JEANFIELD JOINERY LIMITED

💤Zombieactive
SC325538 · ltd · incorporated 2007-06-15
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 2019
Net worth
£10
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 45/100. Strong seller-intent signal (78/100, director aged 75). 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: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

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 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £10
Net assets shrinking
Down £26,653 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£10
↓ 100% YoY
Current Assets
£10
↓ 100% YoY
Current Liabilities
£0£13k£26k£39k£53k£66kSept 2018Sept 2019

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2019-09-302018-09-30
Total assets£10£26.7k
Current assets£10£65.7k
Cash£63.7k
Debtors£10£2.0k
Net assets£10£26.7k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2020-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2019-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2019-01-21
    📄
    legacy
    restoration · AC93
  4. 2018-10-30
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  5. 2018-10-30
    🏁
    Company dissolved
  6. 2018-08-14
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  7. 2018-08-02
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  8. 2018-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2016-06-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-09-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-06-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-08-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-08-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-06-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-04-22
    📄
    termination-director-company-with-name
    officers · TM01
  18. 2013-03-20
    SHANNON, Michael resigned
    director
  19. 2012-07-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2012-06-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2011-07-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2011-07-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2010-07-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2007-06-15
    🏢
    Company incorporated
    As JEANFIELD JOINERY LIMITED
  25. 2007-06-15
    BIRSE, Jan appointed
    secretary
  26. 2007-06-15
    THOMAS, Richard appointed
    director
  27. 2007-06-15
    SHANNON, Michael appointed
    director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

93/100
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 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
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: 2021-06-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2020-09-06

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard Thomas
Individual · Scottish · DOB 11/1951 · age 75
75100%
75-100% shares26/07/2016

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

11 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
Incorporated2007-06-15
Jurisdictionscotland
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

11 Feus Road
Perth
PH1 2AS

Filing status

Accounts
Next due: 2021-06-28OVERDUE
Last made up to: 2019-09-30
Confirmation statement
Next due: 2020-09-06OVERDUE
Last: 2019-07-26

Officers (2 active · 1 resigned)

BIRSE, Jan
secretary · appointed 2007-06-15
View their other companies + combined net worth →
Active
THOMAS, Richard
director · ~75y · appointed 2007-06-15
View their other companies + combined net worth →
Active
SHANNON, Michael
director · ~61y · appointed 2007-06-15 · resigned 2013-03-20
Resigned

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

Recent filings (34 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-24
legacy
restoration · AC93
2019-01-21
gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-10-30
gazette-notice-voluntary
gazette · GAZ1(A)
2018-08-14
dissolution-application-strike-off-company
dissolution · DS01
2018-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-08-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2016-08-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-29