JONATHAN ADAM RACING LIMITED

🌳Matureactive
SC266337 · ltd · incorporated 2004-04-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£152.7k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £152,666
Net assets shrinking
Down £17,978 YoY
Cash YoY
-1%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£63k
~ YoY
Net Worth
£153k
↓ 11% YoY
Current Assets
£70k
↓ 12% YoY
Current Liabilities
—
£0£34k£68k£102k£137k£171kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£163.7k£183.0k
Current assets£70.4k£80.3k
Cash£62.9k£63.3k
Debtors£7.4k£17.0k
Net assets£152.7k£170.6k

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-10
    ➕
    ADAM, Jonathan Robert appointed
    secretary
  4. 2024-04-10
    ➖
    ADAM, Lyndsay Janetta resigned
    secretary
  5. 2024-04-10
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2024-04-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-04-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2024-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-02-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-07-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-12-18
    ➕
    ADAM, Rachel Annie appointed
    director
  16. 2020-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-07-03
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  20. 2018-07-03
    📄
    capital-name-of-class-of-shares
    capital · SH08
  21. 2007-04-13
    ➖
    ADAM, John Henry resigned
    secretary
  22. 2007-04-13
    ➕
    ADAM, Lyndsay Janetta appointed
    secretary
  23. 2007-04-13
    ➖
    ADAM, John Henry resigned
    director
  24. 2004-04-13
    🏢
    Company incorporated
    As JONATHAN ADAM RACING LIMITED
  25. 2004-04-13
    ➕
    ADAM, Jonathan appointed
    director
  26. 2004-04-13
    ➕
    ADAM, John Henry appointed
    secretary
  27. 2004-04-13
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  28. 2004-04-13
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  29. 2004-04-13
    ➕
    ADAM, John Henry appointed
    director
  30. 2004-04-13
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  31. 2004-04-13
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-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.
  • +Founder name in company name: Company name contains director surname "ADAM" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • 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.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jonathan Robert Adam
Individual · British · DOB 09/1984 · age 42
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

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.

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
Incorporated2004-04-13
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

54 East Vows Walk
Kirkcaldy
Fife
KY1 1SQ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-27
Last: 2026-04-13

Officers (3 active · 5 resigned)

ADAM, Jonathan Robert→
secretary · appointed 2024-04-10
View their other companies + combined net worth →
Active
ADAM, Jonathan→
director · ~42y · appointed 2004-04-13
View their other companies + combined net worth →
Active
ADAM, Rachel Annie→
director · ~35y · appointed 2020-12-18
View their other companies + combined net worth →
Active
ADAM, John Henry→
secretary · appointed 2004-04-13 · resigned 2007-04-13
Resigned
ADAM, Lyndsay Janetta→
secretary · appointed 2007-04-13 · resigned 2024-04-10
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2004-04-13 · resigned 2004-04-13
Resigned
ADAM, John Henry→
director · ~79y · appointed 2004-04-13 · resigned 2007-04-13
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2004-04-13 · resigned 2004-04-13
Resigned

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

Recent filings (73 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
appoint-person-secretary-company-with-name-date
officers · AP03
2024-04-10
change-person-director-company-with-change-date
officers · CH01
2024-04-10
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-10
change-person-director-company-with-change-date
officers · CH01
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-18