BLACKFAST CHEMICALS LIMITED
💤Zombieactive
05368415 · ltd · incorporated 2005-02-17
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
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 46750
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 57). 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 (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 20.9y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 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
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 300 | 300 |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-14➖LINES, Anthony George resigneddirector
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-05-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-04🔓Charge satisfied #3
- 2023-05-04🔓Charge satisfied #2
- 2023-05-04🔓Charge satisfied #1
- 2023-01-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-22📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2019-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-22📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-22📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-02-01🔒Charge registered #3Lender: Lloyds Tsb Commercial Finance Limited
- 2009-02-25➖CLEMENTS, Francis John Barry resigneddirector
- 2005-07-20🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2005-07-20🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2005-07-13➕OSTERGAARD, Jeanet appointedsecretary
- 2005-07-13➖PINSENT MASONS SECRETARIAL LIMITED resignedcorporate-secretary
- 2005-07-13➕CLEMENTS, Francis John Barry appointeddirector
- 2005-07-13➕LINES, Anthony George appointeddirector
- 2005-03-30➕OSTERGAARD, Jeanet appointeddirector
- 2005-03-30➖PINSENT MASONS DIRECTOR LIMITED resignedcorporate-director
- 2005-02-17🏢Company incorporatedAs BLACKFAST CHEMICALS LIMITED
- 2005-02-17➕PINSENT MASONS SECRETARIAL LIMITED appointedcorporate-secretary
- 2005-02-17➕PINSENT MASONS DIRECTOR LIMITED appointedcorporate-director
Owner dependency
85/100
Critical — business is the founderThe 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 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Jeanet Ostergaard Individual · Danish · DOB 02/1969 · age 57 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 17/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · KT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BLACKFORGE INDUSTRIAL SUPPLIES LIMITED→ 16902617 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLUE PAPILLON LTD→ 14284198 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BOBA JOURNEY LTD→ 15408083 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BOGO LIMITED→ 10953295 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BULBUL BAGH LIMITED→ 16055026 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| C & E ELECTRICAL WHOLESALE LIMITED→ 05665558 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| CARE SUPPLIES UK LTD→ 16121423 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CHARD TRADE UK LTD→ 14118036 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CISTOR LTD→ 06449814 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CLASSIC BEAUTE LIMITED→ 03234487 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| CLERICHE LTD→ 16166201 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CLG LONDON LTD→ 12789710 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2005-02-17
Jurisdictionengland-wales
Primary SIC46750 — SIC 46750
Registered office
Unit B
121 Roebuck Road
Chessington
Surrey
KT9 1EU
England
Filing status
Accounts
Next due: 2026-12-28
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17
Officers (2 active · 4 resigned)
OSTERGAARD, Jeanet→
Activesecretary · appointed 2005-07-13
View their other companies + combined net worth →
OSTERGAARD, Jeanet→
Activedirector · ~57y · appointed 2005-03-30
View their other companies + combined net worth →
PINSENT MASONS SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2005-02-17 · resigned 2005-07-13
CLEMENTS, Francis John Barry→
Resigneddirector · ~67y · appointed 2005-07-13 · resigned 2009-02-25
LINES, Anthony George→
Resigneddirector · ~91y · appointed 2005-07-13 · resigned 2025-03-14
PINSENT MASONS DIRECTOR LIMITED→
Resignedcorporate-director · appointed 2005-02-17 · resigned 2005-03-30
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 01/02/2010 | 04/05/2023 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Supplemental debenture | 1 property | 20/07/2005 | 04/05/2023 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 20/07/2005 | 04/05/2023 |
Recent filings (84 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
termination-director-company-with-name-termination-date
officers · TM01
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-04
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-04
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-10