OTTERLEE FARM LTD

🏛️Establishedactive
11491100 · ltd · incorporated 2018-07-30
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to Nov 2024
Net worth
£-10.5k
book net assets
Opportunity
72/100
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 72/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £10,470

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£10k
↓ 27% YoY
Current Assets
£29k
↓ 12% YoY
Current Liabilities
-£10k-£2k£7k£15k£24k£32kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£5.0k£10.7k
Current assets£28.7k£32.5k
Net assets£-10.5k£-8.3k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-08-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-28
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  5. 2022-12-28
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  6. 2022-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-07-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2021-09-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-10-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2019-10-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2018-07-30
    🏢
    Company incorporated
    As OTTERLEE FARM LTD
  12. 2018-07-30
    FIRTH, Richard Adam appointed
    secretary
  13. 2018-07-30
    FIRTH, Lisa Jayne appointed
    director
  14. 2018-07-30
    FIRTH, Richard Adam appointed
    director
  15. 2018-07-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Richard Adam Firth
Individual · British · DOB 11/1979 · age 47
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/07/2018
Mrs Lisa Jayne Firth
Individual · British · DOB 08/1980 · age 46
2550%
25–50%25-50% shares · 25-50% voting30/07/2018

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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13924066 · est 2022 · no financials extracted
4y
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14173416 · est 2022 · no financials extracted
3y
COLEY EQUINE & CATTLE LTD
15532933 · est 2024 · no financials extracted
2y
GRAIN FARM LIMITED
01172752 · est 1974 · no financials extracted
51y
KILN DRIED LOGS HALIFAX LTD
15500541 · est 2024 · no financials extracted
2y
LOWER WYNTEREDGE FARM LTD
04897401 · est 2003 · no financials extracted
22y
MEADOWBANK FARM YORK LIMITED
16947907 · est 2026 · no financials extracted
MILLHOUSE WORLD OF WOOD LIMITED
08211025 · est 2012 · no financials extracted
13y
MILNER HOMES LIMITED
01514782 · est 1980 · no financials extracted
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04410163 · est 2002 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2018-07-30
Jurisdictionengland-wales
Primary SIC01500 — SIC 01500

Registered office

Otterlee Farm
Triangle
Sowerby Bridge
HX6 3EX
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (3 active · 0 resigned)

FIRTH, Richard Adam
secretary · appointed 2018-07-30
View their other companies + combined net worth →
Active
FIRTH, Lisa Jayne
director · ~46y · appointed 2018-07-30
View their other companies + combined net worth →
Active
FIRTH, Richard Adam
director · ~47y · appointed 2018-07-30
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-17
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2022-12-28
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2022-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-07-25
accounts-with-accounts-type-dormant
accounts · AA
2021-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-03
accounts-with-accounts-type-dormant
accounts · AA
2020-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-03