J C 2 LIMITED
💤Zombieactive
SC251941 · ltd · incorporated 2003-06-27
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£228.2k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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: portfolio break-up (40/100).
🏦
Refinance opportunity
14 live charges · 3 lenders · oldest 22.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
79 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
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £228,200
Net assets shrinking
Down £68,620 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£228k
↓ 23% YoY
Current Assets
£180k
↑ 14% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £180.1k | £157.5k |
| Current assets | £180.1k | £157.5k |
| Net assets | £228.2k | £296.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
5
filings
- • 2 persons-with-significant-control
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
6
filings
- • 2 persons-with-significant-control
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2026-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-04-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-04-02📄capital-allotment-sharescapital · SH01
- 2026-03-05📄resolutionresolution · RESOLUTIONS
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-12🔒Charge registered #14Lender: The Aldermore Bank PLC
- 2025-12-12🔒Charge registered #13Lender: The Aldermore Bank PLC
- 2025-12-12🔒Charge registered #12Lender: The Aldermore Bank PLC
- 2025-12-12🔒Charge registered #11Lender: The Aldermore Bank PLC
- 2025-12-12🔒Charge registered #10Lender: The Aldermore Bank PLC
- 2025-12-12🔒Charge registered #9Lender: The Aldermore Bank PLC
- 2025-12-12🔒Charge registered #8Lender: The Aldermore Bank PLC
- 2025-12-09🔒Charge registered #7Lender: The Aldermore Bank PLC
- 2025-04-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-09-07📄gazette-notice-compulsorygazette · GAZ1
- 2014-04-06➕CARPY, John Christopher James appointeddirector
- 2014-04-06➖CARPY, John Christopher James resignedsecretary
- 2014-04-06➖HAY, Felicity Elizabeth Muriel resigneddirector
- 2008-04-03🔒Charge registered #6Lender: Clydesdale Bank PLC
- 2007-11-09🔒Charge registered #5Lender: Clydesdale Bank Public Limited Company
- 2006-09-07🔒Charge registered #4Lender: Clydesdale Bank Public Limited Company
- 2006-08-31🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 2003-08-28🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2003-08-08🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2003-06-27🏢Company incorporatedAs J C 2 LIMITED
- 2003-06-27➕CARPY, John Christopher James appointedsecretary
- 2003-06-27➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2003-06-27➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2003-06-27➕HAY, Felicity Elizabeth Muriel appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
- 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 · 1 low8 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-12-12: A registered charge; 2025-12-12: A registered charge; 2025-12-12: A registered charge
14 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 |
|---|---|---|---|---|
Mr John Christopher James Carpy Individual · British · DOB 03/1981 · age 45 | 75–100% | — | board controlsig. influence75-100% shares · board control · significant influence · firm interest | 06/04/2016 |
1 historic (ceased) PSC
- Mr Jay Carpyceased 28/04/2026· significant influence
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 · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JS PROPERTY (SCOTLAND) LIMITED→ SC265091 · est 2004 | £838.4k £712.6k–£964.1k | — | £838.4k | — | 22y | 82 | 66y |
| LLAFRANC PROPERTIES LIMITED→ SC213190 · est 2000 | £765.8k £650.9k–£880.6k | — | £765.8k | — | 25y | 82 | 67y |
| VILLAFIELD LTD.→ SC339039 · est 2008 | £533.9k £453.8k–£614.0k | — | £533.9k | — | 18y | 82 | 58y |
| CHURCH STREET INVESTMENTS (INVERNESS) LIMITED→ SC296811 · est 2006 | £472.3k £401.4k–£543.1k | — | £472.3k | — | 20y | 82 | 67y |
| R & H PROPERTIES LTD.→ SC197981 · est 1999 | £447.6k £380.5k–£514.8k | — | £447.6k | — | 26y | 82 | 66y |
| DIS INVESTMENTS LIMITED→ SC228996 · est 2002 | £372.7k £316.8k–£428.6k | — | £372.7k | — | 24y | 82 | 64y |
| CHINA PALACE (GLASGOW) LIMITED→ SC309502 · est 2006 | £232.6k £197.7k–£267.5k | — | £232.6k | — | 19y | 81 | 64y |
| A. MCCALLUM (PROPERTIES) LIMITED→ SC148001 · est 1993 | £168.8k £143.5k–£194.1k | — | £168.8k | — | 32y | 82 | 60y |
| CENTRAL SCOTLAND HOMES LIMITED→ SC351414 · est 2008 | £134.5k £114.3k–£154.6k | — | £134.5k | — | 17y | 82 | 93y |
| VIRGIL LTD.→ SC370740 · est 2010 | £115.5k £98.2k–£132.9k | — | £115.5k | — | 16y | 82 | 58y |
| ALPHA EQUITIES LIMITED→ SC331034 · est 2007 | £105.8k £89.9k–£121.6k | — | £105.8k | — | 18y | 83 | 63y |
| SOLSO LIMITED→ SC334086 · est 2007 | £57.5k £48.9k–£66.1k | — | £57.5k | — | 18y | 83 | 60y |
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
Incorporated2003-06-27
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
1 Albert Place
Stirling
FK8 2QL
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10
Officers (1 active · 3 resigned)
CARPY, John Christopher James→
Activedirector · ~45y · appointed 2014-04-06
View their other companies + combined net worth →
CARPY, John Christopher James→
Resignedsecretary · appointed 2003-06-27 · resigned 2014-04-06
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-06-27 · resigned 2003-06-27
HAY, Felicity Elizabeth Muriel→
Resigneddirector · ~84y · appointed 2003-06-27 · resigned 2014-04-06
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
14
Outstanding
2
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore The Aldermore Bank PLC | A registered charge | 1 property | 12/12/2025 | — | |
| outstanding | Aldermore The Aldermore Bank PLC | A registered charge | 1 property | 12/12/2025 | — | |
| outstanding | Aldermore The Aldermore Bank PLC | A registered charge | 1 property | 12/12/2025 | — | |
| outstanding | Aldermore The Aldermore Bank PLC | A registered charge | 1 property | 12/12/2025 | — | |
| outstanding | Aldermore The Aldermore Bank PLC | A registered charge | 1 property | 12/12/2025 | — | |
| outstanding | Aldermore The Aldermore Bank PLC | A registered charge | 1 property | 12/12/2025 | — | |
| outstanding | Aldermore The Aldermore Bank PLC | A registered charge | 1 property | 12/12/2025 | — | |
| outstanding | Aldermore The Aldermore Bank PLC | A registered charge | 1 property | 09/12/2025 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 03/04/2008 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 09/11/2007 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 07/09/2006 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 31/08/2006 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 28/08/2003 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 08/08/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (79 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-04-10
capital-allotment-shares
capital · SH01
2026-04-02
resolution
resolution · RESOLUTIONS
2026-03-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-01