FERTILE LLP
Opportunity 71/100 (strong), bankability 65/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -75% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
4 live charges · 2 lenders · oldest 5.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (74/100)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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £971.0k | £999.7k |
| Current assets | £89.8k | £98.1k |
| Cash | £496 | £2.0k |
| Debtors | £89.3k | £96.1k |
| Net assets | £708.6k | £713.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (25 events)Click to expand
- 2026-02-23📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-09-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-27📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-08📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-24📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-09📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-08-19📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-08-19📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-08-19📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-08-18🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2020-08-18🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2020-08-13📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-08-06🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2020-07-31🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2020-02-24🏢Company incorporatedAs FERTILE LLP
- 2020-02-24➕MELANTIC LTD appointedcorporate-llp-designated-member
- 2020-02-24➕RPM NORTH SEA LIMITED appointedcorporate-llp-designated-member
- 2020-02-24➕STEPHEN WEST LIMITED appointedcorporate-llp-designated-member
- 2020-02-24📄change-account-reference-date-limited-liability-partnership-current-shortenedaccounts · LLAA01
- 2020-02-24📄incorporation-limited-liability-partnershipincorporation · LLIN01
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
Red flags
cleanGroup structure
3 corporate shareholders identified. Group structure is distributed.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Rpm North Sea Limited Corporate entity | — | 25–50% | 25-50% voting | 24/02/2020 |
Stephen West Limited Corporate entity | — | 25–50% | 25-50% voting | 24/02/2020 |
Melantic Ltd Corporate entity | — | 25–50% | 25-50% voting | 24/02/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| DAZ ELECTRICAL SERVICES LIMITED→ SC489517 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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| DEET LIMITED→ SC411126 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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| DOIR ECOLOGICAL SURVEYANCE LIMITED→ SC654637 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| DON TAR LTD→ SC702664 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DORIC LOGISTICS LTD.→ SC413964 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| DOWNHOLE ENGINEERING SERVICES LIMITED→ SC394269 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| DR KELLY WARD LIMITED→ SC730648 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
7 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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 6 properties | 18/08/2020 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 18/08/2020 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 06/08/2020 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 31/07/2020 | — |