JOHNSTON AND JEFF LIMITED
Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
4 live charges · 2 lenders · oldest 41.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 41.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £6.64M | £6.52M |
| Current assets | £5.78M | £5.27M |
| Cash | £120.1k | £550.0k |
| Debtors | £2.41M | £2.66M |
| Net assets | £5.85M | £5.51M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
Corporate timeline (27 events)Click to expand
- 2025-12-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-10📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-12-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-16🔓Charge satisfied #3
- 2024-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-11-08📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-11-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-08📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-11📄accounts-with-accounts-type-fullaccounts · AA
- 2020-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2019-08-22📄accounts-with-accounts-type-fullaccounts · AA
- 2018-08-24📄accounts-with-accounts-type-fullaccounts · AA
- 2017-07-24📄accounts-with-accounts-type-fullaccounts · AA
- 2013-01-10➖JOHNSTON, Alan Ian resigneddirector
- 2008-07-14🔒Charge registered #5Lender: Hsbc Bank PLC
- 2000-11-09➕JOHNSTON, Fiona appointeddirector
- 2000-10-19➖JOHNSTON, Olive Margaret resigneddirector
- 1999-03-31➕JOHNSTON, Richard Michael appointedsecretary
- 1999-03-31➖JOHNSTON, Alan Ian resignedsecretary
- 1999-02-05🔒Charge registered #4Lender: Midland Bank PLC
- 1997-06-14🔒Charge registered #3Lender: Midland Bank PLC
- 1985-03-01🔒Charge registered #2Lender: Midland Bank PLC
- 1964-04-02🔒Charge registered #1Lender: Midland Bank Limited
- 1964-01-01🏢Company incorporatedAs JOHNSTON AND JEFF LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "JOHNSTON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 63 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Richard Michael Johnston Individual · British · DOB 05/1965 · age 61 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mrs Fiona Johnston Individual · British · DOB 06/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 14/07/2008 | — | |
| outstanding | Midland Bank Midland Bank PLC | Debenture | 1 property | 05/02/1999 | — | |
| satisfied | Midland Bank Midland Bank PLC | 2 | 1 property | 14/06/1997 | 16/12/2024 | |
| outstanding | Midland Bank Midland Bank PLC | Charge over all book debts | 1 property | 01/03/1985 | — | |
| outstanding | Midland Bank Midland Bank Limited | Mortgage and charge | 1 property | 02/04/1964 | — |