BLACKSTONE TRAVELS LTD

💤Zombieactive
07536276 · ltd · incorporated 2011-02-21
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 Feb 2017
Net worth
book net assets
Opportunity
57/100
Worth a look
🔔
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What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 57/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 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
21 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
45
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2017-02-28

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 (23 events)Click to expand
  1. 2019-10-24
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2019-04-23
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  3. 2019-04-23
    🏁
    Company dissolved
  4. 2019-02-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2018-03-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2017-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2016-06-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2016-03-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2015-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2015-02-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-11-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2014-03-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2013-11-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2013-03-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-11-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-05-08
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  17. 2012-03-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2011-05-05
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  19. 2011-05-05
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  20. 2011-02-21
    🏢
    Company incorporated
    As BLACKSTONE TRAVELS LTD
  21. 2011-02-21
    RAHMAN, Siddiqur appointed
    secretary
  22. 2011-02-21
    RAHMAN, Siddiqur appointed
    director
  23. 2011-02-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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 15 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100
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.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2018-11-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2019-03-07

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Siddqur Rahman
Individual · British · DOB 10/1982 · age 44
75100%
75-100% shares06/04/2016

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

10 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
Incorporated2011-02-21
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities

Registered office

139-143 Union Street
Oldham
OL1 1TE
England

Filing status

Accounts
Next due: 2018-11-30OVERDUE
Last made up to: 2017-02-28
Confirmation statement
Next due: 2019-03-07OVERDUE
Last: 2018-02-21

Officers (2 active · 0 resigned)

RAHMAN, Siddiqur
secretary · appointed 2011-02-21
View their other companies + combined net worth →
Active
RAHMAN, Siddiqur
director · ~44y · appointed 2011-02-21
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

restoration-order-of-court
restoration · AC92
2019-10-24
gazette-dissolved-compulsory
gazette · GAZ2
2019-04-23
gazette-notice-compulsory
gazette · GAZ1
2019-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-03-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2017-04-06
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-17
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-02-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-11-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-03-04