BITBLUE LIMITED
🌳Matureactive
08833761 · ltd · incorporated 2014-01-07
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 11.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle with a 77-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 11.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 11.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (84/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
56 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
75
Strong succession / seller-readiness signals.
Risk profile
85
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 3 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 3 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-01-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-01-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-16📄capital-allotment-sharescapital · SH01
- 2025-12-27📄resolutionresolution · RESOLUTIONS
- 2025-12-27📄memorandum-articlesincorporation · MA
- 2025-12-21📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-12-21📄capital-name-of-class-of-sharescapital · SH08
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-03📄resolutionresolution · RESOLUTIONS
- 2024-10-29📄capital-allotment-sharescapital · SH01
- 2024-09-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-12➕MITCHEM, Matthew Stephen appointeddirector
- 2023-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-18📄capital-return-purchase-own-sharescapital · SH03
- 2023-07-15📄resolutionresolution · RESOLUTIONS
- 2023-07-15📄resolutionresolution · RESOLUTIONS
- 2023-07-06📄capital-cancellation-sharescapital · SH06
- 2022-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-28🔓Charge satisfied #1
- 2015-05-07🔒Charge registered #1Lender: Sqn Asset Finance Income Fund Limited
- 2014-04-09➕MITCHEM, David Robert appointeddirector
- 2014-04-09➕SMITH, David George appointeddirector
- 2014-04-09➖DAVIS, Andrew Simon resigneddirector
- 2014-01-07🏢Company incorporatedAs BITBLUE LIMITED
- 2014-01-07➕DAVIS, Andrew Simon appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Mitchem Farming Limited holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Mitchem Farming Limited
Corporate parent · holds 50-75% shares
⬇
BITBLUE LIMITED
This company · 08833761
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mitchem Farming Limited Corporate entity | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 08/12/2025 |
2 historic (ceased) PSCs
- Andrew Stephen Mitchemceased 08/12/2025· 25-50% shares · 25-50% voting
- Mr David Robert Mitchemceased 08/12/2025· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Holding company · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BAY QUALITY INVESTMENT LTD→ 12045522 · est 2019 | £392.1k £333.3k–£450.9k | — | £392.1k | — | 6y | — | — |
| ALMA COURT (TAUNTON) MANAGEMENT COMPANY LIMITED→ 06659089 · est 2008 | — | — | — | 0 | 17y | — | — |
| BEDS (SW) 2023 LIMITED→ 15134063 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BELVEDERE (PAIGNTON) MANAGEMENT COMPANY LIMITED→ 04919548 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BISHOPS MEADOW (BISHOPSTEIGNTON) MANAGEMENT COMPANY LIMITED→ 06031851 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BKT HOLDINGS LTD→ 15857156 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLACKMOOR GRANGE GILLINGHAM MANAGEMENT COMPANY (NUMBER 3) LIMITED→ 05357827 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| BLENHEIM (BOVEY) MANAGEMENT COMPANY LIMITED→ 12204677 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BLUE CROWN HOLDINGS LTD→ 15810333 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUEBALL FREEHOLD COMPANY LIMITED→ 15564388 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BLUEBALL MANAGEMENT CO. LTD→ 14671409 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BON ELLA COURT (TORQUAY) MANAGEMENT COMPANY LIMITED→ 15368742 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2014-01-07
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Wessex House
Teign Road
Newton Abbot
Devon
TQ12 4AA
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-21
Last: 2026-01-07
Officers (3 active · 1 resigned)
MITCHEM, David Robert→
Activedirector · ~72y · appointed 2014-04-09
View their other companies + combined net worth →
MITCHEM, Matthew Stephen→
Activedirector · ~31y · appointed 2024-08-12
View their other companies + combined net worth →
SMITH, David George→
Activedirector · ~77y · appointed 2014-04-09
View their other companies + combined net worth →
DAVIS, Andrew Simon→
Resigneddirector · ~63y · appointed 2014-01-07 · resigned 2014-04-09
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Sqn Asset Finance Income Fund Sqn Asset Finance Income Fund Limited | A registered charge | — | 07/05/2015 | 28/02/2020 |
Recent filings (56 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-01-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-20
capital-allotment-shares
capital · SH01
2026-01-16
resolution
resolution · RESOLUTIONS
2025-12-27
memorandum-articles
incorporation · MA
2025-12-27
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-12-21
capital-name-of-class-of-shares
capital · SH08
2025-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-20
resolution
resolution · RESOLUTIONS
2024-11-03
capital-allotment-shares
capital · SH01
2024-10-29
appoint-person-director-company-with-name-date
officers · AP01
2024-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-02