A LAYFIELD FARMS LTD

💤Zombieactive
14454306 · ltd · incorporated 2022-11-01
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 2.7y

0/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.7 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
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
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees1100

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 (19 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-01-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-01-30
    🔓
    Charge satisfied #4
  5. 2025-01-30
    🔓
    Charge satisfied #3
  6. 2024-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-12-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-12-06
    🔒
    Charge registered #4
    Lender: Elizabeth Anne Lewington
  9. 2024-12-06
    🔒
    Charge registered #3
    Lender: Elizabeth Anne Lewington
  10. 2024-09-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2024-09-10
    🔒
    Charge registered #2
    Lender: Barclays Security Trustee Limited
  12. 2024-09-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-11-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-11-06
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  15. 2023-02-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2023-01-31
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  17. 2022-11-01
    🏢
    Company incorporated
    As A LAYFIELD FARMS LTD
  18. 2022-11-01
    LAYFIELD, Richard Alistair appointed
    director
  19. 2022-11-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

98/100
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.
  • +Founder name in company name: Company name contains director surname "LAYFIELD" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard Alistair Layfield
Individual · British · DOB 05/1965 · age 61
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/11/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

9 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
Incorporated2022-11-01
Jurisdictionengland-wales
Primary SIC01500 — SIC 01500

Registered office

Milkup Bank Farm
Willington
Crook
Co Durham
DL15 0RN
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31

Officers (1 active · 0 resigned)

LAYFIELD, Richard Alistair
director · ~61y · appointed 2022-11-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Elizabeth Anne Lewington / Mary Jane Myers-Lewis
A registered charge1 property06/12/202430/01/2025
satisfied
Elizabeth Anne Lewington / Mary Jane Myers-Lewis
A registered charge1 property06/12/202430/01/2025
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge2 properties10/09/2024
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge06/11/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-06
change-account-reference-date-company-current-extended
accounts · AA01
2023-01-31
incorporation-company
incorporation · NEWINC
2022-11-01