J.F.B.GARAGES LIMITED

💤Zombieactive
SC061068 · ltd · incorporated 1976-11-08
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
Upgrade to see
Turnover
year to Mar 2024
Net worth
£52.9k
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed holding with salvageable qualities — special-situations priority.

Opportunity 59/100 (worth a look), bankability 45/100. Strong seller-intent signal (63/100, director aged 83). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (76/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £52,945
Net assets shrinking
Down £20,805 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£53k
↓ 28% YoY
Current Assets
£673
↓ 57% YoY
Current Liabilities
£0£15k£30k£44k£59k£74kMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-312023-03-31
Total assets£53.8k£74.7k
Current assets£673£1.6k
Net assets£52.9k£73.8k

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

Recent activity

Last 30 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-14
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-03-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-07-08
    BOWSHER, Janet Durham Sinclair resigned
    director
  6. 2023-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-06-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-07-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-07-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-08-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2016-06-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-06-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-03-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 1993-01-01
    BOWSHER, James Flockhart appointed
    secretary
  19. 1993-01-01
    AITKEN, John Murray Craik resigned
    secretary
  20. 1976-11-08
    🏢
    Company incorporated
    As J.F.B.GARAGES LIMITED
  21. 1976-11-08
    BOWSHER, Janet Durham Sinclair appointed
    director

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

85/100
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 83 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 49 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-19

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James Flockhart Bowsher
Individual · British · DOB 03/1943 · age 83
75100%
75-100% shares05/03/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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
Incorporated1976-11-08
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

6b Newhailes Business Park
Newhailes Road
Musselburgh
East Lothian
EH21 6RH
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-03-19OVERDUE
Last: 2025-03-05

Officers (2 active · 2 resigned)

BOWSHER, James Flockhart
secretary · appointed 1993-01-01
View their other companies + combined net worth →
Active
BOWSHER, James Flockhart
director · ~83y
View their other companies + combined net worth →
Active
AITKEN, John Murray Craik
secretary · resigned 1993-01-01
Resigned
BOWSHER, Janet Durham Sinclair
director · ~79y · appointed 1976-11-08 · resigned 2024-07-08
Resigned

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

Recent filings (95 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-21
dissolution-application-strike-off-company
dissolution · DS01
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-11
termination-director-company-with-name-termination-date
officers · TM01
2025-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-01