JJL GROUNDWORKS (AYR) LTD.

🌳Matureactive

SC256402 · ltd · incorporated 2003-09-22

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 17.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£2.22M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Construction of other civil engineering projects n.e.c.

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 17.8y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 17.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

8 officers (6 active, 8 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £2,218,094

Cash YoY

-11%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£202k

↓ 11% YoY

Net Worth

£2.2m

↑ 6.5% YoY

Current Assets

£2.5m

↑ 17% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£2.45M	£2.37M
Current assets	£2.47M	£2.11M
Cash	£201.8k	£226.0k
Debtors	£911.1k	£686.1k
Net assets	£2.22M	£2.08M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 officers

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2026-02-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-01
➕
SUTHERLAND, James appointed
director
2025-10-16
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-16
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-02
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-10
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-07
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-03
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-17
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-06-01
➕
HAMILTON, David appointed
director
2021-03-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-12-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-02
➕
MCKNIGHT, Ross appointed
director
2019-11-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-12-11
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-01-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-17
📄
mortgage-satisfy-charge-full
mortgage · MR04
2017-10-17
🔓
Charge satisfied #1
2016-11-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-06-17
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2008-08-08
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2003-09-22
🏢
Company incorporated
As JJL GROUNDWORKS (AYR) LTD.
2003-09-22
➕
MCHARG, William Gray appointed
secretary
2003-09-22
➕
LYMBURN, James Thom appointed
director
2003-09-22
➕
LYMBURN, Martin John appointed
director
2003-09-22
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2003-09-22
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2003-09-22
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2003-09-22
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Martin Lymburn Individual · British · DOB 02/1971 · age 55	25–50%	25–50%	25-50% shares · 25-50% voting	01/12/2022
Mr James Lymburn Individual · British · DOB 01/1968 · age 58	25–50%	—	25-50% shares	06/04/2016

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

Similar companies

Active · Construction · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MCTAGGART CONSTRUCTION LIMITED→ SC042957 · est 1965	£13.64M £9.74M–£17.53M	—	—	152	60y	85	61y
MCTAGGART GROUP LIMITED→ SC314901 · est 2007	£10.61M £7.58M–£13.63M	—	—	0	19y	83	61y
DALCON LIMITED→ SC327630 · est 2007	£6.00M £4.28M–£7.71M	—	—	96	18y	88	58y
ABN SERVICES CO. LTD.→ SC216960 · est 2001	£187.1k £133.6k–£240.6k	—	—	35	25y	83	61y
BWA NEXUS LIMITED→ SC205639 · est 2000	£70.3k £50.3k–£90.5k	—	—	3	26y	92	62y
ALBA DEWATERING SERVICES LIMITED→ SC235431 · est 2002	—	—	—	40	23y	83	66y
BURNAWN SERVICES LTD→ SC307932 · est 2006	—	—	—	1400	19y	83	58y
CLYDE COAST CONTRACTS LIMITED→ SC068689 · est 1979	—	—	£5.34M	—	46y	83	64y
MCTAGGART CIVILS LIMITED→ SC344109 · est 2008	—	—	—	0	17y	83	61y
RTS CONTRACTS LIMITED→ SC205745 · est 2000	—	—	£961.4k	—	26y	83	61y
WEST SIPHONICS SYSTEMS LIMITED→ SC381758 · est 2010	—	—	£1.84M	—	15y	83	66y
WESTGALE LIMITED→ SC281968 · est 2005	—	—	—	21	21y	83	67y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

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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.

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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.

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Company details

Statusactive

Typeltd

Incorporated2003-09-22

Jurisdictionscotland

Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Macmanniston

Dalrymple

Ayr

KA6 6BT

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-06

Last: 2025-09-22