BLAKES DEVELOPMENTS LIMITED

💤Zombieactive
02102383 · ltd · incorporated 1987-02-23
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 Dec 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 60). 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

1 live charge · oldest 34.9y

45/100
under pressure

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

  • · Oldest live charge is 34.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  2. 2025-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-31
    BLAKE, Joyce Cresswell resigned
    secretary
  4. 2024-09-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-05-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-08-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-01-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2018-11-10
    BLAKE, Maurice resigned
    director
  13. 2018-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-12-12
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2017-12-12
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  16. 2017-11-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2017-11-15
    🔓
    Charge satisfied #1
  18. 2017-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2007-01-18
    BLAKE, Graham Andrew appointed
    director
  20. 1991-06-26
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  21. 1987-02-23
    🏢
    Company incorporated
    As BLAKES DEVELOPMENTS LIMITED

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 "BLAKE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Graham Andrew Blake
Individual · British · DOB 05/1966 · age 60
sig. influencesignificant influence07/04/2016

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
Incorporated1987-02-23
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

30/32 Trebarwith Crescent
Newquay
Cornwall
TR7 1DX

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (1 active · 2 resigned)

BLAKE, Graham Andrew
director · ~60y · appointed 2007-01-18
View their other companies + combined net worth →
Active
BLAKE, Joyce Cresswell
secretary · resigned 2025-01-31
Resigned
BLAKE, Maurice
director · ~91y · resigned 2018-11-10
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Debenture1 property26/06/199115/11/2017

Recent filings (99 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-06
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-11
appoint-person-director-company-with-name-date
officers · AP01
2024-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-13