LESLIE FARM SERVICES LTD

💤Zombieactive
SC616306 · ltd · incorporated 2018-12-14
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: established → zombie
  • · Investment thesis: unclassified → zombie_hold
  • · Deal-killer verdict: clean → complicated
  • · Hygiene score: 90 → 85
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "zombie"
What changed my view
Last 30 days

Picture worsened over the last 30 days — 4 negative signals vs 0 positive.

  • ↓Lifecycle stage: established → zombie
  • ·Investment thesis: unclassified → zombie_hold
  • ↓Deal-killer verdict: clean → complicated
  • ↓Hygiene score: 90 → 85
  • ↓PSC count: 2 → 0
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£213.3k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -65% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (51/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
No charge records returned
50
Directors & officers
No officers data
0
Ownership & PSC
No PSC data returned
40
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
70
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £213,305
Cash draining
Cash down 65% YoY
Cash YoY
-65%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9k
↓ 65% YoY
Net Worth
£213k
↑ 8.3% YoY
Current Assets
£123k
↓ 17% YoY
Current Liabilities
—
£0£43k£85k£128k£171k£213kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£364.0k£401.3k
Current assets£123.2k£148.2k
Cash£8.7k£24.8k
Debtors£114.3k£123.2k
Net assets£213.3k£197.0k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2018-12-14
    🏢
    Company incorporated
    As LESLIE FARM SERVICES LTD
  9. 2018-12-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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£2.98M–£4.77M
——036y8363y
ALDERSTON DAIRIES LIMITED→
SC241138 · est 2002
——£114.4k—23y8374y
CAITHNESS POTATO BREEDERS LIMITED→
SC082730 · est 1983
——£1.36M—43y8368y
CARCANT ESTATES LIMITED→
SC030457 · est 1954
——£269.0k—71y8369y
DENHOLM POTATO GROWERS LIMITED→
SC089295 · est 1984
——£453.8k—41y8361y
DODS OF HADDINGTON LIMITED→
SC056452 · est 1974
——£2.26M—51y8372y
EAST COAST ORGANICS LTD→
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——£1.21M—20y8363y
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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.

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Company details

Statusactive
Typeltd
Incorporated2018-12-14
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

4 The Courtyard
Haddington
EH41 4LS
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-14
appoint-person-director-company-with-name-date
officers · AP01
2019-02-11
incorporation-company
incorporation · NEWINC
2018-12-14