A J B HOLDINGS LIMITED

🌳Matureactive
SC125094 · ltd · incorporated 1990-05-18
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£4.10M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 83-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 83). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 41.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 41.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · 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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 7 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
126 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 £4,099,988
Cash YoY
+73%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£207k
↑ 73% YoY
Net Worth
£4.1m
↑ 3.0% YoY
Current Assets
£2.5m
↑ 9.1% YoY
Current Liabilities
—
£0£820k£1.6m£2.5m£3.3m£4.1mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£4.19M£4.04M
Current assets£2.45M£2.25M
Cash£206.5k£119.3k
Debtors£72.4k£93.5k
Net assets£4.10M£3.98M

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 (53 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2023-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-05-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2020-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-01-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2017-01-27
    ➕
    BAXTER, Anne appointed
    director
  14. 2016-09-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-05-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-12-24
    🔓
    Charge satisfied #7
  19. 2014-12-24
    🔓
    Charge satisfied #6
  20. 2014-12-22
    ➖
    BAXTER, Craig Charles resigned
    director
  21. 2008-12-11
    🔓
    Charge satisfied #8
  22. 2000-05-05
    ➕
    BAXTER, Sheena Johnston appointed
    director
  23. 2000-05-05
    ➕
    BAXTER, Craig Charles appointed
    director
  24. 2000-03-03
    ➕
    BAXTER, Alan James appointed
    secretary
  25. 2000-03-03
    ➖
    MACLAINE, Helen Ruth resigned
    secretary
  26. 2000-03-03
    ➖
    MACLAINE, Helen Ruth resigned
    director
  27. 1999-10-29
    🔒
    Charge registered #8
    Lender: Clydesdale Bank Public Limited Company
  28. 1999-10-21
    🔒
    Charge registered #7
    Lender: Clydesdale Bank Public Limited Company
  29. 1999-10-05
    🔓
    Charge satisfied #5
  30. 1999-10-05
    🔓
    Charge satisfied #2
  31. 1999-10-05
    🔓
    Charge satisfied #4
  32. 1999-10-05
    🔓
    Charge satisfied #3
  33. 1999-10-04
    🔓
    Charge satisfied #1
  34. 1999-09-23
    🔒
    Charge registered #6
    Lender: Clydesdale Bank Public Limited Company
  35. 1998-03-27
    ➕
    MACLAINE, Helen Ruth appointed
    secretary
  36. 1998-03-27
    ➖
    MUIR, James Iain resigned
    secretary
  37. 1998-03-27
    ➕
    MACLAINE, Helen Ruth appointed
    director
  38. 1998-03-27
    ➖
    MUIR, James Iain resigned
    director
  39. 1991-11-30
    ➖
    BAXTER, Charles resigned
    director
  40. 1991-06-24
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  41. 1990-09-21
    ➕
    BAXTER, Alan James appointed
    director
  42. 1990-09-21
    ➕
    MUIR, James Iain appointed
    secretary
  43. 1990-09-21
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  44. 1990-09-21
    ➕
    BAXTER, Charles appointed
    director
  45. 1990-09-21
    ➕
    MUIR, James Iain appointed
    director
  46. 1990-09-21
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  47. 1990-05-18
    🏢
    Company incorporated
    As A J B HOLDINGS LIMITED
  48. 1990-05-18
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  49. 1990-05-18
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  50. 1987-01-23
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 53 events

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 83 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 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 Alan James Baxter
Individual · British · DOB 06/1945 · age 81
50–75%
—50-75% shares01/07/2016
Mrs Sheena Johnston Cunniffe
Individual · British · DOB 04/1972 · age 54
25–50%
—25-50% shares31/05/2019

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
Incorporated1990-05-18
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

9 Broomcroft Road
Newton Mearns
Glasgow
G77 5ER

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (4 active · 8 resigned)

BAXTER, Alan James→
secretary · appointed 2000-03-03
View their other companies + combined net worth →
Active
BAXTER, Alan James→
director · ~81y · appointed 1990-09-21
View their other companies + combined net worth →
Active
BAXTER, Anne→
director · ~83y · appointed 2017-01-27
View their other companies + combined net worth →
Active
BAXTER, Sheena Johnston→
director · ~54y · appointed 2000-05-05
View their other companies + combined net worth →
Active
MACLAINE, Helen Ruth→
secretary · appointed 1998-03-27 · resigned 2000-03-03
Resigned
MUIR, James Iain→
secretary · appointed 1990-09-21 · resigned 1998-03-27
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1990-05-18 · resigned 1990-09-21
Resigned
BAXTER, Charles→
director · ~113y · appointed 1990-09-21 · resigned 1991-11-30
Resigned
BAXTER, Craig Charles→
director · ~52y · appointed 2000-05-05 · resigned 2014-12-22
Resigned
MACLAINE, Helen Ruth→
director · ~82y · appointed 1998-03-27 · resigned 2000-03-03
Resigned
MUIR, James Iain→
director · ~85y · appointed 1990-09-21 · resigned 1998-03-27
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1990-05-18 · resigned 1990-09-21
Resigned

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

Mortgages & charges

8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property29/10/199911/12/2008
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property21/10/199924/12/2014
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property23/09/199924/12/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property24/06/199104/10/1999
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/01/198705/10/1999
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/01/198705/10/1999
satisfied
Sun Life Assurance Society
Sun Life Assurance Society PLC
Standard security1 property13/05/198605/10/1999
satisfied
Eagle Star Insurance Company
Eagle Star Insurance Company LTD
Standard security1 property21/05/198405/10/1999

Recent filings (126 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
change-person-director-company-with-change-date
officers · CH01
2024-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2019-05-29