JOSEPH BONNAR JEWELLERS

💤Zombieactive
SC101137 · private-unlimited · incorporated 1986-10-01
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
not disclosed
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 47770
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 39.3y

45/100
under pressure

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

  • · Oldest live charge is 39.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: low (53/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 1 with DOB)
73
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red 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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-08-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  2. 2025-08-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  3. 2025-07-18
    FERGUSON, Shirley Ann Bowman appointed
    secretary
  4. 2025-07-18
    FLOCKHART, David John Richmond resigned
    secretary
  5. 2020-01-16
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2016-05-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2016-05-13
    🔓
    Charge satisfied #1
  8. 2016-03-08
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2016-01-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2016-01-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2016-01-12
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2016-01-11
    BARRACK, Emma Louise resigned
    secretary
  13. 2016-01-11
    FLOCKHART, David John Richmond appointed
    secretary
  14. 2015-01-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-01-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-01-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-04-27
    📄
    legacy
    mortgage · MG03s
  18. 2012-04-27
    🔓
    Charge satisfied #2
  19. 2012-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2012-03-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  21. 2012-01-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2006-05-06
    BARRACK, Emma Louise appointed
    secretary
  23. 2006-05-06
    BLATHERWICK, Clare Maureen resigned
    secretary
  24. 2003-12-05
    BLATHERWICK, Clare Maureen appointed
    secretary
  25. 2003-12-05
    BONNAR, Jane Cant resigned
    secretary
  26. 1997-12-01
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  27. 1987-01-29
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  28. 1986-10-01
    🏢
    Company incorporated
    As JOSEPH BONNAR JEWELLERS

Owner dependency

100/100
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 name in company name: Company name contains director surname "BONNAR" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 78 — 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 78 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Director Joseph Hugh Bonnar
Individual · British · DOB 08/1948 · age 78
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest06/04/2016

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

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.

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Company details

Statusactive
Typeprivate-unlimited
Incorporated1986-10-01
Jurisdictionscotland
Primary SIC47770 — SIC 47770

Registered office

72 Thistle Street
Edinburgh
EH2 1EN

Filing status

Accounts
Next due:
Last made up to:
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (2 active · 4 resigned)

FERGUSON, Shirley Ann Bowman
secretary · appointed 2025-07-18
View their other companies + combined net worth →
Active
BONNAR, Joseph Hugh, Director
director · ~78y
View their other companies + combined net worth →
Active
BARRACK, Emma Louise
secretary · appointed 2006-05-06 · resigned 2016-01-11
Resigned
BLATHERWICK, Clare Maureen
secretary · appointed 2003-12-05 · resigned 2006-05-06
Resigned
BONNAR, Jane Cant
secretary · resigned 2003-12-05
Resigned
FLOCKHART, David John Richmond
secretary · appointed 2016-01-11 · resigned 2025-07-18
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property01/12/199727/04/2012
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property29/01/198713/05/2016

Recent filings (60 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-16
termination-secretary-company-with-name-termination-date
officers · TM02
2025-08-01
appoint-person-secretary-company-with-name-date
officers · AP03
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-02
resolution
resolution · RESOLUTIONS
2020-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-03
confirmation-statement-with-updates
confirmation-statement · CS01
2017-01-06
mortgage-satisfy-charge-full
mortgage · MR04
2016-05-13
resolution
resolution · RESOLUTIONS
2016-03-08