J & S ALLAN LIMITED

🌳Matureactive
SC289795 · ltd · incorporated 2005-09-02
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 20.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 20.4y

85/100
ready

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

  • · Oldest live charge is 20.4 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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Average employees11001100

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
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-01-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-14
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  4. 2024-10-10
    📄
    memorandum-articles
    incorporation · MA
  5. 2024-10-10
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-08-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-08-27
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  9. 2024-08-27
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  10. 2024-02-05
    📄
    capital-cancellation-shares
    capital · SH06
  11. 2024-01-24
    📄
    capital-return-purchase-own-shares
    capital · SH03
  12. 2024-01-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-01-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-10-30
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2023-10-02
    ➖
    ALLAN, John resigned
    director
  16. 2023-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-06-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2021-06-21
    🔓
    Charge satisfied #1
  21. 2005-12-13
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  22. 2005-09-02
    🏢
    Company incorporated
    As J & S ALLAN LIMITED
  23. 2005-09-02
    ➕
    ALLAN, Sheelagh Spence appointed
    secretary
  24. 2005-09-02
    ➕
    ALLAN, Garry William appointed
    director
  25. 2005-09-02
    ➕
    ALLAN, Sheelagh Spence appointed
    director
  26. 2005-09-02
    ➕
    ALLAN, John appointed
    director

Owner dependency

99/100
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 "ALLAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Sheelagh Spence Allan
Individual · Scottish · DOB 01/1965 · age 61
—75–100%75-100% voting02/09/2016
1 historic (ceased) PSC
  • Mr John Allanceased 02/10/2023· 25-50% voting

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 · Retail · KW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
NORSEPHARM LIMITED→
SC354920 · est 2009
——£862.2k—17y8361y
COLIN CHESSOR LIMITED→
SC293041 · est 2005
————20y8270y
GEORGE MCBEATH LIMITED→
SC235751 · est 2002
——£93.8k—23y8262y
HARBOUR FRY (KIRKWALL) LTD.→
SC248371 · est 2003
——£62.2k—23y8270y
AS&CMS LIMITED→
SC504976 · est 2015
——£88.4k—10y8058y
BRIDGNORTH IRONMONGERS LIMITED→
SC394882 · est 2011
——£82.1k—15y8070y
JOHN M.F. GROAT & SONS LIMITED→
SC065141 · est 1978
———1547y8071y
KINGCRAIG FABRICS (BRORA) LIMITED→
SC356624 · est 2009
——£94.9k—17y8069y
KT SPORTS (ORKNEY) LIMITED→
SC363572 · est 2009
——£483.2k—16y8067y
MACKAYS GARAGE LIMITED→
SC098319 · est 1986
——£1.60M—40y8086y
MURRAY ANDERSON(FLOOR COVERINGS) LTD.→
SC274162 · est 2004
——£260.1k—21y8062y
ORKNEY TELEVISION ENTERPRISE→
SC158081 · est 1995 · no financials extracted
————30y——
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
Incorporated2005-09-02
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

33 North End Road
Stromness
Orkney
KW16 3AG

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-27
Last: 2026-01-13

Officers (3 active · 1 resigned)

ALLAN, Sheelagh Spence→
secretary · appointed 2005-09-02
View their other companies + combined net worth →
Active
ALLAN, Garry William→
director · ~42y · appointed 2005-09-02
View their other companies + combined net worth →
Active
ALLAN, Sheelagh Spence→
director · ~61y · appointed 2005-09-02
View their other companies + combined net worth →
Active
ALLAN, John→
director · ~64y · appointed 2005-09-02 · resigned 2023-10-02
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property13/12/200521/06/2021

Recent filings (63 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
change-person-director-company-with-change-date
officers · CH01
2026-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-10-14
memorandum-articles
incorporation · MA
2024-10-10
resolution
resolution · RESOLUTIONS
2024-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-22
termination-director-company-with-name-termination-date
officers · TM01
2024-08-29
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-08-27
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-08-27
capital-cancellation-shares
capital · SH06
2024-02-05
capital-return-purchase-own-shares
capital · SH03
2024-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-13