BLAITHWAITE LIMITED

🌳Matureactive
08754417 · ltd · incorporated 2013-10-30
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
year to Oct 2024
Net worth
£330.9k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -94% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 10.1y

30/100
under pressure

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

  • · Oldest live charge is 10.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £330,855
Very low cash
Cash position: £57
Net assets shrinking
Down £4,620 YoY
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£57
↓ 94% YoY
Net Worth
£331k
↓ 1.4% YoY
Current Assets
£108k
↓ 5.1% YoY
Current Liabilities
£0£67k£134k£201k£268k£335kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-302023-10-30
Total assets£1.20M£1.24M
Current assets£108.1k£114.0k
Cash£57£945
Debtors£107.5k£111.2k
Net assets£330.9k£335.5k

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 (22 events)Click to expand
  1. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-10-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-09-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-11-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2020-11-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-11-09
    🔒
    Charge registered #3
    Lender: Cumberland Building Society
  12. 2020-11-09
    🔒
    Charge registered #2
    Lender: Cumberland Building Society
  13. 2020-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-03-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2018-03-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2017-09-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2016-05-11
    🔒
    Charge registered #1
    Lender: Santander UK PLC
  20. 2013-10-30
    🏢
    Company incorporated
    As BLAITHWAITE LIMITED
  21. 2013-10-30
    DONALD, Malcolm Roger Curzon appointed
    director
  22. 2013-10-30
    GLEN-DONALD, Kate appointed
    director

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

49/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Malcolm Roger Curzon Donald
Individual · British · DOB 08/1971 · age 55
2550%
25-50% shares16/08/2016
Mrs Kate Glen-Donald
Individual · British · DOB 01/1978 · age 48
2550%
25-50% shares16/08/2016

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

Statusactive
Typeltd
Incorporated2013-10-30
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation

Registered office

Blaithwaite House
Waverton
Wigton
CA7 0AZ
England

Filing status

Accounts
Next due: 2026-07-30
Last made up to: 2024-10-30
Confirmation statement
Next due: 2026-09-02
Last: 2025-08-19

Officers (2 active · 0 resigned)

DONALD, Malcolm Roger Curzon
director · ~55y · appointed 2013-10-30
View their other companies + combined net worth →
Active
GLEN-DONALD, Kate
director · ~48y · appointed 2013-10-30
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Cumberland Building Society
A registered charge1 property09/11/2020
outstanding
Cumberland Building Society
A registered charge09/11/2020
outstanding
Santander
Santander UK PLC
A registered charge1 property11/05/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-02
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
gazette-notice-compulsory
gazette · GAZ1
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-11-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-11-13