JR GLASGOW LIMITED

💤Zombieactive
SC408670 · ltd · incorporated 2011-10-04
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 Oct 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. 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 (58/100).

🏦

Refinance opportunity

2 live charges · oldest 10.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees400400

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-01-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-01-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-01-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-12-20
    SINGH, Renata appointed
    director
  7. 2024-12-20
    SINGH, Jaspal resigned
    director
  8. 2024-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-06-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-04-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-06-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2017-05-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2017-04-27
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  18. 2015-10-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2011-10-04
    🏢
    Company incorporated
    As JR GLASGOW LIMITED
  20. 2011-10-04
    SINGH, Jaspal appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Renata Singh
Individual · British · DOB 05/1984 · age 42
75100%
75–100%75-100% shares · 75-100% voting10/01/2025
1 historic (ceased) PSC
  • Mr Jaspal Singhceased 20/12/2024· 75-100% shares · 75-100% voting · board control

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 →
🔒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.

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Company details

Statusactive
Typeltd
Incorporated2011-10-04
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

42 Hairst Street
Renfrew
PA4 8QY

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04

Officers (1 active · 1 resigned)

SINGH, Renata
director · ~42y · appointed 2024-12-20
View their other companies + combined net worth →
Active
SINGH, Jaspal
director · ~47y · appointed 2011-10-04 · resigned 2024-12-20
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property27/04/2017
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge07/10/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-10
appoint-person-director-company-with-name-date
officers · AP01
2025-01-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-10
termination-director-company-with-name-termination-date
officers · TM01
2025-01-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-03