JOHN MCLEAN JOINERS LTD

💤Zombieactive
SC568864 · ltd · incorporated 2017-06-15
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 Jun 2024
Net worth
£8.7k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
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
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £8,650
Net assets shrinking
Down £7,820 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£9k
↓ 47% YoY
Current Assets
£17k
↓ 49% YoY
Current Liabilities
£0£7k£13k£20k£27k£34kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£8.7k£16.5k
Current assets£17.0k£33.6k
Net assets£8.7k£16.5k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-05-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-02-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-03-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-10-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2018-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-09-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2017-06-16
    MCLEAN, John appointed
    director
  14. 2017-06-16
    DUKE, Michael resigned
    director
  15. 2017-06-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2017-06-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2017-06-15
    🏢
    Company incorporated
    As JOHN MCLEAN JOINERS LTD
  18. 2017-06-15
    DUKE, Michael appointed
    director
  19. 2017-06-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "MCLEAN" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-18

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Mclean
Individual · Scottish · DOB 10/1957 · age 69
75100%
75-100% shares17/06/2017
1 historic (ceased) PSC
  • Fd Secretarial Ltdceased 17/06/2017· 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

9 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2017-06-15
Jurisdictionscotland
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

43 Main Street
Lochgelly
Fife
KY5 9AG

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-03-18OVERDUE
Last: 2025-03-04

Officers (1 active · 1 resigned)

MCLEAN, John
director · ~69y · appointed 2017-06-16
View their other companies + combined net worth →
Active
DUKE, Michael
director · ~67y · appointed 2017-06-15 · resigned 2017-06-16
Resigned

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

Recent filings (24 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
gazette-notice-compulsory
gazette · GAZ1
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-15