J & J WAREHOUSE LIMITED

💤Zombieactive
SC081962 · ltd · incorporated 1983-02-25
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 Dec 2024
Net worth
£119.2k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -86% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 40.7y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 40.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £119,171
Cash draining
Cash down 86% YoY
Cash YoY
-86%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£8k
↓ 86% YoY
Net Worth
£119k
↑ 34% YoY
Current Assets
£352k
↓ 4.6% YoY
Current Liabilities
—
£0£74k£148k£222k£295k£369kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£184.2k£133.5k
Current assets£352.3k£369.2k
Cash£7.7k£56.1k
Debtors£29.8k£41.4k
Net assets£119.2k£88.7k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-08-12
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  7. 2020-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2020-07-13
    🔓
    Charge satisfied #1
  9. 2020-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-06-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2017-06-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2017-06-19
    🔒
    Charge registered #2
    Lender: Svenska Handelsbanken
  15. 2016-06-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-11-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-06-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2002-04-01
    ➕
    THOMPSON, John Docherty appointed
    secretary
  19. 2002-04-01
    ➖
    THOMPSON, John Meldrum resigned
    secretary
  20. 2002-04-01
    ➖
    MELDRUM, Euphemia resigned
    director
  21. 1995-12-31
    ➖
    THOMPSON, John resigned
    secretary
  22. 1995-12-31
    ➖
    THOMPSON, John Meldrum resigned
    director
  23. 1995-12-31
    ➖
    THOMPSON, John resigned
    director
  24. 1995-10-31
    ➕
    THOMPSON, John Meldrum appointed
    director
  25. 1995-10-31
    ➕
    THOMPSON, John Meldrum appointed
    secretary
  26. 1995-10-31
    ➕
    THOMPSON, John Meldrum appointed
    director
  27. 1985-08-26
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  28. 1983-02-25
    🏢
    Company incorporated
    As J & J WAREHOUSE LIMITED

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Meldrum Thompson
Individual · British · DOB 02/1971 · age 55
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Katrina Thompson
Individual · British · DOB 10/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

Similar companies

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CENTRAL PRODUCE LTD→
SC349420 · est 2008
———160017y8361y
SCOTIA SUPPLY CO. LTD.→
SC202132 · est 1999
——£422.8k—26y8363y
ANGUS BRAIDWOOD & SON LIMITED→
SC114086 · est 1988
——£1.62M—37y8281y
BATHROOM PLANET (STIRLING) LTD.→
SC183947 · est 1998
——£114.1k—28y8258y
C L C PRESENTATION SYSTEMS LIMITED→
SC215799 · est 2001
——£16.0k—25y8275y
C.T.S. (GRANGEMOUTH) LIMITED→
SC226255 · est 2001
———100024y8280y
M G INDUSTRIAL SUPPLIES LIMITED→
SC245064 · est 2003
———80023y8259y
STEWART MCDONALD (PLANT) LIMITED→
SC061597 · est 1977
——£1.9k—49y8279y
AMOS BEECH LIMITED→
SC397565 · est 2011
——£36.4k—15y8172y
JOHN CALLUM LTD.→
SC196483 · est 1999
——£2.54M—26y8161y
RW AGENCIES LIMITED→
SC396418 · est 2011
——£836.6k—15y8165y
STITCHFORGE SUPPLY LTD→
SC868613 · est 2025 · no financials extracted
———————
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
Incorporated1983-02-25
Jurisdictionscotland
Primary SIC46740 — SIC 46740

Registered office

Macfarlane Crescent
Falkirk
FK1 1LQ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01

Officers (2 active · 5 resigned)

THOMPSON, John Docherty→
secretary · appointed 2002-04-01
View their other companies + combined net worth →
Active
THOMPSON, John Meldrum→
director · ~55y · appointed 1995-10-31
View their other companies + combined net worth →
Active
THOMPSON, John Meldrum→
secretary · appointed 1995-10-31 · resigned 2002-04-01
Resigned
THOMPSON, John→
secretary · resigned 1995-12-31
Resigned
MELDRUM, Euphemia→
director · ~84y · resigned 2002-04-01
Resigned
THOMPSON, John Meldrum→
director · ~55y · appointed 1995-10-31 · resigned 1995-12-31
Resigned
THOMPSON, John→
director · ~86y · resigned 1995-12-31
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Svenska Handelsbanken
A registered charge—19/06/2017—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property26/08/198513/07/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-10
change-account-reference-date-company-current-extended
accounts · AA01
2020-08-12
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-07