JAYMAX PROPERTY LIMITED

💤Zombieactive
SC234165 · ltd · incorporated 2002-07-16
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 Dec 2024
Net worth
£1.16M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 71-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 71). 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 (73/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 20.6y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 4 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
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
78/100Strong
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
82
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 £1,158,764
Cash YoY
+54%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£15k
↑ 54% YoY
Net Worth
£1.2m
~ YoY
Current Assets
—
Current Liabilities
—
£0£232k£464k£695k£927k£1.2mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.69M£1.69M
Cash£15.0k£9.7k
Net assets£1.16M£1.15M

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 (37 events)Click to expand
  1. 2025-08-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-06-12
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  9. 2019-06-12
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2018-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-08-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2015-08-10
    ➖
    MACDONALD, Morna resigned
    director
  16. 2015-08-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2015-01-21
    ➕
    WHITELAW WELLS appointed
    corporate-secretary
  18. 2015-01-21
    ➖
    MCINNES, John Stewart Fraser resigned
    secretary
  19. 2012-06-06
    ➕
    MACDONALD, Morna appointed
    director
  20. 2011-08-01
    ➖
    MCINNES, Suzanne Lucette resigned
    director
  21. 2010-07-14
    ➕
    MCINNES, Suzanne Lucette appointed
    director
  22. 2010-07-09
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  23. 2010-07-09
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  24. 2008-02-28
    🔒
    Charge registered #5
    Lender: Edinburgh World Heritage Trust
  25. 2007-09-18
    ➖
    MCINNES, Jehan resigned
    director
  26. 2006-08-17
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  27. 2006-08-17
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  28. 2005-10-07
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  29. 2005-10-07
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  30. 2002-07-16
    🏢
    Company incorporated
    As JAYMAX PROPERTY LIMITED
  31. 2002-07-16
    ➕
    MCINNES, John Stewart Fraser appointed
    director
  32. 2002-07-16
    ➕
    MCINNES, John Stewart Fraser appointed
    secretary
  33. 2002-07-16
    ➕
    ACS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  34. 2002-07-16
    ➖
    ACS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  35. 2002-07-16
    ➕
    MCINNES, Jehan appointed
    director
  36. 2002-07-16
    ➕
    ACS NOMINEES LIMITED appointed
    corporate-nominee-director
  37. 2002-07-16
    ➖
    ACS NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +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.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • 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 low
7 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Mcinnes
Individual · British · DOB 11/1955 · age 71
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2002-07-16
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

9 Ainslie Place
Edinburgh
EH3 6AT

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-30
Last: 2025-07-16

Officers (2 active · 6 resigned)

WHITELAW WELLS→
corporate-secretary · appointed 2015-01-21
View their other companies + combined net worth →
Active
MCINNES, John Stewart Fraser→
director · ~71y · appointed 2002-07-16
View their other companies + combined net worth →
Active
MCINNES, John Stewart Fraser→
secretary · appointed 2002-07-16 · resigned 2015-01-21
Resigned
ACS SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2002-07-16 · resigned 2002-07-16
Resigned
MACDONALD, Morna→
director · ~61y · appointed 2012-06-06 · resigned 2015-08-10
Resigned
MCINNES, Jehan→
director · ~67y · appointed 2002-07-16 · resigned 2007-09-18
Resigned
MCINNES, Suzanne Lucette→
director · ~69y · appointed 2010-07-14 · resigned 2011-08-01
Resigned
ACS NOMINEES LIMITED→
corporate-nominee-director · appointed 2002-07-16 · resigned 2002-07-16
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

7
Total charges
7
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Standard security2 properties09/07/2010—
outstanding
National Westminster Bank
National Westminster Bank PLC
Standard security2 properties09/07/2010—
outstanding
Edinburgh World Heritage Trust
Standard security1 property28/02/2008—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/08/2006—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/08/2006—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property07/10/2005—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property07/10/2005—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (75 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2019-07-24
capital-variation-of-rights-attached-to-shares
capital · SH10
2019-06-12