J & W CARPETS LIMITED

📉Decliningactive
SC362931 · ltd · incorporated 2009-07-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

1 live charge · oldest 4.5y

75/100
ready

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

  • · Charge age ~4.5 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 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
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
78/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £102,785

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Profit before tax£102.8k£948.6k
Average employees676600

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

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-11-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-10-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-10-23
    🔓
    Charge satisfied #1
  4. 2025-07-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-07-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-11-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2024-08-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-08-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-08-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2023-07-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-12-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2022-04-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2021-11-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-11-01
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  18. 2021-04-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2020-01-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2018-12-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2009-08-20
    ➕
    ANDREW, Gilbert Mckie appointed
    secretary
  22. 2009-07-22
    🏢
    Company incorporated
    As J & W CARPETS LIMITED
  23. 2009-07-22
    ➕
    BAILLIE, Roy John Deadmen appointed
    director
  24. 2009-07-22
    ➕
    BAILLIE, William appointed
    director
  25. 2009-07-22
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  26. 2009-07-22
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  27. 2009-07-22
    ➕
    MABBOTT, Stephen George appointed
    director
  28. 2009-07-22
    ➖
    MABBOTT, Stephen George resigned
    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 17 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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
NameSharesVoting rightsNature of controlNotified
Mr William Baillie Snr
Individual · British · DOB 12/1955 · age 71
25–50%
25–50%25-50% shares · 25-50% voting22/07/2016
Mrs Margaret Rose Forrest Baillie
Individual · British · DOB 01/1956 · age 70
25–50%
25–50%25-50% shares · 25-50% voting22/07/2016

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

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——£973.9k—29y8274y
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——£315.0k—25y8259y
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———1325y8259y
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————26y8263y
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———210024y8267y
C MCCALLUM LIMITED→
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———3322y8263y
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————21y——
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
Incorporated2009-07-22
Jurisdictionscotland
Primary SIC47530 — Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Registered office

Forge Street Units
Bonnyton Road
Kilmarnock
Ayrshire
KA1 2QP

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-05
Last: 2025-07-22

Officers (3 active · 2 resigned)

ANDREW, Gilbert Mckie→
secretary · appointed 2009-08-20
View their other companies + combined net worth →
Active
BAILLIE, Roy John Deadmen→
director · ~48y · appointed 2009-07-22
View their other companies + combined net worth →
Active
BAILLIE, William→
director · ~45y · appointed 2009-07-22
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2009-07-22 · resigned 2009-07-22
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2009-07-22 · resigned 2009-07-22
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
Bank of Scotland PLC
A registered charge—01/11/202123/10/2025

Recent filings (55 total)

accounts-with-accounts-type-full
accounts · AA
2025-11-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-23
accounts-with-accounts-type-full
accounts · AA
2024-11-11
change-person-director-company-with-change-date
officers · CH01
2024-08-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-06
accounts-with-accounts-type-full
accounts · AA
2023-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-24
change-person-director-company-with-change-date
officers · CH01
2023-07-24