BLAST CLEAN AND COATINGS LIMITED

💤Zombieactive
04647175 · ltd · incorporated 2003-01-24
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 Jul 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Treatment and coating of metals
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. 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).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
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£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Average employees12001000

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

🔒Filing-note intelligence

4 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
1
filing
  • • 1 accounts
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 (24 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-04-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-04-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-01-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-02-08
    📄
    capital-allotment-shares
    capital · SH01
  11. 2021-02-08
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2021-02-05
    📄
    memorandum-articles
    incorporation · MA
  13. 2020-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-04-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2009-11-10
    ➖
    KELLY, Nichola Jayne resigned
    secretary
  18. 2009-11-10
    ➖
    KELLY, Nichola Jayne resigned
    director
  19. 2003-01-24
    🏢
    Company incorporated
    As BLAST CLEAN AND COATINGS LIMITED
  20. 2003-01-24
    ➕
    KELLY, Mark Elleric appointed
    director
  21. 2003-01-24
    ➕
    KELLY, Nichola Jayne appointed
    secretary
  22. 2003-01-24
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  23. 2003-01-24
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  24. 2003-01-24
    ➕
    KELLY, Nichola Jayne appointed
    director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
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.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Elleric Kelly
Individual · British · DOB 01/1966 · age 60
75–100%
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.

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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
Incorporated2003-01-24
Jurisdictionengland-wales
Primary SIC25610 — Treatment and coating of metals

Registered office

Lower Trolvis Works, Longdowns
Penryn
Cornwall
TR10 9DL

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11

Officers (1 active · 3 resigned)

KELLY, Mark Elleric→
director · ~60y · appointed 2003-01-24
View their other companies + combined net worth →
Active
KELLY, Nichola Jayne→
secretary · appointed 2003-01-24 · resigned 2009-11-10
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 2003-01-24 · resigned 2003-01-24
Resigned
KELLY, Nichola Jayne→
director · ~60y · appointed 2003-01-24 · resigned 2009-11-10
Resigned

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

Recent filings (59 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-04
gazette-notice-compulsory
gazette · GAZ1
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-18
change-person-director-company-with-change-date
officers · CH01
2022-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-18
capital-allotment-shares
capital · SH01
2021-02-08