JERWIN COATINGS LTD
🌳Matureactive
SC206767 · ltd · incorporated 2000-05-03
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 19.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueActive trading company with a 64-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 64). 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 (65/100).
🏦
Refinance opportunity
1 live charge · oldest 19.0y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (76/100)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
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
79 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 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 | 2025-01-31 | 2024-01-31 |
|---|
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 (27 events)Click to expand
- 2025-07-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-17📄resolutionresolution · RESOLUTIONS
- 2019-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-02📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2019-05-02📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2019-05-02📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2019-05-02📄capital-name-of-class-of-sharescapital · SH08
- 2019-05-02📄statement-of-companys-objectschange-of-constitution · CC04
- 2018-05-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2007-04-18🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2000-05-10➕ERWIN, Sally appointedsecretary
- 2000-05-10➕ERWIN, John appointeddirector
- 2000-05-10➕ERWIN, Sally appointeddirector
- 2000-05-03🏢Company incorporatedAs JERWIN COATINGS LTD
- 2000-05-03➕COSEC LIMITED appointedcorporate-nominee-secretary
- 2000-05-03➖COSEC LIMITED resignedcorporate-nominee-secretary
- 2000-05-03➕CODIR LIMITED appointedcorporate-nominee-director
- 2000-05-03➖CODIR LIMITED resignedcorporate-nominee-director
- 2000-05-03➕COSEC LIMITED appointedcorporate-nominee-director
- 2000-05-03➖COSEC LIMITED resignedcorporate-nominee-director
Owner dependency
99/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "ERWIN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 26 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
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. 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 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Erwin Individual · British · DOB 03/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/04/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| KILTMAKER & CO LIMITED→ SC614716 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| LANARKSHIRE ADVERTISING LTD→ SC710716 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LANARKSHIRE LABORATORIES LTD→ SC664533 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| LANARKSHIRE SMALL PLANT REPAIR SERVICES LTD→ SC866078 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LANARKSHIRE WELDING COMPANY LIMITED→ SC023232 · est 1945 · no financials extracted | — | — | — | — | 81y | — | — |
| LEROC DRILLING LTD→ SC809524 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LIFT AND MOBILITY SOLUTIONS (SCOTLAND) LTD→ SC643358 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2000-05-03
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
Marchview Cottage
Jerviswood Nursery
Lanark
ML11 7RH
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14
Officers (3 active · 3 resigned)
Active
Active
ERWIN, Sally→
Activedirector · ~62y · appointed 2000-05-10
View their other companies + combined net worth →
COSEC LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-05-03 · resigned 2000-05-03
CODIR LIMITED→
Resignedcorporate-nominee-director · appointed 2000-05-03 · resigned 2000-05-03
COSEC LIMITED→
Resignedcorporate-nominee-director · appointed 2000-05-03 · resigned 2000-05-03
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 18/04/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (79 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-28
resolution
resolution · RESOLUTIONS
2019-05-17