MARTIN JOLLY TRUCK HIRE LIMITED

🌳Matureactive
SC117282 · ltd · incorporated 1989-04-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 35.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 35.4y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 35.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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
9 officers (5 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees27004000

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

🔒Filing-note intelligence

2 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 confirmation-statement
Last 90 days
3
filings
  • • 2 officers
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 2 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-02-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-02-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-10
    ➕
    FORSYTH-JOLLY, Anne Elizabeth appointed
    director
  4. 2026-02-10
    ➕
    JOLLY, Meganne Elizabeth appointed
    director
  5. 2025-08-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-02-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-02-06
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  14. 2018-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-07-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-07-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-04-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-07-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2010-03-21
    ➖
    FORSYTH-JOLLY, Anne Elizabeth resigned
    secretary
  20. 2001-05-31
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  21. 2001-03-07
    ➕
    FORSYTH-JOLLY, Anne Elizabeth appointed
    secretary
  22. 2001-03-01
    ➕
    JOLLY, Anne Elizabeth Forsyth appointed
    secretary
  23. 2000-12-27
    ➖
    JOLLY, Thomas Andrew resigned
    secretary
  24. 2000-12-27
    ➖
    JOLLY, Thomas Andrew resigned
    director
  25. 1992-01-31
    ➖
    JOLLY, Janette Winfred resigned
    director
  26. 1990-11-30
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  27. 1990-03-01
    ➕
    JOLLY, Lee Martin appointed
    director
  28. 1990-03-01
    ➕
    JOLLY, Janette Winfred appointed
    director
  29. 1989-04-12
    🏢
    Company incorporated
    As MARTIN JOLLY TRUCK HIRE LIMITED

Owner dependency

88/100
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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "JOLLY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — JOLLY, Meganne Elizabeth (same surname) appointed 2026-02-10. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Martin Williamson Jolly
Individual · British · DOB 01/1951 · age 75
75–100%
75–100%75-100% shares · 75-100% voting30/06/2016

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

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
Incorporated1989-04-12
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

Calgow
Newton Stewart
Wigtownshire
DG8 7AN

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-04-26
Last: 2026-04-12

Officers (5 active · 4 resigned)

JOLLY, Anne Elizabeth Forsyth→
secretary · appointed 2001-03-01
View their other companies + combined net worth →
Active
FORSYTH-JOLLY, Anne Elizabeth→
director · ~66y · appointed 2026-02-10
View their other companies + combined net worth →
Active
JOLLY, Lee Martin→
director · ~55y · appointed 1990-03-01
View their other companies + combined net worth →
Active
JOLLY, Martin Williamson→
director · ~75y
View their other companies + combined net worth →
Active
JOLLY, Meganne Elizabeth→
director · ~32y · appointed 2026-02-10
View their other companies + combined net worth →
Active
FORSYTH-JOLLY, Anne Elizabeth→
secretary · appointed 2001-03-07 · resigned 2010-03-21
Resigned
JOLLY, Thomas Andrew→
secretary · resigned 2000-12-27
Resigned
JOLLY, Janette Winfred→
director · ~74y · appointed 1990-03-01 · resigned 1992-01-31
Resigned
JOLLY, Thomas Andrew→
director · ~55y · resigned 2000-12-27
Resigned

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
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—06/02/2019—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property31/05/2001—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property30/11/1990—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (102 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
appoint-person-director-company-with-name-date
officers · AP01
2026-02-23
appoint-person-director-company-with-name-date
officers · AP01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-17