TJ 1861 LTD
💤Zombieactive
SC438853 · ltd · incorporated 2012-12-14
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 Feb 2025
Net worth
£2.52M
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
7 live charges · oldest 18.1y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
51 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
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,516,681
Cash YoY
+69%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£42k
↑ 69% YoY
Net Worth
£2.5m
↑ 6.0% YoY
Current Assets
£2.0m
↓ 3.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £2.53M | £2.40M |
| Current assets | £2.01M | £2.09M |
| Cash | £42.0k | £24.8k |
| Debtors | £1.97M | £2.06M |
| Net assets | £2.52M | £2.37M |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-01📄capital-cancellation-sharescapital · SH06
- 2020-06-01📄capital-return-purchase-own-sharescapital · SH03
- 2020-04-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-04-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-04-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-03-02➖JOHNSTON, Graeme Douglas resignedsecretary
- 2020-02-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-20🔒Charge registered #7Lender: Bank of Scotland PLC
- 2019-12-23📄change-person-director-company-with-change-dateofficers · CH01
- 2019-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2018-03-01➕JOHNSTON, Graeme Douglas appointedsecretary
- 2018-03-01➖JOHNSTON, Graeme Douglas resigneddirector
- 2014-03-25🔒Charge registered #6Lender: Bank of Scotland PLC
- 2013-02-13🔒Charge registered #4Lender: Bank of Scotland PLC
- 2013-02-13🔒Charge registered #3Lender: Bank of Scotland PLC
- 2013-02-13🔒Charge registered #2Lender: Bank of Scotland PLC
- 2013-01-29🔒Charge registered #1Lender: Bank of Scotland PLC
- 2012-12-14🏢Company incorporatedAs TJ 1861 LTD
- 2012-12-14➕JOHNSTON, John Richard appointeddirector
- 2012-12-14➕JOHNSTON, Graeme Douglas appointeddirector
- 2008-03-14🔒Charge registered #5Lender: Bank of Scotland PLC
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 64 — 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 64. 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 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 low7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Richard Johnston Individual · British · DOB 09/1962 · age 64 | 50–75% | — | 50-75% shares | 14/08/2016 |
1 historic (ceased) PSC
- Mr Graeme Douglas Johnstonceased 02/03/2020· 25-50% shares
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
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|---|---|---|---|---|---|---|---|
| UNITED AUCTIONS GROUP LIMITED→ SC549543 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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| UTALLIS LTD→ SC777542 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| VEKEL LTD→ SC524598 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| VERIFIER LTD→ SC463751 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| VIBRANT RESOLUTION LIMITED→ SC634040 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| VIP LARBERT BARBERS LTD→ SC826834 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| VISTACLEAN PRO LTD→ SC862210 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VOICEBUSINESS TRAINING LTD→ SC728688 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| W & L HUNTER INDUSTRIAL SERVICES LTD→ SC486490 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| W & S GIBSON (CLEANING CONTRACTORS) LTD.→ SC234616 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| W. T. PATERSON JOINERS & BUILDERS LTD→ SC505310 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2012-12-14
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Unit 5 Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-04-27
Last: 2026-04-13
Officers (1 active · 2 resigned)
JOHNSTON, John Richard→
Activedirector · ~64y · appointed 2012-12-14
View their other companies + combined net worth →
JOHNSTON, Graeme Douglas→
Resignedsecretary · appointed 2018-03-01 · resigned 2020-03-02
JOHNSTON, Graeme Douglas→
Resigneddirector · ~62y · appointed 2012-12-14 · resigned 2018-03-01
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 20/02/2020 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 5 properties | 25/03/2014 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 13/02/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 13/02/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 13/02/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 29/01/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 14/03/2008 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (51 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-25
capital-cancellation-shares
capital · SH06
2020-06-01
capital-return-purchase-own-shares
capital · SH03
2020-06-01