TILLERY VALLEY FOODS LIMITED
Opportunity 49/100 (watch), bankability 42/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
Refinance opportunity
22 live charges · 4 lenders · oldest 39.0y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 39.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 65/100 (specialist).
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (134 events)Click to expand
- 2024-11-28⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2024-11-28🏁Company dissolved
- 2024-11-08⚠️liquidation-in-administration-change-date-of-dissolutioninsolvency · AM24
- 2024-05-28⚠️liquidation-in-administration-move-to-dissolutioninsolvency · AM23
- 2024-05-24⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2023-12-07⚠️liquidation-in-administration-progress-reportinsolvency · AM10
- 2023-08-05⚠️liquidation-administration-notice-deemed-approval-of-proposalsinsolvency · AM06
- 2023-07-03⚠️liquidation-in-administration-proposalsinsolvency · AM03
- 2023-06-28⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · AM02
- 2023-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-24⚠️liquidation-in-administration-appointment-of-administratorinsolvency · AM01
- 2023-03-02📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-01-26📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-12-13📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2022-08-09📄accounts-with-accounts-type-fullaccounts · AA
- 2022-04-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-01-19📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2021-08-17📄second-filing-notification-of-a-person-with-significant-controlpersons-with-significant-control · RP04PSC02
- 2021-08-17📄second-filing-cessation-of-a-person-with-significant-controlpersons-with-significant-control · RP04PSC07
- 2021-08-17📄second-filing-of-director-termination-with-nameofficers · RP04TM01
- 2021-08-17📄second-filing-of-director-termination-with-nameofficers · RP04TM01
- 2021-08-17📄second-filing-of-director-termination-with-nameofficers · RP04TM01
- 2021-08-17📄second-filing-of-director-termination-with-nameofficers · RP04TM01
- 2021-08-17📄second-filing-of-secretary-termination-with-nameofficers · RP04TM02
- 2021-08-04🔒Charge registered #21Lender: Arbuthnot Commercial Asset Based Lending Limited
- 2021-07-31➕BOLTON, Stephen appointeddirector
- 2021-07-31➕MORGAN, Andrew John Llewellyn appointeddirector
- 2021-07-31➖JOHN, Gareth Luke Sefton resignedsecretary
- 2021-07-31➖CARTER, Stuart Anthony resigneddirector
- 2021-07-31➖HALEY, Sean Michael resigneddirector
- 2021-07-31➖RENTON, Jean Mary resigneddirector
- 2021-07-31➖SODEXO CORPORATE SERVICES (NO.1) LIMITED resignedcorporate-director
- 2021-07-31🔒Charge registered #22Lender: Gqs Finance LTD as Security Trustee for the Security Beneficiaries
- 2021-02-09🔓Charge satisfied #20
- 2019-11-01➖ARNAUDO, Laurent resigneddirector
- 2019-11-01➕RENTON, Jean Mary appointeddirector
- 2018-08-31➖TAYLOR, James Wiliam resigneddirector
- 2017-07-03➕HALEY, Sean Michael appointeddirector
- 2016-07-04➕TAYLOR, James Wiliam appointeddirector
- 2016-04-15➕ARNAUDO, Laurent appointeddirector
- 2016-04-15➖MAWDSLEY, Lynn Christine resigneddirector
- 2016-02-06➖SCRIVENS, William Simon resigneddirector
- 2014-01-08➕MAWDSLEY, Lynn Christine appointeddirector
- 2013-03-28➖ANDREW, Philip Richard resigneddirector
- 2013-03-28➕CARTER, Stuart Anthony appointeddirector
- 2012-01-01➕ANDREW, Philip Richard appointeddirector
- 2012-01-01➖ANDREW, Philip Richard resigneddirector
- 2011-12-31➖CONNOLLY, Aidan Joseph resigneddirector
- 2011-06-13➕ANDREW, Philip Richard appointeddirector
- 2011-06-13➖OSBORNE, Rachel Claire Elizabeth resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-11-28
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-11-28: gazette-dissolved-liquidation; 2024-11-08: liquidation-in-administration-change-date-of-dissolution
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Joubere Food Group Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Joubere Food Group Ltd. Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/07/2021 |
1 historic (ceased) PSC
- Sodexo Holdings Limitedceased 31/07/2021· 75-100% shares
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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9 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 (0 active · 35 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Arbuthnot Commercial Asset Based Lending Arbuthnot Commercial Asset Based Lending Limited | A registered charge | 2 properties | 04/08/2021 | — | |
| outstanding | Gqs Finance as Security Trustee for the Security Beneficiaries Gqs Finance LTD as Security Trustee for the Security Beneficiaries | A registered charge | 1 property | 31/07/2021 | — | |
| satisfied | The Welsh Development Agency | Legal charge | 1 property | 11/11/2002 | 09/02/2021 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 25/08/1993 | 17/09/1996 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 17/08/1993 | 09/09/2008 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 10/12/1992 | 09/09/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/09/1992 | 17/09/1996 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 02/09/1992 | 09/09/2008 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 02/09/1992 | 09/09/2008 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 08/07/1992 | 17/09/1996 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 08/07/1992 | 17/09/1996 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 05/05/1992 | 17/09/1996 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 13/04/1992 | 17/09/1996 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 10/09/1991 | 03/06/1992 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 05/08/1991 | 03/06/1992 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 25/06/1991 | 03/06/1992 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 13/05/1991 | 03/06/1992 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 13/05/1991 | 03/06/1992 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 14/11/1990 | 03/06/1992 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 16/08/1990 | 03/06/1992 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 11/05/1990 | 03/06/1992 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 06/05/1987 | 09/09/2008 |