MJM SHETLAND LTD
- 68209Other letting and operating of own or leased real estate
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | — | £49.3k |
| Current assets | — | £8.8k |
| Net assets | — | £34.3k |
| Average employees | 2 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (9 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-01📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-02-16🏢Company incorporatedAs MJM SHETLAND LTD
- 2021-02-16➕JOHNSTON, Magnus John Stewart appointeddirector
- 2021-02-16➕JOHNSTON, Nicola Anne appointeddirector
- 2021-02-16📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Magnus John Stewart Johnston Individual · Scottish · DOB 06/1983 · age 43 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/02/2021 |
Mrs Nicola Anne Johnston Individual · Scottish · DOB 03/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/02/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Property · ZE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&B ONE PROPERTIES LTD→ SC745185 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACCOMMODATE IT LTD→ SC794883 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAMSON BROS (SHETLAND) LIMITED→ SC143091 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| AGKA PROPERTY DEVELOPMENTS LTD→ SC849012 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMDOC PROPERTY LTD→ SC589816 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ANKEMA LIMITED→ SC622735 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ARTHUR & SIMPSON LTD→ SC515695 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BJSJT LTD→ SC676752 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BML PROPERTY SHETLAND LIMITED→ SC466426 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BOO-STANES LIMITED→ SC672135 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BRACE LETS LTD→ SC803559 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BTS INDUSTRIAL LETTINGS LIMITED→ SC795056 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
6 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.