FERTILE LLP

💤Zombieactive
SO306900 · llp · incorporated 2020-02-24
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 Dec 2024
Net worth
£708.6k
book net assets
Opportunity
71/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

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

30/100
under pressure

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.

Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 0 with DOB)
70
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £708,596
Net assets shrinking
Down £4,570 YoY
Cash draining
Cash down 75% YoY
Cash YoY
-75%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£496
↓ 75% YoY
Net Worth
£709k
~ YoY
Current Assets
£90k
↓ 8.5% YoY
Current Liabilities
£0£143k£285k£428k£571k£713kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
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.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-02-23
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  2. 2025-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-02-27
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  4. 2024-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-08
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  6. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-13
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  8. 2022-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-24
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  10. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-04-09
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  12. 2020-08-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  13. 2020-08-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  14. 2020-08-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  15. 2020-08-18
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC
  16. 2020-08-18
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  17. 2020-08-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  18. 2020-08-06
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  19. 2020-07-31
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  20. 2020-02-24
    🏢
    Company incorporated
    As FERTILE LLP
  21. 2020-02-24
    MELANTIC LTD appointed
    corporate-llp-designated-member
  22. 2020-02-24
    RPM NORTH SEA LIMITED appointed
    corporate-llp-designated-member
  23. 2020-02-24
    STEPHEN WEST LIMITED appointed
    corporate-llp-designated-member
  24. 2020-02-24
    📄
    change-account-reference-date-limited-liability-partnership-current-shortened
    accounts · LLAA01
  25. 2020-02-24
    📄
    incorporation-limited-liability-partnership
    incorporation · LLIN01

Owner dependency

50/100
Moderate — manageable with handover

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

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.)

Group structure

3 corporate shareholders identified. Group structure is distributed.

🏛️
Rpm North Sea Limited
Corporate parent
🏛️
Stephen West Limited
Corporate parent
🏛️
Melantic Ltd
Corporate parent
FERTILE LLP
This company · SO306900

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Rpm North Sea Limited
Corporate entity
25–50%25-50% voting24/02/2020
Stephen West Limited
Corporate entity
25–50%25-50% voting24/02/2020
Melantic Ltd
Corporate entity
25–50%25-50% voting24/02/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2020-02-24
Jurisdictionscotland
Primary SIC

Registered office

141 Shore Street
Fraserburgh
Aberdeenshire
AB43 9BP
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23

Officers (3 active · 0 resigned)

MELANTIC LTD
corporate-llp-designated-member · appointed 2020-02-24
View their other companies + combined net worth →
Active
RPM NORTH SEA LIMITED
corporate-llp-designated-member · appointed 2020-02-24
View their other companies + combined net worth →
Active
STEPHEN WEST LIMITED
corporate-llp-designated-member · appointed 2020-02-24
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge6 properties18/08/2020
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge18/08/2020
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property06/08/2020
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge31/07/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-28
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-16
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-04-09
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2020-08-19
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2020-08-19
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2020-08-19
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2020-08-13