JN CONTRACTS BELFAST LTD

💤Zombieactive
NI687734 · ltd · incorporated 2022-04-27
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
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Turnover
year to Jun 2024
Net worth
£16.6k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £16,573
Net assets shrinking
Down £8,554 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£17k
↓ 34% YoY
Current Assets
£88k
↑ 32% YoY
Current Liabilities
£0£18k£35k£53k£70k£88kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£58.5k£34.1k
Current assets£87.5k£66.3k
Net assets£16.6k£25.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (11 events)Click to expand
  1. 2024-12-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2024-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-12-01
    GLOVER, Jonathan Andrew resigned
    director
  4. 2023-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-07
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2022-07-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-06-20
    GLOVER, Jonathan Andrew appointed
    director
  8. 2022-06-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2022-04-27
    🏢
    Company incorporated
    As JN CONTRACTS BELFAST LTD
  10. 2022-04-27
    GLOVER, Nicola appointed
    director
  11. 2022-04-27
    📄
    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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-10

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Nicola Glover
Individual · British · DOB 07/1982 · age 44
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/04/2022

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

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
Incorporated2022-04-27
Jurisdictionnorthern-ireland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

220 Lisburn Road
Belfast
BT9 6GD
Northern Ireland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-10OVERDUE
Last: 2025-04-26

Officers (1 active · 1 resigned)

GLOVER, Nicola
director · ~44y · appointed 2022-04-27
View their other companies + combined net worth →
Active
GLOVER, Jonathan Andrew
director · ~46y · appointed 2022-06-20 · resigned 2024-12-01
Resigned

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
termination-director-company-with-name-termination-date
officers · TM01
2024-12-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-24
change-account-reference-date-company-current-extended
accounts · AA01
2023-03-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-04
appoint-person-director-company-with-name-date
officers · AP01
2022-06-20
incorporation-company
incorporation · NEWINC
2022-04-27