A & B AGRI LIMITED

🚨Distressedactive
SC661799 · ltd · incorporated 2020-05-21
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to May 2024
Net worth
£-86.2k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Support activities for crop production
Sector: Agriculture, forestry & fishing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 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
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £86,213
Cash YoY
-35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 35% YoY
Net Worth
-£86k
↓ 218% YoY
Current Assets
£129k
↑ 468% YoY
Current Liabilities
-£86k-£43k-£13£43k£86k£129kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£357.9k£18.8k
Current assets£129.3k£22.8k
Cash£4.5k£6.9k
Debtors£124.8k£15.8k
Net assets£-86.2k£-27.1k

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-05-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-05-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-05-15
    ALLISON, Michael Robert John resigned
    director
  10. 2024-04-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2023-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-05-21
    🏢
    Company incorporated
    As A & B AGRI LIMITED
  14. 2020-05-21
    ALLISON, Alexander appointed
    secretary
  15. 2020-05-21
    BANNATYNE, William appointed
    director
  16. 2020-05-21
    ALLISON, Michael Robert John appointed
    director
  17. 2020-05-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr William Bannatyne
Individual · British · DOB 01/1998 · age 28
2550%
25–50%25-50% shares · 25-50% voting21/05/2020
1 historic (ceased) PSC
  • Mr Michael Robert John Allisonceased 15/05/2024· 25-50% shares · 25-50% voting

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

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
Incorporated2020-05-21
Jurisdictionscotland
Primary SIC01610 — Support activities for crop production

Registered office

13 Hope Street
Lanark
ML11 7NL
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-06-03
Last: 2025-05-20

Officers (2 active · 1 resigned)

ALLISON, Alexander
secretary · appointed 2020-05-21
View their other companies + combined net worth →
Active
BANNATYNE, William
director · ~28y · appointed 2020-05-21
View their other companies + combined net worth →
Active
ALLISON, Michael Robert John
director · ~32y · appointed 2020-05-21 · resigned 2024-05-15
Resigned

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

Recent filings (17 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-13
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-30
termination-director-company-with-name-termination-date
officers · TM01
2024-05-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-24
gazette-notice-compulsory
gazette · GAZ1
2024-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-19