A. B. POTATOES LTD
🌳Matureactive
NI616616 · ltd · incorporated 2013-02-05
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£998.2k
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: SIC 01130
Sector: Agriculture, forestry & fishing
Investor take
Special-situation opportunityActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 67/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -71% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 8.7y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (71/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £998,205
Cash draining
Cash down 71% YoY
Cash YoY
-71%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£16k
↓ 71% YoY
Net Worth
£998k
↑ 9.6% YoY
Current Assets
£564k
↓ 33% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £1.61M | £1.53M |
| Current assets | £563.9k | £837.1k |
| Cash | £15.8k | £54.0k |
| Debtors | £228.6k | £459.1k |
| Net assets | £998.2k | £910.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
3
filings
- • 2 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-03-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-24🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2025-11-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-17🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2025-09-01➕BURNS, James David appointeddirector
- 2025-09-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-04-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-08-07🔒Charge registered #1Lender: Hsbc Bank PLC
- 2017-04-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-02-05🏢Company incorporatedAs A. B. POTATOES LTD
- 2013-02-05➕BURNS, Marana appointedsecretary
- 2013-02-05➕BURNS, Adrian David appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-02-19
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Agriculture · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & E CATTLE LIMITED→ NI068840 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| A & E CROZIER LTD→ NI649429 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A.A. MCGUCKIAN LIMITED→ NI001045 · est 1936 · no financials extracted | — | — | — | — | 90y | — | — |
| ABCD FARMS LIMITED→ NI627277 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ABIREO ANIMAL NUTRITION LTD→ NI736370 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACTON ENVIRONMENTAL LTD→ NI675877 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAMS FARM LTD→ NI648434 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AFRICAN MISSIONS NORTHERN IRELAND LIMITED→ NI033371 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AGNEW PARTNERSHIP LTD→ NI646762 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGRI BUSINESS SOLUTIONS LTD→ NI624724 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AGRI LIMITED→ NI683634 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGRI PERFORMANCE PLUMBING LTD→ NI646465 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Typeltd
Incorporated2013-02-05
Jurisdictionnorthern-ireland
Primary SIC01130 — SIC 01130
Registered office
75 Benagh Road
Kilkeel
Co Down
BT34 4SJ
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-02-19OVERDUE
Last: 2025-02-05
Officers (3 active · 0 resigned)
Active
BURNS, Adrian David→
Activedirector · ~55y · appointed 2013-02-05
View their other companies + combined net worth →
BURNS, James David→
Activedirector · ~24y · appointed 2025-09-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 24/11/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 17/11/2025 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 07/08/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (30 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-20
appoint-person-director-company-with-name-date
officers · AP01
2025-09-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-21