BLUU LIMITED

⚰️Wound downdissolved
04384044 · ltd · incorporated 2002-02-28
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
57/100
Worth a look
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 80/100. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

10 live charges · 2 lenders · oldest 23.4y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
24 officers (5 active, 24 linked, 19 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
28 connected companies via shared directors
90
Filing history
142 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (84 events)Click to expand
  1. 2023-01-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2023-01-24
    🏁
    Company dissolved
  3. 2022-11-15
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  4. 2022-10-04
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  5. 2022-09-21
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  6. 2022-02-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-10-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2021-10-11
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2021-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-10-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-10-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-10-05
    WOODALL, Michelle Louise appointed
    secretary
  14. 2021-10-05
    HANCOCK, Edward John appointed
    director
  15. 2021-10-05
    LEACH, Robert Anthony appointed
    director
  16. 2021-10-05
    LUPINO, Hayleigh appointed
    director
  17. 2021-10-05
    BRENNAN, Anne Marie resigned
    secretary
  18. 2021-10-02
    FINDLAY, Ralph Graham resigned
    director
  19. 2021-04-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2020-11-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2020-10-30
    WESTWOOD, Richard James resigned
    director
  22. 2020-01-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2019-01-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2018-01-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2017-10-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2017-09-29
    DALZELL, Peter resigned
    director
  27. 2017-01-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  28. 2016-01-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  29. 2013-06-03
    OLIVER, Stephen John resigned
    director
  30. 2013-06-03
    WESTWOOD, Richard James appointed
    director
  31. 2012-09-10
    DARBY, Alistair William resigned
    director
  32. 2011-10-01
    ANDREW, Derek resigned
    director
  33. 2011-10-01
    DALZELL, Peter appointed
    director
  34. 2009-03-31
    ANDREA, Andrew Andonis appointed
    director
  35. 2009-03-31
    INGLETT, Paul resigned
    director
  36. 2006-12-21
    🔓
    Charge satisfied #7
  37. 2006-08-23
    🔓
    Charge satisfied #9
  38. 2006-08-23
    🔓
    Charge satisfied #1
  39. 2006-07-11
    🔓
    Charge satisfied #10
  40. 2006-07-11
    🔓
    Charge satisfied #8
  41. 2006-07-11
    🔓
    Charge satisfied #6
  42. 2006-07-11
    🔓
    Charge satisfied #5
  43. 2006-07-11
    🔓
    Charge satisfied #4
  44. 2006-07-11
    🔓
    Charge satisfied #3
  45. 2006-07-11
    🔓
    Charge satisfied #2
  46. 2006-07-06
    BRENNAN, Anne Marie appointed
    secretary
  47. 2006-07-06
    PATTERSON, Simon Howard John resigned
    secretary
  48. 2006-07-06
    ANDREW, Derek appointed
    director
  49. 2006-07-06
    DARBY, Alistair William appointed
    director
  50. 2006-07-06
    FINDLAY, Ralph Graham appointed
    director
Showing most recent 50 of 84 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 24 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

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2023-01-24

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

Marston's Acquisitions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Marston's Acquisitions Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BLUU LIMITED
This company · 04384044

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Marston's Acquisitions Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

Statusdissolved
Typeltd
Incorporated2002-02-28
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

Marston's Plc, Marston's House
Wolverhampton
West Midlands
WV1 4JT

Filing status

Accounts
Next due:
Last made up to: 2021-10-02
Confirmation statement
Next due:
Last:

Officers (0 active · 19 resigned)

WOODALL, Michelle Louise
secretary · appointed 2021-10-05
View their other companies + combined net worth →
Active
ANDREA, Andrew Andonis
director · ~57y · appointed 2009-03-31
View their other companies + combined net worth →
Active
HANCOCK, Edward John
director · ~51y · appointed 2021-10-05
View their other companies + combined net worth →
Active
LEACH, Robert Anthony
director · ~55y · appointed 2021-10-05
View their other companies + combined net worth →
Active
LUPINO, Hayleigh
director · ~49y · appointed 2021-10-05
View their other companies + combined net worth →
Active
BRENNAN, Anne Marie
secretary · appointed 2006-07-06 · resigned 2021-10-05
Resigned
PATTERSON, Simon Howard John
secretary · appointed 2002-12-23 · resigned 2006-07-06
Resigned
SECRETARIAL APPOINTMENTS LIMITED
corporate-nominee-secretary · appointed 2002-02-28 · resigned 2002-12-23
Resigned
ANDREW, Derek
director · ~71y · appointed 2006-07-06 · resigned 2011-10-01
Resigned
DALZELL, Peter
director · ~61y · appointed 2011-10-01 · resigned 2017-09-29
Resigned
DARBY, Alistair William
director · ~60y · appointed 2006-07-06 · resigned 2012-09-10
Resigned
DOENHOFF, Judith
director · ~80y · appointed 2002-12-20 · resigned 2003-04-03
Resigned
DOENHOFF, Michael, Dr
director · ~80y · appointed 2002-12-20 · resigned 2003-04-03
Resigned
FINDLAY, Ralph Graham
director · ~65y · appointed 2006-07-06 · resigned 2021-10-02
Resigned
HILTS, Richard
director · ~73y · appointed 2003-04-03 · resigned 2006-07-06
Resigned
INGLETT, Paul
director · ~60y · appointed 2006-07-06 · resigned 2009-03-31
Resigned
LUCAS, John Kenneth
director · ~82y · appointed 2002-12-20 · resigned 2003-04-03
Resigned
MUMBY, Gillian Ann
director · ~87y · appointed 2002-12-20 · resigned 2003-04-03
Resigned
NEWTON, David Peter
director · ~75y · appointed 2002-12-20 · resigned 2006-07-06
Resigned
OLIVER, Stephen John
director · ~68y · appointed 2006-07-06 · resigned 2013-06-03
Resigned

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

Mortgages & charges

10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property26/09/200511/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security which was presented for registration in scotland on 21 june 2004 and1 property08/04/200423/08/2006
satisfied
Scottish Courage
Scottish Courage Limited
Floating charge1 property08/04/200421/12/2006
satisfied
Scottish Courage
Scottish Courage Limited
A standard security which was presented for registration in scotland on 5 may 2004 and1 property21/03/200411/07/2006
satisfied
Scottish Courage
Scottish Courage Limited
Legal charge1 property05/01/200411/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property05/01/200411/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge of licensed premises1 property24/07/200311/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge of licensed premises1 property02/01/200311/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge of licensed premises2 properties02/01/200311/07/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property02/01/200323/08/2006

Recent filings (142 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-01-24
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2022-11-15
gazette-notice-voluntary
gazette · GAZ1(A)
2022-10-04
dissolution-application-strike-off-company
dissolution · DS01
2022-09-21
accounts-with-accounts-type-dormant
accounts · AA
2022-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-14
termination-secretary-company-with-name-termination-date
officers · TM02
2021-10-12
appoint-person-secretary-company-with-name-date
officers · AP03
2021-10-11
appoint-person-director-company-with-name-date
officers · AP01
2021-10-08
appoint-person-director-company-with-name-date
officers · AP01
2021-10-08
appoint-person-director-company-with-name-date
officers · AP01
2021-10-07
termination-director-company-with-name-termination-date
officers · TM01
2021-10-07
accounts-with-accounts-type-dormant
accounts · AA
2021-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-18
termination-director-company-with-name-termination-date
officers · TM01
2020-11-30