A J DEVELOPMENTS (SCOTLAND) LIMITED

💤Zombieactive
SC689187 · ltd · incorporated 2021-02-15
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 Feb 2025
Net worth
£-12.1k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £12,084

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£12k
↓ 17% YoY
Current Assets
£122k
~ YoY
Current Liabilities
-£12k£15k£41k£68k£95k£122kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£-12.1k£-10.3k
Current assets£121.6k£121.5k
Net assets£-12.1k£-10.3k

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
3
filings
  • 1 confirmation-statement
  • 1 officers
  • 1 persons-with-significant-control
Last 180 days
4
filings
  • 1 confirmation-statement
  • 1 officers
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-02-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-08-07
    REID, Alexander John Stirling resigned
    director
  5. 2024-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-02-14
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  8. 2023-02-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-02-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-03-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2021-03-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-02-27
    JAMIESON, James Stewart (Jnr) appointed
    director
  15. 2021-02-23
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  16. 2021-02-23
    📍
    change-sail-address-company-with-new-address
    address · AD02
  17. 2021-02-15
    🏢
    Company incorporated
    As A J DEVELOPMENTS (SCOTLAND) LIMITED
  18. 2021-02-15
    REID, Alexander John Stirling appointed
    director
  19. 2021-02-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
NameSharesVoting rightsNature of controlNotified
Mr James Stewart (Jnr) Jamieson
Individual · British · DOB 07/1980 · age 46
2550%
25–50%board control25-50% shares · 25-50% voting · board control27/02/2021
1 historic (ceased) PSC
  • Mr Alexander John Stirling Reidceased 07/08/2024· 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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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
Incorporated2021-02-15
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Mains Of Newton
Farm
Laurencekirk
Aberdeenshire
AB30 1UP
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (1 active · 1 resigned)

JAMIESON, James Stewart (Jnr)
director · ~46y · appointed 2021-02-27
View their other companies + combined net worth →
Active
REID, Alexander John Stirling
director · ~56y · appointed 2021-02-15 · resigned 2024-08-07
Resigned

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

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
termination-director-company-with-name-termination-date
officers · TM01
2026-02-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-06
move-registers-to-registered-office-company-with-new-address
address · AD04
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-09