JMS SKIPS LTD
- · Oldest live charge 16.5y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 16.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 |
|---|---|
| Total assets | £143.8k |
| Current assets | £13.2k |
| Net assets | £127.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (32 events)Click to expand
- 2026-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-10-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-03✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-04-02➕STUART, William John appointeddirector
- 2025-04-02➖STUART, Tracey Elaine resigneddirector
- 2025-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-11📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-03-26📄gazette-notice-compulsorygazette · GAZ1
- 2023-10-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-04➖STUART, Margery Helen resigneddirector
- 2023-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-11-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2009-12-17🔒Charge registered #1Lender: National Westminster Bank PLC
- 2009-10-30🏢Company incorporatedAs JMS SKIPS LTD
- 2009-10-30➕STUART, Tracey Elaine appointedsecretary
- 2009-10-30➕STUART, James Ian appointeddirector
- 2009-10-30➕WATERLOW SECRETARIES LIMITED appointedcorporate-secretary
- 2009-10-30➖WATERLOW SECRETARIES LIMITED resignedcorporate-secretary
- 2009-10-30➕DAVIES, Dunstana Adeshola appointeddirector
- 2009-10-30➖DAVIES, Dunstana Adeshola resigneddirector
- 2009-10-30➕STUART, Margery Helen appointeddirector
- 2009-10-30➕STUART, Tracey Elaine appointeddirector
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.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- primaryFamily succession underway: Not a takeover target — STUART, William John (same surname) appointed 2025-04-02. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-04-03: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Ian Stuart Individual · British · DOB 04/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Tracey Elaine Stuart Individual · British · DOB 06/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Margery Helen Stuartceased 04/09/2023· significant influence
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.
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6 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 · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 17/12/2009 | — |