JRN TRADING (SCOTLAND) LTD.
🏛️Establishedactive
SC690213 · ltd · incorporated 2021-02-24
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.73M
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
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. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -58% YoY — forensic review of receivables, stock turns, and creditor days. 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.
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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,733,823
Net assets shrinking
Down £303,192 YoY
Cash draining
Cash down 58% YoY
Cash YoY
-58%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£724k
↓ 58% YoY
Net Worth
£1.7m
↓ 15% YoY
Current Assets
£1.9m
↓ 15% YoY
Current Liabilities
—
Hover 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 | £1.85M | £2.12M |
| Current assets | £1.90M | £2.23M |
| Cash | £723.6k | £1.71M |
| Debtors | £453.3k | £91.8k |
| Net assets | £1.73M | £2.04M |
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
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-28📄resolutionresolution · RESOLUTIONS
- 2025-02-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-01-27📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-01-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-05-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-05-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-27📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2023-12-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-04📄capital-allotment-sharescapital · SH01
- 2022-02-04📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-10-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-17➕NAPOLITANO, Giano appointeddirector
- 2021-02-24🏢Company incorporatedAs JRN TRADING (SCOTLAND) LTD.
- 2021-02-24➕NAPOLITANO, Ricardo appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +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
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Grn Holdings Limited holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Grn Holdings Limited
Corporate parent · holds 50-75% shares
⬇
JRN TRADING (SCOTLAND) LTD.
This company · SC690213
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Grn Holdings Limited Corporate entity | 50–75% | — | 50-75% shares | 18/12/2023 |
Mr Ricardo Napolitano Individual · Scottish · DOB 12/1973 · age 53 | 25–50% | — | 25-50% shares | 18/12/2023 |
3 historic (ceased) PSCs
- Mr Giano Napolitanoceased 18/12/2023· 25-50% shares · 25-50% voting
- Ms Wilma Jean Taylorceased 18/12/2023· 25-50% shares · 25-50% voting
- Mr Ricardo Napolitanoceased 18/12/2023· 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.
🔒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
Active · Retail · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HULME & SCOTT LTD.→ SC301302 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| INCR-EDIBLES CBD PRODUCTS LTD→ SC754543 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| INKED RUGS LTD→ SC787468 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| J & S DUNCAN LTD→ SC873707 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| J. & C. STUART PHARMACIES LIMITED→ SC237335 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| JADE FLOWERS LARKHALL LIMITED→ SC848649 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JAMES CHAPMAN (BUTCHERS) LIMITED→ SC036643 · est 1961 · no financials extracted | — | — | — | — | 64y | — | — |
| JPH TRADERS LTD→ SC775175 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| JS 37 LIMITED→ SC813858 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| JSH STORES LTD→ SC598062 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| JTCREPS LIMITED→ SC794744 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| JUNE'S BRIDAL WEAR LIMITED→ SC406711 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2021-02-24
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet
Registered office
51 North Lodge Avenue
Motherwell
Lanarkshire
ML1 2SB
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-19
Last: 2026-01-05
Officers (2 active · 0 resigned)
NAPOLITANO, Giano→
Activedirector · ~26y · appointed 2021-10-17
View their other companies + combined net worth →
NAPOLITANO, Ricardo→
Activedirector · ~53y · appointed 2021-02-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (27 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-23
resolution
resolution · RESOLUTIONS
2025-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-06
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-01-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-08-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-05-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-02
accounts-amended-with-made-up-date
accounts · AAMD
2024-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-05