JEFFREY LEE (ANTIQUES) LIMITED

💤Zombieactive
SC112541 · ltd · incorporated 1988-07-28
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 Oct 2024
Net worth
£84.4k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 47791
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 37.6y

45/100
under pressure

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

  • · Oldest live charge is 37.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
93 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £84,367
Net assets shrinking
Down £4,549 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£84k
↓ 5.1% YoY
Current Assets
£80k
↑ 4.4% YoY
Current Liabilities
£0£18k£36k£53k£71k£89kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£84.4k£88.9k
Current assets£79.5k£76.1k
Net assets£84.4k£88.9k

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
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-11-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-11-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-09-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-09-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-07-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-11-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-11-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-11-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-07-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2015-11-20
    FINEMAN, Toby Fay resigned
    secretary
  18. 2015-11-20
    FINEMAN, Toby Fay resigned
    director
  19. 2015-05-02
    FINEMAN, Sydney resigned
    director
  20. 1988-10-10
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 1988-07-28
    🏢
    Company incorporated
    As JEFFREY LEE (ANTIQUES) LIMITED

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 65 — 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 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.

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
Mr Jeffrey Lee Fineman
Individual · British · DOB 10/1961 · age 65
75100%
75-100% shares01/11/2016

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1988-07-28
Jurisdictionscotland
Primary SIC47791 — SIC 47791

Registered office

7 St Vincent Place
Glasgow
G1 2DW

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14

Officers (1 active · 3 resigned)

FINEMAN, Jeffrey Lee
director · ~65y
View their other companies + combined net worth →
Active
FINEMAN, Toby Fay
secretary · resigned 2015-11-20
Resigned
FINEMAN, Sydney
director · ~99y · resigned 2015-05-02
Resigned
FINEMAN, Toby Fay
director · ~91y · resigned 2015-11-20
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property10/10/1988
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (93 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-10
change-person-director-company-with-change-date
officers · CH01
2025-09-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-23
change-person-director-company-with-change-date
officers · CH01
2023-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-08