JRI PROPERTIES LIMITED
🌳Matureactive
SC244334 · ltd · incorporated 2003-02-20
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · oldest 22.7y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 22.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 | 2025-04-30 | 2024-04-30 |
|---|---|---|
| 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
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-31🔓Charge satisfied #5
- 2024-07-31🔓Charge satisfied #4
- 2024-07-31🔓Charge satisfied #3
- 2024-07-31🔓Charge satisfied #2
- 2024-07-31🔓Charge satisfied #1
- 2024-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-26📄capital-allotment-sharescapital · SH01
- 2023-04-19📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2022-11-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-10-18➕JOHNSTONE, Elaine Margaret appointeddirector
- 2010-10-05➖REID, John Robertson resigneddirector
- 2004-08-23🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2003-09-19🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2003-09-19🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2003-09-19🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2003-08-19🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-04-04➕JOHNSTONE, Ian James appointedsecretary
- 2003-04-04➕JOHNSTONE, Ian James appointeddirector
- 2003-04-04➖BLP SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-04-04➕REID, John Robertson appointeddirector
- 2003-04-04➖BLP CREATIONS LIMITED resignedcorporate-nominee-director
- 2003-04-04➖BLP FORMATIONS LIMITED resignedcorporate-nominee-director
- 2003-02-20🏢Company incorporatedAs JRI PROPERTIES LIMITED
- 2003-02-20➕BLP SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-02-20➕BLP CREATIONS LIMITED appointedcorporate-nominee-director
- 2003-02-20➕BLP FORMATIONS LIMITED appointedcorporate-nominee-director
Owner dependency
91/100
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.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +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 66. 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 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian James Johnstone Individual · British · DOB 01/1962 · age 64 | — | — | sig. influencesignificant influence · trust interest · firm interest | 06/04/2016 |
Mrs Elaine Margaret Johnstone Individual · British · DOB 06/1960 · age 66 | — | — | sig. influencesignificant influence · trust interest · firm interest | 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 · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EK DEVELOPMENTS LIMITED→ SC343555 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ELAR PROPERTY LTD→ SC826238 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ELITE INVESTMENTS LIMITED→ SC777856 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EMILY SHAKARJI LTD→ SC603211 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| EMPIRE PROPERTIES (SCOTLAND) LIMITED→ SC711186 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| EXPRESS HOME SOLUTIONS LTD→ SC861864 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FITTING AND MAINTENANCE LTD→ SC494722 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| FNP PROPERTY LIMITED→ SC709376 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FORMICARIUM LTD.→ SC568463 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| FORSYTH PROPERTY HOLDINGS LIMITED→ SC719595 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| FRAME ENERGY LIMITED→ SC829466 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FRANCOS MOSSDALE LIMITED→ SC418671 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2003-02-20
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
47 Adele Street
Motherwell
North Lanarkshire
ML1 2QE
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26
Officers (3 active · 4 resigned)
JOHNSTONE, Ian James→
Activesecretary · appointed 2003-04-04
View their other companies + combined net worth →
JOHNSTONE, Elaine Margaret→
Activedirector · ~66y · appointed 2010-10-18
View their other companies + combined net worth →
JOHNSTONE, Ian James→
Activedirector · ~64y · appointed 2003-04-04
View their other companies + combined net worth →
BLP SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-02-20 · resigned 2003-04-04
REID, John Robertson→
Resigneddirector · ~78y · appointed 2003-04-04 · resigned 2010-10-05
BLP CREATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-02-20 · resigned 2003-04-04
BLP FORMATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-02-20 · resigned 2003-04-04
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 23/08/2004 | 31/07/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 19/09/2003 | 31/07/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 19/09/2003 | 31/07/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 2 properties | 19/09/2003 | 31/07/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 19/08/2003 | 31/07/2024 |
Recent filings (81 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-31
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-31
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-31
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-31
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-17
capital-allotment-shares
capital · SH01
2023-04-26
capital-variation-of-rights-attached-to-shares
capital · SH10
2023-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21