FARMER JONES ACADEMY C.I.C.
Opportunity 79/100 (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 (73/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 1.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.9 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (41 events)Click to expand
- 2026-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-06-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-05-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-23🔒Charge registered #2Lender: Social Growth Fund 2 LLP
- 2025-04-22🔒Charge registered #4Lender: Social Growth Fund 2 LLP
- 2025-04-22🔒Charge registered #3Lender: The Highland Council
- 2025-04-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-15🔓Charge satisfied #1
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-01➕RICHARDSON, David appointeddirector
- 2024-09-12➕SHEARER, Antonia appointeddirector
- 2024-09-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-23➖MCKENZIE, Evelyn Agnes resigneddirector
- 2024-06-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-30🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2024-01-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-10➕MCKENZIE, Evelyn Agnes appointeddirector
- 2023-05-10➖ROBERTSON, David John resigneddirector
- 2023-04-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-01➕MCDOUGALL, David Lachlan appointeddirector
- 2023-03-06➖FULLERTON-SMITH, Hugh Peter resigneddirector
- 2023-03-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-10➖GIBSON, Michael John resigneddirector
- 2021-10-29➕FULLERTON-SMITH, Hugh Peter appointeddirector
- 2021-04-12➖MURRAY, John resigneddirector
- 2021-01-11➕ROBERTSON, David John appointeddirector
- 2019-05-15➕MURRAY, John appointeddirector
- 2017-02-28➕GIBSON, Michael John appointeddirector
- 2017-02-20➕MACKENZIE, Sarah-Jane Lucinda appointeddirector
- 2017-02-15🏢Company incorporatedAs FARMER JONES ACADEMY C.I.C.
- 2017-02-15➕JONES, Richard appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "JONES" — strong identity link between founder and business.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Sarah Mackenzie Individual · British · DOB 08/1986 · age 40 | — | — | sig. influencesignificant influence | 27/05/2021 |
1 historic (ceased) PSC
- Mr Richard Jonesceased 27/05/2021· 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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.
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See pricing →Company details
Registered office
Filing status
Officers (5 active · 5 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Social Growth Fund 2 Social Growth Fund 2 LLP | A registered charge | — | 23/04/2025 | — | |
| outstanding | Social Growth Fund 2 Social Growth Fund 2 LLP | A registered charge | — | 22/04/2025 | — | |
| outstanding | The Highland Council | A registered charge | — | 22/04/2025 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 30/05/2024 | 15/04/2025 |