MURRAY FARMCARE LIMITED
Opportunity 72/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 18.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 18.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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.
Recent activity
- • 2 accounts
- • 2 other
- • 2 accounts
- • 2 other
- • 1 confirmation-statement
Corporate timeline (45 events)Click to expand
- 2026-03-22📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-03-22📄legacyaccounts · PARENT_ACC
- 2026-03-22📄legacyother · GUARANTEE2
- 2026-03-22📄legacyother · AGREEMENT2
- 2025-04-04📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-04-04📄legacyaccounts · PARENT_ACC
- 2025-04-04📄legacyother · GUARANTEE2
- 2025-04-04📄legacyother · AGREEMENT2
- 2025-03-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-03-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-12📄memorandum-articlesincorporation · MA
- 2025-03-12📄resolutionresolution · RESOLUTIONS
- 2025-02-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-03🔒Charge registered #4Lender: Kroll Trustee Services Limited
- 2025-02-03🔒Charge registered #3Lender: Kroll Trustee Services Limited
- 2025-01-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-08🔓Charge satisfied #1
- 2024-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-19🔓Charge satisfied #2
- 2024-07-09📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2024-07-09📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2024-07-09📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2024-07-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-27➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2024-06-25➕BAXTER, Chris Jasper appointeddirector
- 2024-06-25➕BAXTER, Ross James appointeddirector
- 2024-06-25➖CAIRNS, John Potts, Dr resignedsecretary
- 2024-06-25➖CAIRNS, Andrew Mcguinness resigneddirector
- 2024-06-25➖CAIRNS, Karen Jane resigneddirector
- 2024-06-25➖TURNBULL, Kevin James resigneddirector
- 2019-09-30➖DOCHERTY, David resigneddirector
- 2015-11-25🔒Charge registered #2Lender: Rbs Invoice Finance Limited
- 2015-07-08➖CAIRNS, John Potts, Dr resigneddirector
- 2015-07-08➕CAIRNS, Karen Jane appointeddirector
- 2008-11-03➕DOCHERTY, David appointeddirector
- 2008-01-15🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2007-03-14➕TURNBULL, Kevin James appointeddirector
- 2001-11-16🏢Company incorporatedAs MURRAY FARMCARE LIMITED
- 2001-11-16➕CAIRNS, John Potts, Dr appointedsecretary
- 2001-11-16➕CAIRNS, Andrew Mcguinness appointeddirector
- 2001-11-16➕CAIRNS, John Potts, Dr appointeddirector
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Kroll Trustee Services Limited 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 |
|---|---|---|---|---|
Kroll Trustee Services Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/01/2025 |
4 historic (ceased) PSCs
- Harbro Limitedceased 30/01/2025· 75-100% shares · 75-100% voting · board control
- Mr Andrew Mcguinness Cairnsceased 25/06/2024· 25-50% shares · 25-50% voting
- Dr John Potts Cairnsceased 25/06/2024· 25-50% shares · 25-50% voting
- Mr Kevin James Turnbullceased 25/06/2024· 25-50% shares · 25-50% voting
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.
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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 · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kroll Trustee Services Kroll Trustee Services Limited | A registered charge | 1 property | 03/02/2025 | — | |
| outstanding | Kroll Trustee Services Kroll Trustee Services Limited | A registered charge | 1 property | 03/02/2025 | — | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 25/11/2015 | 19/09/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 15/01/2008 | 08/01/2025 |