J & A WORKSPACE LIMITED

🌳Matureactive
SC257663 · ltd · incorporated 2003-10-15
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 19.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£101.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Renting and leasing of construction and civil engineering machinery and equipment
Sector: Administrative & support services
Investor take
Pursue
Asset-holding vehicle with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 75). 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 19.5y

70/100
ready

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

  • · Oldest live charge is 19.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £101,521

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£102k
↑ 12% YoY
Current Assets
£15k
↑ 729% YoY
Current Liabilities
—
£0£20k£41k£61k£81k£102kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£102.2k£91.7k
Current assets£15.5k£1.9k
Net assets£101.5k£91.0k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2020-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2020-10-28
    🔓
    Charge satisfied #2
  10. 2020-10-28
    🔓
    Charge satisfied #1
  11. 2020-05-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-12-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-08-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2008-12-18
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  18. 2006-11-10
    🔒
    Charge registered #1
    Lender: The Fife Council
  19. 2003-11-12
    ➕
    BOAG, Anne Donaldson appointed
    secretary
  20. 2003-11-12
    ➕
    BOAG, Anne Donaldson appointed
    director
  21. 2003-11-12
    ➕
    BOAG, John Paterson appointed
    director
  22. 2003-11-12
    ➖
    THORNTONS WS resigned
    corporate-secretary
  23. 2003-11-12
    ➖
    HUTCHESON, Iain Henderson resigned
    director
  24. 2003-10-15
    🏢
    Company incorporated
    As J & A WORKSPACE LIMITED
  25. 2003-10-15
    ➕
    THORNTONS WS appointed
    corporate-secretary
  26. 2003-10-15
    ➕
    HUTCHESON, Iain Henderson appointed
    director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 75 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 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

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Paterson Boag
Individual · British · DOB 07/1951 · age 75
——sig. influencesignificant influence06/04/2016

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 →

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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
Incorporated2003-10-15
Jurisdictionscotland
Primary SIC77320 — Renting and leasing of construction and civil engineering machinery and equipment

Registered office

26 Balgove Road
Gauldry
Newport-On-Tay
DD6 8SH
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04

Officers (3 active · 2 resigned)

BOAG, Anne Donaldson→
secretary · appointed 2003-11-12
View their other companies + combined net worth →
Active
BOAG, Anne Donaldson→
director · ~75y · appointed 2003-11-12
View their other companies + combined net worth →
Active
BOAG, John Paterson→
director · ~75y · appointed 2003-11-12
View their other companies + combined net worth →
Active
THORNTONS WS→
corporate-secretary · appointed 2003-10-15 · resigned 2003-11-12
Resigned
HUTCHESON, Iain Henderson→
director · ~64y · appointed 2003-10-15 · resigned 2003-11-12
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property18/12/200828/10/2020
satisfied
The Fife Council
Standard security1 property10/11/200628/10/2020

Recent filings (62 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-20
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-28
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-16