SALTIRE JOCK LTD

💤Zombieactive

SC474364 · ltd · incorporated 2014-04-03

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2026

Net worth

£324.1k

book net assets

Opportunity

73/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 09100

Sector: Mining & quarrying

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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 (58/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

33 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £324,130

Net assets shrinking

Down £48,053 YoY

Cash YoY

-20%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£184k

↓ 20% YoY

Net Worth

£324k

↓ 13% YoY

Current Assets

£184k

↓ 20% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2026-04-30	2025-04-30	2024-04-30
Total assets	£334.1k	£379.8k	£428.7k
Current assets	£183.7k	£228.8k	£278.5k
Cash	£183.7k	£228.8k	£278.5k
Net assets	£324.1k	£372.2k	£421.1k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-17
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2023-04-17
📄
capital-name-of-class-of-shares
capital · SH08
2022-10-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-10-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-10-01
📄
change-person-director-company-with-change-date
officers · CH01
2019-10-01
📄
change-person-secretary-company-with-change-date
officers · CH03
2019-10-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-01-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2014-04-03
🏢
Company incorporated
As SALTIRE JOCK LTD
2014-04-03
➕
MITCHELL, Caroline appointed
secretary
2014-04-03
➕
MITCHELL, John Campbell appointed
director

Owner dependency

80/100

Critical — business is the founder

The 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.
+No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100

Strong succession signal

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 12 years.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr John Campbell Mitchell Individual · British · DOB 06/1975 · age 51	25–50%	—	25-50% shares	06/04/2016
Mrs Caroline Mitchell Individual · British · DOB 11/1973 · age 53	25–50%	—	25-50% shares	06/04/2016

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

Similar companies

Active · Manufacturing · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GRAY & ADAMS LIMITED→ SC047482 · est 1970	£75.13M £58.44M–£91.83M	—	—	502	56y	87	71y
GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002	£53.82M £41.86M–£65.78M	—	—	0	24y	85	71y
GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983	£17.07M £13.28M–£20.87M	—	—	106	43y	85	71y
GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990	£16.62M £12.93M–£20.32M	—	—	101	35y	87	71y
INTERWELL LIMITED→ SC391140 · est 2011	£10.98M £8.54M–£13.42M	£33.44M	—	7800	15y	91	60y
EBLAST LIMITED→ SC202165 · est 1999	£8.03M £6.24M–£9.81M	£11.11M	—	7400	26y	83	—
ROTECH SUBSEA LIMITED→ SC451221 · est 2013	£6.41M £4.99M–£7.83M	£17.20M	—	4800	13y	84	58y
DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987	£6.22M £4.84M–£7.60M	£21.87M	—	11000	38y	93	70y
SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003	£6.15M £4.78M–£7.51M	£1.45M	—	1500	22y	94	60y
IMENCO UK LIMITED→ SC372021 · est 2010	£5.97M £4.64M–£7.29M	£17.33M	—	11500	16y	95	71y
VECTOR SUPPLIES LIMITED→ SC103810 · est 1987	£1.63M £1.27M–£1.99M	—	—	16	39y	85	71y
DALES 2002 LIMITED→ SC234880 · est 2002	£1.27M £990.2k–£1.56M	—	—	0	23y	83	70y

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

Incorporated2014-04-03

Jurisdictionscotland

Primary SIC09100 — SIC 09100

Registered office

10 Ceann Torr Park

Kintore

Inverurie

Aberdeenshire

AB51 0QT

Scotland

Filing status

Accounts

Next due: 2028-01-31

Last made up to: 2026-04-30

Confirmation statement

Next due: 2027-04-17

Last: 2026-04-03

Officers (2 active · 0 resigned)

MITCHELL, Caroline→

secretary · appointed 2014-04-03

View their other companies + combined net worth →

Active

MITCHELL, John Campbell→

director · ~51y · appointed 2014-04-03

View their other companies + combined net worth →

Active

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

Recent filings (33 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-06-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-10-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-04

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-07-08

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-04-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-20

confirmation-statement-with-updates

confirmation-statement · CS01

2023-04-17

capital-variation-of-rights-attached-to-shares

capital · SH10

2023-04-17

capital-name-of-class-of-shares

capital · SH08

2023-04-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-10-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-04-04

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-06-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-04-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-01-29