BANKS AND SMITH FARMS LLP
💤Zombieactive
OC346348 · llp · incorporated 2009-06-12
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
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 50/100. 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.
🏦
Refinance opportunity
1 live charge · oldest 17.1y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 17.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (47/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.
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 (32 events)Click to expand
- 2023-07-27📄restoration-order-of-courtrestoration · AC92
- 2016-09-27📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2016-09-27🏁Company dissolved
- 2016-07-12📄gazette-notice-voluntarygazette · GAZ1(A)
- 2016-06-29📄dissolution-application-strike-off-limited-liability-partnershipdissolution · LLDS01
- 2015-12-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-17📄change-account-reference-date-limited-liability-partnership-previous-shortenedaccounts · LLAA01
- 2015-06-16📄annual-return-limited-liability-partnership-with-made-up-dateannual-return · LLAR01
- 2015-02-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-06-12📄annual-return-limited-liability-partnership-with-made-up-dateannual-return · LLAR01
- 2014-02-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-06-12📄annual-return-limited-liability-partnership-with-made-up-dateannual-return · LLAR01
- 2013-06-12📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2013-01-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-07-16📄annual-return-limited-liability-partnership-with-made-up-dateannual-return · LLAR01
- 2012-07-16📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2012-07-16📍change-registered-office-address-limited-liability-partnership-with-date-old-addressaddress · LLAD01
- 2012-01-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-06-17📄annual-return-limited-liability-partnership-with-made-up-dateannual-return · LLAR01
- 2011-06-17📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2011-06-16📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2011-06-16📄appoint-person-member-limited-liability-partnershipofficers · LLAP01
- 2011-06-15📄termination-member-limited-liability-partnership-with-nameofficers · LLTM01
- 2011-04-30➕BANKS, Nicola Jane appointedllp-designated-member
- 2011-04-30➖SMITH, Peter Robert Gerard resignedllp-designated-member
- 2011-02-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-07-12📄annual-return-limited-liability-partnership-with-made-up-dateannual-return · LLAR01
- 2010-07-12📍change-sail-address-limited-liability-partnershipaddress · LLAD02
- 2009-06-30🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2009-06-12🏢Company incorporatedAs BANKS AND SMITH FARMS LLP
- 2009-06-12➕BANKS, Alexander Robert Lund appointedllp-designated-member
- 2009-06-12➕SMITH, Peter Robert Gerard appointedllp-designated-member
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2017-03-16
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2017-06-26
Similar companies
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|---|---|---|---|---|---|---|---|
| 3 SECOND RULE LTD→ 16336001 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3X INVESTMENTS LIMITED→ 10631276 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 4 ACTS LIFE COACHING LTD→ 15390025 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 43 ROYAL YORK CRESCENT MANAGEMENT COMPANY LIMITED→ 03057093 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 6IXSIDE DIGITAL LTD→ 16942652 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 786 IT AUTOS LTD→ 15411873 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A1 FLAT PACK ASSEMBLY SERVICE LTD→ 15000793 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A2M MANAGEMENT LIMITED→ 08909904 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ABACUS GUARDIAN LIMITED→ 07645505 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ABBEY ENGINEERING & FABRICATION SOLUTIONS LIMITED→ 12116449 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABDS (ANGLIA) LTD→ 11897209 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ABLAZE MEDIA LIMITED→ 04434950 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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
Typellp
Incorporated2009-06-12
Jurisdictionengland-wales
Primary SIC—
Registered office
Bentons
Wattisham Road
Bildeston
Suffolk
IP7 7JR
Filing status
Accounts
Next due: 2017-03-16OVERDUE
Last made up to: 2015-06-16
Confirmation statement
Next due: 2017-06-26OVERDUE
Last: —
Officers (2 active · 1 resigned)
BANKS, Alexander Robert Lund→
Activellp-designated-member · ~57y · appointed 2009-06-12
View their other companies + combined net worth →
BANKS, Nicola Jane→
Activellp-designated-member · ~56y · appointed 2011-04-30
View their other companies + combined net worth →
SMITH, Peter Robert Gerard→
Resignedllp-designated-member · ~60y · appointed 2009-06-12 · resigned 2011-04-30
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 30/06/2009 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
restoration-order-of-court
restoration · AC92
2023-07-27
gazette-dissolved-voluntary
gazette · GAZ2(A)
2016-09-27
gazette-notice-voluntary
gazette · GAZ1(A)
2016-07-12
dissolution-application-strike-off-limited-liability-partnership
dissolution · LLDS01
2016-06-29
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-02
change-account-reference-date-limited-liability-partnership-previous-shortened
accounts · LLAA01
2015-07-17
annual-return-limited-liability-partnership-with-made-up-date
annual-return · LLAR01
2015-06-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-11
annual-return-limited-liability-partnership-with-made-up-date
annual-return · LLAR01
2014-06-12
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-02-03
annual-return-limited-liability-partnership-with-made-up-date
annual-return · LLAR01
2013-06-12
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2013-06-12
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-01-14
annual-return-limited-liability-partnership-with-made-up-date
annual-return · LLAR01
2012-07-16
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2012-07-16