JSF WIND ENERGY LIMITED

💤Zombieactive

SC458564 · ltd · incorporated 2013-09-06

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 Feb 2025

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 35110

Sector: Electricity, gas & energy

Investor take

Pursue

Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 8.8y

15/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 8.8 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

34 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-02-28	2024-02-28
Average employees	0	0

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-11-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-21
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-02-17
🔒
Charge registered #5
Lender: Hsbc UK Bank PLC
2020-02-11
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-02-11
🔓
Charge satisfied #1
2019-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-25
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-04-19
🔒
Charge registered #4
Lender: Hsbc UK Bank PLC
2019-04-01
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-03-19
🔒
Charge registered #3
Lender: Bank Julius Baer & Co. LTD, Guernsey Branch
2018-11-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2017-12-06
🔒
Charge registered #2
Lender: Hsbc Bank PLC
2017-11-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-13
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2017-07-10
🔒
Charge registered #1
Lender: Barclays Bank PLC
2016-11-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-09-06
🏢
Company incorporated
As JSF WIND ENERGY LIMITED
2013-09-06
➕
FORBES, Mary Mackay appointed
director

Owner dependency

95/100

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 age: Director aged approximately 77 — succession pressure is live.
+No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

88/100

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 77 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 13 years.
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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Mary Mackay Forbes Individual · British · DOB 04/1949 · age 77	—	—	sig. influencesignificant influence	06/04/2016
Mr John Inglis Forbes Individual · British · DOB 08/1947 · age 79	—	—	sig. influencesignificant influence	06/04/2016

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

9 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

Incorporated2013-09-06

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

Slains Park Farm

Kinneff

Montrose

Angus

DD10 0SY

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2026-09-20

Last: 2025-09-06

Officers (1 active · 0 resigned)

FORBES, Mary Mackay→

director · ~77y · appointed 2013-09-06

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
outstanding	HSBC Hsbc UK Bank PLC	A registered charge	2 properties	17/02/2020	—
outstanding	HSBC Hsbc UK Bank PLC	A registered charge	1 property	19/04/2019	—
outstanding	Bank Julius Baer & Co. , Guernsey Branch Bank Julius Baer & Co. LTD, Guernsey Branch	A registered charge	—	19/03/2019	—
outstanding	HSBC Hsbc Bank PLC	A registered charge	1 property	06/12/2017	—
satisfied	Barclays Barclays Bank PLC	A registered charge	—	10/07/2017	11/02/2020

Click column headers to sort. Use filters above to narrow by status and lender.