FIMM POTATOES LTD
- · Oldest live charge 14.6y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
4 live charges · 2 lenders · oldest 14.6y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.6 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 1100 | 1100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (29 events)Click to expand
- 2026-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2015-11-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2015-11-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2015-11-27🔒Charge registered #4Lender: Hsbc Bank PLC
- 2015-11-27🔓Charge satisfied #2
- 2015-11-27🔓Charge satisfied #1
- 2015-11-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2015-11-17🔒Charge registered #3Lender: Hsbc Bank PLC
- 2011-10-07🔒Charge registered #2Lender: Bank of Scotland PLC
- 2011-09-29🔒Charge registered #1Lender: Bank of Scotland PLC
- 2011-03-24➕MCDIARMID, Katrina Jane appointeddirector
- 2011-03-24➕MCDIARMID, Michael James appointeddirector
- 2011-03-24➖BLAIR, James Don resigneddirector
- 2011-03-24➖KERR, John Neilson resigneddirector
- 2010-10-08🏢Company incorporatedAs FIMM POTATOES LTD
- 2010-10-08➕AS COMPANY SERVICES LIMITED appointedcorporate-secretary
- 2010-10-08➕BLAIR, James Don appointeddirector
- 2010-10-08➕KERR, John Neilson appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael James Mcdiarmid Individual · British · DOB 05/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Katrina Jane Mcdiarmid Individual · British · DOB 10/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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
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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 · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 27/11/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 17/11/2015 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 07/10/2011 | 27/11/2015 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 29/09/2011 | 27/11/2015 |