STARFISH 9 LTD

📈Growthactive

SC358097 · ltd · incorporated 2009-04-14

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 15.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

£26.35M

year to Mar 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

ALSO REGISTERED FOR

43220Plumbing, heat and air-conditioning installation
43290Other construction installation
43910Roofing activities

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 15.5y

60/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 15.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

12 officers (10 active, 12 linked, 11 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

67 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

82/100Exceptional

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 · FRS 102

Profitable

Profit before tax £8,130,267

Strong revenue growth

Turnover up 35% YoY

Turnover YoY

+35%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Turnover	£26.35M	£19.54M
Gross profit	£12.18M	£7.99M
Operating profit	£8.15M	£4.76M
Profit before tax	£8.13M	£4.74M
Average employees	5500	5700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

• 3 officers
• 1 confirmation-statement
• 1 persons-with-significant-control

Last 180 days

filings

• 3 officers
• 2 address
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (40 events)Click to expand

2026-03-25
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-25
📄
change-person-secretary-company-with-change-date
officers · CH03
2026-03-25
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-17
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-30
📄
accounts-with-accounts-type-full
accounts · AA
2025-05-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-30
➕
MORGAN, Robert Thomas appointed
director
2025-02-27
📄
accounts-with-accounts-type-full
accounts · AA
2024-05-06
➖
MCCABE, Joseph resigned
director
2024-05-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-29
📄
accounts-with-accounts-type-full
accounts · AA
2023-09-01
➕
DENTON-BEAUMONT, Adam appointed
director
2023-09-01
➕
FAY, Joseph appointed
director
2023-09-01
➕
MCCORMACK, Kevin Richard appointed
director
2023-09-01
➕
MCCABE, Joseph appointed
director
2023-09-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-01
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-01
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-01
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-17
➕
JESSIMER, Daniel appointed
director
2023-03-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-16
📄
accounts-with-accounts-type-full
accounts · AA
2023-01-11
📄
accounts-amended-with-accounts-type-full
accounts · AAMD
2021-08-30
➖
MAHON, Paul Anthony resigned
director
2021-04-13
🔓
Charge satisfied #3
2021-04-01
➕
CADDEN, Thomas Paul appointed
director
2021-04-01
➕
MCCLUSKEY, Shaun appointed
director
2021-04-01
➕
MAHON, Paul Anthony appointed
director
2020-01-10
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2010-12-16
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2010-11-17
🔒
Charge registered #1
Lender: Royal Bank of Scotland PLC
2009-04-14
🏢
Company incorporated
As STARFISH 9 LTD
2009-04-14
➕
JESSIMER, John appointed
secretary
2009-04-14
➕
JESSIMER, Catherine appointed
director
2009-04-14
➕
JESSIMER, John appointed
director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-9 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 17 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr John Jessimer Individual · British · DOB 05/1965 · age 61	75–100%	—	75-100% shares	06/04/2016
Mrs Catherine Jessimer Individual · British · DOB 04/1965 · age 61	25–50%	—	25-50% shares	17/02/2026

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 · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ADVANCE FLOORING SOLUTIONS LTD→ SC492317 · est 2014	£3.21M £2.29M–£4.12M	—	—	25	11y	83	58y
LINEAR DESIGN AND CONSTRUCT LIMITED→ SC607605 · est 2018	£3.13M £2.23M–£4.02M	—	—	3400	7y	83	59y
A.C. ELECTRICS (CLELAND) LTD.→ SC269237 · est 2004	—	—	—	—	21y	83	62y
ADVANCE CONSTRUCTION (SCOTLAND) LIMITED→ SC202570 · est 1999 · no financials extracted	—	—	—	—	26y	83	68y
ADVANCE UTILITIES (SCOTLAND) LTD→ SC157842 · est 1995	—	—	—	53	31y	83	68y
BRANNOCK DECORATORS LTD.→ SC218053 · est 2001	—	—	£419.3k	—	25y	83	63y
INTERNOS BUILDERS LTD.→ SC215428 · est 2001	—	—	£306.4k	—	25y	83	82y
JMS PLANT HIRE LIMITED→ SC191902 · est 1998 · no financials extracted	—	—	—	—	27y	83	68y
MAQ (AIR CONDITIONING) LIMITED→ SC314817 · est 2007	—	—	£307.9k	—	19y	83	70y
RSD GLASS WORKS LIMITED→ SC282519 · est 2005	—	—	£78.6k	—	21y	83	66y
SPECTRUM DECORATING LTD.→ SC172495 · est 1997	—	—	£222.7k	—	29y	83	66y
SPL POWERLINES UK LIMITED→ SC202412 · est 1999 · no financials extracted	—	—	—	—	26y	83	63y

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

Incorporated2009-04-14

Jurisdictionscotland

Primary SIC41201 — Construction of commercial buildings

Registered office

10 Jerviston Street

New Stevenston

Motherwell

ML1 4LY

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-08

Last: 2026-03-25