J & L CORDINER LTD.
💤Zombieactive
SC402572 · ltd · incorporated 2011-06-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£60.5k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (69/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £60,482
Key financials
1 year extracted from filed iXBRL accountsCash
£77k
Net Worth
£60k
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 |
|---|---|
| Total assets | £60.5k |
| Cash | £76.9k |
| Net assets | £60.5k |
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
2
filings
- • 2 accounts
Last 90 days
2
filings
- • 2 accounts
Last 180 days
2
filings
- • 2 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-04-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-31📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-21➕CORDINER, Sandra Birnie appointedsecretary
- 2022-11-21📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-07-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2016-11-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-06-29🏢Company incorporatedAs J & L CORDINER LTD.
- 2011-06-29➕CORDINER, Stephen appointeddirector
- 2011-06-29➕MABBOTT, Stephen George appointeddirector
- 2011-06-29➖MABBOTT, Stephen George resigneddirector
Owner dependency
98/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "CORDINER" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
78/100
Likely off-market candidateStrong 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.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 |
|---|---|---|---|---|
Mr Stephen Cordiner Individual · British · DOB 01/1963 · age 63 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mrs Sandra Birnie Cordiner Individual · British · DOB 01/1957 · age 69 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JWFB LIMITED→ SC312553 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| K C R C LIMITED→ SC265823 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| KINERMONY LIMITED→ SC024445 · est 1946 · no financials extracted | — | — | — | — | 79y | — | — |
| M V SILVER FERN LTD.→ SC239465 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| MB BOBENA LIMITED→ SC282138 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| MB3 ESTATES LIMITED→ SC607592 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MDC TREE SURGERY LTD→ SC699454 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MEARNS TRACTORS LIMITED→ SC261246 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| MITCHELL'S OF MILLHILL LTD→ SC857642 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MORRICEBELL LTD→ SC880244 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MORVEN ENTERPRISES LTD.→ SC321035 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| MOSS-SIDE FARM LTD→ SC781625 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2011-06-29
Jurisdictionscotland
Primary SIC03110 — SIC 03110
Registered office
50 Petergrange Road
Peterhead
Aberdeenshire
AB42 2AZ
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-07-12
Last: 2025-06-28
Officers (2 active · 1 resigned)
CORDINER, Sandra Birnie→
Activesecretary · appointed 2022-11-21
View their other companies + combined net worth →
CORDINER, Stephen→
Activedirector · ~63y · appointed 2011-06-29
View their other companies + combined net worth →
MABBOTT, Stephen George→
Resigneddirector · ~76y · appointed 2011-06-29 · resigned 2011-06-29
Click a director name to see their full track record across all companies.
Recent filings (38 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-15
change-account-reference-date-company-previous-extended
accounts · AA01
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
appoint-person-secretary-company-with-name-date
officers · AP03
2022-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-04
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29