JIM MCARTHUR ASSOCIATES LIMITED

💤Zombieactive
SC119828 · ltd · incorporated 1989-08-31
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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 Feb 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 74). 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 19.7y

45/100
under pressure

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

  • · Oldest live charge is 19.7 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, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Average employees100100

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 (24 events)Click to expand
  1. 2025-09-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-09
    📄
    capital-allotment-shares
    capital · SH01
  7. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-05-20
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2019-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-07-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-07-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-06-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2018-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-07-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-02-21
    ➖
    MCARTHUR, John Jones resigned
    secretary
  17. 2006-10-17
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  18. 2003-03-10
    ➖
    MCARTHUR, Christine resigned
    secretary
  19. 2003-03-10
    ➕
    MCARTHUR, John Jones appointed
    secretary
  20. 1992-08-31
    ➖
    MCARTHUR, Christine resigned
    director
  21. 1989-09-01
    ➕
    MCARTHUR, James appointed
    director
  22. 1989-09-01
    ➕
    MCARTHUR, Christine appointed
    secretary
  23. 1989-09-01
    ➕
    MCARTHUR, Christine appointed
    director
  24. 1989-08-31
    🏢
    Company incorporated
    As JIM MCARTHUR ASSOCIATES LIMITED

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 "MCARTHUR" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 37 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

100/100
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 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 37 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

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 Jim Mcarthur
Individual · Scottish · DOB 02/1952 · age 74
75–100%
75–100%75-100% shares · 75-100% 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 →

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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
Incorporated1989-08-31
Jurisdictionscotland
Primary SIC93199 — Other sports activities

Registered office

Torrido House Torridon Lane
Rosyth
Dunfermline
KY11 2EU
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (1 active · 3 resigned)

MCARTHUR, James→
director · ~74y · appointed 1989-09-01
View their other companies + combined net worth →
Active
MCARTHUR, Christine→
secretary · appointed 1989-09-01 · resigned 2003-03-10
Resigned
MCARTHUR, John Jones→
secretary · appointed 2003-03-10 · resigned 2012-02-21
Resigned
MCARTHUR, Christine→
director · ~75y · appointed 1989-09-01 · resigned 1992-08-31
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 Governor and Company of the Bank of Scotland
Standard security1 property17/10/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-31
capital-allotment-shares
capital · SH01
2021-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-17
change-account-reference-date-company-previous-extended
accounts · AA01
2020-05-20