JTS PROPERTIES LTD

💤Zombieactive
SC618819 · ltd · incorporated 2019-01-22
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 Jan 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: property-backed borrower 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).

🏦

Refinance opportunity

2 live charges · oldest 6.7y

45/100
under pressure

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

  • · Oldest live charge is 6.7 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, 2 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
19 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
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
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£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31

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
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • 1 confirmation-statement
  • 1 address
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-01-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-01-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-01-24
    MCGEACHY, Finlay resigned
    director
  5. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-09-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-04-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-09-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2019-09-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-08-28
    🔒
    Charge registered #2
    Lender: Paragon Bank PLC
  14. 2019-08-23
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  15. 2019-01-22
    🏢
    Company incorporated
    As JTS PROPERTIES LTD
  16. 2019-01-22
    SHARPLES, Robert Watson appointed
    director
  17. 2019-01-22
    MCGEACHY, Finlay appointed
    director
  18. 2019-01-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Robert Watson Sharples
Individual · British · DOB 09/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/01/2019
1 historic (ceased) PSC
  • Mr Finlay Mcgeachyceased 24/01/2026· 25-50% shares · 25-50% 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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2019-01-22
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

13 King Street
Huntly
AB54 8DG
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-04
Last: 2026-01-21

Officers (1 active · 1 resigned)

SHARPLES, Robert Watson
director · ~58y · appointed 2019-01-22
View their other companies + combined net worth →
Active
MCGEACHY, Finlay
director · ~63y · appointed 2019-01-22 · resigned 2026-01-24
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
Paragon
Paragon Bank PLC
A registered charge1 property28/08/2019
outstanding
Paragon
Paragon Bank PLC / Paragon Mortgages (2010) Limited
A registered charge23/08/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-26
termination-director-company-with-name-termination-date
officers · TM01
2026-01-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-21
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-16