J D PENNY LIMITED

🌳Matureactive
SC135872 · ltd · incorporated 1992-01-09
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 33.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£427.8k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 33.6y

70/100
ready

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

  • · Oldest live charge is 33.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
89 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £427,781
Cash YoY
+113%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£210k
↑ 113% YoY
Net Worth
£428k
↑ 5.9% YoY
Current Assets
£464k
↑ 7.8% YoY
Current Liabilities
—
£0£93k£186k£278k£371k£464kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£468.9k£404.1k
Current assets£464.0k£430.5k
Cash£210.4k£98.7k
Debtors£203.0k£309.6k
Net assets£427.8k£404.1k

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
1
filing
  • • 1 mortgage
Last 90 days
2
filings
  • • 1 mortgage
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 mortgage
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-17
    🔓
    Charge satisfied #2
  3. 2025-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-06-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-06-25
    ➕
    PENNY, Graeme Andrew Douglas appointed
    director
  6. 2024-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-05-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-06-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2017-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2016-06-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-01-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-06-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 1999-09-01
    ➕
    PENNY, Elaine appointed
    director
  19. 1994-07-22
    🔓
    Charge satisfied #1
  20. 1994-04-05
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  21. 1992-09-28
    🔒
    Charge registered #1
    Lender: Tsb Bank Scotland PLC
  22. 1992-01-09
    🏢
    Company incorporated
    As J D PENNY LIMITED
  23. 1992-01-09
    ➕
    STEWART & WATSON appointed
    corporate-secretary
  24. 1992-01-09
    ➕
    PENNY, John Douglas appointed
    director
  25. 1992-01-09
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 1992-01-09
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  27. 1992-01-09
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  28. 1992-01-09
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Founder name in company name: Company name contains director surname "PENNY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — PENNY, Graeme Andrew Douglas (same surname) appointed 2024-06-25. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr John Douglas Penny
Individual · British · DOB 06/1962 · age 64
50–75%
—50-75% shares09/01/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
JPS ENGINEERING SOLUTIONS LTD→
SC575574 · est 2017 · no financials extracted
————8y——
JR-23 SPRAYING LTD→
SC818451 · est 2024 · no financials extracted
————1y——
K P PLANT LIMITED→
SC341811 · est 2008 · no financials extracted
————17y——
K-MAC ELECTRICAL LIMITED→
SC307777 · est 2006 · no financials extracted
————19y——
KBP (SCOTLAND) LTD→
SC442328 · est 2013 · no financials extracted
————13y——
KEN MORRISON CONSTRUCTION LIMITED→
SC320490 · est 2007 · no financials extracted
————19y——
KENWAY DEVELOPMENTS SCOTLAND LTD→
SC868561 · est 2025 · no financials extracted
———————
KERNYS ACCESS LTD→
SC736665 · est 2022 · no financials extracted
————3y——
KERO PROPERTIES LTD→
SC692692 · est 2021 · no financials extracted
————5y——
KEVIN BEATTIE PLUMBING & HEATING SERVICES LIMITED→
SC223272 · est 2001 · no financials extracted
————24y——
KGD JOINERY SERVICES LIMITED→
SC726262 · est 2022 · no financials extracted
————4y——
KGH ELECTRICAL CONTRACTORS LTD.→
SC212409 · est 2000 · no financials extracted
————25y——
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
Incorporated1992-01-09
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

The Steading Parkside
Oldmeldrum
Inverurie
Aberdeenshire
AB51 0AD
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-01-23
Last: 2026-01-09

Officers (4 active · 2 resigned)

STEWART & WATSON→
corporate-secretary · appointed 1992-01-09
View their other companies + combined net worth →
Active
PENNY, Elaine→
director · ~63y · appointed 1999-09-01
View their other companies + combined net worth →
Active
PENNY, Graeme Andrew Douglas→
director · ~34y · appointed 2024-06-25
View their other companies + combined net worth →
Active
PENNY, John Douglas→
director · ~64y · appointed 1992-01-09
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1992-01-09 · resigned 1992-01-09
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1992-01-09 · resigned 1992-01-09
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 property05/04/199417/04/2026
satisfied
Lloyds Banking Group
Tsb Bank Scotland PLC
Floating charge1 property28/09/199222/07/1994

Recent filings (89 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-17
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
appoint-person-director-company-with-name-date
officers · AP01
2024-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-09