APPLE SNACKS LTD
🌿Early-stageactive
13821280 · ltd · incorporated 2021-12-29
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-76.5k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £76,538
Cash YoY
+153%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£15k
↑ 153% YoY
Net Worth
-£77k
↓ 53% YoY
Current Assets
£18k
↑ 102% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-76.5k | £-50.1k |
| Current assets | £18.1k | £9.0k |
| Cash | £15.1k | £6.0k |
| Net assets | £-76.5k | £-50.1k |
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 address
Last 180 days
1
filing
- • 1 address
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2026-05-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-15➕FARBROTHER, Ann appointeddirector
- 2022-09-15➕FARBROTHER, John appointeddirector
- 2022-09-15➖CROUCH, Jane Marie resigneddirector
- 2021-12-29🏢Company incorporatedAs APPLE SNACKS LTD
- 2021-12-29➕CROUCH, Jane Marie appointeddirector
- 2021-12-29📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — FARBROTHER, John (same surname) appointed 2022-09-15. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Farbrother Individual · British · DOB 10/1991 · age 35 | 50–75% | 50–75% | board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · trust interest · firm interest | 15/09/2022 |
Mrs Ann Farbrother Individual · British · DOB 02/1956 · age 70 | 50–75% | 50–75% | board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · trust interest · firm interest | 15/09/2022 |
1 historic (ceased) PSC
- Miss Jane Marie Crouchceased 15/09/2022· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A.Y. (FALMOUTH) LTD→ 15232844 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A&S 2014 LTD→ 14131912 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAMO INTERNATIONAL RECRUITMENT AGENTS LTD→ 15592663 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AMAZING GRAZING EXMOUTH LTD→ 14776897 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AMC EXETER LTD→ 10435215 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ANDREWSHAYES LIMITED→ 05846844 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ANNIE AND THE FLINT LIMITED→ 16154760 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARDA 23 LTD→ 16529408 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARLO LETTING LTD→ 12138131 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARTIS TOO LTD→ 15536770 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARTISARNI FOOD COMPANY LIMITED→ 11918870 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ARTKOF ENTERPRISE LIMITED→ 13383854 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2021-12-29
Jurisdictionengland-wales
Primary SIC56103 — Take-away food shops and mobile food stands
Registered office
14 & 15 Southernhay West
Exeter
EX1 1PL
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16
Officers (2 active · 1 resigned)
FARBROTHER, Ann→
Activedirector · ~70y · appointed 2022-09-15
View their other companies + combined net worth →
FARBROTHER, John→
Activedirector · ~35y · appointed 2022-09-15
View their other companies + combined net worth →
CROUCH, Jane Marie→
Resigneddirector · ~60y · appointed 2021-12-29 · resigned 2022-09-15
Click a director name to see their full track record across all companies.
Recent filings (15 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-16
termination-director-company-with-name-termination-date
officers · TM01
2022-09-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-16
appoint-person-director-company-with-name-date
officers · AP01
2022-09-16
appoint-person-director-company-with-name-date
officers · AP01
2022-09-16
incorporation-company
incorporation · NEWINC
2021-12-29