J C S BUILDERS LIMITED

🌳Matureactive
SC117345 · ltd · incorporated 1989-04-14
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 35.7y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£191.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Property-backed borrower with a 63-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (80/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 35.7y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 35.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
116 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
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
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £191,262

Key financials

2 years extracted from filed iXBRL accounts
Cash
£31k
Net Worth
£191k
Current Assets
£37k
Current Liabilities
—
£0£38k£77k£115k£153k£191kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£233.4k—
Current assets£37.5k—
Cash£31.3k—
Debtors£6.2k—
Net assets£191.3k—
Average employees—200

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
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-10-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-10-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-10-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-10-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-09-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-09-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-09-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-03-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-02-28
    🔒
    Charge registered #4
    Lender: Charter Court Financial Services Limited
  12. 2024-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2024-01-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-01-16
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  15. 2023-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-10-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2022-09-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2022-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2014-06-25
    ➖
    CULLEN, Christina Ann resigned
    secretary
  22. 2014-06-25
    ➖
    CULLEN, Christina Ann resigned
    director
  23. 2013-03-20
    🔓
    Charge satisfied #3
  24. 2012-03-24
    🔓
    Charge satisfied #2
  25. 2012-03-23
    ➖
    CULLEN, John Brady resigned
    director
  26. 2011-11-18
    🔓
    Charge satisfied #1
  27. 2002-10-04
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  28. 1993-08-11
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  29. 1991-02-20
    ➕
    CULLEN, Kevin John Brady appointed
    director
  30. 1991-02-20
    ➕
    CULLEN, Christina Ann appointed
    director
  31. 1990-10-10
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  32. 1989-04-14
    🏢
    Company incorporated
    As J C S BUILDERS LIMITED

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 37 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Patrick Kenneth Cullen
Individual · British · DOB 07/1963 · age 63
25–50%
25–50%board control25-50% shares · 25-50% voting · board control22/10/2025
Mr Kevin John Brady Cullen
Individual · British · DOB 01/1966 · age 60
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
2 historic (ceased) PSCs
  • Mr Gavin Lewis Cullenceased 05/10/2022· 25-50% shares
  • Mr Patrick Kenneth Cullenceased 15/08/2022· 25-50% shares

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

6 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
Incorporated1989-04-14
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Old Church
South Craigs Road
Rumford
Polmont
FK2 0SF

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-07
Last: 2025-10-24

Officers (2 active · 3 resigned)

CULLEN, Kevin John Brady→
director · ~60y · appointed 1991-02-20
View their other companies + combined net worth →
Active
CULLEN, Patrick Kenneth→
director · ~63y
View their other companies + combined net worth →
Active
CULLEN, Christina Ann→
secretary · resigned 2014-06-25
Resigned
CULLEN, Christina Ann→
director · ~83y · appointed 1991-02-20 · resigned 2014-06-25
Resigned
CULLEN, John Brady→
director · ~83y · resigned 2012-03-23
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property28/02/2025—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property04/10/200220/03/2013
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property11/08/199324/03/2012
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property10/10/199018/11/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (116 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-05
change-person-director-company-with-change-date
officers · CH01
2025-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-28
change-person-director-company-with-change-date
officers · CH01
2025-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-29
change-person-director-company-with-change-date
officers · CH01
2025-09-29
change-person-director-company-with-change-date
officers · CH01
2025-09-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-17