FARMERY HAULAGE LTD

💤Zombieactive
SC763558 · ltd · incorporated 2023-03-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Average employees200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-07
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  2. 2025-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-03-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-03-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-03-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-12-16
    FARMERY, Kassie Jane resigned
    director
  7. 2024-09-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-09-09
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2023-07-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2023-07-20
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2023-05-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2023-05-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2023-05-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2023-05-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2023-05-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2023-03-24
    🏢
    Company incorporated
    As FARMERY HAULAGE LTD
  17. 2023-03-24
    FARMERY, David Jordan appointed
    director
  18. 2023-03-24
    FARMERY, Kassie Jane appointed
    director
  19. 2023-03-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "FARMERY" — strong identity link between founder and business.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Jordan Farmery
Individual · British · DOB 08/1985 · age 41
75100%
75–100%75-100% shares · 75-100% voting05/05/2023
3 historic (ceased) PSCs
  • Mrs Kassie Jane Farmeryceased 16/12/2024· 25-50% shares · 25-50% voting
  • Mr David Jordan Farmeryceased 05/05/2023· 75-100% shares · 75-100% voting
  • Kassie Jane Farmeryceased 24/03/2023· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2023-03-24
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

11 Main Street
Barrhill
Girvan
KA26 0PP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16

Officers (1 active · 1 resigned)

FARMERY, David Jordan
director · ~41y · appointed 2023-03-24
View their other companies + combined net worth →
Active
FARMERY, Kassie Jane
director · ~42y · appointed 2023-03-24 · resigned 2024-12-16
Resigned

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

Recent filings (18 total)

change-account-reference-date-company-previous-extended
accounts · AA01
2026-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-03
termination-director-company-with-name-termination-date
officers · TM01
2025-03-03
accounts-with-accounts-type-dormant
accounts · AA
2024-09-09
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
certificate-change-of-name-company
change-of-name · CERTNM
2023-07-20
resolution
resolution · RESOLUTIONS
2023-07-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-18