FLODGE FARM LIMITED

💤Zombieactive
11325325 · ltd · incorporated 2018-04-24
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
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Turnover
year to Dec 2025
Net worth
£-21.9k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £21,904
Cash YoY
+86%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£25k
↑ 86% YoY
Net Worth
-£22k
↓ 4.1% YoY
Current Assets
£27k
↑ 74% YoY
Current Liabilities
-£22k-£12k-£2k£7k£17k£27kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£-21.9k£-21.0k
Current assets£26.7k£15.4k
Cash£24.5k£13.2k
Debtors£927£463
Net assets£-21.9k£-21.0k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-11-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-05-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-05-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-11-12
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2020-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-10-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-01-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2018-09-11
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2018-09-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2018-04-24
    🏢
    Company incorporated
    As FLODGE FARM LIMITED
  18. 2018-04-24
    KEENAN, Neil Edward appointed
    director

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

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

🏛️
Keeway Limited
Corporate parent · holds 75-100% shares
ultimate parent
FLODGE FARM LIMITED
This company · 11325325

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%
NameSharesVoting rightsNature of controlNotified
Keeway Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting11/11/2024
1 historic (ceased) PSC
  • Mr Neil Edward Keenanceased 11/11/2024· 75-100% shares

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

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CROFTS & FINDLAY (FARMERS) LTD
12747910 · est 2020 · no financials extracted
5y
CROPCROP LIMITED
16137645 · est 2024 · no financials extracted
1y
DAVISON & CO. (POTCO) LIMITED
16782686 · est 2025 · no financials extracted
DRAYTON SHEEP FARMING LIMITED
13231843 · est 2021 · no financials extracted
5y
EVERSHOLT ESTATE LIMITED
03505704 · est 1998 · no financials extracted
28y
FOLLY FIELDS FARM LTD
12454407 · est 2020 · no financials extracted
6y
FURTHO FARM LIMITED
03336389 · est 1997 · no financials extracted
29y
G.PELL & SON LIMITED
00801920 · est 1964 · no financials extracted
61y
GLINWELL PUBLIC LIMITED COMPANY
01303616 · est 1977 · no financials extracted
49y
GROWING GREEN LIMITED
04870412 · est 2003 · no financials extracted
22y
H.G. ROBINSON & SONS LIMITED
01624211 · est 1982 · no financials extracted
44y
H.J.SUMMERFIELD(MAULDEN)LIMITED
00562381 · est 1956 · no financials extracted
70y
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
Incorporated2018-04-24
Jurisdictionengland-wales
Primary SIC01500 — SIC 01500

Registered office

Old Raf Buildings Dorcas Lane
Stoke Hammond
Milton Keynes
MK17 0EA
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (1 active · 0 resigned)

KEENAN, Neil Edward
director · ~43y · appointed 2018-04-24
View their other companies + combined net worth →
Active

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

Recent filings (26 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-26
change-person-director-company-with-change-date
officers · CH01
2023-05-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22