JB FOODS (SCOTLAND) LTD.

🌳Matureactive
SC059981 · ltd · incorporated 1976-05-10
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Wholesale of meat and meat products
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46330SIC 46330
  • 46380Wholesale of other food, including fish, crustaceans and molluscs
  • 56290Other food services
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 77/100. 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 (58/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 34.0y

25/100
too messy

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

  • · Oldest live charge is 34.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 33/100 — workable, but lender will want more DD.
  • · Not currently profitable — coverage conversation is a harder sell.

Data confidence

Overall: medium (75/100)

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

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 10 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
135 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £1,031,159

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-30
Profit before tax£-1.03M
Average employees9700

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
11
filings
  • 6 officers
  • 2 persons-with-significant-control
  • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
  1. 2025-12-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2025-12-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-12-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-12-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-12-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-12-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-12-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-12-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-12-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-12-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-12-18
    🔓
    Charge satisfied #5
  12. 2025-12-18
    🔓
    Charge satisfied #4
  13. 2025-12-05
    LYNAS, Andrew Richard appointed
    director
  14. 2025-12-05
    MAGEE, Alastair James appointed
    director
  15. 2025-12-05
    BROWN, Christine Nicholson resigned
    director
  16. 2025-12-05
    BROWN, Lee Clifford resigned
    director
  17. 2025-12-05
    BROWN, Thomas Jackson resigned
    director
  18. 2025-12-05
    THOMPSON, Charlotte Elizabeth resigned
    director
  19. 2025-09-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2025-08-04
    📄
    legacy
    miscellaneous · ANNOTATION
  21. 2025-08-04
    📄
    legacy
    miscellaneous · ANNOTATION
  22. 2025-08-04
    📄
    legacy
    miscellaneous · ANNOTATION
  23. 2025-08-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2025-08-04
    🔓
    Charge satisfied #6
  25. 2024-12-10
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  26. 2024-02-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2023-02-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 2022-02-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  29. 2021-05-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  30. 2019-10-04
    BLACK, Gary resigned
    director
  31. 2018-05-18
    DOUGLAS, Marshall Neil resigned
    secretary
  32. 2018-05-18
    DOUGLAS, Marshall Neil resigned
    director
  33. 2017-06-01
    THOMPSON, Charlotte Elizabeth appointed
    director
  34. 2017-02-09
    BOYLE, Anthony James resigned
    director
  35. 2014-02-13
    🔓
    Charge satisfied #3
  36. 2014-02-13
    🔓
    Charge satisfied #2
  37. 2013-11-13
    🔓
    Charge satisfied #1
  38. 2013-11-12
    🔒
    Charge registered #6
    Lender: Hsbc Bank PLC
  39. 2013-11-12
    🔒
    Charge registered #5
    Lender: Hsbc Bank PLC
  40. 2013-10-10
    🔒
    Charge registered #4
    Lender: Hsbc Bank PLC
  41. 2009-06-10
    DOUGLAS, Marshall Neil appointed
    director
  42. 2008-11-05
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  43. 2007-07-09
    BOYLE, Anthony James appointed
    director
  44. 2006-09-14
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  45. 2005-05-31
    THORBURN, Hector John resigned
    director
  46. 2003-06-10
    DOUGLAS, Marshall Neil appointed
    secretary
  47. 2003-06-10
    LINDSAY, Catherine resigned
    secretary
  48. 2003-06-10
    BLACK, Gary appointed
    director
  49. 2000-06-01
    BROWN, Christine Nicholson resigned
    secretary
  50. 2000-06-01
    LINDSAY, Catherine appointed
    secretary
Showing most recent 50 of 53 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·
4 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BROWN, Christine Nicholson resigned 2025-12-05; BROWN, Lee Clifford resigned 2025-12-05; BROWN, Thomas Jackson resigned 2025-12-05

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.

Group structure

Sarcon (No. 388) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sarcon (No. 388) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
JB FOODS (SCOTLAND) LTD.
This company · SC059981

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sarcon (No. 388) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/12/2025
1 historic (ceased) PSC
  • Mr Thomas Jackson Brownceased 05/12/2025· 50-75% shares

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 →
🔒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
Incorporated1976-05-10
Jurisdictionscotland
Primary SIC46320 — Wholesale of meat and meat products

Registered office

Edgefield Industrial Estate
Edgefield Road
Loanhead
Midlothian
EH20 9TB

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (2 active · 11 resigned)

LYNAS, Andrew Richard
director · ~45y · appointed 2025-12-05
View their other companies + combined net worth →
Active
MAGEE, Alastair James
director · ~48y · appointed 2025-12-05
View their other companies + combined net worth →
Active
BROWN, Christine Nicholson
secretary · resigned 2000-06-01
Resigned
DOUGLAS, Marshall Neil
secretary · appointed 2003-06-10 · resigned 2018-05-18
Resigned
LINDSAY, Catherine
secretary · appointed 2000-06-01 · resigned 2003-06-10
Resigned
BLACK, Gary
director · ~60y · appointed 2003-06-10 · resigned 2019-10-04
Resigned
BOYLE, Anthony James
director · ~56y · appointed 2007-07-09 · resigned 2017-02-09
Resigned
BROWN, Christine Nicholson
director · ~82y · resigned 2025-12-05
Resigned
BROWN, Lee Clifford
director · ~55y · appointed 1998-07-01 · resigned 2025-12-05
Resigned
BROWN, Thomas Jackson
director · ~83y · resigned 2025-12-05
Resigned
DOUGLAS, Marshall Neil
director · ~69y · appointed 2009-06-10 · resigned 2018-05-18
Resigned
THOMPSON, Charlotte Elizabeth
director · ~44y · appointed 2017-06-01 · resigned 2025-12-05
Resigned
THORBURN, Hector John
director · ~76y · resigned 2005-05-31
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property12/11/201304/08/2025
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property12/11/201318/12/2025
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property10/10/201318/12/2025
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property05/11/200813/02/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property14/09/200613/02/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property29/04/199213/11/2013

Recent filings (135 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-30
appoint-person-director-company-with-name-date
officers · AP01
2025-12-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-29
termination-director-company-with-name-termination-date
officers · TM01
2025-12-29
termination-director-company-with-name-termination-date
officers · TM01
2025-12-29
termination-director-company-with-name-termination-date
officers · TM01
2025-12-29
termination-director-company-with-name-termination-date
officers · TM01
2025-12-29
appoint-person-director-company-with-name-date
officers · AP01
2025-12-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-18
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-18
accounts-with-accounts-type-full
accounts · AA
2025-09-18
legacy
miscellaneous · ANNOTATION
2025-08-04
legacy
miscellaneous · ANNOTATION
2025-08-04
legacy
miscellaneous · ANNOTATION
2025-08-04