NORMAN JAMIESON LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 22.6y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — 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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 24 | 2300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-08-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-02-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-07-18📄change-person-director-company-with-change-dateofficers · CH01
- 2016-07-18📄change-person-director-company-with-change-dateofficers · CH01
- 2016-03-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-05-21🔒Charge registered #4Lender: Lloyds Tsb Commercial Finance Limited, No 1 Brookhill Way, Banbury, Oxon, OX16 3EL
- 2011-03-15🔓Charge satisfied #3
- 2011-03-15🔓Charge satisfied #2
- 2004-01-16🔒Charge registered #3Lender: Norman Jamieson and Another
- 2004-01-16🔒Charge registered #2Lender: Norman Jamieson and Another
- 2003-10-02🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2002-06-20🏢Company incorporatedAs NORMAN JAMIESON LIMITED
- 2002-06-20➕DOUGLAS, Lynne appointedsecretary
- 2002-06-20➕DOUGLAS, Lynne appointeddirector
- 2002-06-20➕JAMIESON, Stuart appointeddirector
- 2002-06-20➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2002-06-20➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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 "JAMIESON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart Jamieson Individual · British · DOB 02/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/06/2017 |
Mrs Lynne Douglas Individual · British · DOB 07/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/06/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (3 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited, No 1 Brookhill Way, Banbury, Oxon, OX16 3EL | A registered charge | 1 property | 21/05/2013 | — | |
| satisfied | Norman Jamieson and Another | Standard security | 1 property | 16/01/2004 | 15/03/2011 | |
| satisfied | Norman Jamieson and Another | Standard security | 1 property | 16/01/2004 | 15/03/2011 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 02/10/2003 | — |