J. B. ANDERSON & CO LIMITED

🌳Matureactive
R0000352 · ltd · incorporated 1913-05-19
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 100.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 100.8 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (57/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (5 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
204 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
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-31
    SLOANE, Peter David resigned
    director
  3. 2025-09-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-12-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2024-09-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-08-29
    JOYCE, Brona Blair appointed
    director
  7. 2023-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-12-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-12-20
    🔒
    Charge registered #7
    Lender: Northern Bank Limited
  10. 2023-12-20
    🔒
    Charge registered #6
    Lender: Northern Bank Limited
  11. 2023-12-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2023-12-14
    🔓
    Charge satisfied #3
  13. 2023-11-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2023-11-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2023-11-22
    🔓
    Charge satisfied #4
  16. 2023-11-22
    🔓
    Charge satisfied #2
  17. 2023-11-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2023-07-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2023-07-26
    🔓
    Charge satisfied #1
  20. 2023-05-12
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  21. 2023-05-12
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  22. 2023-05-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  23. 2023-05-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2023-05-01
    JOYCE, Brona Blair appointed
    secretary
  25. 2023-03-31
    GORDON, Michael John resigned
    secretary
  26. 2022-11-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  27. 2021-11-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  28. 2020-12-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  29. 2019-12-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  30. 2006-07-05
    GORDON, Patricia Elizabeth appointed
    director
  31. 2006-07-04
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Ireland
  32. 2006-05-01
    CATHCART, Florence Isobel resigned
    director
  33. 2006-01-27
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Ireland
  34. 2006-01-27
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Ireland
  35. 2000-05-10
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  36. 1998-05-16
    PEARSON, Miranda Bradbury appointed
    director
  37. 1930-07-10
    🔓
    Charge satisfied #5
  38. 1925-07-16
    🔒
    Charge registered #5
    Lender: Ulster Bank Limited
  39. 1913-05-19
    🏢
    Company incorporated
    As J. B. ANDERSON & CO LIMITED

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-06

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Philip James Cathcart
Individual · British · DOB 10/1950 · age 76
sig. influencesignificant influence23/04/2017

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

8 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
Incorporated1913-05-19
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

1 Governors Gate Demesne
Hillsborough
BT26 6TU
Northern Ireland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-05-06OVERDUE
Last: 2025-04-22

Officers (5 active · 3 resigned)

JOYCE, Brona Blair
secretary · appointed 2023-05-01
View their other companies + combined net worth →
Active
CATHCART, Philip James
director · ~76y
View their other companies + combined net worth →
Active
GORDON, Patricia Elizabeth
director · ~82y · appointed 2006-07-05
View their other companies + combined net worth →
Active
JOYCE, Brona Blair
director · ~47y · appointed 2024-08-29
View their other companies + combined net worth →
Active
PEARSON, Miranda Bradbury
director · ~80y · appointed 1998-05-16
View their other companies + combined net worth →
Active
GORDON, Michael John
secretary · resigned 2023-03-31
Resigned
CATHCART, Florence Isobel
director · ~110y · resigned 2006-05-01
Resigned
SLOANE, Peter David
director · ~75y · resigned 2025-12-31
Resigned

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

Mortgages & charges

7
Total charges
2
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
A registered charge20/12/2023
outstanding
Northern Bank
Northern Bank Limited
A registered charge20/12/2023
satisfied
The Governor and Company of the Bank of Ireland
Mortgage or charge1 property04/07/200622/11/2023
satisfied
The Governor and Company of the Bank of Ireland
Mortgage or charge1 property27/01/200614/12/2023
satisfied
The Governor and Company of the Bank of Ireland
Debenture1 property27/01/200622/11/2023
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Mortgage or charge3 properties10/05/200026/07/2023
satisfied
NatWest Group
Ulster Bank Limited
Deposit of title deeds without written instrument2 properties16/07/192510/07/1930
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (204 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-01-07
accounts-with-accounts-type-small
accounts · AA
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-05
accounts-with-accounts-type-small
accounts · AA
2024-12-02
appoint-person-director-company-with-name-date
officers · AP01
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-20
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-22
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-22
accounts-with-accounts-type-small
accounts · AA
2023-11-02
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-26
change-sail-address-company-with-old-address-new-address
address · AD02
2023-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-12