BURKES AGRI SUPPLIES LTD

🌳Matureactive
NI627223 · ltd · incorporated 2014-10-13
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£6.95M
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46610SIC 46610
  • 47190Other retail sale in non-specialised stores
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 10.9y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 10.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £6,945,844
Cash YoY
-5%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2.2m
↓ 5.4% YoY
Net Worth
£6.9m
↑ 6.9% YoY
Current Assets
£5.8m
↑ 5.4% YoY
Current Liabilities
£0£1.4m£2.8m£4.2m£5.6m£6.9mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£7.04M£6.59M
Current assets£5.80M£5.50M
Cash£2.17M£2.30M
Net assets£6.95M£6.50M

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 (20 events)Click to expand
  1. 2025-07-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2024-09-02
    BURKE, Helen Patricia appointed
    director
  4. 2024-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-02-14
    📄
    capital-allotment-shares
    capital · SH01
  10. 2019-06-17
    📄
    capital-allotment-shares
    capital · SH01
  11. 2019-06-17
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2019-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-08-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2017-03-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2016-08-12
    📄
    capital-allotment-shares
    capital · SH01
  17. 2016-06-01
    🔒
    Charge registered #2
    Lender: Allens Autos (Portadown) Limited
  18. 2015-06-23
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland (As Security Trustee for Itself and Bank of Ireland (UK) PLC)
  19. 2014-10-13
    🏢
    Company incorporated
    As BURKES AGRI SUPPLIES LTD
  20. 2014-10-13
    BURKE, Richard Charles appointed
    director

Owner dependency

94/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "BURKE" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

51/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Charles Burke
Individual · British · DOB 03/1964 · age 62
75100%
75–100%75-100% shares · 75-100% voting13/10/2016

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

Active · Wholesale & distribution · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LCC GROUP LIMITED
NI031142 · est 1996
£129.99M
£97.49M£162.48M
£1115.35M2720029y8576y
CTEC (NI) LIMITED
NI055929 · est 2005
£17.92M
£13.44M£22.40M
£21.25M130020y8766y
HUB PACKAGING LTD.
NI616476 · est 2013
£9.88M
£7.41M£12.36M
£18.07M470013y8475y
R. THOMPSON & SON (ARMAGH) LIMITED
NI007069 · est 1967
£9.87M
£7.40M£12.34M
5558y8789y
COURTNEY & NELSON LIMITED
NI046240 · est 2003
£7.06M
£5.30M£8.83M
£22.27M320023y8458y
TAILORED IMAGE LTD
NI034580 · est 1998
£5.64M
£4.23M£7.05M
£20.80M1140027y9363y
W.A.C. MCCANDLESS (ENGINEERS) LIMITED
NI005177 · est 1962
£5.13M
£3.85M£6.42M
3064y8868y
NORTHERN CONFECTIONERS LTD
NI614585 · est 2012
£4.81M
£3.61M£6.01M
£21.97M280013y8484y
VETERINARY SURGEONS SUPPLY COMPANY LIMITED
NI003708 · est 1956
£4.78M
£3.58M£5.97M
5669y8459y
FORESTWOOD AGENCIES LIMITED
NI029479 · est 1995
£4.47M
£3.35M£5.59M
140031y8762y
MILLAR TRACTORS LIMITED
NI030423 · est 1996
£3.51M
£2.63M£4.39M
90030y8462y
DA FORGIE
NI620661 · est 2013
£3.51M
£2.63M£4.38M
4912y8374y
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
Incorporated2014-10-13
Jurisdictionnorthern-ireland
Primary SIC46180 — Agents specialised in the sale of other particular products

Registered office

81 Mullantine Road
Portadown
Craigavon
Co Armagh
BT62 4EY

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13

Officers (2 active · 0 resigned)

BURKE, Helen Patricia
director · ~58y · appointed 2024-09-02
View their other companies + combined net worth →
Active
BURKE, Richard Charles
director · ~62y · appointed 2014-10-13
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Allens Autos (Portadown)
Allens Autos (Portadown) Limited
A registered charge2 properties01/06/2016
outstanding
The Governor and Company of the Bank of Ireland (As Security Trustee for Itself and Bank of Ireland (UK) )
The Governor and Company of the Bank of Ireland (As Security Trustee for Itself and Bank of Ireland (UK) PLC)
A registered charge23/06/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-17
appoint-person-director-company-with-name-date
officers · AP01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-16
capital-allotment-shares
capital · SH01
2020-02-14
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-15