SCOTJET LIMITED

🌳Matureactive
SC190195 · ltd · incorporated 1998-10-12
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 24.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£1.35M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46620SIC 46620
  • 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

2 live charges · oldest 24.5y

65/100
clean up first

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

  • · Oldest live charge is 24.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
78 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,348,600
Cash YoY
-5%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£319k
↓ 5.0% YoY
Net Worth
£1.3m
↑ 7.7% YoY
Current Assets
£1.0m
↑ 26% YoY
Current Liabilities
—
£0£270k£539k£809k£1.1m£1.3mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£1.48M£1.35M
Current assets£1.03M£817.5k
Cash£318.8k£335.6k
Debtors£591.9k£364.3k
Net assets£1.35M£1.25M

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-01-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-01-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2021-11-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-09
    ➖
    GORDON, Carol Lyn resigned
    secretary
  11. 2020-10-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-10-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2020-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-08-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-06-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-10-24
    🔓
    Charge satisfied #2
  18. 2012-09-01
    ➕
    GORDON, David appointed
    director
  19. 2012-09-01
    ➕
    TAYLOR, Leeanne appointed
    director
  20. 2001-12-24
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  21. 2001-11-16
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  22. 1999-12-01
    ➕
    GORDON, Thomas Gray appointed
    director
  23. 1999-11-30
    ➖
    GORDON, Lee Anne resigned
    director
  24. 1998-10-29
    ➕
    GORDON, Carol Lyn appointed
    secretary
  25. 1998-10-29
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 1998-10-29
    ➕
    GORDON, Lee Anne appointed
    director
  27. 1998-10-29
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  28. 1998-10-12
    🏢
    Company incorporated
    As SCOTJET LIMITED
  29. 1998-10-12
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  30. 1998-10-12
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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.)

Group structure

Scotjet Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Scotjet Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
SCOTJET LIMITED
This company · SC190195

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%
NameSharesVoting rightsNature of controlNotified
Scotjet Group Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control23/12/2025
2 historic (ceased) PSCs
  • Mr Thomas Gray Gordonceased 23/12/2025· 25-50% shares · 25-50% voting · board control
  • Mrs Carol Lyn Gordonceased 09/03/2021· 25-50% shares · 25-50% voting · board control

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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SPRINGBANK DISTILLERS LIMITED→
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——2461y8390y
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——£1.73M—34y8263y
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———20038y8259y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1998-10-12
Jurisdictionscotland
Primary SIC46140 — SIC 46140

Registered office

45 South Avenue
Paisley
Renfrewshire
PA2 7SG

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03

Officers (3 active · 4 resigned)

GORDON, David→
director · ~45y · appointed 2012-09-01
View their other companies + combined net worth →
Active
GORDON, Thomas Gray→
director · ~70y · appointed 1999-12-01
View their other companies + combined net worth →
Active
TAYLOR, Leeanne→
director · ~50y · appointed 2012-09-01
View their other companies + combined net worth →
Active
GORDON, Carol Lyn→
secretary · appointed 1998-10-29 · resigned 2021-03-09
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1998-10-12 · resigned 1998-10-29
Resigned
GORDON, Lee Anne→
director · ~50y · appointed 1998-10-29 · resigned 1999-11-30
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1998-10-12 · resigned 1998-10-29
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property24/12/200124/10/2015
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property16/11/2001—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (78 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-01-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-03
termination-secretary-company-with-name-termination-date
officers · TM02
2021-11-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-14