THE FINNEBROGUE BACON COMPANY LTD
Opportunity 68/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 8.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 2 accounts
- • 1 confirmation-statement
- • 1 mortgage
Corporate timeline (48 events)Click to expand
- 2026-01-29📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-12-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-05🔒Charge registered #4Lender: Coöperative Rabobank U.A., Canada Branch, Trading as Rabobank Canada
- 2025-12-02📄accounts-with-accounts-type-mediumaccounts · AA
- 2025-10-10➖NETHERCOTT, Andrew resigneddirector
- 2025-10-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-07-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-07-08📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-27➕POWELL, Robert James appointedsecretary
- 2025-06-27➕AMIRAHMADI, Afshin appointeddirector
- 2025-06-27➕HO, Simon Kin-Man appointeddirector
- 2025-06-27➖WARE, Andrew resignedsecretary
- 2025-06-27➖BURNLEY, Roger resigneddirector
- 2025-06-27➖LYNN, Christine Henning resigneddirector
- 2025-06-27➖WARE, Andrew resigneddirector
- 2025-06-23➖WALSH, Colin James resigneddirector
- 2025-06-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-23📄memorandum-articlesincorporation · MA
- 2025-06-23📄resolutionresolution · RESOLUTIONS
- 2024-12-19📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-28🔓Charge satisfied #2
- 2024-02-27🔓Charge satisfied #1
- 2024-02-14🔒Charge registered #3Lender: Northern Bank Limited (Trading as Danske Bank)
- 2023-10-02➕BURNLEY, Roger appointeddirector
- 2022-03-09➖MANNING, David Brown resigneddirector
- 2021-05-03➕MANNING, David Brown appointeddirector
- 2021-05-03➕WALSH, Colin James appointeddirector
- 2021-05-02➖LYNN, Denis resigneddirector
- 2020-10-01➕NETHERCOTT, Andrew appointeddirector
- 2020-02-13➕LYNN, Christine Henning appointeddirector
- 2020-02-11🔒Charge registered #2Lender: Ulster Bank Limited
- 2020-02-06➕WARE, Andrew appointeddirector
- 2018-03-26🔒Charge registered #1Lender: Ulster Bank Limited (As Security Trustee for Itself and the Secured Parties)
- 2017-03-09🏢Company incorporatedAs THE FINNEBROGUE BACON COMPANY LTD
- 2017-03-09➕WARE, Andrew appointedsecretary
- 2017-03-09➕LYNN, Denis appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: WARE, Andrew resigned 2025-06-27; BURNLEY, Roger resigned 2025-06-27; LYNN, Christine Henning resigned 2025-06-27
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Sofina Foods Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mehrdad Michael Latifi Individual · Canadian · DOB 10/1962 · age 64 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 27/06/2025 |
Sofina Foods Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 27/06/2025 |
3 historic (ceased) PSCs
- Ms Christine Henning Lynnceased 27/06/2025· significant influence
- Denis Lynnceased 02/05/2021· 75-100% shares · 75-100% voting
- Lynn's Country Foods Limitedceased 11/02/2020· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Food & drink · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AVONDALE FOODS (CRAIGAVON) LIMITED→ NI015099 · est 1981 | £28.26M £20.83M–£35.70M | — | — | 570 | 44y | 88 | 80y |
| MCKEOWN FINE FOODS LIMITED→ NI033660 · est 1998 | £16.23M £11.96M–£20.50M | £24.93M | — | 12300 | 28y | 90 | 53y |
| SCOTTS BAKERY LIMITED→ NI043594 · est 2002 | £14.57M £10.74M–£18.41M | £39.89M | — | 26100 | 23y | 87 | 61y |
| C & O MILLIGAN (N.I.) LIMITED→ NI034232 · est 1998 | £13.64M £10.05M–£17.23M | £13.50M | — | 1400 | 28y | 87 | 82y |
| CRUST & CRUMB BAKERY LTD→ NI608062 · est 2011 | £9.31M £6.86M–£11.76M | £93.16M | — | 25700 | 14y | 85 | 76y |
| JOHN WOODS (LISGLYN) LIMITED→ NI006498 · est 1965 | £8.05M £5.93M–£10.17M | £18.92M | — | 8900 | 60y | 91 | 85y |
| T.J. BOOTH & SONS LIMITED→ NI014628 · est 1980 | £8.02M £5.91M–£10.13M | £28.44M | — | 1900 | 45y | 87 | 80y |
| CHESTNUTT ANIMAL FEEDS LIMITED→ NI602522 · est 2010 | £4.22M £3.11M–£5.33M | — | — | 2800 | 16y | 87 | 67y |
| DOHERTY & GRAY LIMITED→ NI037742 · est 2000 | £1.85M £1.36M–£2.33M | £54.04M | — | 9200 | 26y | 100 | 63y |
| PUNJANA LIMITED→ NI003724 · est 1956 | £1.46M £1.08M–£1.85M | £13.41M | — | 4800 | 69y | 96 | 73y |
| PATTON'S BAKERY LIMITED→ NI607679 · est 2011 | — | — | — | 5000 | 14y | 89 | 52y |
| ELLIOTT'S TRADITION LIMITED→ NI055163 · est 2005 | — | — | — | 1800 | 21y | 87 | 84y |
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 →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
Registered office
Filing status
Officers (3 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Coöperative Rabobank U.A., Canada Branch, Trading as Rabobank Canada | A registered charge | 1 property | 05/12/2025 | — | |
| outstanding | Northern Bank (Trading as Danske Bank) Northern Bank Limited (Trading as Danske Bank) | A registered charge | 1 property | 14/02/2024 | — | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 6 properties | 11/02/2020 | 28/02/2024 | |
| satisfied | NatWest Group Ulster Bank Limited (As Security Trustee for Itself and the Secured Parties) | A registered charge | 7 properties | 26/03/2018 | 27/02/2024 |