JOE BLACK LIMITED
🌳Matureactive
SC087241 · ltd · incorporated 1984-03-21
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 41.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£40.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 41.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 41.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £40,904
Net assets shrinking
Down £7,797 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£41k
↓ 16% YoY
Current Assets
£252
↓ 97% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £40.9k | £48.7k |
| Current assets | £252 | £7.7k |
| Net assets | £40.9k | £48.7k |
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
2
filings
- • 1 address
- • 1 accounts
Last 180 days
5
filings
- • 1 address
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-04-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-15➖BLACK, Joseph resigneddirector
- 2025-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-22📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-11➖MACIVER, Jean Bunyan resigneddirector
- 2020-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 1991-11-13➖BLACK, Margaret Anne resigneddirector
- 1985-11-08🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1984-09-11🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1984-03-21🏢Company incorporatedAs JOE BLACK LIMITED
Owner dependency
88/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "BLACK" — strong identity link between founder and business.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Margaret Macdonald Graham Individual · British · DOB 09/1950 · age 76 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Donald Macdonald Black Individual · British · DOB 12/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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
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
Incorporated1984-03-21
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
49 Crescent Road
Glasgow
G13 3RY
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16
Officers (3 active · 3 resigned)
Active
Active
Active
BLACK, Joseph→
Resigneddirector · ~72y · resigned 2025-11-15
BLACK, Margaret Anne→
Resigneddirector · resigned 1991-11-13
MACIVER, Jean Bunyan→
Resigneddirector · ~95y · resigned 2021-10-11
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 08/11/1985 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 11/09/1984 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (104 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-24
termination-director-company-with-name-termination-date
officers · TM01
2025-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-29
change-account-reference-date-company-previous-extended
accounts · AA01
2025-03-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-22
change-person-director-company-with-change-date
officers · CH01
2025-02-22
change-person-director-company-with-change-date
officers · CH01
2025-02-22
change-person-director-company-with-change-date
officers · CH01
2025-02-22
change-person-secretary-company-with-change-date
officers · CH03
2025-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-20