JOHNSTON TRACTORS LIMITED

🌳Matureactive
07860331 · ltd · incorporated 2011-11-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46610SIC 46610
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 9.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (59/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (18 events)Click to expand
  1. 2025-10-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-10-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-01-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-01-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2022-09-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2021-10-15
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  8. 2021-08-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2020-10-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2019-08-19
    📄
    capital-allotment-shares
    capital · SH01
  11. 2019-08-15
    📄
    legacy
    miscellaneous · RP04CS01
  12. 2019-08-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2018-07-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2017-06-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2016-08-25
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  16. 2011-11-24
    🏢
    Company incorporated
    As JOHNSTON TRACTORS LIMITED
  17. 2011-11-24
    ➕
    JOHNSTON, Howard appointed
    director
  18. 2011-11-24
    ➕
    JOHNSTON, Lorna 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
  • +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.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. 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 15 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.)

Group structure

Frank Johnston (Tractors) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Frank Johnston (Tractors) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
JOHNSTON TRACTORS LIMITED
This company · 07860331

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Frank Johnston (Tractors) Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/07/2016
Mr Howard Johnston
Individual · British · DOB 09/1957 · age 69
——sig. influencesignificant influence30/06/2016
Miss Lorna Johnston
Individual · British · DOB 08/1960 · age 66
——sig. influencesignificant influence30/06/2016

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2011-11-24
Jurisdictionengland-wales
Primary SIC46140 — SIC 46140

Registered office

4 Montgomery Way
Rosehill Industrial Estate
Carlisle
CA1 2RW
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27

Officers (2 active · 0 resigned)

JOHNSTON, Howard→
director · ~69y · appointed 2011-11-24
View their other companies + combined net worth →
Active
JOHNSTON, Lorna→
director · ~66y · appointed 2011-11-24
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property25/08/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-full
accounts · AA
2025-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-03
accounts-with-accounts-type-full
accounts · AA
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
accounts-with-accounts-type-full
accounts · AA
2023-10-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-full
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
change-account-reference-date-company-current-extended
accounts · AA01
2021-10-15
accounts-with-accounts-type-full
accounts · AA
2021-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-04
accounts-with-accounts-type-full
accounts · AA
2020-10-13