2 AGRICULTURE MILLING LIMITED
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 1.7y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.7 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (62/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 mortgage
- • 1 mortgage
- • 1 confirmation-statement
Corporate timeline (32 events)Click to expand
- 2026-02-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-18🔒Charge registered #3Lender: National Westminster Bank PLC (As Security Agent)
- 2025-10-14📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-10-14📄legacyaccounts · PARENT_ACC
- 2025-10-14📄legacyother · GUARANTEE2
- 2025-10-14📄legacyother · AGREEMENT2
- 2025-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-18🔒Charge registered #2Lender: National Westminster Bank PLC (As Security Agent)
- 2024-10-31📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-10-31📄legacyaccounts · PARENT_ACC
- 2024-10-31📄legacyother · GUARANTEE2
- 2024-10-31📄legacyother · AGREEMENT2
- 2024-09-13📄memorandum-articlesincorporation · MA
- 2024-09-13📄resolutionresolution · RESOLUTIONS
- 2024-09-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-30🔒Charge registered #1Lender: National Westminster Bank PLC as Security Agent
- 2024-01-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-01-10📄legacyother · GUARANTEE2
- 2024-01-10📄legacyother · AGREEMENT2
- 2024-01-05📄legacyaccounts · PARENT_ACC
- 2024-01-05📄legacyother · AGREEMENT2
- 2023-09-26📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-02-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-02-02📄legacyother · GUARANTEE2
- 2023-01-09📄legacyaccounts · PARENT_ACC
- 2022-09-09➖HAVERON, Andrew Sean resigneddirector
- 2020-02-14➕BERRY, Gavin John appointeddirector
- 2018-06-21➕HAVERON, Andrew Sean appointeddirector
- 2017-11-10➖HULLY, Ronald Erwin resigneddirector
- 2016-09-16🏢Company incorporatedAs 2 AGRICULTURE MILLING LIMITED
- 2016-09-16➕RAFFERTY, Robert John appointeddirector
- 2016-09-16➕HULLY, Ronald Erwin appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
2 Agriculture Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
2 Agriculture Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/02/2020 |
3 historic (ceased) PSCs
- Amber Rei Holdings Limitedceased 13/02/2020· 75-100% shares · 75-100% voting · board control
- Mr Ranjit Singh Boparanceased 13/02/2020· 25-50% shares · 25-50% voting · board control
- Mrs Baljinder Kaur Boparanceased 13/02/2020· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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8 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 →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
Registered office
Filing status
Officers (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank (As Security Agent) National Westminster Bank PLC (As Security Agent) | A registered charge | — | 18/02/2026 | — | |
| outstanding | National Westminster Bank (As Security Agent) National Westminster Bank PLC (As Security Agent) | A registered charge | — | 18/07/2025 | — | |
| outstanding | National Westminster Bank as Security Agent National Westminster Bank PLC as Security Agent | A registered charge | — | 30/08/2024 | — |