JK DECORATORS LTD

💤Zombieactive
SC269100 · ltd · incorporated 2004-06-11
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 opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 70
  • · Opportunity score: 80 → 72
  • · Bankability: 75 → 65
  • · Distress / opportunity: avoid → attractive
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • ↓Opportunity score: 80 → 72
  • ↓Hygiene score: 90 → 70
  • ↓Bankability: 75 → 65
  • ·Distress / opportunity: avoid → attractive
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 Jun 2025
Net worth
£151.9k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Painting
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £151,911
Cash YoY
+486%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£140k
↑ 486% YoY
Net Worth
£152k
↑ 694% YoY
Current Assets
£350k
↑ 121% YoY
Current Liabilities
—
£0£70k£140k£210k£280k£350kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£165.4k£25.1k
Current assets£350.2k£158.3k
Cash£140.4k£23.9k
Debtors£209.8k£134.4k
Net assets£151.9k£19.1k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-10-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-09-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-02-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-07-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-02-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-12-08
    📄
    second-filing-of-form-with-form-type-made-up-date
    document-replacement · RP04
  17. 2004-06-11
    🏢
    Company incorporated
    As JK DECORATORS LTD
  18. 2004-06-11
    ➕
    KERR, Catherine appointed
    secretary
  19. 2004-06-11
    ➕
    KERR, Jim appointed
    director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +No director turnover: Company is 22 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong 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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-25

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Jim Kerr
Individual · British · DOB 10/1960 · age 66
25–50%
25–50%25-50% shares · 25-50% voting12/06/2016
Mrs Catherine Kerr
Individual · British · DOB 03/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting12/06/2016

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

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CENTRAL DEMOLITION LIMITED→
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————52y8384y
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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
Incorporated2004-06-11
Jurisdictionscotland
Primary SIC43341 — Painting

Registered office

3e Wallace House
Maxwell Place
Stirling
FK8 1JU
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-25OVERDUE
Last: 2025-06-11

Officers (2 active · 0 resigned)

KERR, Catherine→
secretary · appointed 2004-06-11
View their other companies + combined net worth →
Active
KERR, Jim→
director · ~66y · appointed 2004-06-11
View their other companies + combined net worth →
Active

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

Recent filings (49 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-18