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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
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
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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 £473,095
Cash YoY
-35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£161k
↓ 35% YoY
Net Worth
£473k
↑ 1.8% YoY
Current Assets
Current Liabilities
£0£95k£189k£284k£378k£473kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Cash£161.4k£248.4k
Net assets£473.1k£464.7k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-05-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-05-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-06-14
    🔓
    Charge satisfied #3
  10. 2021-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-09-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2018-08-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2018-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2017-10-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2017-10-06
    🔓
    Charge satisfied #1
  19. 2017-09-27
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  20. 2017-09-02
    🔓
    Charge satisfied #2
  21. 2016-08-02
    🔒
    Charge registered #2
    Lender: Assetz Capital Trust Company Limited
  22. 2016-08-02
    🔒
    Charge registered #1
    Lender: Assetz Capital Trust Company Limited
  23. 2013-05-01
    RUBY, Anthony David, Mr. resigned
    director
  24. 2012-09-04
    🏢
    Company incorporated
    As A & B POTATOES LIMITED
  25. 2012-09-04
    RUBY, Benjamin William Austen appointed
    director
  26. 2012-09-04
    RUBY, Anthony David, Mr. appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

Multiple 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 14 years.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Benjamin William Austen Ruby
Individual · British · DOB 07/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/09/2016

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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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
Incorporated2012-09-04
Jurisdictionengland-wales
Primary SIC46310 — Wholesale of fruit and vegetables

Registered office

Tremabyn
Trematon
Saltash
Cornwall
PL12 4RT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-16
Last: 2025-09-02

Officers (1 active · 1 resigned)

RUBY, Benjamin William Austen
director · ~50y · appointed 2012-09-04
View their other companies + combined net worth →
Active
RUBY, Anthony David, Mr.
director · ~52y · appointed 2012-09-04 · resigned 2013-05-01
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
A registered charge27/09/201714/06/2021
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge02/08/201602/09/2017
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge1 property02/08/201606/10/2017

Recent filings (40 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-09
change-person-director-company-with-change-date
officers · CH01
2022-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-06
mortgage-satisfy-charge-full
mortgage · MR04
2021-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-13