42 FARMING LLP
💤Zombieactive
OC422241 · llp · incorporated 2018-04-27
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 Jul 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · oldest 6.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
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
8 officers (6 active, 8 linked, 8 with DOB)
90
Ownership & PSC
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
£15k
Net Worth
—
Current Assets
£64k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £1.07M | — |
| Current assets | £64.1k | — |
| Cash | £14.8k | — |
| Debtors | £13.5k | — |
| Average employees | — | 600 |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-05-07📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2026-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-05📄notification-of-a-person-with-significant-control-statement-limited-liability-partnershippersons-with-significant-control · LLPSC08
- 2025-05-19📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-05-19📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2025-05-19📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2024-05-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-04-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-04📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-27📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-06📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2021-05-15📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2021-05-15📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2021-05-11📄withdrawal-of-a-person-with-significant-control-statement-limited-liability-partnershippersons-with-significant-control · LLPSC09
- 2021-05-07📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-03📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2021-03-03📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2021-03-03📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2021-03-03📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2021-03-02➕CHARNOCK, Lucy Heather Clare, Mrs. appointedllp-designated-member
- 2021-03-02➕CHARNOCK, Robin Duncan, Mr. appointedllp-designated-member
- 2021-03-02➕GRAY, Matthew Kersley, Mr. appointedllp-designated-member
- 2021-03-02➕GRAY, Victoria Annis Rose appointedllp-designated-member
- 2020-10-14✏️change-of-name-notice-limited-liability-partnershipchange-of-name · LLNM01
- 2020-10-14✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2020-06-24➕GOWLETT, Rosalind Claire appointedllp-designated-member
- 2020-06-24➖GRISSELL, Diana Cecilia resignedllp-designated-member
- 2020-06-24➖TURNELL, Margaret Louise resignedllp-designated-member
- 2020-06-24🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2020-06-04🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2018-04-27🏢Company incorporatedAs 42 FARMING LLP
- 2018-04-27➕GOWLETT, William Gordon James appointedllp-designated-member
- 2018-04-27➕GRISSELL, Diana Cecilia appointedllp-designated-member
- 2018-04-27➕TURNELL, Margaret Louise 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
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · same sector · PE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| £1 PLUS SHOP LTD→ 15880638 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1- 2 CALL WORK SAFE LTD→ 07382398 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 1/12 PHILSON MANAGEMENT COMPANY LIMITED→ 02998916 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| 100% CLUB GROUP LTD→ 14686157 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 1004 ENCLAVE LIMITED→ 15562541 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 101 PAWS LTD→ 13007588 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1012FR LTD→ 15673212 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 105 GROUP LIMITED→ 11014606 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 10573468 LTD→ 10573468 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 127 LONDON ROAD (CHATTERIS) LIMITED→ 04472725 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 13-12 LTD→ 05627391 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 1320 LTD→ 06881880 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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
Typellp
Incorporated2018-04-27
Jurisdictionengland-wales
Primary SIC—
Registered office
Farm Office, Manor Farm Bull Lane
Broughton
Huntingdon
PE28 3AP
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-05-10
Last: 2026-04-26
Officers (6 active · 2 resigned)
CHARNOCK, Lucy Heather Clare, Mrs.→
Activellp-designated-member · ~50y · appointed 2021-03-02
View their other companies + combined net worth →
CHARNOCK, Robin Duncan, Mr.→
Activellp-designated-member · ~61y · appointed 2021-03-02
View their other companies + combined net worth →
GOWLETT, Rosalind Claire→
Activellp-designated-member · ~74y · appointed 2020-06-24
View their other companies + combined net worth →
GOWLETT, William Gordon James→
Activellp-designated-member · ~75y · appointed 2018-04-27
View their other companies + combined net worth →
GRAY, Matthew Kersley, Mr.→
Activellp-designated-member · ~52y · appointed 2021-03-02
View their other companies + combined net worth →
GRAY, Victoria Annis Rose→
Activellp-designated-member · ~48y · appointed 2021-03-02
View their other companies + combined net worth →
GRISSELL, Diana Cecilia→
Resignedllp-designated-member · ~73y · appointed 2018-04-27 · resigned 2020-06-24
TURNELL, Margaret Louise→
Resignedllp-designated-member · ~71y · appointed 2018-04-27 · resigned 2020-06-24
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 24/06/2020 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 04/06/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (38 total)
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-08
notification-of-a-person-with-significant-control-statement-limited-liability-partnership
persons-with-significant-control · LLPSC08
2025-06-05
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-05-19
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2025-05-19
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2025-05-19
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-12
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-26
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2022-01-06
notification-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC01
2021-05-15