BLUE DOLPHIN LEISURE LIMITED

💤Zombieactive
04248245 · ltd · incorporated 2001-07-09
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 Mar 2025
Net worth
£386.2k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
ALSO REGISTERED FOR
  • 78300Human resources provision and management of human resources functions
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 24.5y

15/100
under pressure

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

  • · Oldest live charge is 24.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £386,207
Cash draining
Cash down 49% YoY
Cash YoY
-49%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100k
↓ 49% YoY
Net Worth
£386k
~ YoY
Current Assets
£746k
↑ 31% YoY
Current Liabilities
—
£0£149k£299k£448k£597k£746kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£562.7k£386.0k
Current assets£746.3k£571.0k
Cash£100.5k£195.9k
Debtors£645.8k£374.9k
Net assets£386.2k£386.0k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-08-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-08-21
    🔓
    Charge satisfied #4
  6. 2024-08-21
    🔓
    Charge satisfied #3
  7. 2024-06-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-06-17
    🔒
    Charge registered #5
    Lender: Hsbc UK Bank PLC
  9. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-10-13
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC04
  13. 2021-10-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-10-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2021-10-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2021-10-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2021-10-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2021-10-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2021-10-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-10-01
    ➖
    HALLING, Sophia Lucy resigned
    secretary
  21. 2021-10-01
    ➖
    HALLING, Roderick Peter resigned
    director
  22. 2021-02-05
    ➕
    FERGUSON, Connor Sonny appointed
    director
  23. 2021-02-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2020-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2019-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2015-08-19
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  27. 2015-01-05
    🔓
    Charge satisfied #1
  28. 2011-02-16
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance Limited
  29. 2009-03-05
    🔓
    Charge satisfied #2
  30. 2001-11-30
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  31. 2001-11-29
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  32. 2001-07-09
    🏢
    Company incorporated
    As BLUE DOLPHIN LEISURE LIMITED
  33. 2001-07-09
    ➕
    HALLING, Sophia Lucy appointed
    secretary
  34. 2001-07-09
    ➕
    DMCS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  35. 2001-07-09
    ➖
    DMCS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  36. 2001-07-09
    ➕
    HALLING, Roderick Peter appointed
    director
  37. 2001-07-09
    ➕
    DMCS DIRECTORS LIMITED appointed
    corporate-nominee-director
  38. 2001-07-09
    ➖
    DMCS DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Csf Recruitment And Logistics Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Csf Recruitment And Logistics Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
BLUE DOLPHIN LEISURE LIMITED
This company · 04248245

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Csf Recruitment And Logistics Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting01/10/2021
Mr Connor Ferguson
Individual · British · DOB 04/1995 · age 31
——board controlboard control01/10/2021
1 historic (ceased) PSC
  • Mr Roderick Peter Hallingceased 01/10/2021· 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.

🔒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 →

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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
Incorporated2001-07-09
Jurisdictionengland-wales
Primary SIC49410 — Freight transport by road

Registered office

The Regent
Chapel Street
Penzance
Cornwall
TR18 4AE

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (1 active · 4 resigned)

FERGUSON, Connor Sonny→
director · ~31y · appointed 2021-02-05
View their other companies + combined net worth →
Active
HALLING, Sophia Lucy→
secretary · appointed 2001-07-09 · resigned 2021-10-01
Resigned
DMCS SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2001-07-09 · resigned 2001-07-09
Resigned
HALLING, Roderick Peter→
director · ~71y · appointed 2001-07-09 · resigned 2021-10-01
Resigned
DMCS DIRECTORS LIMITED→
corporate-nominee-director · appointed 2001-07-09 · resigned 2001-07-09
Resigned

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

Mortgages & charges

5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property17/06/2024—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—19/08/201521/08/2024
satisfied
NatWest Group
Rbs Invoice Finance Limited
All assets debenture1 property16/02/201121/08/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property30/11/200105/03/2009
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property29/11/200105/01/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (84 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-21
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-29
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2021-10-13
change-person-director-company-with-change-date
officers · CH01
2021-10-11
termination-secretary-company-with-name-termination-date
officers · TM02
2021-10-05