J R MOTORS (ELGIN) LIMITED

🌳Matureactive
SC288973 · ltd · incorporated 2005-08-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 20.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£77.0k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45200SIC 45200
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 20.6y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 20.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
47 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 · accounting standard not declared
Positive net assets
Net assets £77,031
Net assets shrinking
Down £3,163 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£77k
↓ 3.9% YoY
Current Assets
£103k
↓ 14% YoY
Current Liabilities
—
£0£24k£48k£72k£96k£119kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£85.2k£88.3k
Current assets£102.6k£119.5k
Net assets£77.0k£80.2k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-06-28
    🔓
    Charge satisfied #1
  5. 2023-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-08-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-08-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-08-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-08-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-08-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-08-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2005-09-28
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  18. 2005-08-16
    🏢
    Company incorporated
    As J R MOTORS (ELGIN) LIMITED
  19. 2005-08-16
    ➕
    MULLAN, Pamela appointed
    secretary
  20. 2005-08-16
    ➕
    MULLAN, Pamela appointed
    director
  21. 2005-08-16
    ➕
    RAMSBOTTOM, John appointed
    director
  22. 2005-08-16
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  23. 2005-08-16
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Pamela Mullan
Individual · British · DOB 07/1970 · age 56
25–50%
—25-50% shares16/08/2016
Mr Jonathan Ramsbottom
Individual · British · DOB 09/1961 · age 65
25–50%
—25-50% shares16/08/2016

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

Similar companies

Active · Automotive · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HIGHLAND MOTOR PARTS LIMITED→
SC228871 · est 2002
£9.39M
£7.51M–£11.26M
——7524y8864y
DONALD MACKENZIE LIMITED→
SC058445 · est 1975
£1.06M
£847.9k–£1.27M
——520050y8768y
CULLODEN CAR SALES LTD.→
SC222206 · est 2001
——£2.10M—24y8358y
SEVILLE 2011 LIMITED→
SC389852 · est 2010
——£83.0k—15y8358y
SGM CARS LTD→
SC384911 · est 2010 · no financials extracted
————15y8359y
AUTOCARE (INVERNESS) LIMITED→
SC203216 · est 2000
——£178.1k—26y8265y
DANZAN LIMITED→
SC248100 · est 2003
———223y8272y
DINGWALL PANEL BEATERS LIMITED→
SC214001 · est 2000
——£108.0k—25y8262y
DUNLOPS MOTOR FACTORS (HIGHLAND) LTD.→
SC216519 · est 2001
——£86.9k—25y8272y
EWEN MACRAE(WEST END GARAGE)LIMITED→
SC060381 · est 1976
——£1.84M—49y8280y
FLEET MANAGEMENT SERVICES (UK) LIMITED→
SC211499 · est 2000
———90025y8269y
GODSMAN TYRES & EXHAUSTS LIMITED→
SC252460 · est 2003
——£122.5k—22y8264y
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
Incorporated2005-08-16
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

Unit 1/2, The Wards
Elgin
Moray
IV30 6AA

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-30
Last: 2025-08-16

Officers (3 active · 1 resigned)

MULLAN, Pamela→
secretary · appointed 2005-08-16
View their other companies + combined net worth →
Active
MULLAN, Pamela→
director · ~56y · appointed 2005-08-16
View their other companies + combined net worth →
Active
RAMSBOTTOM, John→
director · ~65y · appointed 2005-08-16
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2005-08-16 · resigned 2005-08-16
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property28/09/200528/06/2024

Recent filings (47 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-22