JONLIN ENGINEERING LIMITED

🌳Matureactive
SC358525 · ltd · incorporated 2009-04-22
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2024
Net worth
£41.4k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
ALSO REGISTERED FOR
  • 96090Other service activities n.e.c.
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red 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 £41,395

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£41k
↑ 77% YoY
Current Assets
£77k
↓ 29% YoY
Current Liabilities
£0£22k£43k£65k£86k£108kApr 2023Apr 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-04-302023-04-30
Total assets£9.6k£11.5k
Current assets£76.7k£108.0k
Net assets£41.4k£23.4k

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

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 (23 events)Click to expand
  1. 2025-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-18
    MCPHERSON, Stuart Alexander appointed
    director
  3. 2025-07-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-07-15
    COCHRANE, Linda Mary resigned
    secretary
  5. 2025-07-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-07-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-07-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-07-10
    COCHRANE, Linda Mary resigned
    director
  9. 2024-06-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-05-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2016-04-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2009-04-22
    🏢
    Company incorporated
    As JONLIN ENGINEERING LIMITED
  21. 2009-04-22
    COCHRANE, Kenneth Jonathan appointed
    director
  22. 2009-04-22
    COCHRANE, Linda Mary appointed
    secretary
  23. 2009-04-22
    COCHRANE, Linda Mary appointed
    director

Owner dependency

68/100
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 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: COCHRANE, Linda Mary resigned 2025-07-15; COCHRANE, Linda Mary resigned 2025-07-10

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Jonathan Cochrane
Individual · British · DOB 10/1987 · age 39
2550%
25-50% shares22/04/2017
1 historic (ceased) PSC
  • Mrs Linda Mary Cochraneceased 15/07/2025· 25-50% shares

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 →
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Company details

Statusactive
Typeltd
Incorporated2009-04-22
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

Unit D Carberry Place
Mitchelston Industrial Estate
Kirkcaldy
Fife
KY1 3NQ

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-04-30
Confirmation statement
Next due: 2026-05-06
Last: 2025-04-22

Officers (2 active · 2 resigned)

COCHRANE, Kenneth Jonathan
director · ~39y · appointed 2009-04-22
View their other companies + combined net worth →
Active
MCPHERSON, Stuart Alexander
director · ~56y · appointed 2025-07-18
View their other companies + combined net worth →
Active
COCHRANE, Linda Mary
secretary · appointed 2009-04-22 · resigned 2025-07-15
Resigned
COCHRANE, Linda Mary
director · ~71y · appointed 2009-04-22 · resigned 2025-07-10
Resigned

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

Recent filings (42 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-30
appoint-person-director-company-with-name-date
officers · AP01
2025-07-18
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-15
termination-director-company-with-name-termination-date
officers · TM01
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
change-person-director-company-with-change-date
officers · CH01
2024-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30