J.R.M. (SCOTLAND) LTD.
💤Zombieactive
SC146341 · ltd · incorporated 1993-09-09
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 Mar 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 60-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 60). 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 (53/100).
🏦
Refinance opportunity
38 live charges · 4 lenders · oldest 32.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 32.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
38 charges (38/38 with lender, 38/38 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
122 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 4 | 400 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (66 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-09-19🔒Charge registered #38Lender: The Royal Bank of Scotland PLC
- 2018-06-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-02-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-02-15🔒Charge registered #37Lender: The Royal Bank of Scotland PLC
- 2017-08-10📄resolutionresolution · RESOLUTIONS
- 2017-06-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-02🔒Charge registered #36Lender: National Grid Property Holdings Limited
- 2013-08-09🔒Charge registered #35Lender: The Royal Bank of Scotland PLC
- 2013-04-16🔒Charge registered #34Lender: The Royal Bank of Scotland PLC
- 2012-06-26🔒Charge registered #33Lender: The Royal Bank of Scotland PLC
- 2011-11-28🔒Charge registered #32Lender: The Royal Bank of Scotland PLC
- 2010-02-10🔒Charge registered #31Lender: Royal Bank of Scotland PLC
- 2007-09-01🔓Charge satisfied #26
- 2007-08-06➖MORRISON, Yvonne Christina resignedsecretary
- 2005-09-01🔒Charge registered #30Lender: The Royal Bank of Scotland PLC
- 2004-10-01🔒Charge registered #29Lender: The Royal Bank of Scotland PLC
- 2004-09-14🔒Charge registered #28Lender: The Royal Bank of Scotland PLC
- 2004-06-11🔒Charge registered #27Lender: The Royal Bank of Scotland PLC
- 2004-06-11🔒Charge registered #26Lender: The Royal Bank of Scotland PLC
- 2003-02-17🔒Charge registered #25Lender: The Royal Bank of Scotland PLC
- 2003-02-17🔒Charge registered #24Lender: The Royal Bank of Scotland PLC
- 2003-02-17🔒Charge registered #23Lender: The Royal Bank of Scotland PLC
- 2003-02-17🔒Charge registered #22Lender: The Royal Bank of Scotland PLC
- 2002-03-13🔓Charge satisfied #2
- 2002-01-04🔒Charge registered #21Lender: The Royal Bank of Scotland PLC
- 2001-12-31🔒Charge registered #19Lender: The Royal Bank of Scotland PLC
- 2001-12-27🔒Charge registered #20Lender: The Royal Bank of Scotland PLC
- 2001-12-27🔒Charge registered #18Lender: The Royal Bank of Scotland PLC
- 2001-12-12🔒Charge registered #17Lender: The Royal Bank of Scotland PLC
- 2001-12-12🔒Charge registered #16Lender: The Royal Bank of Scotland PLC
- 2001-12-12🔒Charge registered #15Lender: The Royal Bank of Scotland PLC
- 2001-11-28🔒Charge registered #14Lender: The Royal Bank of Scotland PLC
- 2000-11-03🔒Charge registered #13Lender: The Royal Bank of Scotland PLC
- 1999-03-16🔓Charge satisfied #12
- 1997-12-12🔒Charge registered #12Lender: Clydesdale Bank Public Limited Company
- 1997-05-19🔒Charge registered #11Lender: Clydesdale Bank Public Limited Company
- 1997-03-19🔒Charge registered #10Lender: Clydesdale Bank Public Limited Company
- 1997-02-07🔓Charge satisfied #5
- 1997-02-07🔓Charge satisfied #6
Showing most recent 50 of 66 events
Owner dependency
93/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 33 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
33 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Ross Morrison Individual · Scottish · DOB 03/1966 · age 60 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| J & M MCCALLUM LIMITED→ SC480448 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| J&N INVESTMENTS SCOTLAND LTD→ SC699439 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| J&S SANDEMAN LTD→ SC641196 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| JACK 1 2 3 PROPERTIES LIMITED→ SC228562 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| JACKSON PROPERTY SCOTLAND LIMITED→ SC727972 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| JASPAR LIMITED→ SC236699 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| JENZ PROPERTY LTD→ SC649456 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| JHM PROPERTY SERVICES LTD→ SC847008 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JOHN ROSS SMART HOMES LTD→ SC737222 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| JOHNSTON VENTURES LIMITED→ SC721267 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| JON CHARLES DOIG ESTATES LTD→ SC842082 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| JONA PROPERTIES LTD→ SC733525 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1993-09-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
56 Torridon Road
Broughty Ferry
Dundee
Tayside
DD5 3JH
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09
Officers (1 active · 3 resigned)
MORRISON, James Ross→
Activedirector · ~60y · appointed 1993-09-15
View their other companies + combined net worth →
MORRISON, Yvonne Christina→
Resignedsecretary · appointed 1993-09-15 · resigned 2007-08-06
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1993-09-09 · resigned 1993-09-15
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1993-09-09 · resigned 1993-09-15
Click a director name to see their full track record across all companies.
Mortgages & charges
38
Total charges
33
Outstanding
3
Active lenders
Status:Lender:38 of 38 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 2 properties | 19/09/2018 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 15/02/2018 | — | |
| outstanding | National Grid Property Holdings National Grid Property Holdings Limited | A registered charge | 1 property | 02/04/2014 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 09/08/2013 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 16/04/2013 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 26/06/2012 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 28/11/2011 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 10/02/2010 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/09/2005 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/10/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/09/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/06/2004 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/06/2004 | 01/09/2007 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/02/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/02/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/02/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/02/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 04/01/2002 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 2 properties | 31/12/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 27/12/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 27/12/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/12/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/12/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/12/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 28/11/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 03/11/2000 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 12/12/1997 | 16/03/1999 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/05/1997 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/03/1997 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Assignation | 1 property | 17/12/1996 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 15/10/1996 | 07/02/1997 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 11/10/1996 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 11/10/1996 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 11/10/1996 | 07/02/1997 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/09/1995 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/03/1995 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 05/11/1993 | 13/03/2002 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/10/1993 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (122 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
change-account-reference-date-company-previous-extended
accounts · AA01
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-28