S & J JOINERS (FORFAR) LIMITED

🌳Matureactive

SC281618 · ltd · incorporated 2005-03-15

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 12.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£89.4k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Joinery installation

Sector: Construction

Investor take

Pursue

Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 12.9y

85/100

ready

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

· Oldest live charge is 12.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· 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

Lenders & charges

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

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

55 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 · accounting standard not declared

Positive net assets

Net assets £89,408

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£89k

↑ 3.2% YoY

Current Assets

£130k

↑ 33% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£184.5k	£180.9k
Current assets	£129.7k	£97.4k
Net assets	£89.4k	£86.7k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2025-09-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-10-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-15
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-03-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-01
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2013-06-21
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2005-03-15
🏢
Company incorporated
As S & J JOINERS (FORFAR) LIMITED
2005-03-15
➕
FERRIER, Stuart Allan appointed
secretary
2005-03-15
➕
BONI, John appointed
director
2005-03-15
➕
FERRIER, Stuart Allan appointed
director
2005-03-15
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2005-03-15
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2005-03-15
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2005-03-15
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

76/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

86/100

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 63. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
John Boni Individual · British · DOB 02/1963 · age 63	25–50%	—	25-50% shares	06/04/2016
Stuart Allan Ferrier Individual · British · DOB 11/1971 · age 55	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.

🔒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 · Construction · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SSN FULL SYSTEM LTD→ SC838824 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
TEMPLETON CONTRACTS LTD→ SC565144 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
TENTEN HOMES LIMITED→ SC825599 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
THE DUNDEE DECORATING COMPANY LTD→ SC555468 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
THE DUNDEE JOINER LTD→ SC788566 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
THE FLOOR STORE (DUNDEE) LIMITED→ SC635556 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
THE PLASTER MASTER CALEDONIA LIMITED→ SC613716 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
THE STIRLING GROUP LIMITED→ SC859595 · est 2025 · no financials extracted	—	—	—	—	—	—	—
THE TILING GIANT LTD→ SC739292 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
THISTLE DEVELOPMENTS LTD→ SC541917 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
TLA HOUSING SERVICES LTD→ SC668664 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
TLR (SCOTLAND) LIMITED→ SC456397 · est 2013 · no financials extracted	—	—	—	—	12y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2005-03-15

Jurisdictionscotland

Primary SIC43320 — Joinery installation

Registered office

15 Academy Street

Forfar

DD8 2HA

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-24

Last: 2026-03-10

Officers (3 active · 2 resigned)

FERRIER, Stuart Allan→

secretary · appointed 2005-03-15

View their other companies + combined net worth →

Active

BONI, John→

director · ~63y · appointed 2005-03-15

View their other companies + combined net worth →

Active

FERRIER, Stuart Allan→

director · ~55y · appointed 2005-03-15

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2005-03-15 · resigned 2005-03-15

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2005-03-15 · resigned 2005-03-15

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	01/07/2013	—
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	21/06/2013	—

Click column headers to sort. Use filters above to narrow by status and lender.