FARRAR PROPERTIES LIMITED

💤Zombieactive
08670245 · ltd · incorporated 2013-08-30
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 Aug 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 55/100. 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).

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
Confirmed no charges registered
85
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
4 connected companies via shared directors
57
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31

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

Recent activity

Last 30 days
1
filing
  • 1 dissolution
Last 90 days
1
filing
  • 1 dissolution
Last 180 days
1
filing
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-06-25
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  2. 2024-11-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-03-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-01-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-08-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-08-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-08-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-03-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-03-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-04-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-05-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-05-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2018-05-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2017-07-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2017-05-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2014-09-25
    MCLAUGHLIN, Matthew Henry appointed
    director
  18. 2014-09-25
    HARDCASTLE, Martin resigned
    director
  19. 2013-08-30
    🏢
    Company incorporated
    As FARRAR PROPERTIES LIMITED
  20. 2013-08-30
    HARDCASTLE, Martin 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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Matthew Henry Mclaughlin
Individual · British · DOB 03/1987 · age 39
75100%
75-100% shares30/08/2016

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

9 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
Incorporated2013-08-30
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Heritage Exchange
South Lane
Elland
West Yorkshire
HX5 0HG
England

Filing status

Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-13
Last: 2025-08-30

Officers (1 active · 1 resigned)

MCLAUGHLIN, Matthew Henry
director · ~39y · appointed 2014-09-25
View their other companies + combined net worth →
Active
HARDCASTLE, Martin
director · ~54y · appointed 2013-08-30 · resigned 2014-09-25
Resigned

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

Recent filings (33 total)

dissolution-application-strike-off-company
dissolution · DS01
2026-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-dormant
accounts · AA
2024-11-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-03
accounts-with-accounts-type-dormant
accounts · AA
2024-03-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-dormant
accounts · AA
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-25
change-person-director-company-with-change-date
officers · CH01
2022-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-07
accounts-with-accounts-type-dormant
accounts · AA
2022-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31