BLUESTONES EQUITY PARTNERS LIMITED

🌿Early-stageactive
14012392 · ltd · incorporated 2022-03-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 2.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.8 years old — likely still in initial term.
  • · 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 (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
26 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
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£373k£747k£1.1m£1.5m£1.9mOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Total assets£6.6k
Current assets£1.87M
Cash£945
Debtors£172.6k
Net assets£6.6k
Average employees400

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
2
filings
  • 1 officers
  • 1 persons-with-significant-control
Last 90 days
5
filings
  • 2 officers
  • 1 persons-with-significant-control
  • 1 address
Last 180 days
6
filings
  • 3 officers
  • 1 persons-with-significant-control
  • 1 address
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-06-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-06-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2026-05-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-05-14
    CODY, Matthew Peter resigned
    director
  5. 2026-05-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-02-28
    PRINGLE, Elizabeth Emily resigned
    director
  8. 2025-07-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2024-09-14
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  10. 2024-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-05-11
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2024-05-08
    PENDERGAST, Steven appointed
    director
  13. 2024-05-08
    CODY, Matthew Peter appointed
    director
  14. 2024-05-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-05-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-05-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2024-04-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2024-04-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2023-10-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2023-09-26
    🔒
    Charge registered #1
    Lender: Close Brothers Limited (The “Security Trustee”)
  21. 2023-09-06
    HUNT, John Addison appointed
    director
  22. 2023-09-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2023-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2023-07-11
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  25. 2023-06-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  26. 2023-06-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  27. 2022-03-30
    🏢
    Company incorporated
    As BLUESTONES EQUITY PARTNERS LIMITED
  28. 2022-03-30
    PRINGLE, Elizabeth Emily appointed
    director

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CODY, Matthew Peter resigned 2026-05-14; PRINGLE, Elizabeth Emily resigned 2026-02-28

Group structure

Bluestones Investment Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bluestones Investment Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BLUESTONES EQUITY PARTNERS LIMITED
This company · 14012392

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bluestones Investment Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/04/2024
2 historic (ceased) PSCs
  • Mr Steven Pendergastceased 08/04/2024· 75-100% shares
  • Mrs Elizabeth Emily Pringleceased 30/10/2022· 75-100% shares · 75-100% voting · board control

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
Incorporated2022-03-30
Jurisdictionengland-wales
Primary SIC64304 — Activities of open-ended investment companies

Registered office

Chester Business Centre
Union Street
Chester
CH1 1QP
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-05-28
Last: 2026-05-14

Officers (2 active · 2 resigned)

HUNT, John Addison
director · ~64y · appointed 2023-09-06
View their other companies + combined net worth →
Active
PENDERGAST, Steven
director · ~45y · appointed 2024-05-08
View their other companies + combined net worth →
Active
CODY, Matthew Peter
director · ~49y · appointed 2024-05-08 · resigned 2026-05-14
Resigned
PRINGLE, Elizabeth Emily
director · ~41y · appointed 2022-03-30 · resigned 2026-02-28
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Close Brothers
Close Brothers Limited (The “Security Trustee”)
A registered charge26/09/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

change-person-director-company-with-change-date
officers · CH01
2026-06-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-06-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-14
termination-director-company-with-name-termination-date
officers · TM01
2026-05-14
termination-director-company-with-name-termination-date
officers · TM01
2026-03-04
accounts-with-accounts-type-small
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-11
appoint-person-director-company-with-name-date
officers · AP01
2024-05-08
appoint-person-director-company-with-name-date
officers · AP01
2024-05-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-08