ADVANCED FARMING LTD

💤Zombieactive
13719379 · ltd · incorporated 2021-11-02
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 Nov 2023
Net worth
£19.9k
book net assets
Opportunity
52/100
Worth a look
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Special-situation opportunity
Distressed agriculture with salvageable qualities — special-situations priority.

Opportunity 52/100 (worth a look), bankability 40/100. 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). Current lenders should be on monthly review.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £19,886

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£20k
Current Assets
£21k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-11-29
Total assets£19.9k
Current assets£20.7k
Net assets£19.9k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-11-29
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  2. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-11-29
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  4. 2024-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-11-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-10-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2021-11-02
    🏢
    Company incorporated
    As ADVANCED FARMING LTD
  8. 2021-11-02
    SHAHID, Usman appointed
    director
  9. 2021-11-02
    📄
    incorporation-company
    incorporation · NEWINC

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

2 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: 2026-02-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-13

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Usman Shahid
Individual · British · DOB 03/1984 · age 42
2550%
25–50%board control25-50% shares · 25-50% voting · board control02/11/2021

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated2021-11-02
Jurisdictionengland-wales
Primary SIC01500 — SIC 01500

Registered office

Unit 1 Raynesway
Off Broughton St
Manchester
M8 8NN
United Kingdom

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2023-11-29
Confirmation statement
Next due: 2026-02-13OVERDUE
Last: 2025-01-30

Officers (1 active · 0 resigned)

SHAHID, Usman
director · ~42y · appointed 2021-11-02
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

change-account-reference-date-company-current-shortened
accounts · AA01
2025-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
change-account-reference-date-company-current-shortened
accounts · AA01
2024-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-26
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14
gazette-notice-compulsory
gazette · GAZ1
2023-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
incorporation-company
incorporation · NEWINC
2021-11-02