JACK 1 2 3 PROPERTIES LIMITED
💤Zombieactive
SC228562 · ltd · incorporated 2002-02-27
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
70/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 6 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
11 live charges · 2 lenders · oldest 24.0y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-03🔓Charge satisfied #9
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-07➖HORNE, Jonathan Henry resigneddirector
- 2017-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2009-05-15🔓Charge satisfied #4
- 2009-02-05➕HORNE, Jonathan Henry appointeddirector
- 2007-11-20🔓Charge satisfied #5
- 2007-11-20🔓Charge satisfied #2
- 2007-11-20🔓Charge satisfied #1
- 2007-09-12🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2007-07-19🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2007-06-22🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2007-06-01➕HORNE, Jonathan Henry appointedsecretary
- 2007-06-01➖FERGUSON, Colin Iain Stewart resigneddirector
- 2003-08-25🔒Charge registered #8Lender: Clydesdale Bank Public Limited Company
- 2003-07-10🔒Charge registered #7Lender: Clydesdale Bank Public Limited Company
- 2003-07-08🔒Charge registered #6Lender: Clydesdale Bank Public Limited Company
- 2002-09-02🔒Charge registered #5Lender: Clydesdale Bank Public Limited Company
- 2002-07-29🔒Charge registered #4Lender: Clydesdale Bank Public Limited Company
- 2002-07-11🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 2002-06-13🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2002-05-08🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2002-03-21➕HORNE, Martine appointedsecretary
- 2002-03-21➕HORNE, Martine appointeddirector
- 2002-03-21➖GLEN, Jeremy Stewart resignednominee-secretary
- 2002-03-21➖DUNN, Alastair Kenneth resignednominee-director
- 2002-03-21➕FERGUSON, Colin Iain Stewart appointeddirector
- 2002-03-21➖GLEN, Jeremy Stewart resignednominee-director
- 2002-02-27🏢Company incorporatedAs JACK 1 2 3 PROPERTIES LIMITED
- 2002-02-27➕GLEN, Jeremy Stewart appointednominee-secretary
- 2002-02-27➕DUNN, Alastair Kenneth appointednominee-director
- 2002-02-27➕GLEN, Jeremy Stewart appointednominee-director
Owner dependency
85/100
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 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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.
6 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 |
|---|---|---|---|---|
Mrs Martine Horne Individual · British · DOB 12/1971 · age 55 | 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 |
|---|---|---|---|---|---|---|---|
| KJN PROPERTYS LTD→ SC607909 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| KOP ESTATES LIMITED→ SC859785 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KRATOS INVESTMENTS (UK) LIMITED→ SC539392 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| L.T.D. PROPERTIES LTD→ SC638974 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LADBROOK PROPERTY INVESTMENTS LIMITED→ SC692464 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| LJR ENTERPRISES LTD→ SC803103 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LL INVESTMENTS AND DEVELOPMENTS LTD→ SC811086 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LOCHEND LEASE LIMITED→ SC345045 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| LRMS HOLDINGS LTD→ SC842612 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LS41 LTD→ SC760525 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LSM PROPERTY LIMITED→ SC538188 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| LUCKLAW PROPERTIES EAST LIMITED→ SC736983 · 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
Incorporated2002-02-27
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
22-26 Seagate
Dundee
Angus
DD1 2EQ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20
Officers (3 active · 5 resigned)
HORNE, Jonathan Henry→
Activesecretary · appointed 2007-06-01
View their other companies + combined net worth →
Active
HORNE, Martine→
Activedirector · ~55y · appointed 2002-03-21
View their other companies + combined net worth →
GLEN, Jeremy Stewart→
Resignednominee-secretary · appointed 2002-02-27 · resigned 2002-03-21
DUNN, Alastair Kenneth→
Resignednominee-director · ~60y · appointed 2002-02-27 · resigned 2002-03-21
FERGUSON, Colin Iain Stewart→
Resigneddirector · ~52y · appointed 2002-03-21 · resigned 2007-06-01
GLEN, Jeremy Stewart→
Resignednominee-director · ~60y · appointed 2002-02-27 · resigned 2002-03-21
HORNE, Jonathan Henry→
Resigneddirector · ~46y · appointed 2009-02-05 · resigned 2018-02-07
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
6
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/09/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 19/07/2007 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 22/06/2007 | 03/07/2025 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 25/08/2003 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 10/07/2003 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 08/07/2003 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 02/09/2002 | 20/11/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 29/07/2002 | 15/05/2009 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 11/07/2002 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/06/2002 | 20/11/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 08/05/2002 | 20/11/2007 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (87 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-23